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Amazon profits surge on strong trading season and cloud computing growth | Amazon

Amazon’s profits soared on strong seasonal trading and strong growth in its strong cloud computing business. The world’s largest retailer generated $170 billion in revenue in the three months ended December, up 14% from the same period in 2022 and beating Wall Street expectations of about $166 billion. did. Net income reached $10.6 billion in […]

Jay Ellis honors late ‘Euphoria’ actor Angus Cloud at Sundance

The late Angus Cloud of “Euphoria” was fondly remembered Thursday night at the premiere of his penultimate film, “Freaky Tales,” at the Sundance Film Festival. The actor, who played drug dealer Fezco in the first two seasons of the HBO drama series, died of an accidental overdose last July. He was 25 years old. Freaky […]

Trump touts word cloud showing ‘revenge,’ ‘dictatorship’ as what voters think his victory would bring

Former President Trump on Tuesday shared a “word cloud” of recent polls showing the former president's political plans are most associated with the words “revenge” and “dictatorship.” Word Cloud, originally posted on Tuesday by dailymail Visualizing the latest findings, voters most often use words like “revenge,” “dictatorship,” “power,” and “America” ​​to describe President Trump's political […]

Fed Leaves Rate Unchanged As Recession Predictions Cloud Future

The Federal Reserve on Wednesday left its benchmark federal funds rate unchanged, pushing it to its highest level since 2001, while analyst forecasts remain mixed about the likelihood of a 2024 recession. announced that it would be maintained. According to the Fed's announcement after the Federal Open meeting, the Fed's decision not to raise rates […]

FOX Sports teams with Google Cloud to enhance viewer experience with generative AI

Over the past nearly 30 years, FOX Sports, a division of FOX Corp., the parent company of FOX News and FOX Business, has amassed countless amounts of video footage. We have millions of hours of sports content in our vast archives. At any given time, different individuals are tasked with sorting through seemingly endless amounts […]

Don’t let China take over the cloud — US national security depends on it 

Most Americans would think that Huawei was left alone after the US government took control of global policy. Multi-pronged campaign However, Huawei has reinvented itself in recent years, among other things. Major cloud service provider (CSP). The company is currently expanding rapidly around the world, with other companies from the People’s Republic of China (PRC) […]

Shares lose steam as doubts cloud interest rate optimism – Reuters

[1/2]File photo: December 29, 2017 at the offices of the London Stock Exchange Group in London, UK.Reuters/Toby Melville/File Photo Obtaining license rights Euro STOXX600 falls 0.4% Dollar strengthens as appetite for riskier currencies wanes Australian dollar falls 1.2% due to Reserve Bank of Australia’s dovish interest rate hike Government bonds are strong LONDON, Nov 7 […]

Amazon predicts higher holiday season sales, cloud stabilizing

Tech business journalist Jason Del Rey joins “Kabuto: Coast to Coast” to discuss the long-term rivalry between Walmart and Amazon as Walmart’s sales continue to soar. Amazon.com on Thursday predicted higher holiday sales, helped by a recent marketing onslaught, faster shipping and a stabilizing outlook for its cloud division, but Wall Street’s expectations still fell […]

Google’s ad business beat expectations but Cloud miss knocks stock in after-hours trading

Jessica Inskip, director of education and products at OptionsPlay, breaks down Big Tech’s earnings. Google’s parent company Alphabet on Tuesday reported third-quarter results that beat analysts’ financial expectations despite heavy investments. Artificial intelligence (AI)However, the company’s stock price fell amid the performance of its cloud business. Google’s financial performance Although profits and revenue beat analysts’ […]

Alphabet shares tank as Google cloud revenue weakens

Google parent Alphabet’s cloud unit on Tuesday missed third-quarter revenue estimates as an uncertain economy and high interest rates forced companies to cut budgets. Shares of the Mountain View, California-based company fell more than 4% in after-hours trading. Concerns about the global economic slowdown are forcing companies to rein in spending on cloud-related services, including […]

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