Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple's second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple's earnings report on Thursday, the company said
Amazon CEO, Andy Jassy speaking with CNBC's Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company's massive investments in generative artificial intelligence. On a conference call with analysts following the company's
Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal's Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled
Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates. Here's how the
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple's fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the third quarter, driven by growth in cloud computing and advertising. The stock ticked higher in extended trading. Here are the results. Earnings:
Dominika Zarzycka | Nurphoto | Getty Images Amazon's online advertising business brought in $14.3 billion in the third quarter, up 19% year over year, in line with analysts' estimates of $14.3 billion. The Seattle tech giant revealed the financial results of its growing advertising unit as part of its latest earnings report on Thursday. Amazon's
Dominika Zarzycka | Nurphoto | Getty Images Amazon's online advertising business brought in $14.3 billion in the third quarter, up 19% year over year, in line with analysts' estimates of $14.3 billion. The Seattle tech giant revealed the financial results of its growing advertising unit as part of its latest earnings report Thursday. Amazon's overall
Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Intel shares rose 9% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates. Here's how the
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft 's better-than-expected earnings report wasn't enough to prevent the stock's steepest sell-off in two years, as investors instead focused on the company's forecast for the current period.