Latest in Shares Fall Cloud
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Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
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 -
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 -
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 -
CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.Business - The New York Times - October 18 -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - October 25 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - 3 days ago -
AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - 3 days ago -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - 2 days ago -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry
Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.Business - CNBC - October 16 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - October 30 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Trump Media falls nearly 12% as DJT stock pinballs before presidential election
Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.Business - CNBC - October 31 -
Serco shares fall on Australian contract loss and changes to UK national insurance
UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025World - Financial Times - 9 hours ago -
Greggs shares fall as analysts predict near-£100mn Budget hit
Low-cost bakery chain has not yet commented on impact but retailers warn that measures will hurtBusiness - Financial Times - 5 hours ago -
UnitedHealth Shares Dive After Health Giant Says 2025 Results Likely to Fall Short
The company estimates that its formal guidance for 2025 will top out at about $30 in earnings per share.Business - The Wall Street Journal - October 15 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.Business - CNBC - October 15 -
McDonald's shares fall after CDC says E. coli outbreak linked to Quarter Pounders
The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one death.Business - CNBC - October 23 -
Qualcomm shares fall after report of Arm threat to scrap key license in escalating dispute
Qualcomm shares fell on Wednesday after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm.Business - CNBC - October 23 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
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 - October 29 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - 4 hours ago -
Astronomers Find Evidence of an Exomoon Spewing a Volcanic Cloud
Astronomers have yet to confirm the existence of exomoons, but a molecular signal around a far away star offers some of the best evidence yet.Science - The New York Times - October 15 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
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 -
Xbox Cloud Gaming Is Planning For Direct-To-Cloud Controllers And Higher-Quality Streams - Report
Microsoft launched Xbox Cloud Gaming in 2020 with great fanfare, but the company's stated goal to push cloud gaming even further has run into some technological setbacks as well as ongoing ...Tech - GameSpot - October 18