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 - 8 hours ago

Amazon shares pop on earnings beat, cloud growth

The company's cloud and advertising units showed strong growth.

Business - CNBC - 22 hours 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 - Yesterday

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 quarter

Business - Financial Times - 23 hours ago

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - 2 days ago

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

Business - The Wall Street Journal - 2 days ago

South Africa cuts growth target as economic reality bites

Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors

Business - Financial Times - 2 days ago

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 - 21 hours ago

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 - 20 hours ago

Amazon announces first Kindle ever with color screen, retailing for $279

The company is refreshing its entire e-reader lineup, launching four new Kindle devices.

Business - CNBC - October 16

Amazon announces first Kindle ever with color screen, retailing for $279

Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.

How to Lead Through Contradictory Growth Signals

Your company needs to grow—but not too much.

Business - Inc. - October 16

BNP Paribas Investment Bank Growth Offsets Retail Weakness

BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.

Business - The Wall Street Journal - Yesterday

BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities

The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.

Business - The Wall Street Journal - October 16

Pearson Underlying Sales Rise, Plans Further Growth Through AI

Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...

Business - The Wall Street Journal - 3 days ago

Amazon cloud boss says employees unhappy with 5-day office mandate can leave

Amazon's cloud boss on Thursday told employees who are unhappy with the company's new five-day in-office mandate they can leave for other companies.

Business - CNBC - October 18

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 - Yesterday

Amazon, Walmart and Aldi compete to offer supercheap Thanksgiving meals — while other retailers wait in the wings

Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.

Business - MarketWatch - Yesterday

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - Yesterday

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...

Business - MarketWatch - October 16

Hollywood production falls below strike levels as reality TV takes massive hit

Production levels in the Greater Los Angeles area in the third quarter of 2024 were 5% lower than they were during the strikes, according to FilmLA.

Entertainment - Los Angeles Times - October 16

Polling has turned the US election into a game. We need to take a reality check | Peter Pomerantsev

The proliferation of opinion polls on the presidential election makes it seem more like a sport involving personalities, when what these surveys should be doing is targeting policies . In ...

World - The Guardian - 5 days ago

NFL Winners and Losers: Taking stock of the league through Week 6

Caleb Williams and Jayden Daniels are only getting started, but they already look like the best No. 1 and 2 QB picks in NFL Draft history. Plus, big bummer in Big D.

Sports - Yahoo Sports - October 13

Big Tech loses some shine ahead of a big earnings week. But ‘where else are you going to get that type of growth potential?’

As most Magnificent Seven companies gear up for quarterly earnings reports this week, some analysts expect growth that’s either still pretty good for their size, or still hard to come by anywhere ...

Business - MarketWatch - 5 days ago

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