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Business

“Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending”

“…In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. The company is spending much faster than it’s increasing revenue — sales climbed 17% in the period. Even with all that investment, Microsoft… Continue Reading…

Business, Precious Metals

“Elliott takes $1 billion stake in Anglo American as miner faces takeover interest”

“…The activist’s U.K. arm, Elliott Advisors, in a regulatory filing Friday confirmed after publication that it had a 2.5% interest in Anglo American. The position, which consists of cash-settled derivatives, is worth around £891 million, or roughly $1.1 billion. Anglo… Continue Reading…

Business

“AT&T beats estimates for subscriber additions, free cash flow”

“…But revenue came in at $30 billion, below LSEG expectations of $30.54 billion, as the U.S. telecom space continues to see muted phone upgrades. Adjusted profit for the quarter was 55 cents per share, in line with expectations…” https://finance.yahoo.com/news/t-beats-estimates-subscriber-additions-103413531.html When… Continue Reading…

Business

“Verizon Earnings Top Views, Wireless Service Revenue Beats On Price Hikes”

“Verizon Communications (VZ) on Monday reported first-quarter earnings that fell from a year earlier but topped Wall Street estimates. Verizon stock initially rose, then reversed down although wireless service revenue came in above expectations. Reported before the market open, Verizon earnings… Continue Reading…

Business

“Netflix blows past earnings estimates as subscribers jump 16%”

“LOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and bottom lines. Total memberships rose 16% in the first quarter, reaching 269.6… Continue Reading…

Business

“Procter & Gamble sales disappoint as price hikes slow down”

“Procter & Gamble on Friday reported mixed quarterly results as it struggles to bring back shoppers after two years of hiking prices across its portfolio, from Tide detergent to Charmin toilet paper… Despite its disappointing sales, the consumer giant raised its… Continue Reading…

Business

“Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.”

“Warner Bros. Discovery shares have slumped since the media and entertainment company was created two years ago, but that hasn’t dented its chief executive’s pay.  Last year, CEO David Zaslav received pay valued at $49.7 million, a 27% increase from 2022, the… Continue Reading…

Business

“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”

“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding… Continue Reading…

Business

PEYMON MOTTAHEDEH – NO LAW REQUIRES 98% TO FILE & PAY INCOME TAX: ALEX JONES SHOW [3 OF 4] THU 4/25/24

https://www.bitchute.com/video/QWJWs1iPJbF9 Click link to watch video. The real question is how do normal people find the correct companies to file their taxes? The U.S. government is corrupt. A lot of people already know federal income taxes are illegal or should… Continue Reading…

Business, Stocks

“JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook”

“…JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. The carrier last month called off its merger agreement with budget carrier Spirit Airlines after a judge blocked that $3.8 billion deal… Continue Reading…