Latest in Undermine Modest Growth
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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 -
Budget poses new challenge for UK public finances, Moody’s warns
Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowingBusiness - Financial Times - 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