Month: November 2024
CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
Microsoft Corp. signage in New York, US, on Friday, Oct. 25, 2024. Jeenah Moon | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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This European island is likened to the Maldives. I stayed for a week – for $1,500
White sand, clear turquoise sea and lush trees swaying in the breeze. This might sound like a description of the Maldives — but it’s actually what I experienced on a recent trip to Italy. Sardinia, the Mediterranean’s second-largest island after Sicily, is sometimes referred to as “the Maldives of Europe” for the beauty of its […]
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Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth
Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple’s second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple’s earnings report on Thursday, the company said […]
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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s […]
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