Amazon shares climb after better-than-expected Q3 revenue

Amazon on Thursday beat third-quarter revenue estimates as high interest rates failed to curb consumer spending on its e-commerce platform for everything from groceries to electronics. Shares of the online retail giant’s cloud giant rose about 5% in after-hours trading. Amazon Web Services had revenue of $23.1 billion, compared to analysts’ expectations of $23.09 billion. […]

Dollar holds steady, yuan rises on better-than-expected China data – Reuters

This illustration taken on July 17, 2022 shows a US dollar bill. REUTERS/Dado Ruvic/Illustration/File Photo Obtaining license rights TOKYO, Sept 15 (Reuters) – The dollar held steady in Asian markets on Friday, pulling back slightly from overnight gains against its peers as the yuan strengthened on economic data that outperformed some Chinese markets. . The […]

Salesforce shares fall despite better-than-expected earnings

Check out what’s being clicked on Salesforce reported better-than-expected results last quarter. The company says it has curtailed spending on cloud-based software products amid uncertain economic conditions. Salesforce shares fell more than 5% in extended trading. Shares are up more than two-thirds this year, hitting a nearly 16-month high in regular trading on Wednesday. […]

Louisiana lawmakers debate spending on better-than-expected revenue surplus

Louisiana legislators have received revised revenue projections that surpass expectations that hundreds of millions of additional dollars in surplus funds will be available in this year’s budget. The administration of Gov. John Bell Edward is trying to revive earlier proposals for teacher pay increases and additional early childhood education funds. Thursday’s Revenue Estimates meeting added […]