Latest in Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
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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 - 4 hours ago -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - Yesterday -
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 - Yesterday -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - 17 minutes 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 - 1 hour ago -
Apple Engineers Show How Flimsy AI ‘Reasoning’ Can Be
The new frontier in large language models is the ability to “reason” their way through problems. New research from Apple says it's not quite what it's cracked up to be.Tech - Wired - October 15 -
Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon
CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.Business - CNBC - 5 days ago -
How much interest will a $50,000 CD earn now?
A $50,000 CD opened now could result in thousands of dollars worth of earned interest. Here's what to know.Top stories - CBS News - October 24 -
AMD and Alphabet hit earnings targets this week — now Apple, Amazon, Microsoft and Intel get their shot
The stock market is giving Big Tech tougher demands for its continued support.Business - MarketWatch - Yesterday -
Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party
Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdictWorld - Financial Times - Yesterday -
Hospitals in firing line of forgotten war
Sudan’s brutal civil war is taking a devastating toll on the country’s health facilitiesWorld - Financial Times - Yesterday -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - Yesterday -
SoFi’s stock rally takes a breather despite improving credit trends
Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.Business - MarketWatch - 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 - 37 minutes ago -
How Amazon's Secret Level Distills Your Favorite Games Into Short TV Show Episodes
New World: Aeternum , Amazon Games' MMO, is set during the Age of Exploration, on an island where no one can die--but immortality isn't always a gift. For some, living forever leads to madness, ...Tech - GameSpot - October 16 -
Apple Podcasts – Top New Shows
Apple Podcasts charts for week ending Oct. 14Entertainment - ABC News - October 15 -
Apple Podcasts – Top New Shows
Apple Podcasts charts for week ending Oct. 21Entertainment - ABC News - October 22 -
Apple Podcasts – Top New Shows
Apple Podcasts charts for week ending Oct. 28Entertainment - ABC News - 2 days ago -
The Economy Looks Strong as Election Day Nears
Also, flash floods killed more than 95 people in Spain. Here’s the latest at the end of Wednesday.Top stories - The New York Times - 23 hours ago -
How X users can earn thousands from US election misinformation and AI images
The accounts are part of pro-Trump and pro-Harris networks sharing each other’s content multiple times a day.Top stories - BBC News - Yesterday -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - Yesterday -
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Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 7 hours ago -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - 11 hours ago -
Apple's AI features roll out on iPhones - but not for all
The new features include notification summaries and tools to assist users in writing messages.Top stories - BBC News - 2 days ago -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - October 24 -
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 -
The Stock Market Looks as Strong as Ever, but History Warns of a Bubble
Investors are on the brink of the worst decade of returns ever, according to Goldman Sachs.Business - Inc. - October 22 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - Yesterday