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Google’s cloud outpaces rivals in third quarter as AI battle heats up
Technology

Google’s cloud outpaces rivals in third quarter as AI battle heats up

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase | Picture Alliance | Getty Images With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company […]

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Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel
World

Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow […]

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Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more
Finance

Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more

Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 5.5%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations and lifted its adjusted earnings outlook for fiscal 2025. The company posted earnings of $1.88 per share, excluding items, on revenue of $52.28 billion. Analysts […]

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Amazon shares jump 7%, approach record after earnings beat
Technology

Amazon shares jump 7%, approach record after earnings beat

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon shares jumped 7% on Friday and neared an all-time high after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. The stock is […]

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Stocks making the biggest moves premarket: Amazon, Apple, Atlassian and more
Finance

Stocks making the biggest moves premarket: Amazon, Apple, Atlassian and more

Check out the companies making headlines before the bell. Amazon — The e-commerce giant popped 7% after posting stronger-than-expected earnings and robust cloud and advertising growth. Revenues for its Amazon Web Services grew 19% on a year-over-year basis. Apple — Shares dropped 1.6% even after the technology giant surpassed top-and-bottom line estimates for the recent […]

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Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data: Live updates
World

Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data: Live updates

Traders work on the floor of the New York Stock Exchange. NYSE Nasdaq 100 futures advanced Thursday night as traders analyzed major earnings reports in the runup to the all-important jobs report. Futures tied to the tech-focused index added 0.4%. Dow Jones Industrial Average futures climbed 141 points, or 0.3%. S&P 500 futures ticked up […]

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CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
World

CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations

A Microsoft store 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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CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
World

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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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Technology

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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Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday
Travel

Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024.  David Ryder | Reuters Boeing and its […]

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