Cloud computing is a bright spot for tech as the economy grapples with war and inflation

Cloud computing is a bright spot for tech as the economy grapples with war and inflation



Microsoft’s CEO indicated that companies aren’t looking to cut into their IT budgets when economies worsen. That means cloud could be a safe haven for Big Tech.



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Starbucks will stop charging extra for dairy substitutes
Business

Starbucks will stop charging extra for dairy substitutes

Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]

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Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations
Business

Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG: Earnings per share: 64 cents vs. 25 […]

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Starbucks is about to report earnings. Here’s what to expect
Business

Starbucks is about to report earnings. Here’s what to expect

Brian Niccol speaking on CNBC’s Squawk Box on Oct. 30th, 2018.  Anjali Sundaram | CNBC Starbucks is set to share more details about its fiscal fourth quarter after the bell on Wednesday. The coffee giant shared its preliminary quarterly results on Oct. 22, showing that its sales fell for the third consecutive quarter. Here’s what […]

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