Google’s strong earnings boosted by cloud computing gains

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

Sequence launches on Google Cloud Marketplace for Web3 gaming tech

Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers.

Tech - VentureBeat - October 24

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’s Next AI Just Leaked, and It Can Take Over Your Computer

Here’s what to know about Jarvis.

Business - Inc. - November 7

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

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 election

Business - 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 intelligence

Business - Financial Times - November 12

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 year

Business - 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

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.

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

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