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Palladian invests in UK leasing company Global Vehicle Group●Penny stock under ₹10 PC Jeweller pares early losses, jumps around 3% from today's low; here's why●BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live●Kioxia forecasts $11.78 billion Q2 operating profit●Nigeria Private FX Outflows Jump 165% to $16.3 Billion●Bajaj Finance Q1: Tight leash on bad debts, other costs accelerate profit growth●Kenyans Shift Savings to Special Funds as MMF Yields Decline●Ebola vaccine production gets $8.5 million boost as outbreak turns second-deadliest ever●Palladian invests in UK leasing company Global Vehicle Group●Penny stock under ₹10 PC Jeweller pares early losses, jumps around 3% from today's low; here's why●BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live●Kioxia forecasts $11.78 billion Q2 operating profit●Nigeria Private FX Outflows Jump 165% to $16.3 Billion●Bajaj Finance Q1: Tight leash on bad debts, other costs accelerate profit growth●Kenyans Shift Savings to Special Funds as MMF Yields Decline●Ebola vaccine production gets $8.5 million boost as outbreak turns second-deadliest ever●

Front Page

Apple and Amazon report rising revenues as investors turn on some tech stocks

Business | The Guardian · 9h ago · 🇺🇸 United States

Apple and Amazon report rising revenues as investors turn on some tech stocks

Both tech companies beat Wall Street predictions on revenue in their second quarters Apple and Amazon both released their second quarter earnings on Thursday, a test of investor confidence in major tech companies amid growing concerns over exorbitant AI spending. Apple revealed quarterly revenue of $109.4bn, beating Wall Street expectations of $108.65bn in revenue. It also reported $2.02 earnings per share, driven by sales of its marquee products such as iPhones and laptops. Continue reading...

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