Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - 6 hours ago

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - 3 hours ago

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Business - The New York Times - 8 hours ago

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 - 6 hours ago

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - Yesterday

Albertsons’ stock climbs on Q2 earnings and revenue beat

Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.

Business - MarketWatch - October 15

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 7 hours ago

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs dampen initial optimism on tech giant’s quarterly earnings

Business - Financial Times - 5 hours ago

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - Yesterday

Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

Business - The New York Times - October 23

Microsoft and OpenAI’s Close Partnership Shows Signs of Fraying

The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up.

Tech - The New York Times - October 21

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...

Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss

The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.

Business - Inc. - October 23

iPhone 16 and 16 Pro Step Up AAA Gaming On Mobile

With the iPhone 16 lineup of phones, both the base 16 and 16 Pro can play AAA games. How do they compare to one another? How has AAA gaming on iPhone improved in the last year?

Tech - GameSpot - October 16

Boeing is about to show a big quarterly loss as investors wait for the strike to end

If union members agree to end the strike “the supply chain, investors, and Boeing will share a collective sigh of relief.”

Business - MarketWatch - October 23

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

Microsoft’s earnings are about to look pretty weird. Here’s what to know.

Microsoft has shuffled its reporting categories, meaning investors shouldn’t compare Wednesday afternoon’s segment results to the consensus view.

Business - MarketWatch - Yesterday

Tesla shares jump in third-quarter earnings even as expected revenue is lower

After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...

World - The Guardian - October 23

McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates

McDonald’s is encouraged by signs of progress in the third quarter.

Business - MarketWatch - 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 - 14 hours ago

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

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 - 6 days ago

Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days

Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.

Top stories - The New York Times - 6 days ago

Microsoft bets on latest ‘Call of Duty’ to power up video games strategy

Tech giant hopes ‘Black Ops 6’ will boost Game Pass subscription service as Xbox sales decline

Business - Financial Times - 5 days ago

‘I grew up with it’: readers on the enduring appeal of Microsoft Excel

From baby names to wedding planning, fans of the 40-year-old spreadsheet program reveal how it has transformed their lives. “I’m a boring man,” says Mike Elwin, an energy management consultant from ...

World - The Guardian - 2 days ago

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - Yesterday

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

Business - CNBC - October 22

New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.

Business - CNBC - October 23

Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists

Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.

Business - MarketWatch - October 23

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - 6 days ago

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