Latest in Google’s strong earnings boosted by cloud computing gains
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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 -
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 - October 30 -
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 - October 30 -
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 - October 30 -
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 - October 30 -
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 -
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 - October 29 -
Microsoft introduces PC that has one job: connect users to their computers in the cloud
Microsoft's latest stripped-down device is designed for corporate use and includes a new operating system.Business - CNBC - 3 days ago -
How AI and Cloud Computing Could Stall Global Energy Transition
At the COP29 global climate summit, worries grow that rapidly growing power demand from data providers will increase fossil fuel use.Business - Inc. - Yesterday -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
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 -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - November 2 -
Google Cloud launches AI Agent Space amid rising competition
VentureBeat's viewing of the AI Agent Space revealed only 19 distinct agent models available for use, a fry cry from cloud rivals.Tech - VentureBeat - Yesterday -
Google’s Next AI Just Leaked, and It Can Take Over Your Computer
Here’s what to know about Jarvis.Business - Inc. - November 7 -
Walmart Earnings: Holiday Shopping Is Off to a Strong Start
The retailer said sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season.Business - The Wall Street Journal - 3 days ago -
Trump victory bets and strong US economy power dollar gains
Greenback enjoys strongest month in two years ahead of presidential electionBusiness - Financial Times - November 2 -
Sanofi Earnings Boosted by Early Vaccine Sales
The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory syncytial virus vaccines ...Business - The Wall Street Journal - October 25 -
TJX boosted by strength in Europe, as retailer posts earnings beat and raises guidance
TJX Cos.’ stock was flat in afternoon trade Wednesday after rising from its morning lows, which came even after the discount retailer’s fiscal third-quarter earnings topped estimates and it again ...Business - MarketWatch - 2 days ago -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - November 12 -
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 -
IAG Earnings Soar Above Market Views on Strong Demand
The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.Business - The Wall Street Journal - November 8 -
Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.Business - The New York Times - 3 days ago -
Target struggles, Walmart sees strong sales in Q3 earnings reports
Retailers are putting out their third-quarter earnings reports ahead of the big holiday spending season. CBS News contributor Javier E. David has a look at the numbers.Top stories - CBS News - Yesterday -
Disney's Earnings Outlook Rises as Streaming Unit Posts Gains
The streaming profit and studio are bright spots, while income from cable and theme parks declines.Business - The Wall Street Journal - November 14 -
Williams-Sonoma’s stock rockets to all-time high as market-share gains fuel earnings beat
Williams-Sonoma Inc.’s stock was up 26% on Wednesday after the home-goods retailer reported improved sales and market-share gains, as well as stronger-than-expected profit, despite a “difficult ...Business - MarketWatch - 2 days ago -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Humana’s earnings boosted as Medicare Advantage membership exceeds expectations
The health insurer’s profit and revenue top estimates, while its stock is on track for its biggest one-day gain in more than a year.Business - MarketWatch - October 30 -
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 - October 30 -
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.Business - The Wall Street Journal - November 11 -
Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
Paramount’s earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.Business - MarketWatch - November 8