Microsoft shares slide after cloud growth disappoints
Tesla expects vehicle business to return to growth in 2025
Read more at Financial Times
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Microsoft’s cloud sales disappoint as it struggles to meet AI demand
Tech group’s capital spending surges to $23bn in attempt to clear capacity constraintsFinancial Times - 16h -
Bernard Arnault slides down to world’s fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as some luxury-goods rivals.MarketWatch - 1d -
JetBlue shares tumble 25% after disappointing outlook
The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.CNBC - 1d -
Microsoft's underperformance has investors looking to cloud for growth
Microsoft's stock has badly lagged its tech peers in the past year as cloud growth has been basically stagnant in recent quarters.CNBC - 2d -
Microsoft loses status as OpenAI's exclusive cloud provider
Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.CNBC - Jan. 22 -
Apple slides on disappointing iPhone data in China. Here's why we're not panicking
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 16 -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - Jan. 16 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3
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ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%
Move comes after Fed keeps borrowing costs on holdFinancial Times - 22m -
Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 9m -
No survivors found after mid-air collision over Washington
American Airlines passenger jet collided with army helicopter over Potomac RiverFinancial Times - 3h -
With DeepSeek, China innovates and the US imitates
The start-up’s breakthrough confounds outworn prejudices about the two countriesFinancial Times - 5h -
The ‘conservative international’ battle with Britain
This time around, the Trump victory comes as the UK is vulnerable to potent arguments from the rightFinancial Times - 4h
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Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 9m -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.CNBC - 14m -
IBM rallies 13%, heads for best day since 2000 on strong earnings
CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.CNBC - 19m -
Why Employers Should Worry About Sliding Student Reading Scores in the AI Age
Today’s student are America’s future workers, but new data show their reading skills have fallen, and math skills aren’t improving. This data should concern employers.Inc. - 20m -
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its ...MarketWatch - 21m