Latest in Growth Mode Helps
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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 -
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 -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - October 30 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
Chancellor announces £1.5bn for Stormont next year
Rachel Reeves also gives the go ahead to funding for Causeway Coast and Mid South West growth deals.Top stories - BBC News - October 30 -
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 - October 30 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31