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Cloud computing and its Pc Businesses are growing, and the companys early move into ai is reaping rewards. Revenues at microsoft were up 13 to 56. 5 billion in the quarterly period to the end of september. Contrast this with alphabet the owner of google it also enjoyed a big hike in revenue, up 11 to 76. 7 billion, but its shares slipped by 5 in after hours trade as investors were unimpressed with the progress of google cloud. Lets unpack this with russ frushtick, co founder of polygon. Russ is ...

Dor skuler joins in just a bit. Im Katie Greifeld in new york. Looking at markets, it is quiet. The s p 500, we can call that unchanged but the direction is lower. More so if you look at big tech. All eyes on nvidia tomorrow which we will get to do in a moment. Looking at the big benchmark, currently lower by. 2 and even more so if you look at the Philadelphia Semiconductor index, currently down by 1. 3 . That is because nvidia shares are a dropping after the Financial Times reported that Amazon...

Miss when it comes to consumers. Home goods are seeing good money flows, but retailers are spotty. Macys, urban outfitters, but lowes at home depot, they miss. Instead, its flowing from one business to another or from a government to the business. After the dow advanced 66 points and climbed to a new high, and nasdaq also hit a new high up. 22 , we see that at this very moment, these money flows, you have to be investing in companies that dont cater to just the consumer. Albeit, some rare except...

Breaking overnight, the iranian president and foreign minister of iran killed in a Helicopter Crash. Lets get to correspondent Richard Engel with more. Reporter we just got word a few hours ago that the helicopter carrying the president of iran, raisi and the foreign minister and others crashed. There was a search and rescue operation where they did not find any survivors in the crash debris. This delegation of three helicopters and one went down carrying the president after he left the border a...

Well, we are still proudly at your service with a higher program, mr. Nasir, if you allow us to start with mr. Pirzadeh, because our question corresponds to the field in which he operates. Dear mr. Pirzadeh , could you please tell me if this removal of the law contained in this law caused us to witness that after about 30 years, this law was not implemented as it should have been, or there is no problem with the law. Allah, the merciful, the merciful. In the name of god, life and wisdom, who do ...

Chat box while google teases new ai. Inflation data year on you 2. 4. Thank you to weinstein for the great interview. Its because the revision is so steep. Up. 2. I never want to challenge numbers. People work hard to do them. When you have that kind of revision, its not what you get at amazon or sales force. Meaning what . Theyre not using enough who would come up with a product that could be that wrong. Do you have any product in your life that could be that wrong . Its all survey based. Other...

Meme madness goes beyond the gamestops of the world. And the ceo of a Bio Tech Company disrupting the health care space. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and katie stockton. And we start off with a market that may have gotten a little too complacent in the face of rising uncertainty. The nasdaq closing at a record for the first time in over a month today. Volatility across a variety of Asset Classes somewhat s...

Gold with the worst day yesterday down 1. 3 . Copper up 2 . It hit its highest level since april of 2022. We have been waiting for home depot. It hit. 3. 37. Closed at 3. 40. The same store. 3. 2. Overall, same store is down 2. 8. It was 3. 68 a share. Oh, its all on the teleprompter. Ill read it now. You heard this already. Home depot just reporting. 3. 63. Revenue missing. 36. 42 billion. 36. 66. I dont think those are people are expecting down 3 to 5. The same store sales fell 2. 8 . People w...

Im katy grindfield in new york, welcome to bloomberg markets. Markets blowing past what we learned about ppi in april. Take a look at big tech. Im going to go ahead and call that unchanged wobbling around we havent seen that big leadership from big tech that weve gotten used to over the past few weeks. Its been a different story. And meanwhile, small caps at the russell 2000 right now, really lead the way. Currently up by more than 1 . 1. 2 at the moment. Well see how long that lasts. But for th...

Safety. And within the past few hours, protesters gathered at the Federal Building in San Francisco. They are supporting the palestinians affected by israeli airstrikes following last weekends hamas attacks. Many of the demonstrators call themselves anti zionist jews. They believe it is time for a cease fire to allow humanitarian aid into gaza. And there were other rallies held earlier today on both sides of the conflict. Abc seven News Reporter Tara Campbell was on the ground at some of them an...