S&P 500 Crash Fears Send Bitcoin Price into Turmoil
The recent market dynamics have led to a significant drop in the S&P 500, which fell by 1.5% on Thursday. This has taken the Index back to rest on the top of a 4.5-year channel, prompting concerns about a potential crash.
According to experts, the outcome will have a direct impact on the price of Bitcoin, making it crucial for investors and traders to monitor the situation closely.
Meanwhile, Meta's Q2 2026 revenue reached $60.8 billion, up by 28% year-over-year (YoY), while free cash flow was $784 million amid heavy capital expenditure (capex). The company has also provided guidance for Q3 and 2026, calling for revenues between $61-64 billion.
Microsoft's stock performance is another point of interest, with Azure revenue jumping by 43% YoY in its latest quarter. However, investors are weighing the trade-off between margins and growth as AI capex swells to $41 billion.