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Amazon is set to report second-quarter earnings after the bell on Thursday. Amazon is rounding out what's been a mixed earnings season for leading tech companies. Microsoft 's beat on the top and bottom lines was overshadowed by lower-than-expected Azure cloud revenue. Amazon, which leads the cloud infrastructure market, is expected to report growth of 17.6%, according to StreetAccount. During the quarter, Amazon secured a highly sought after position as the third rights partner in the NBA's new 11-year TV deal.
Persons: LSEG, what's, Andy Jassy, Amazon Organizations: Web, Google, YouTube, Microsoft, Meta, BofA Securities, AWS, Amazon, Revenue, Loop Capital, Nasdaq
Read previewAn Olympics ad from Google depicting a father using its Gemini AI assistant to help his daughter compose a letter to her favorite athlete has drawn sharp criticism from online commentators. Google's "Dear Sydney" spot first aired on TV during the broadcast of the opening ceremony on July 24 and is also available on YouTube. Related stories"It follows a coherent story, focuses on characters with agency and vitality, and prioritizes people over the product," said Jon Evans, System1 chief customer officer, of Google's ad. Still, several ad experts have said Google's marketing department — which created the ad in-house rather than using an ad agency — should have done a better job of reading the room. The "Dear Sydney" spot was still airing on US TV on Tuesday morning, according to the measurement firm iSpot.
Persons: , USA's Sydney McLaughlin, McLaughlin, Shelly Palmer, Syracuse University's S.I, Jon Evans, Evans, System1, Kevin, Sabrina, Sydney, Maani Safa, Poppins, Safa, Malcolm Poynton, didn't, Lorraine Twohill, Josh Green Organizations: Service, Google, Gemini, Business, Paris Olympics, YouTube, Team USA, Syracuse University's, Newhouse School of Public Communications, NBC Sports, Cheil Locations: Paris
Federal regulators have determined that Amazon can be held responsible for defective goods sold by third-party merchants on its online marketplace, rejecting the company's position that it's merely an intermediary between consumers and sellers. Amazon's marketplace, which hosts millions of third-party sellers, now accounts for approximately 60% of the company's e-commerce sales. The company has previously said it invests hundreds of millions of dollars per year to ensure products sold are safe and compliant. At issue were 418,818 goods sold through Amazon, including faulty carbon monoxide detectors, hairdryers without electrocution protection and children's sleepwear that posed a burn risk. This program gives Amazon "far-reaching control" over the products sold on its platform, the judge said.
Persons: it's, It's, they're Organizations: U.S . Consumer Product Safety Commission, Amazon, Consumer Locations: Robbinsville , New Jersey, U.S, Tennessee
Read previewWarning: Major spoilers ahead for season two, episode seven of "House of the Dragon," and "Fire and Blood." But it does sound like one of King Jahaerys' children — Princess Saera Targaryen. AdvertisementKieran Bew and Ellora Torchia as Hugh and his wife in "House of the Dragon" season two. Ollie Upton/HBOSaera Targaryen was Jahaerys and Alysanne's ninth childSaera was one of King Jaeharys I and Queen Alysanne's children. Hugh Hammer was introduced in the first episode of "House of the Dragon" season two.
Persons: , it's, Hugh Hammer, Ulf, Baelon, Viserys, King Jahaerys, Saera Targaryen, Kieran Bew, Ellora Torchia, Hugh, Ollie Upton, Targaryen, Saera, King Jaeharys I, Alysanne's, George R.R, Martin, King Jaehaerys, Alysanne, Queen Alysanne, Jaehaerys, Essos, Ryan Condal, Bew, we'll, he's Organizations: Service, Business, HBO Locations: Lys, Westeros, Volantis, Essos
Oscar Tully, played by actor Archie Barnes, manages to completely steal away one of the best scenes in "House of the Dragon" to date in episode seven. Daemon desperately covets it, but unfortunately for him, Oscar isn't going to let him take it easily. What you're witnessing here is the verbal murder of Daemon Targaryen at the hands of Oscar Tully. It's the only move available to him to win over the other River Lords, and in turn, their considerable armies. Oscar Tully forever!
Persons: , Daemon Targaryen, Oscar Tully, Archie Barnes, Tully, Oscar, Oscar isn't, Daemon, Grover, Lord, Willem Blackwood, Bracken, Alys Rivers, Oscar Tully isn't, Ollie Upton, Daemon's, Consort, Prince, Daemon seethes, it's, Barnes, sass, Matt Smith, TULLY, tAcWRbHZyP — hayes Organizations: Service, Business, Paramount, HBO Locations: Alys, Harrenhal, @temptationslvre
Just 20 years ago journalists covered the tech industry "like it didn't matter, like it was this hobbyist, interesting, plucky thing." The pro-tech media gives tech's main characters the chance to write their way back to the original storyline. Trae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Related storiesTrae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Of the members of the news media I talked to about pro-tech media, some were backhandedly laudatory.
Persons: Mike Solana, Solana, Peter Thiel, , David Sacks, Jason Calacanis, Chamath Palihapitiya, David Friedberg, Elon Musk, Sam Altman, Tucker Carlson, Donald Trump, There's, Coogan, John Coogan, Andreessen Horowitz, Marc Andreessen, they're, Balaji Srinivasan, Mark Zuckerberg, Donald Trump's, Tyler Le, Sam Bankman, Warren Buffett, Trae Stephens, Andreessen, Palmer Luckey, It's, Dick Lucas, Lucas, Joe Rogan, Kamala, Stephens, Packy McCormick, Taylor Lorenz, Ryan Mac, Kevin Roose, Jesse Singal —, Casey Newton, Casey isn't, Casey, Newton, Erik Torenberg, Anthony Fauci, Ellen Pao, Katherine Maher, George Soros, Joe Biden, Chesa Boudin, Boudin, Gavin Newsom, Palihapitiya, Sacks, Trump, JD Vance, Brian Merchant, Ben Smith, Eric Newcomer, he's, Lulu Cheng Meservey, Balaji Srinivasan's, Zoë Bernard Organizations: Fund, Tech, Founders Fund, Apple, Elon, Elite, Sequoia Capital, Pirate, Penguin Group, Big Tech, Card Industry, Washington Post, TechCrunch, Media, NPR, Google, Disney, Twitter, Republican National Convention, Bloomberg, monetization, San, Business Locations: San Francisco, Substack, Silicon Valley, New York, Silicon, Solana, Miami, Francisco, California, Los Angeles
Well, a new Google ad says artificial intelligence can now do that for you. It shows the young girl training to compete like her hero, thanks to hurdling technique tips generated by Google’s AI search feature. But many early AI tools seem to do the opposite, instead enabling computers to generate traditionally human creative outputs such as art, music and stories. And yet tech firms have forged ahead with rolling out AI tools that can create new emojis, speak and even generate videos. Google did not respond to CNN’s request for comment regarding the backlash to the Gemini ad.
Persons: Mickey Mouse, It’s, Sydney McLaughlin, , Google’s, McLaughlin, OpenAI’s, Deadspin Will Leitch, ” Shelly Palmer, Syracuse University’s S.I, ” Apple, Sonny, Cher’s, Apple Organizations: New, New York CNN, Olympics, Google, Big Tech, Tech, Syracuse University’s, Newhouse School of Public Communications Locations: New York
Evercore's Palmer: McDonald's had a 'sobering quarter'
  + stars: | 2024-07-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvercore's Palmer: McDonald's had a 'sobering quarter'David Palmer, Evercore ISI managing director, joins 'Squawk on the Street' to discuss McDonald's quarterly earnings results, how concerning the international markets are for fast food, and much more.
Persons: Evercore's, McDonald's, David Palmer
The topic of Temu and Shein's growth will hover over tech earnings this week, as Amazon reports second-quarter results alongside Meta, eBay and Etsy. watch nowIn Amazon's report on Thursday, the company is expected to show revenue growth of about 11% to $148.6 billion, according to LSEG. That's where Temu and Shein come into play, as merchants now have new ways to get products to American consumers. Amazon has continued to highlight its delivery prowess and its focus on speed in the face of growing competition from Temu and Shein. However, while it's long touted itself as the "lowest-priced U.S. retailer," Amazon has shown that it's well aware of Temu and Shein's increasing popularity.
Persons: Stefani Reynolds, David Zapolsky, Zapolsky, it's, Shein, Andy Jassy, Jassy, It's, Angus Mordant, Temu, Meta, Susan Li, Jamie Iannone, Etsy, Amazon, Amazon's Zapolsky Organizations: Apple, CNBC, Afp, Getty, eBay, Meta, Etsy, Tech, YouTube, Microsoft, Intel, Qualcomm, Google, PDD Holdings, Amazon, European Union, Bloomberg, Barclays, Finance, EBay, Bank of America, Walmart Locations: U.S, China, Temu, New York, Asia, Pacific, San Francisco, Singapore
The 48 states also include the 15 states where former President Donald Trump, the Republicans’ 2024 nominee, had his highest share of the vote in 2020. Since Biden was never the official nominee, states say there’s no problem for HarrisThe election authorities in 48 states and the District of Columbia offered highly similar comments explaining why Harris does not face any hurdles getting on the ballot there. Chelsea Carattini, spokesperson for Republican Idaho Secretary of State Phil McGrane, said in an interview: “There’s no issue. It’s impossible to say for certain whether a particular court in a particular state might rule that the state’s elections authority was wrong. Any challenges after the convention would be challenges to a nominee who received the support of the convention delegates under convention rules.
Persons: Kamala Harris, Mike Johnson, Joe Biden, CNN Harris, Harris, Johnson, they’re, , Biden, Donald Trump, Patrick Gannon, ” Gabriel Sterling, Brad Raffensperger, it’s, haven’t, , Chelsea Carattini, Phil McGrane, , ” Michon Lindstrom, Michael Adams, Kamala, ” Rachel Soulek, Monae Johnson, ” Landon Palmer, State Mac Warner, ” Laney Rawls, Wes Allen, Rawls, CNN’s Tierney Sneed, Derek Muller, ” CNN’s Marshall Cohen, Ethan Cohen Organizations: Washington CNN, Democrats, Democratic, CNN, ABC, of Columbia, Republicans, District of Columbia, North, North Carolina State Board, State Board, Democratic Party, Republican Georgia, Republican, Trump, Chelsea, Republican Idaho, Republican Kentucky, Republican West, State, Republican Alabama, , University of Notre Dame Locations: Florida, Montana, Georgia, Arizona , Wisconsin , Pennsylvania, North Carolina , Michigan, Nevada, North Carolina, South Dakota, Alabama
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA pilot calling himself a "free citizen" is accused of almost causing a midair crash after taking off in the direction of landing planes, federal investigators say. The federal indictment said that Marsan pointed his Piper Cherokee against the flow of landing air traffic. Statements like this are hallmarks of the Sovereign Citizen movement, according to the Anti-Defamation League, although the indictment has not identified him as such. In court, Marsan said that he didn't consider himself the defendant, according to the Anchorage Daily News.
Persons: , William Brian Marsan, Warren, Bud, Marsan, Piper, didn't, commenter Organizations: Service, FAA, Palmer, Airport, Business, Sovereign Citizen, Defamation League, Southern Poverty Law, Anchorage Daily News, Sound Aviation, Anchorage . Locations: Palmer , Alaska, Anchorage
Taylor Morrison CEO on Q2 earnings
  + stars: | 2024-07-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaylor Morrison CEO on Q2 earningsSheryl Palmer, Taylor Morrison CEO, joins 'Squawk on the Street' to discuss the company's Q2 earnings, what's driving its higher guidance, and what inventory looks like.
Persons: Taylor Morrison, Sheryl Palmer
Palmer Luckey claims the elevators and scissor lifts in his Newport Beach home keep getting stuck. Luckey is suing the builders of his home, which is meant to house his automobile collection. Luckey said the builders breached their contract, but the builders denied the claims. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWar weapons entrepreneur and Oculus founder Palmer Luckey is suing the developers who helped build his Newport Beach, California mansion because people kept getting stuck in the scissor lifts and elevator in the home, a lawsuit claims.
Persons: Palmer Luckey, Luckey, Organizations: Newport Beach, Service, Newport, Orange County Superior, Business Locations: Newport, Newport Beach , California, Orange County
Read previewWarning: Major spoilers ahead for season two, episode six of "House of the Dragon." But confirming her sexual identity has a deeper resonance on "House of the Dragon" — let's break it down. Emma D'Arcy and Sonoya Mizuno as Rhaenyra and Mysaria in season two, episode five of "House of the Dragon." AdvertisementSonoya Mizuno and Emma D'Arcy as Mysaria and Rhaenyra in season two, episode two of "House of the Dragon." Sonoya Mizuno and Emma D'Arcy as Mysaria and Rhaenyra in season two, episode three of "House of the Dragon."
Persons: , I'm, Paddy Considine, King Viserys, Emma D'Arcy, Sonoya Mizuno, Ollie Upton, Rhaenyra, Alicent Hightower, Milly Alcock, Emily Carey, Alicent, there's, Young, Targaryen, Ser Criston Cole, Daemon, Laenor, Daemon Targaryen, Mysaria, Dragonstone, Theo Whiteman, Aegon's, Jaehaerys, Arryk Cargyll's, It's Organizations: Service, Business, HBO, New York Times Locations: Mysaria, Rhaenyra
For the golf fanatics of the world, it could soon all be yours – so long as you have a spare £1.5 million ($1.93 million) to part with. “The sale of Blackrock House is one of those rare times where you can safely say there isn’t anything else like this available in the world,” Strutt and Parker selling agent Annabel Blackett told CNN via email. Spectators walk past Blackrock House and its "for sale" sign. It would be another 45 years before the course hosted its first Open Championship, with this week marking its 10th time staging the major. “This will be a bittersweet Open for us,” Andrew Kelly told the Associated Press ahead of this week’s tournament.
Persons: Woods, Viewings, Strutt, Parker, , ” Strutt, Annabel Blackett, Jon Super, Arnold Palmer, Tom Watson, ” Blackett, Jason Cairnduff, David, Isabel Kelly, Andrew, John, Sweden’s Henrik Stenson, Phil Mickelson, ” Andrew Kelly, Organizations: CNN, Blackrock House, Royal Troon, , Troon, Associated Press Locations: Blackrock, Firth, Clyde, Isle, Arran, South Ayrshire, Scotland,
TROON, Scotland — Xander Schauffele was for so long the best golfer without a major. The ever-steady 30-year-old star never topped the Open leaderboard Thursday to Saturday, always quietly lurking in the top 10 before shooting a Sunday 65 to win the 152nd Open Championship for his second major title in three starts. For the first time since 1982, Americans — Schauffele (Open Championship, PGA Championship), Scottie Scheffler (Masters) and Bryson DeChambeau (U.S. Open) — have claimed all four major championships. Sunday began with Horschel, a 37-year-old seeking his first major championship, in the lead by one stroke, playing in the final group of a major’s final round for the first time. Now Schauffele enters the Olympics and the rest of the season no longer an admirable player who can’t win.
Persons: Xander Schauffele, Schauffele, Justin Rose, Billy Horschel, Schauffele’s, Thriston Lawrence bogeyed, — Schauffele, Scottie Scheffler, Bryson DeChambeau, , Arnold Palmer, Lawrence, Dan Brown, Rose, standouts, Sam Burns, Russell Henley, Scheffler, Horschel, Brown, Burns, Shane Lowry, birdies, Jon Rahm, Viktor Hovland, Rory McIlroy, Kevin C, Cox Organizations: 152nd, Royal Troon, May’s PGA, Valhalla, Pinehurst, Sunday, Horschel Locations: TROON, Scotland, Scottish
Now, negotiating better wages and working conditions for Carranza and thousands of other Disneyland employees has gotten messy, to the point where 9,500 of them will conclude a vote on Friday that will authorize a potential strike. But that does not mean a strike will necessarily happen, as was the case with Teamsters at UPS last year. A dream of affordabilityCarranza ‘s Disneyland wage is just over $20 per hour, after factoring in a differential for working the overnight shift. Escaping reality, not confronting itA strike would involve about 9,500 employees who work at Disneyland Park, currently under a contract that expired in June. But only the Disneyland Park employees will vote and participate in a strike for now.
Persons: CA CNN — Cyn Carranza, it’s, , Carranza, ” Carranza, , Coleen Palmer, Palmer, Coleen, ” Palmer, they’ve, Jenna Thompson, , Chris Isidore Organizations: CA CNN, Disney, Teamsters, UPS, Voters, Disneyland Resort, Park, Downtown Disney, Disneyland, ’ Equity Association, SEIU, USWW, UCFW, BCTGM, National Labor Relations Board, NLRB, CNN Locations: Anaheim, CA, Carranza, Orange County , CA, Southern California, Disney California
In a first, Anheuser-Bush InBev is the beer sponsor for the Olympic games with a non-alcoholic brew taking the torch. “If you think about the Olympics … it’s about travel, dining, culture, excitement, community.”All of those things meet every four years at the Olympics, which brings together millions of fans and thousands of athletes. Paris, a city known for its opulence, plays host this year to the first post-Covid games without any crowd restrictions for the first time in six years. (Both the summer games in Tokyo 2021 and 2022 winter games in Beijing either barred or limited spectators or visitors.) Even the most recent summer games, held in 2021 Tokyo and that barred spectators at the events, registered a 20% increase.
Persons: Chase, it’s, Sam Palmer, Chase Sapphire, Alexandre III, Olympia De Maismont, , Louis Vuitton, Yannick Allen, Taylor Swift, Vincent Koebel, ” Carolyn Addison, Maja Hitij, De Maismont, Paul Caine, ” Caine, “ It’s, Emmanuel Macron, Yoan, Roland Garros, Caine, there’s, , Corona, Kenzo Tribouillard, Cero, Marcel Marcondes, ” Chase’s Palmer Organizations: New, New York CNN, Sapphire Reserve, Omega, Anheuser, Bush InBev, Getty, Sapphire, CNN, Paris, Paris Olympic Games, Raffles, Southern Hemisphere, Delta Air Lines, Team USA, Air, Hotel de Ville, Eiffel, Michelin, luxe, International Olympic Committee, Busch InBev, Corona, ” Anheuser, Locations: New York, Paris, AFP, Tokyo, Beijing, France, Tuileries, Provence, Nice, Rio de Janeiro, Accor, Rio, Air France, Hotel de, Tahiti, French, United States
In July 2024, the property also doubled as the new "Bachelor" mansion. Jesse Palmer and Jenn Tran on "The Bachelorette." John Fleenor/Disney"The Bachelor" premiered in 2001. For the first couple of seasons, it filmed at a mansion in Malibu, but beginning in 2007, almost every season of the franchise (with a few exceptions) has kicked off at a mansion called Villa de la Vina in Agoura Hills. Those latter seasons were held at their respective locations due to restrictions during the COVID-19 pandemic.
Persons: Jesse Palmer, Jenn Tran, John Fleenor, Emily Maynard's, Clare Crawley's, Matt James, Katie Thurston's, Michelle Young's Organizations: la, Hyatt Locations: Malibu, Agoura Hills, North Carolina, California, Pennsylvania, New Mexico
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Online spending in the U.S. surged 11% year over year to $14.2 billion during Amazon 's 48-hour Prime Day event, topping estimates and setting a new record, according to Adobe Analytics. Amazon's Prime Day event, which ran Tuesday and Wednesday, has become a big revenue driver for other retailers, which often hold competing sales timed around Prime Day. Amazon said Thursday it also saw "record-breaking" Prime Day revenue, though it didn't disclose total sales from the event. WATCH: Prime Day is a big marketing event for Amazon
Persons: Amazon, Rufus, Amanda Schoenbauer Organizations: Amazon, Adobe Analytics, Adobe, Shoppers Locations: New York, U.S
An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City. Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a "major" cause of worker injuries, according to the preliminary results of a Senate probe. The Senate's Health, Education, Labor and Pensions (HELP) Committee on Tuesday released the interim results of a yearlong investigation into Amazon's warehouse working conditions just as the company holds its annual Prime Day deals event. The report cites an internal Amazon document, titled "2021 Prime Day Lessons Learned," which states Amazon "met only 71.2 percent of its hiring target," between May and June of 2021, ending the week of that year's Prime Day event. Amazon has faced scrutiny in recent years over its workplace injury record and its treatment of warehouse and delivery workers.
Persons: Sen, Bernie Sanders, Kelly Nantel, Nantel, It's, it's Organizations: Amazon, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, U.S, Attorney's, U.S . Department of Justice Locations: New York City, Vermont, U.S
"Stranger Things" season five will be the hit Netflix series' last. The Duffer brothers have teased information about the final season since season four was released in 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSince premiering in 2016, "Stranger Things" has gone on to become one of Netflix's most popular series of all time. The supernatural drama, set in the fictional town of Hawkins, Indiana, in the 1980s, is now headed into its fifth and final season.
Persons: , Millie Bobby Brown's, Enola Holmes Organizations: Netflix, Service, Business Locations: Hawkins , Indiana
Even though Fishman is the owner of the VitaCup brand, he said he lost the buy box to a reseller of his coffee products. That meant it was indexed by Amazon's pricing algorithms, Fishman said, causing him to lose the buy box. Angus Mordant | Bloomberg | Getty ImagesWinning the buy box is paramount to a seller's success on Amazon. Nearly 98% of sales made on Amazon go through the buy box button, the FTC alleged in its suit. "The only way to get back the Amazon buy box is to lower our price on Amazon," Arnold said.
Persons: Tom Williams, Brandon Fishman, Fishman, I've, David Zapolsky, Amazon's, Target, Angus Mordant, Mason Arnold's, Arnold, Sunwink, we're Organizations: Washington , D.C, Cq, Inc, Target, Amazon, Walmart, Federal Trade Commission, JPMorgan, Bloomberg, Getty, FTC Locations: Washington ,, Harriman , New York
Inflation eases more than expected
  + stars: | 2024-07-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation eases more than expectedCNBC's Rick Santelli and Group One Trading's Michael Palmer discuss the Fed's next move after cooler-than-expected CPI.
Persons: Rick Santelli, Michael Palmer
The Athletic profiles the finalists’ strengths and weaknesses, the key battles, and the many sub-plots in your definitive tactical guide to the Euro 2024 final. The dynamic duo are responsible for 46 per cent of Spain’s total attempted take-ons this tournament. What a talent 👏🇪🇸 pic.twitter.com/IRJignOqCA — UEFA U17 EURO (@UEFAUnder21) July 9, 2024Beyond his shooting, Yamal’s creative threat has stood out the most. This forced the Spain goalkeeper Unai Simon to frequently launch the ball long, often conceding possession in the process. Spain might be the standout favourites but England will arrive in Berlin as the more experienced nation in recent major tournaments.
Persons: Lamine Yamal, Nico Williams, Luis de la, Williams, Arjen Robben, ged, Fabia, ong, anne, e, d the pl, ure, anne l, Walker, ince, heth, rove, abbe, the he, inger, mani, ted Saka,, oden, atkin, In th, below, Kane, hite, nin, Kane, Ivan T o, riva, Gareth Southg, ross, ove, e to, Getty, Eamon n Dalton Organizations: European, Germany, France, UEFA Locations: Spain, England, Berlin, France, goa, nis, beh, lida
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