%. We're going to start with those meggaap tech earnings in Wall Street's search for winners and losers after a week of hyperscaler quarterly reports. It's been a lot, but Mackenzie Seagalis has more in today's tech check sorting it all out for us.Hi Mac. Hey Court. Amazon's now locking in gains up nearly 11% after earnings showed that it is fighting back hard to hold on to its number one spot in the cloud wars.It's the last of the hyperscaler prints. And the clearest takeaway isn't just who's spending, it' ...

RT Bloomberg em Português (@BBGEmPortugues)Tecnologia puxa bolsas em Nova York com impulso da Amazon. Na agenda, saem taxa de desemprego e resultado fiscal consolidado. Vale registra resultados fortes no terceiro trimestre Se inscreva para receber o conteúdo gratuito da nossa newsletter https://t.co/1CHqhMyVp4 ...

Former Vice President Kamala Harris has taken an angry swipe at President Donald Trump, ranting over the construction of his $300 million ballroom project at the White House, at a time when the government shutdown has increased the risk of end to food aid funding for tens of millions of low-income Americans.Kamala Harris has accused the Trump administration of turning a blind eye to the fact that Supplemental Nutrition Assistance Program (SNAP) benefits would end for millions in America and “babies are goin ...

EARNINGS PREVIEW: Palantir, Robinhood Among Leaders Set To Report Palantir Technologies (PLTR) is suing two former workers that founded software startup Percepta, alleging that they violated noncompetition agreements after leaving the company and worked on a "copycat" business. Palantir stock hit another record high on Friday ahead of its third quarter earnings report. Percepta is owned by venture-capital firm General Catalyst. Palantir, a data-analysis software maker, reports Q3 earnings after the market ...

We're back on Morning Trade Live. Let's focus on Amazon. The stock hitting a new all-time high today after a strong third quarter earnings report that included 20% growth in its cloud division.It's been a long way back above $240 for this stock. Shares finally breaking the new highs we saw in February after a tariff related April selloff and recovery followed by 3 months of sideways trading. Let's uh focus in now on Amazon.Joining us for a closer look at this name H is the host of NextGen Investing today, J ...

Core Insights - Amazon's shares surged approximately 11% to a record high following the announcement of its strongest cloud growth since 2022, alleviating investor concerns about overspending on AI by major tech firms [1][4][12] - The tech-heavy Nasdaq index rose by 1.2%, while the S&P 500 and Dow Jones increased by 0.6% and 0.3%, respectively, indicating a positive market trend [1][3] Amazon's Performance - Amazon reported a 20.2% increase in revenue for its cloud unit in the most recent quarter, surpassing Wall Street's expectations of 18.1% [4] - The company achieved earnings per share of $1.95, exceeding estimates of $1.57, and total revenue of $180.17 billion, which was above the expected $177.8 billion [5] - For the current quarter, Amazon anticipates sales between $206 billion and $213 billion, exceeding analyst expectations [6] - The expected operating income for the current quarter is projected to be between $21 billion and $26 billion, compared to estimates of $23.8 billion [7] Capital Expenditures and Job Cuts - Amazon has increased its planned capital expenditures for 2025 to $125 billion from $118 billion, with intentions to spend even more in the following year [9][8] - The company is also implementing significant cost-cutting measures, including a round of 14,000 job cuts, with a total of 30,000 corporate jobs, or about 9% of its global office workforce, planned to be eliminated [12][13] Market Context - Major stock indexes are on track to end the week higher, with the Dow and Nasdaq poised for their longest streaks of monthly gains since January 2018 [3][4] - Other tech giants, such as Meta and Microsoft, experienced declines in their stock prices due to announced increases in capital expenditures for AI [2]

Amazon.com Inc (NASDAQ:AMZN) stock is up 10.5% to trade at $245.86 at last glance, reinstating Big Tech faith after the company surpassed third-quarter earnings and revenue estimates. In addition to enjoying AI investment gains from startup Anthropic, it also saw a 20% revenue jump for cloud computing arm Amazon Web Services (AWS). The e-commerce giant issued an upbeat fiscal fourth-quarter forecast as well, laying off 14,000 employees earlier this week.The equity has attracted more than 20 price-target hik ...

Core Viewpoint - Disney's programming, including ESPN, ABC, and FX channels, has been removed from YouTube TV due to failed contract negotiations, impacting subscribers' access to a wide range of content [1][5]. Group 1: Contract Negotiations - YouTube TV was unable to reach a fair deal with Disney by the deadline, resulting in the suspension of Disney's channels [1]. - The primary issue in negotiations revolves around the fees Disney is demanding from YouTube TV for carrying its channels [2]. - YouTube TV claims that Disney's proposed terms would lead to increased prices for subscribers and fewer choices [3]. Group 2: Impact on Subscribers - YouTube TV stated that the removal of Disney's content directly harms its subscribers while benefiting Disney's own live TV products, such as Hulu + Live TV and Fubo [5]. - Disney accused YouTube TV of denying subscribers access to valuable content by refusing to pay fair rates for channels like ESPN and ABC, which include significant live sports events [5]. Group 3: Market Dynamics - A Disney spokesperson criticized Google for using its market dominance to undermine competition and negotiate unfavorable terms, highlighting the company's $3 trillion market cap [5]. - YouTube TV is actively seeking to reach a fair agreement with Disney and has offered subscribers a $20 credit if the issue remains unresolved for an extended period [8]. Group 4: Recent Industry Trends - This incident follows another recent dispute where YouTube TV dropped Univision due to failed contract negotiations, indicating a pattern of challenges in securing content agreements [9]. - The removal of Univision has led to additional costs for subscribers, further complicating the competitive landscape for streaming services [11].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

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