Latest in Earnings Boosted Cloud
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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 -
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 -
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 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
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 -
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 -
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 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
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 - 6 days ago -
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 -
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 - 3 days ago -
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 -
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 -
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 -
‘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 -
Election security updates: CISA says election saw only 'minor' disruptive activities
Follow the latest election-related security issues and legal challenges.Top stories - ABC News - November 6 -
Nvidia launches GeForce Now Performance membership for cloud games
Nvidia has launched its GeForce Now Performance membership for cloud gaming players who want high-end gaming experiences. Formerly known as GeForce Now Priority, this membership is getting ...Tech - VentureBeat - November 7 -
Indonesia's Mount Lewotobi Laki Laki unleashes towering columns of hot clouds
Indonesia’s Mount Lewotobi Laki Laki volcano is spewing towering columns of hot ash high into the air following the huge eruption that killed nine people and injured dozens of othersWorld - ABC News - November 8