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BusinessOct 29Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by…Japan Today
BusinessOct 29Federal Reserve holds interest rates steady despite inflationThe Federal Reserve has decided to hold interest rates steady despite high inflation. CBS News' Kelly O'Grady has more.CBS News
BusinessOct 29Ampol (ASX:ALD) Slides: Is Sticky Inflation Hitting Energy? - Kalkine MediaAmpol (ASX:ALD) Slides: Is Sticky Inflation Hitting Energy?kalkinemedia · australia
BusinessOct 29Ernie Johnson to retire from ‘Inside the NBA’ in June after a 37-year run as hostErnie Johnson will retire as host of “Inside the NBA” in June, capping a 37-year run with the popular studio show. Johnson announced his decision on Wednesday, saying, “It’s just time,” and that the decision was his alone. “As the years have gone by and I turned 70 this past summer, folks have asked me,...mymotherlode · united states of america
BusinessOct 29Seven Hills projects $0.25-$0.27 Q4 distributable earnings per share while targeting sustainable dividend coverage in H1 2027Seven Hills projects specific Q4 distributable earnings per share and aims for sustainable dividend coverage in the first half of 2027. This provides insight into the company's financial outlook and shareholder return strategy.Seeking Alpha Tech
BusinessOct 29Benchmark expects 2026 revenue to exceed $3b as it raises Q4 EPS outlook to $0.85-$0.91Benchmark expects its 2026 revenue to exceed $3 billion and has raised its Q4 EPS outlook to $0.85-$0.91. This indicates a positive financial forecast for the company.Seeking Alpha Tech
BusinessOct 29MiMedx outlines $250M-$260M 2026 net sales as it targets >20% adjusted EBITDA margin with SanaraMiMedx has outlined projected net sales for 2026 between $250 million and $260 million, while targeting an adjusted EBITDA margin exceeding 20% in collaboration with Sanara. This provides insight into the company's financial goals and strategic partnership.Seeking Alpha Tech
BusinessOct 28As Waymo expands overseas, it remains a niche cash-burning businessAlphabet's Other Bets segment, which includes Waymo, accounted for 0.3% of total revenue in the quarter.CNBC
BusinessOct 28U.S. crude climbs 3% on fears of war escalation; oil stockpiles drop for fourth straight weekU.S. crude oil prices rose by 3% due to fears of war escalation, while oil stockpiles decreased for the fourth consecutive week. This reflects the impact of geopolitical events on global energy markets.Seeking Alpha Tech
BusinessOct 28US holds interest rates - ahead of possible Bank of England hikeThe Federal Reserve has left interest rates unchanged - despite persistently high inflation and repeated calls from Donald Trump to lower borrowing costs.Sky News World
BusinessOct 28Fortive signals full-year 2026 adjusted EPS of $3.10-$3.14 while expecting reported revenue just north of $4.4BFortive has provided its full-year 2026 adjusted earnings per share outlook, along with revenue expectations. This offers insight into the company's future financial performance.Seeking Alpha Tech
BusinessOct 28Cruise ship passengers stranded after operator says it ran out of money due to fuel costsMore than 200 passengers, mostly Americans, are stranded in Cambodia after the operator of a luxury cruise ship ran out of money due to skyrocketing fuel costs. Cristian Benavides reports on the details.CBS News
BusinessOct 28Servicenow targets $1.7B+ AI ACV by year-end while raising 2026 free cash flow margin goal to 36%Servicenow has set a target for AI annual contract value by year-end and increased its free cash flow margin goal for 2026. This reports on the company's financial and strategic outlook.Seeking Alpha Tech
BusinessOct 28Telecommunications: the importance of scale to face investmentsVivek Badrinath, director general de GSMA, la entidad que reúne a los operadores móviles, sostiene que una mayor escala permite afrontar las inversiones que requieren las redes y los nuevos servicios.Advierte sobre el costo del espectro, pide reducir impuestos a los celulares y plantea que las grandes plataformas tienen que responsabilizarse por el uso intensivo de las redes.Clarín
BusinessOct 28Apple unveils its first touchscreen MacBookLos Angeles: Apple CEO John Ternus unveiled the company's first touchscreen MacBooks on Wednesday, abandoning a long-held aversion to the technology as it caps a burst of product launches ahead of the holiday shopping season. On stage at an Apple event in Los Angeles, Ternus showed a MacBook Pro model with an organic light-emitting diode (OLED) display, playing up the display's contrast, sharpness and brightness in front of an audience of content creators and creative professionals. He also said the company would return to a glowing logo on the back of the laptops. "Look, we love the Mac, and it's the reason why so many of us found our way to Apple in the first place. And the Mac has never been better, and it's never been stronger," Ternus said on Wednesday. The event is part of a media blitz filled with new product launches since Ternus - a longtime Apple hardware executive - took over as CEO at the start of last month. He launched a folding iPhone, Duo, at Apple's Silicon Valley headquarters in September and a smart home hub in New York earlier this month. While those products will test new markets for Apple, the Los Angeles event could rekindle an old question: should Apple put the touchscreens that it made mainstream in iPhones and iPads in its oldest product line? Apple executives long resisted the idea, with Steve Jobs saying in 2010 that touchscreens on laptops were "ergonomically terrible" and then-CEO Tim Cook saying in 2012 that such devices would be as pleasing to users as converging a toaster and a refrigerator. Before becoming Apple's CEO, Ternus argued that Apple already made a touchscreen computer with its iPad lineup. But touchscreens have been widely available for more than a decade on Windows devices, and with the iPhone nearing its two-decade anniversary, a new generation of buyers expects screens to respond to touch. "I believe they were always wrong on pushing back on touch, and this is the long arm of reality setting in," said Anshel Sag, an analyst at Moor Insights & Strategy. "Some things are purely inevitable." How wil customers respond? A key question for Apple is how customers will respond. The company has seen an uptick in Mac sales, but much of that growth has been among technology enthusiasts and businesses buying the machines to handle AI tasks on-device. The new MacBook Pro with the touchscreen starts at $2,899 for the 14-inch model with the M5 Pro chip, while the highest-end configuration starts at $4,799 for the 16-inch model with the more powerful M5 Max chip. The new 16-inch model is 0.7 pounds lighter than the older, non-touchscreen model. Apple said on Wednesday the new MacBook Pro is available for pre-order starting Wednesday and would go on sale on November 6. "This is going to be towards creators, towards designers, towards photographers, people that are going to leverage that high fidelity screen, and who many of whom have grown up tapping on screens, editing on tablets, on phones, etc," said Tom Mainelli, head of IDC's Device & Consumer Research Group. To guard against burn-in, a common OLED flaw where images from long-running apps leave permanent marks on the screen, Apple redesigned the chassis to draw warm air away from the display and used the computing power in its M5 chips to keep the screen refreshed. "You can expect an OLED to last as long as your typical LCD screen. Apple came out of the gate firing in terms of putting together both a very vibrant display and then adding the touch," Mainelli said. Still, some analysts questioned how much headway Apple can make in a market dominated by enterprise buyers, where rivals such as Lenovo, HP and Dell offer cheaper devices. PC makers shipped 33.4 million touchscreen notebooks in 2025, up 22% from a year earlier and 16% of all notebooks shipped, according to IDC. The average selling price for the devices was around $1,009, much lower than Apple's products. The cheapest touchscreen laptop Apple unveiled on Wednesday also costs more than an entry-level iPhone, MacBook, iPad with accessories, Apple Watch and AirPods combined. But the expanding lineup of products and prices suggests that the company is chasing budget-conscious buyers without losing its premium customers, in an early sign of how Ternus might broaden its appeal.emirates247 · united arab emirates
BusinessOct 28First Commonwealth outlines 4.20% Q4 NIM and mid-4.20s in 2027, while adding $25M buyback authorizationFirst Commonwealth provided its Q4 Net Interest Margin (NIM) outlook and projections for 2027, alongside authorizing a $25 million share buyback. This reports key financial performance metrics and a significant corporate action.Seeking Alpha Tech
BusinessOct 28Houlihan Lokey expects fiscal 2027 adjusted tax rate of 26%-28% as restructuring outlook extends into fiscal 2028Houlihan Lokey projects its fiscal 2027 adjusted tax rate to be between 26% and 28%, with its restructuring outlook extending into fiscal 2028. This provides an update on the company's financial planning and operational changes.Seeking Alpha Tech
BusinessOct 28ALTON urges states to scrap telecoms right-of-way feesAssociation says charges account for up to 60% of fibre deployment costs By Chidinma Chukwu, Abuja The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has urged state governments to abolish right-of-way charges on telecommunications infrastructure, warning that the fees account for up to 60 per cent of fibre-optic deployment costs in some states and […] The post ALTON urges states to scrap telecoms right-of-way fees appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 28Microsoft blames data centre delays for lower capital expenditureSoftware group reports overall revenue rose 19% to $92.3bn in quarter to the end of SeptemberFinancial Times
BusinessOct 28Leading Wall Street Law Firm Plans Closure After Nearly a CenturyEl prestigioso despacho Weil, Gotshal & Manges, tras casi un siglo de actividad, planea cerrar ordenadamente por la salida de su personal clave.La firma, sin deudas, enfrenta una votación crucial tras fallar en su fusión con un rival y perder a su futura líder ejecutiva.Clarín
BusinessOct 28Turkmenistan to add 0.48% of Central Asia’s new power capacity (Exclusive)Turkmenistan is projected to contribute 0.48% of Central Asia's new power capacity. This indicates a minor but notable development in regional energy infrastructure.trendaz · azerbaijan
BusinessOct 28Universal Display expects full-year revenue toward low end of $630M-$670M range as OLEDX and NovaJet launchUniversal Display anticipates its full-year revenue will be at the lower end of the $630M-$670M range, aligning with the launches of OLEDX and NovaJet. This financial projection provides an outlook on the company's expected performance.Seeking Alpha Tech
BusinessOct 28Banc of California expects Q4 pretax pre-provision income of $125M-$130M as NIM guides to 3.35%-3.40%Banc of California anticipates a Q4 pretax pre-provision income between $125M-$130M and a Net Interest Margin guidance of 3.35%-3.40%. This outlines financial forecasts and performance indicators for the bank.Seeking Alpha Tech
BusinessOct 28Connection sees 2026 outperformance by 200 basis points as it expects a 3%–4% Q3-to-Q4 seasonal declineConnection forecasts a 200 basis point outperformance by 2026, despite expecting a seasonal decline of 3%-4% from Q3 to Q4. This outlook provides a long-term financial projection for the company.Seeking Alpha Tech
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