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BBCNEWS World July 3, 2024 - Vimarsana News

BBCNEWS World July 3, 2024

Rattled wall street with disappointing forecasts, making it clear that the billions its spending on Artificial Intelligence could take years to pay off. Well, in the last few hours weve had news from two more tech giants that has certainly calmed those nerves. Microsoft, now the worlds most valuable company, and alphabet, which owns google, have both seen their profits jump thanks to demand for al. Lets show you the details. In the three months to the end of march, microsoft made almost 22 billion. Thats up 20 on this time last year and alphabet made more than 23 billion over the same period. ...

BBCNEWS World July 3, 2024 - Vimarsana News

BBCNEWS World July 3, 2024

That put this in perspective, the United States remain the largest market for chinese product of any country Around The World and our own Trade Relationship remains very significant, in fact, Trade Relationship remains very significant, infact, china is our Third Largest Trading Partner and after mexico and after american businesses and investors in shanghai there remains very strong interest in working in this market, provided that we a level Playing Field and a fair shot. When we do, we do very well. But when we are looking at the question of tariffs, measures etc, what were focused on its p...

CNBC The July 3, 2024 - Vimarsana News

CNBC The July 3, 2024

Our economist isnt fully convinced and says while unlikely, some of the data doesnt necessarily take hikes off the table. Hell tell us why. With costs still climbing, we have three buys and a bail. Inflation insulation edition plus, the three names one trader says can weather the storm and the one shes staying away from, despite climbing 17 this week plus, deal with it, the message from chinas xi to secretary of state Antony Blinken, saying for bilateral relations between the two countries to improve, the u. S. Needs to look at chinas development in a positive light. A lot to get through today...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po we will get key Economic Data at 8 30. Core pce is expected to rise without food and energy. That i...

BBCNEWS Asia July 3, 2024 - Vimarsana News

BBCNEWS Asia July 3, 2024

Earnings on thursday, alphabet and microsoft took centre stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in artificial intelligence, One Stand Out spot for alphabet was google cloud revenue whichjumped 28 in 01. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced some good news for investors, its first ever dividend of 20 cents per share, and an additional 70 billion buy back. That sent shares into double digits after the bill. For microsofts part, its Intelligent Cloud Division delivered greater revenue than ...