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[BUSINESS] · United States, Iran, Australia · 13 sources

US Stocks Rise on Tech Earnings as Middle East Tensions Ease

U.S. equity futures moved higher as investors digested strong earnings from major technology firms. Amazon’s shares jumped about 15% after reporting a surge in cloud revenue, while Microsoft posted a robust cash‑generation outlook. The S&P 500 rose roughly 0.7%, the Nasdaq Composite gained about 1%, and the Dow Jones Industrial Average added around 0.5%.

Treasury yields continued to climb, with the 10‑year benchmark near 4.7% and the 30‑year approaching 5.3%. Brent crude fell to about $83.8 per barrel as signs of de‑escalation in the Middle East reduced oil‑price pressure. President Donald Trump announced that talks with Iran to reopen the Strait of Hormuz would take place, though no deadline was set. In the healthcare sector, Bristol‑Myers Squibb and AstraZeneca disclosed preliminary merger talks that could create a drugmaker valued at nearly $400 billion.

The market outlook also turned to upcoming U.S. non‑farm payroll data and Federal Reserve policy signals, while Australian futures slipped about 1% ahead of local reporting season, reflecting the spill‑over of U.S. market dynamics.

Entities: Amazon.com Inc. · Amazon.com, Inc. · Apple Inc. · Australian dollar · Brent crude · Bristol‑Myers Squibb · Donald Trump · Microsoft Corp. · U.S. Federal Reserve · U.S. Treasury · United States

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

  • [● 2 SOURCES] President Donald Trump said talks with Iran to reopen the Strait of Hormuz would take place. (Political statement.)
  • [● 2 SOURCES] Amazon reported a more‑than‑tripled profit year‑over‑year, driven by cloud growth, and its shares rose roughly 15%. (Earnings report coverage.)
  • [● 2 SOURCES] Bristol‑Myers Squibb and AstraZeneca disclosed preliminary merger talks that could create a drugmaker worth nearly $400 billion. (Corporate merger discussion.)
  • [● 2 SOURCES] Economists expected the July non‑farm payrolls report to add about 80,000‑90,000 jobs. (Labor market forecast.)
  • [○ 1 SOURCE] Microsoft forecast strong cash generation through fiscal 2027, boosting its stock. (Earnings outlook.)
  • [● 3 SOURCES] The S&P 500 rose about 0.7%, the Nasdaq Composite about 1%, and the Dow Jones Industrial Average roughly 0.5%. (U.S. stock market gains reported in multiple articles.)
  • [● 2 SOURCES] The U.S. 10‑year Treasury yield rose to roughly 4.7%. (Bond market data.)
  • [● 2 SOURCES] Brent crude fell to about $83.8 per barrel. (Oil price movement linked to Middle‑East tension.)
  • [● 2 SOURCES] Bristol‑Myers Squibb and AstraZeneca are in preliminary merger talks that could create a drugmaker worth nearly $400 billion. (Reuters)
  • [● 2 SOURCES] The Nasdaq Composite rose roughly 1%. (Reuters)
  • [● 2 SOURCES] The U.S. 10‑year Treasury yield was around 4.7%. (Reuters)
  • [● 2 SOURCES] Amazon shares jumped about 15% after reporting strong cloud earnings. (Reuters)