Latest in Amazon's cloud unit records highest profit margin in at least a decade
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Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - October 31 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
TotalEnergies Profit Falls as Downstream Margins Bite
TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.Business - The Wall Street Journal - October 31 -
Tuberculosis infections highest on record: WHO
Global tuberculosis cases reached an all-time high in 2023, with nearly 11 million people estimated to have become sick with the disease last year. According to the World Health Organization's ...Politics - The Hill - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
European stocks lag US by record margin as ‘Trump trade’ bites
Euro has tumbled as investors worry currency bloc will be on front line of trade warBusiness - Financial Times - November 17 -
XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - 5 days ago -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
We're reiterating our 1 rating and raising our price target to $240 price target from $220.Business - CNBC - November 1 -
Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - November 1 -
Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.Business - CNBC - 6 days ago -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Moderna’s stock pops after biotech ekes out a surprise profit, and revenue beats by a wide margin
Moderna Inc.’s stock was higher but off its early highs Thursday, after the company’s third-quarter earnings showed an unexpected profit as well as revenue that beat estimates by a wide margin.Business - MarketWatch - November 7 -
Gunmen kill a navy rear admiral in Mexico, one of the highest-ranking officers slain in a decade
Gunmen have killed a navy rear admiral in Mexico, one of the highest-ranking officers slain in the country in the last decadeWorld - ABC News - November 8 -
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Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - November 14 -
At least 95 people dead in Spain’s worst floods in three decades
Soldiers aid search for dozens still missing as prime minister warns extreme weather may not be over. At least 95 people have died in eastern, central and southern Spain after torrential rains ...World - The Guardian - October 30 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
China October exports record highest jump in 19 months, imports decline more than expected
The world's second largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.Business - CNBC - November 7 -
How United is trying to overtake Delta as the world's most profitable airline
United Airlines has been trying to expand its profits by investing heavily in roomier seats and growing a network that will excite high-spending travelers.Business - CNBC - October 28 -
Sony stock rises as gaming and imaging units boost profits
Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.Business - MarketWatch - November 8 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
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Why Constellation Energy’s stock is seeing a record selloff despite profit beat
Shares of Constellation Energy Corp. were in danger of a record selloff on Monday and were headed for their lowest prices since before the nuclear-power company signed a 20-year power-purchasing ...Business - MarketWatch - November 4 -
Disney is turning record parks profits — even before its big expansions
Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.Business - CNBC - November 15 -
Franklin Templeton hit by record outflows as clients ditch troubled Western unit
SEC probe and poor returns prompt withdrawals just as group’s rivals are benefiting from a rush into bondsWorld - Financial Times - October 28 -
Vinyl thrives at United Record Pressing as the nation's oldest record maker plays a familiar tune
In its 75 years in operation, United Record Pressing in Nashville has survived 8-tracks, cassettes, CDs, Napster, iPods and streaming servicesEntertainment - ABC News - October 29 -
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - November 14 -
A record-tying 9 NFL teams have lost at least 6 games in the first 8 weeks
The NFL has been on a race to the bottom this seasonSports - ABC News - October 30 -
Estée Lauder’s stock heads for record selloff after profit warning, dividend cut
Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.Business - MarketWatch - October 31 -
Black Ops 6 Had A Record-Setting Debut, As Franchise Passes 500 Million Units Sold
Call of Duty: Black Ops 6 launched on October 25 and it had an enormous, record-setting debut. The game had the "biggest" three-day opening weekend in franchise history when looking at total number ...Tech - GameSpot - October 31 -
Bitter Infighting Divides Russian Opposition
Accusations of betrayal have already tarnished the movement once led by Aleksei Navalny. Now, the election of Donald J. Trump, a Putin admirer, further complicates the opposition efforts.World - The New York Times - November 16 -
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy
Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.Top stories - BBC News - November 1
