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Amazon shares jumped 7% on Friday and neared an all-time high after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. Revenue increased 11% in the quarter to $158.9 billion, topping the $157.2 billion estimate of analysts surveyed by LSEG. Sales in the Amazon Web Services cloud business increased 19% to $27.4 billion, coming in just shy of analysts' estimates, according to StreetAccount. That was an acceleration from 12% a year ago, but trailed growth at rivals Microsoft and Google , where cloud revenue increased 33% and 35%, respectively. The midpoint of that range, $185 billion, fell short of the average analyst estimate of $186.2 billion, according to LSEG.
Persons: Roth MKM, Brian Olsavsky, Andy Jassy, Jassy, we're, — CNBC's Ari Levy Organizations: Amazon, Revenue, LSEG, Services, Microsoft, Google, Nvidia, Meta
Gold ticks higher as safe-haven bids offset firm dollar
  + stars: | 2024-10-24 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars seen at Gold Investments bullion dealers in London, U.K., on January 15, 2014. Gold prices drifted higher on Thursday, as safe-haven demand countered a firmer dollar, while palladium hit a more than one-month peak. Spot gold rose 0.3% to $2,725.51 per ounce by 0143 GMT. A stronger dollar makes gold more expensive for other currency holders. "The Fed's monetary easing cycle, stimulus measures in China, and supply constraints will continue to drive silver prices higher into 2025 where it could potentially scale higher levels of around $45," Sachdeva said.
Persons: Kamala Harris, Republican Donald Trump, Sugandha Sachdeva, Sachdeva, Nornickel Organizations: Gold Investments, U.S, Republican, New, SS, Bloomberg News Locations: London, New Delhi, ., China, U.S
CNN —New Zealand Prime Minister Christopher Luxon expressed regret on Wednesday after a public enquiry found some 200,000 children, young people and vulnerable adults were abused in state and religious care over the last 70 years. Prime Minister Christopher Luxon speaks during the release of The Royal Commission of Inquiry into Abuse in Care report on July 24, 2024 in Wellington, New Zealand. Hagen Hopkins/Getty ImagesThe report by Royal Commission of Inquiry spoke to over 2,300 survivors of abuse in New Zealand, which has a population of 5.3 million. The inquiry detailed a litany of abuses in state and faith-based care, including rape, sterilisation and electric shocks, which peaked in the 1970s. Those from the Indigenous Maori community were especially vulnerable to abuse, the report found, as well as those with mental or physical disabilities.
Persons: Christopher Luxon, ” Luxon, Hagen Hopkins, Pope, of, Charlotte Graham, Luxon, , Tracey McIntosh Organizations: CNN, Zealand, Royal Commission of, Royal Commission, Safe Agency, University of Auckland Locations: New, Wellington , New Zealand, New Zealand, of Canterbury
It's also for that reason that the best savings account bonuses are typically smaller than checking account offerings. How bank account bonuses workEarning a bank account bonus is typically a straightforward process. Benefits of bank account bonusesYou can earn a cash bonus when you open a bank account just by completing the bank's promotional requirements. How to maximize the value of bank account bonusesYour greatest risk of not earning a bank bonus is misunderstanding the conditions set by the bank. Common Bank Account Bonus FAQsWhat should I look for in a bank account bonus offer?
Persons: Banks, You've, Jay Zigmont, It's, it's, doesn't, Zigmont, you've Organizations: Childfree, Chevron
CNN —American teenager Ava Marie Ziegler won her first ISU Grand Prix Figure Skating title, as she sealed victory at the NHK Trophy in Osaka, Japan following a sparkling routine in the free skate. “I really used my fifth-place result yesterday to motivate me because I know that I could do better and I really used it to push me to be the best that I could be,” Ziegler said, according to the International Skating Union. It (this result) definitely helped with my confidence.”Ava Marie Ziegler of the United States reacts to her score. Toru Hanai/International Skating Union/Getty ImagesHer free skate routine yielded a personal best of 138.46 points, and she scored 200.50 points overall, breaking the 200-point mark for the first time in her career. While Ziegler and Thorngren have not qualified for the final, their compatriots Isabeau Levito and Ilia Malinin will represent the USA in the women’s and men’s singles, respectively.
Persons: Ava Marie Ziegler, Lindsay Thorngren, Belgium’s Nina Pinzarrone, Thorngren, axel, , ” Ziegler, ” Ava Marie Ziegler, Toru Hanai, Ziegler, Isabeau Levito, Ilia Malinin Organizations: CNN, ISU, NHK, International Skating Union, Skating Union, Getty Locations: Osaka, Japan, United States, Beijing, China, USA
OSAKA, Japan (AP) — Ava Marie Ziegler performed a near-flawless free skate Saturday to win the NHK Trophy and lead a U.S. 1-2 finish on the podium. Nina Pinzarrone of Belgium was third with 194.66, a result that allowed her to secure a place in the Dec. 7-10 Grand Prix Final at Beijing. The NHK Trophy is the sixth and last event of the International Skating Union’s Grand Prix series, which leads in the Grand Prix Final. The competition concludes later Saturday with the free skate in both men’s and pairs. Japan's Yuma Kagiyama upstaged two-time world champion and compatriot Shoma Uno on Friday to finish first in the men’s short program.
Persons: — Ava Marie Ziegler, Ziegler, Lindsay Thorngren, Nina Pinzarrone, South Korea's Lee Hae, Christina Aguilera, axel, lutz, , I’m, I’ve, , Thorngren, Kaori Sakamoto, Isabeau, Loena, Hana Yoshida, Rion Sumiyoshi, Lewis Gibson, Charlene Guignard, Marco Fabbri, Allison Reed, Saulius, Gibson, Guignard, Fabbri, Shoma Uno, ___ Organizations: NHK, Liberation, Britain, Yuma Locations: OSAKA, Japan, U.S, Belgium, Beijing, South, New Jersey, United States, Italy, Lithuania
Why Cramer thinks owning Apple is 'not about quarters'
  + stars: | 2023-11-02 | by ( Jeff Marks | ) www.cnbc.com   time to read: +3 min
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. "I say own it, don't trade it," Jim Cramer reiterated Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Eli Lilly, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Federal Reserve, Treasury, West Texas, Apple
REUTERS/Ilya Naymushin - S1AETWEXAZAA Acquire Licensing RightsLONDON, Oct 27 (Reuters) - China's exports of refined lead hit a 15-month high in September with year-to-date shipments already exceeding last year's total. China's net trade in refined leadEXPORTS ACCELERATEChina exported 35,400 metric tons of refined lead in September, which was the highest monthly tally since June of last year. LME lead three-month price, cash-3s spread and stocksLME STOCKS REBUILDThe relocation of stocks from China to the West has seen LME stocks rebuild from their depleted year-start levels. Headline stocks of 125,225 metric tons are up by 100,075 metric tons on January and are the highest they've been in almost three years. The LME stocks rebuild has been driven by repeated bouts of tightness across the front part of the forward curve in recent months.
Persons: Ilya Naymushin, Sharon Singleton Organizations: REUTERS, London Metal Exchange, Shanghai Futures Exchange, Shanghai, Reuters, Thomson Locations: Novoangarsk, Russia, China, Shanghai, Europe, Stolberg, Germany, Taiwan, South Korea, Thursday's, London
Lead market dynamics are currently tepid at best due to weakness in the automotive sector, which accounts for around 70% of total demand in the form of lead-acid batteries. But some of that surplus would be very welcome right now in Shanghai, since the local market is in the grips of a vicious short squeeze. ShFE price, stocks and market open interestBIG SHORTThis Shanghai lead squeeze has been building for a couple of months. ShFE time-spreads were already tightening up in July against a backdrop of low exchange stocks and rising open interest. After exporting surplus metal for two years, the Chinese market seems to be struggling to find enough to deliver into the Shanghai squeeze.
Persons: Darren Whiteside, that's, Emelia Sithole Organizations: REUTERS, Shanghai Futures Exchange, London Metal Exchange, Reuters, Thomson Locations: Bogor, Jakarta, Indonesia, Shanghai, China, Taiwan, Vietnam, Bangladesh, London
MUMBAI, July 13 (Reuters) - The Indian rupee is poised to rise on Thursday on expectations that cooling inflation in the United States will allow the Federal Reserve to pause interest rate hikes soon. Non-deliverable forwards indicate the rupee will open at around 82-82.05 to the U.S. dollar compared with 82.2475 in the previous session. "Having talked of an upside breakout (for USD/INR) last week, this has been quite a turnaround," a fx trader said. The larger-than-expected slowdown in the U.S. inflation fuelled expectations that the U.S. Federal Reserve is close to halting rate hikes. "The Federal Reserve seems intent on pushing ahead with a July rate hike, but the need for additional tightening thereafter is questionable," ING Bank said in a note.
Persons: interbank, Nimesh Vora, Nivedita Organizations: Federal Reserve, U.S, Reserve Bank of, U.S . Federal, ING Bank, Korean, Brent, Thomson Locations: MUMBAI, United States, Reserve Bank of India, U.S, Malaysian
REUTERS/Brendan McDermidCompanies Nike Inc FollowNEW YORK, Sept 23 (Reuters) - Michael Avenatti, the brash celebrity lawyer who rose to fame taking on Donald Trump before a slew of criminal charges destroyed his legal career, was ordered on Friday to pay $148,750 in restitution to his best-known client, porn actress Stormy Daniels. U.S. District Judge Jesse Furman in June sentenced Avenatti to four years in prison, calling his conduct "brazen and egregious." Avenatti successfully freed Daniels from a non-disclosure agreement with Trump, paving the way for her 2018 memoir "Full Disclosure," where she described the alleged liaison. Lawyers for Avenatti and Daniels did not immediately respond to requests for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Luc Cohen in New York; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
Sursa foto: captură videoMomentul în care membrii Partidului „PACE” îl stropesc cu verde de briliant pe vicepreședintele raionului SângereiMembri ai Partidului „PACE” l-au stropit cu o verde de briliant pe Tudor Tutunaru, vicepreședinte al raionului Sângerei, membru al Platformei Demnitate și Adevăr, care s-ar fi vaccinat cu Pfizer, vaccin care era destinat în mod prioritar medicilor care luptă în prima linie. Acțiunea celor de la Partidul „PACE” a fost făcută în semn de protest. La fața locului a fost solicitată și poliția pentru a documenta acest caz. „La moment Tudor este în spital și riscă să-și piardă vederea, pentru că soluția verde de briliant a fost vărsată în fața, pe cap și în ochi”. Precizăm că Tudor Tutunaru este și președintele Comisiei Excepționale în Sănătate Publică din raionul Sângerei, responsabil pe domeniul sănătate și asistență socială.
Persons: Tudor, 00.50, Spătaru, Facebook, Tudor Tutunaru Organizations: Partidului Locations: Sângerei
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