Microsoft has forecast strong growth in its cloud business and announced plans for record capital spending, signaling continued confidence in AI-driven infrastructure demand. The company is doubling down on data centers and computing capacity as cloud services remain its fastest-growing revenue segment. Capital expenditure at this scale typically means billions in infrastructure investment, covering hardware, data centers, and energy supply chains across multiple regions. Investors will watch whether this spending translates into margin pressure in the near term or accelerates revenue growth in subsequent quarters. The move also puts pressure on rivals like Amazon Web Services and Google Cloud to match infrastructure commitments. For the broader tech sector, record capex from Microsoft reinforces that AI infrastructure buildout is a sustained cycle, not a short-term burst. Key things to track: whether cloud revenue growth outpaces spending growth, and how quickly new capacity comes online to serve enterprise customers.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
