Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
Economy

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre on December 19, 2023 in Sutton Coldfield, England. Nathan Stirk | Getty Images News | Getty Images Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the […]

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

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 […]

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
Economy

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this month. It doesn’t just hold the Magnificent Seven — Apple , Amazon , Meta , Alphabet , Microsoft , Nvidia and Tesla . It’s made […]

Apple sales rise 6%, company seeing early iPhone 16 demand
Economy

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge […]

Nadal ‘still not ready,’ will skip Barcelona Open
Sports

Nadal ‘still not ready,’ will skip Barcelona Open

Rafael Nadal will miss next week’s Barcelona Open as he continues building his match fitness after a hip injury suffered at the Australian Open in January, the 22-time Grand Slam champion said Friday.Nadal skipped tournaments at Indian Wells and Miami as well as the ongoing Monte Carlo Masters after suffering the injury that effectively ended… […]

Bruins close out record regular season, beat Canadiens 5-4
World

Bruins close out record regular season, beat Canadiens 5-4

MONTREAL (AP) — David Pastrnak’s goal midway through the third period was the winner and the Boston Bruins closed out their record-setting regular season with a 5-4 comeback win over the Montreal Canadiens on Thursday night.Dmitry Orlov had a goal and an assist. Trent Frederic, Jake DeBrusk and Charlie Coyle also scored for Boston (65-12-5).… […]

Toews, Blackhawks lose 5-4 to Flyers in finale
World

Toews, Blackhawks lose 5-4 to Flyers in finale

CHICAGO (AP) — Moments after his final game with the Chicago Blackhawks, Jonathan Toews delivered one last message to his teammates.All the hard work — every grueling practice and training session — it was all worth it, the captain said. The atmosphere surrounding his last game was proof.“It’s a reminder, like I said, that it’s… […]