AGP Executive Report
Last update: 2 hours agoAI & Markets: Microsoft surged after results signaled AI spending is paying off, lifting the S&P 500 and helping chip stocks rebound, while Meta fell on weaker profit and cash flow—showing investors are still picky about which AI bets translate into earnings. US Economy: Growth slowed to 1.5% in Q2 as imports weighed on GDP, but consumer spending and AI-related business investment stayed resilient, keeping the “soft landing” debate alive. Global Outlook: The OECD warned the world economy will slow next year as inflation, high rates and wars bite, even as recessions are expected to be avoided in most places. Policy & Taxes: Philippines lawmakers filed a bill to scrap the minimum corporate income tax for domestic firms starting in 2027, aiming to ease pressure on businesses with thin margins. Regulation & Trust: The FCC limited how Dish’s $2.4bn trust can be used after bankruptcy concerns, tightening rules around who can draw funds. Small Business & Logistics: UPS rolled out new digital tools to make pickups and shipping simpler for small firms, while Ohio’s workers’ comp fund is set to pay another employer dividend. Food & Trade: Independent grocers reported resilience despite pressure, and Malaysia’s “Malaysia Fest 2026” is pushing agro-food exports via buyer matching.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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