Latest in Cloud Revenue Rises
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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 -
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 - 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 -
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.Business - The Wall Street Journal - October 24 -
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.Business - The Wall Street Journal - October 25 -
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 - October 31 -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - November 6 -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - November 14 -
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 - 4 hours ago -
Planet Fitness’s stock rallies as it beats profit and revenue estimates
Gym chain boosts its outlook for 2024 revenue growth.Business - MarketWatch - November 7 -
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales
WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...Business - MarketWatch - November 7 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Bitter Infighting Divides Russian Opposition
Accusations of betrayal have already tarnished the movement once led by Aleksei Navalny. Now, the election of Donald J. Trump, a Putin admirer, further complicates the opposition efforts.World - The New York Times - 5 days ago -
Vodafone’s revenue drops in Germany
UK telecoms group hit by law changes over bundling TV with rent in its biggest marketWorld - Financial Times - November 12 -
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 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.Business - The Wall Street Journal - November 11 -
US regulators plan to investigate Microsoft’s cloud business
FTC chair Lina Khan continues to pursue Big Tech in final days of Biden presidencyBusiness - Financial Times - November 14 -
PlayStation Portal Update Introduces Cloud-Streaming Beta
The latest update for the PlayStation Portal is introducing a highly requested feature for the handheld remote play device: cloud streaming without using a home console. The feature launches in ...Tech - GameSpot - Yesterday -
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 - October 29 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.Business - CNBC - November 7 -
Chase Revenue Versus Build Profit
Five ways to strike the balance for sustainable growth.Business - Inc. - 3 days ago -
Clippers' fresh start clouded by old struggles in Intuit Dome debut
L.A.'s other team debuted their state-of-the-art Intuit Dome with a valiant effort led by James Harden, but old challenges and uncertainties still loom over their new chapter.Sports - Yahoo Sports - October 24 -
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 -
Indonesia’s Marapi volcano erupts, spewing ash and hot clouds
One of Indonesia’s most active volcanoes has erupted, spewing thick columns of ash at least three times and blanketing villages with debris, but no casualties were reportedWorld - ABC News - October 27 -
What to know about the new way Microsoft will report cloud numbers Wednesday
Some on Wall Street are upbeat about the move. Others are not.Business - CNBC - October 29 -
‘Cloud-milking’: the zero-energy technique keeping young trees alive
The project that began in the Canary Islands mimics the way leaves capture water droplets from fog in order to produce water. They call it cloud milking, a zero-energy technique to extract water ...World - The Guardian - October 31 -
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 - 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 -
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 quarterBusiness - Financial Times - October 31 -
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 - November 1 -
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 - November 1 -
Silicon Valley super-spenders leave too much in the cloud
Amazon, like its peers, is fuzzy on its investment plans, and the potential paybackBusiness - Financial Times - November 1 -
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
