Apple iPhone 17 Leads Global Smartphone Sales in Q2 2025

ISRO: Magnitude 4.9 Earthquake Likely Triggered Nepal Glacier Collapse and Floods

A magnitude 4.9 earthquake may have caused the collapse of a cirque glacier in Nepal, according to India's space agency ISRO. The glacial collapse is believed to have subsequently triggered devastating flash floods in the region. ISRO's assessment points to the seismic event as the likely initiating factor behind the disaster. Cirque glaciers are bowl-shaped ice formations typically found at high altitudes in mountainous terrain.

Before and after: Nepal’s green mountainside turned into debris field

Sensex Opens 120 Points Higher as Brent Crude Dips on Easing Hormuz Tensions

Indian equity markets opened on a positive note with the Sensex rising over 120 points amid mixed global signals. Brent crude oil prices slipped below $88 per barrel as tensions in the Strait of Hormuz showed signs of easing. The decline in oil prices provided some relief to markets, which are sensitive to energy cost fluctuations. Global cues remained mixed, tempering the overall enthusiasm among investors despite the early gains.

Microsoft Cloud Hits $100B Revenue, but Analysts Demand Greater Transparency

Microsoft CEO Satya Nadella announced that the company's Azure cloud business has surpassed $100 billion in revenue, marking a significant milestone for the tech giant. However, analysts and investors have expressed dissatisfaction over Microsoft's continued reluctance to disclose detailed financial data about Azure. The lack of transparency raises concerns about the true profitability and capital requirements of its cloud operations. Rivals such as Amazon provide more granular segment-level financial reporting, putting pressure on Microsoft to follow suit. Shareholders are now calling on Microsoft to offer clearer financial disclosures around its cloud and AI businesses.