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Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Commentary Cloud unit Amazon Web Services (AWS) revenue in the third quarter was essentially in line with the consensus forecast. Growth on a constant currency basis held steady from the second quarter at 19%, breaking a three-quarter streak of accelerating revenue growth. Quarterly results As for the rest of the company, Amazon delivered revenue beats across Online Stores (7% revenue growth), Subscription Services (11% revenue growth), and Advertising Services (19% revenue growth). Smaller businesses like Physical Stores (5% revenue growth) and Other (7% revenue growth) were better than expected too.
Persons: Andy Jassy, Jassy, it's, Kuiper, That's, Jim Cramer's, Jim Cramer, Jim, Nathan Stirk Organizations: Amazon, LSEG, Management, Walmart, Target, Microsoft, North America, International, Web Services, AWS, Subscription Services, Advertising Services, Seller Services, CNBC, Getty Locations: North, North America, United Kingdom, Germany, Sutton Coldfield, England
Amazon's AI services are rapidly growing, with significant demand for AWS's AI chips. AdvertisementJust when you thought Big Tech executives couldn't get more bullish on AI, Amazon CEO Andy Jassy upped the ante on Thursday. Amazon has launched a number of new AI services in recent years, including Bedrock, an AI development tool, the Rufus shopping agent, and homegrown AI chips called Inferentia and Trainium. Amazon's AI business is "growing three times faster at its stage of evolution than AWS did itself," he added. AdvertisementCustomers are realizing that AI model training and inference "could get costly" and AWS's AI chips can be "very compelling" in terms of its price, the CEO explained.
Persons: Jassy, , couldn't, Andy Jassy, We've, unravels ChatGPT, Rufus Organizations: Service, Big Tech, Amazon, Services Locations: capex
10 of the most haunted restaurants in the US
  + stars: | 2024-10-31 | by ( Priyanka Rajput | ) www.businessinsider.com   time to read: +2 min
Haunted restaurants offer a unique dining experience. Yelp identified some of the most haunted restaurants in the US based on customer reviews. AdvertisementIf you're looking for a distinct dining experience this Halloween, these haunted restaurants, with their spooky histories, serve some delectable dishes with a side of terror. To help diners find the most haunted restaurants in the US, Yelp identified businesses with high ratings and comments featuring ghost sightings. Related Video How America's largest buffet survived the death of all-you-can-eatsHere are 10 of the most haunted restaurants in the US, according to Yelp.
Persons: Yelp, Organizations: Service
Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. The company's revenue rose 6.5% to $32.07 billion compared to the same period last year. Overall revenue was boosted by the Summer Olympics in Paris, which NBCUniversal exclusively broadcast in the U.S., and domestic broadband revenue — despite continued slowing customer growth. Revenue for the media segment – mainly comprised of NBCUniversal – was up nearly 37% to $8.23 billion, largely due to the Olympics. The company's film studios, also part of the content and experiences segment, saw revenue increase 12.3% to $2.83 billion compared to the prior year.
Persons: , Peacock, lockdowns, NBCUniversal Organizations: Comcast, LSEG, Summer, Revenue, CNBC, Paris, Olympics, Cable, Verizon, Program, ACP, Domestic, NBC Sports, NBC Olympics, NBC, Games Locations: Paris, U.S, Peacock
While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.
Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City
Niccol wants to change that. Cutting back an 'overly complex' menuSpain, Barcelona, Plaza de Francesc Macia, Starbucks, coffee shop customer ordering. While the changes may disappoint some customers, Niccol said he thinks that they'll appreciate faster, more consistent service in the long run. Bringing back the condiment barsStarbucks brown sugar sachets are seen in Starbucks Coffee in Krakow, Poland on November 4, 2022. Better staffing in cafesMerida, Mexico, Zona Paseo Montejo Centro, Starbucks Coffee shop, baristas and cashier at work smiling.
Persons: Brian Niccols, Brian Niccol, Rachel Ruggeri, Niccol, Lindsey Nicholson, Macia, Jeff Greenberg, Etienne Laurent, we've, Beata Zawrzel, baristas, Taco Bell, Chipotle, Tressie Lieberman, Almond Organizations: Starbucks, CNBC, Mobile, UCG, Getty, Plaza, Universal, AFP, Nurphoto, Zona Paseo, Centro, Starbucks Rewards, Procter & Gamble, Yum Brands Locations: U.S, Queens , New York, Spain, Barcelona, Manhattan Beach , California, Starbucks Coffee, Krakow, Poland, Merida, Mexico
Still, one of the final (and most popular) of her upcoming performances is in Los Angeles at the Crypto.com Arena. The show is sold out, and only resale tickets are available for hopeful attendees, so we've rounded up all the ways to buy Sabrina Carpenter Los Angeles show tickets below. I've also added her Inglewood shows to the list since it's just a 30-minute drive away. If you're hoping to catch her before her tour leaves the US, I've covered the details for how to buy Sabrina Carpenter Los Angeles tickets below. Sabrina Carpenter's Los Angeles tour scheduleSabrina Carpenter will perform in Los Angeles and Inglewood on November 15, 17, and 18.
Persons: Carpenter's, it's, Sabrina, Sabrina Carpenter, I've, Sabrina Carpenter's, she's, Sabrina Carpetnter Organizations: Business Locations: Europe, Los Angeles, Angeles, Inglewood, Sabrina Carpenter's Los Angeles, Dublin, Southern California, CA, California
Nextracker lost around 32% of its value in between its August earnings report and Wednesday's close — a frustrating decline. It's too early to act, given the results of next week's contests could move shares of Nextracker and its peers considerably. "We were pleasantly surprised and gratified that this was the best solar earnings we've seen this quarter," Jim Cramer said Thursday. Nextracker Why we own it: Nextracker makes industry-leading tracking technology, which enables large-scale solar panel installations to follow the sun's movement and increase their power generation. Guidance Nextracker reaffirmed its fiscal 2025 guidance for revenue while upping its outlook for a pair of profitability metrics.
Persons: Nextracker, Jim Cramer, We're, Howard Wenger, Chuck Boynton, Jim Cramer's, Jim, Peter Cade Organizations: NXT, Club, Mizuho Securities, CNBC, Stone Locations: Nextracker
Some customers think the coffee chain has drifted too far from its core, according to Niccol. He's betting that more personal touches — including bringing back Sharpies to write customer names or messages on cups — will bring customers back to cafes. Starbucks CEO Brian Niccol said the coffee chain plans to buy roughly 200,000 Sharpie markers as part of his plan to take the coffee chain back to its roots. For decades, Starbucks positioned itself as a place to linger, but the company has lost that sheen over the years. Shares of Starbucks have risen roughly 1% this year, trailing the S&P 500's gains of 22%.
Persons: Sharpies, Brian Niccol, Niccol, we've, CNBC's, it's, — CNBC's Jacqueline Corba Organizations: Starbucks, Staples Locations: Manhattan , New York, U.S
ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.
Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, , He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida
Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished. Just before the hearing began, Singh was alone, pacing the elevator bank, as he rehearsed his statement from a single printed page. In March, Bankman-Fried was sentenced to 25 years in prison and ordered to pay $11 billion. Ray said Singh made substantial productions of documents, and he voluntarily returned Bahamian real estate purchased with FTX funds. Ryan Salame, another former top lieutenant of Bankman-Fried, was sentenced to seven and a half years in prison in May.
Persons: Nishad Singh, Singh, Judge Lewis Kaplan, FTX, Sam Bankman, Caroline Ellison, Ellison, spiraled, Fried, Andrew Goldstein, ” Nicolas Roos, Singh “, Roos, Judge Kaplan, , Gabe, , ” John Ray, Ray, Ryan Salame, Gary Wang Organizations: New, Alameda Research, Southern, of, Prosecutors Locations: Alameda, Bankman, of New York, Manhattan, Bahamian
Starting next week, Starbucks customers will no longer pay more for adding non-dairy milk to their orders. The company said the removal of the non-dairy milk surcharge means customers who request it will pay around 10% less than they did previously. Orders with milk substitutions have proliferated at Starbucks in recent years, alongside non-dairy alternatives in grocery stores. Non-dairy milk has become the second most common order modification at Starbucks, behind adding a shot of espresso. Starbucks is scaling back promotional offers through its mobile app to get customers to pay full price for its coffees and teas.
Persons: Brian Niccol, ” Niccol, it’s, Niccol Organizations: New, New York CNN, Starbucks, Locations: New York, Canada
Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished. He asked Judge Kaplan to show Singh "the same compassion he has shown others his entire life." Ray said Singh made substantial productions of documents, and he voluntarily returned Bahamian real estate purchased with FTX funds. Ryan Salame, another former top lieutenant of Bankman-Fried, was sentenced to seven and a half years in prison in May. WATCH: Caroline Ellison sentenced to two years in prison for role in FTX collapse
Persons: Nishad Singh, Claire Watanabe, Singh, Judge Lewis Kaplan, Sam Bankman, Caroline Ellison, Ellison, spiraled, Fried, Andrew Goldstein, Nicolas Roos, Roos, Judge Kaplan, Gabe, John Ray, Ray, Ryan Salame, Gary Wang, FTX, — CNBC's Dan Mangan Organizations: Engineering, Exchange, New, Alameda Research, Southern, of, Prosecutors Locations: New York, Alameda, Bankman, of New York, Manhattan, Bahamian
When I learned how to really cook, Trader Joe's frozen meals became less useful. I made frequent trips as a college student and after I graduated, but eventually, shopping at Trader Joe's became impractical for me. As someone with ADHD, I'll also admit there were plenty of times I forgot about Trader Joe's frozen meals until they were freezer-burned anyway. The crowding at Trader Joe's is oftentimes too much for meI've shopped at Trader Joe's in many larger cities, including Atlanta and Birmingham, Alabama, and found a similar experience in each — crowded aisles and long lines. Trader Joe's doesn't have sales, and there are no rewards programsLoyalists shop at Trader Joe's because they love the store's products, and I get that.
Persons: Joe's, , Burger King, I've, It's, Sedghi, isn't Organizations: Service, Aldi, Kroger, Publix Locations: Athens , Georgia, Atlanta, Birmingham , Alabama
Chipotle says it's tried to ensure "consistent and generous portions" after customer complaints. The move and unusual price fluctuations for avocados have hit the chain's profitability. Profit margins for the chain suffered last quarter due to a concerted effort to provide "consistent and generous portions" in every order, the company said Tuesday. "We are committed to ensuring that we give the right portion to every guest that walks into the building." Related storiesWhile that's good news for Chipotle diners, the chain said it was partly the reason for a hit to profitability in the last fiscal quarter.
Persons: Chipotle, it's, , Scott Boatwright, Adam Rymer Organizations: Service, New York Locations: Chipotle, New York City
AMD's GPU sales are nearing CPU sales, driven by AI data center demand. AMD raised its 2024 GPU sales forecast to over $5 billion, up from $4.5 billion. AdvertisementWhat could also keep this dynamic from becoming permanent is the immaturity of the ecosystem around AMD GPUs. UBS analysts warned that 2025 may be yet another transition year in which AI data centers and GPU sales don't reach maturity — predicting higher GPU sales in 2026 than in 2025. The analysts expect $5 billion in GPU sales this year to reach around $8 billion next year.
Persons: , Lisa Su, Su, Morgan Stanley Organizations: AMD, Service, Bank of America, Nvidia, UBS
I found what I was looking for in the Coway Airmega AP-1512HH Mighty, an air purifier designed for medium-to-large rooms. Coway Airmega AP-1512HH Mighty Air Purifier If you need a powerful, energy-efficient air purifier for medium to large rooms, the Airmega AP-1521HH Mighty is your best option. AdvertisementOur review of the Coway Airmega AP-1521HH MightyThe Coway Airmega AP-1512HH Mighty prefilter captures large particles like pet fur. Air quality sensor: Open the air quality sensor cover every two months (or sooner in dusty environments) and clean it with a soft brush or vacuum cleaner. Heidi Borst/Business InsiderConsider the Coway Airmega AP-1512HH Mighty if you're seeking an effective and user-friendly air purifier for a medium-to-large environment.
Persons: unpackaging, Heidi Borst, it's, Max Organizations: Business, Amazon, Walmart, Energy, Environmental Protection Agency, PM, Honeywell Locations: Eco
Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.
Persons: Nvidia's Blackwell, That's, , Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand
AMD still has a gap to close with Nvidia's AI chips
  + stars: | 2024-10-30 | by ( Helen Li | ) www.businessinsider.com   time to read: +4 min
AMD aims to close the gap with Nvidia, which holds 80% of the GPU market. AMD still has a large gap with Nvidia, as it lags behind in GPUs or graphics processing units. Su responded that AMD's road map "actually closed a good part of that gap" with Nvidia's products and that AMD holds an advantage in data center retrofitting. Advertisement"As much as we still believe NVDA will be hard to shake from its 80-85% AI share, AMD still has done an enviable job from virtually zero to ~5% market share," Arya wrote in a note released on Wednesday. Even if this share remains unchanged, the underlying AI growth will still provide AMD "the chance to participate," he added.
Persons: , Lisa Su, MI350, Blackwell, Vivek Arya, Su, Piper Sandler, Harsh Kumar, We've, Arya, Morgan Stanley Organizations: AMD, Nvidia, Service, Devices, Wall Street, Bank of America Securities, Analysts, Microsoft, Meta, Google
With their upcoming concert dates having already gone on sale, there are a few ways to buy Aespa tickets for their 2025 tour. We’ve got you covered if you’re looking for how to get tickets to Aespa’s 2025 concert tour. Aespa 2025 tour scheduleSo far, Aespa has 14 gigs booked in North America and Europe throughout 2025. How to buy tickets for Aespa’s 2025 concert tourYou can buy standard original tickets to most dates on Aespa’s 2025 tour on Ticketmaster. Ticket prices to see Aespa on their 2025 concert tour vary depending on the date, location, and demand for each show.
Persons: Karina, Giselle, Winter, Ningning, We’ve, Aespa, It’s Organizations: Business, North, FL, IL, Ticketmaster, Vivid, Chicago Locations: North America, Europe, United States, Mexico, Canada, England, France, Netherlands, Germany, Spain, Seattle, Madrid, Chicago, London, WA, Oakland, Los Angeles, CA, Mexico City, Orlando, Charlotte, NC, Newark, NJ, Toronto, ON, Paris, Amsterdam, Frankfurt, IL, Asia, Oceania
Thousands of Oasis tickets on the secondary market will reportedly be relisted on Ticketmaster at face value, according to the BBC. Oasis, Ticketmaster and SJM Concerts did not immediately respond to requests for comment. Oasis had announced that tickets for the Oasis '25 Live tour could only be resold at face value using Ticketmaster or the ticket resale marketplace Twickets. The demand for Oasis tickets has been high since the band, which features brothers Noel and Liam Gallagher, has not performed together in 15 years following a lengthy feud between the Gallaghers. Since then, Oasis has been taking steps to get tickets in the hands of loyal fans and away from scalpers.
Persons: Oasis, Noel, Liam Gallagher Organizations: Ticketmaster, BBC, Oasis, U.S Locations: scalpers, Melbourne, Ireland, North America, Toronto, Chicago, Los Angeles, Mexico City, East Rutherford , New Jersey
Despite a difficult quarter, McDonald’s looks resilient in the face of various pressures, analysts say — something the company shares with U.S. consumers overall. “The spotlight is always on McDonald’s because it’s so big” and something of a “bellwether,” she said. That spurred former President Donald Trump to sling fries this month at a Philadelphia-area McDonald’s in a photo op. Like many major brands, McDonald’s raked in big profits as the economy reopened from the pandemic. “The thing that McDonald’s had struggled with, and why I think we’re seeing kind of an inflection point, is a value proposition,” Senatore said.
Persons: McDonald’s, Mickey D’s, Chris Kempczinski, Kempczinski, Gordon Haskett, ” Kempczinski, Ravi Dhar, , Sara Senatore, Kamala Harris, Donald Trump, Mickey D’s ’, Senatore, they’d, , Eric Thayer, ” Senatore, Sam Oches, Oches, , , Jim Salera, Stephens, Jack Kleinhenz, hasn’t, “ They’re, ” Oches Organizations: U.S, Yale University’s Center, Bank of America, Bloomberg, Getty, Coca, Walmart, Target, Walgreens, JetBlue, Democratic, National Retail, JPMorgan Locations: U.S, Philadelphia, Connecticut, Amazon
New York CNN —Americans around the country avoided McDonald’s last week after an E. coli outbreak left dozens of people sick. On Wednesday, the day after the E. coli outbreak was announced, customer visits to McDonald’s dropped 6.4% across the country and 24% in Colorado, where the outbreak was most prevalent, according to Placer.ai, which tracks foot traffic to restaurants and retailers. “The issue appears to be contained to a particular ingredient and geography, and we remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald’s restaurants,” McDonald’s said Sunday. The E. coli outbreak has overshadowed McDonald’s business and came as the chain was struggling to win back customers put off by higher prices. The quarter ended on September 30 and did not include sales following the announcement of the E. coli outbreak.
Persons: McDonald’s, ” McDonald’s, RJ Hottovy Organizations: New, New York CNN, Colorado Department of Agriculture, McDonald’s Locations: New York, Colorado, McDonald’s, United States
We're got you covered if you're looking for how to get Garth Brooks tickets for his 2024 and 2025 Las Vegas residency extension. Date City StubHub prices Vivid Seats prices Time December 5, 2024 Las Vegas, Nevada $168 $168 8 p.m. December 7, 2024 Las Vegas, Nevada $132 $133 8 p.m. December 8, 2024 Las Vegas, Nevada $168 $174 8 p.m. December 12, 2024 Las Vegas, Nevada $152 $151 8 p.m. December 14, 2024 Las Vegas, Nevada $139 $139 8 p.m. December 15, 2024 Las Vegas, Nevada $136 $136 8 p.m. December 19, 2024 Las Vegas, Nevada $110 $129 8 p.m. December 21, 2024 Las Vegas, Nevada $137 $131 8 p.m. December 22, 2024 Las Vegas, Nevada $168 $157 8 p.m. February 21, 2025 Las Vegas, Nevada $172 $175 8 p.m. February 22, 2025 Las Vegas, Nevada $186 $176 8 p.m. February 23, 2025 Las Vegas, Nevada $150 $129 8 p.m. February 28, 2025 Las Vegas, Nevada $176 $185 8 p.m. March 1, 2025 Las Vegas, Nevada $171 $182 8 p.m. March 2, 2025 Las Vegas, Nevada $161 $170 8 p.m. March 7, 2025 Las Vegas, Nevada $171 $167 8 p.m. March 8. 2025 Las Vegas, Nevada $153 $148 8 p.m. March 9, 2025 Las Vegas, Nevada $159 $154 8 p.m. How to buy tickets for Garth Brooks 2024 concert tourYou can buy standard original tickets for Garth Brooks' 2024 concert tour through Ticketmaster. Tickets to see Garth Brooks' 2024 and 2025 concert tours vary depending on the date and demand for each show.
Persons: Garth Brooks, Brooks, We're, He'll Organizations: Business, Las, Las Vegas, Ticketmaster Locations: Las Vegas, Vegas, Vegas , Nevada, Austin
Wall Street is in the thick of earnings season, and some companies that have already reported could outperform going forward, Wolfe Research found. Following the bank's latest earnings report on Oct. 15, Wells Fargo reiterated its overweight rating on shares of Goldman Sachs. Shares rallied nearly 18% on Thursday after the health-care company posted earnings and revenue beats. Molina Healthcare earned an adjusted $6.01 per share, while the LSEG consensus estimate called for $5.81 in earnings per share. ServiceNow shares are up more than 35% year to date.
Persons: Wolfe, we're, Goldman Sachs, Wells, Mike Mayo, Molina, ServiceNow, Brad Sills Organizations: Wolfe Research, U.S, Molina Healthcare, . Software, Bank of America
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