Live Breaking News & Updates on Company First Quarter
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Record sales for the most valuable company. And boeings billions, it is taking a 5 billion hit in the Second Quarter due to the worldwide grounding of what was its bestselling plane ever. And rate cut optimism. Stocks on track to open higher but on pace for worst week since may. Microsoft on track to open at a record high, market cap above a trillion dollars Quarterly Results beat expectations on cloud strength here is nadella on last nights Conference Call. Our commercial Cloud Business is the largest in the world, surpassing 38 billion in revenue for the year with growth margin expanding to 63 . Im proud of what we have accomplished over the last 12 months, and im energized by the tremendous opportunity ahead every day we work alongside our customers to help t ....
This came through in the early hours, a release for forward, not signed and sealed but it would seem tough negotiations have ended in an agreement. Good morning. Thank you for having me. This is good for the workers, this deal, because it is a 25 Wage Increase for workers, a Reference Point for the other Car Companies that are still striking and i think there is a lot of pressure to negotiate with workers and come up negotiate with workers and come up with a deal because the financial cost to the company to simply huge. We originally had the Third Quarter results from General Motors and they say the strikes so far have cost 800 million, a big hit in their profitability and the overall estimate for the strikes so ....
Charles absolutely are. Absolutely. Liz this country, for better or for worse, and i say for better. Charles, thank you very much. Breaking news. Folks, if there is a headline on this tuesday its that the bulls are maybe losing a bit of their grip on the markets and are in scweap. Ty of snapping multisession winning streaks jeopardy. If you look at this picture at the moment, looks okay, the dow is up 14, but it had been up 125. With we do have the nasdaq dipping into negative territory, down 18, the s p clinging to a 4 of point gain. What is also interesting is that the dow still in the green considering a blue chip bomb that is proving to be a drag. That bomb . Disney. Shares are cratering 99. 25 9. 25 right now. The stock not only dwelling at the low e depth of the dow 30, but it stands as the second worst performer on the s p 500. Disney shares bitten hard by the details that were within what looked like a pretty good Quarterl ....
Different meeting. The first annual meeting since Charlie Mungers death at the end of last year. It raised questions of what Berkshire Hathaway will look like after Warren Buffett. Those are the things that shareholders have been asking about and the types of things we see reflected in the media. Big questions, obviously, thrown to Warren Buffett and greg abel and jane who will be on stage this weekend to answer those questions. Well talk about those over the next few hours. Some of the issues surrounding berkshire. These are issues that Warren Buffett was direct about in his annual letter to shareholders. He laid out the disappointments they have seen. Bnsf was a disappointment on earnings. Earnings dropp ....