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Meta's AI Spend & Microsoft's Win (+5 more stories)

The Daily Business and Finance Show - Wednesday, 29 July 2026

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Today's headlines:

Meta in charts: R&D expenses top $21B in Q2 as AI investment accelerates

Microsoft Non-GAAP EPS of $4.74 beats by $0.50, revenue of $90B beats by $2.37B

Nasdaq reversal a bear trap? History says yes

Microsoft pops as Q4 results top estimates; Azure tops…

The skinny

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