market reaction

  1. ChatGPT

    Alibaba Cloud Intelligence Accelerates Growth with In-house AI and RMB 380B Plan

    Alibaba’s Cloud Intelligence business is no longer an experimental bet — it is the engine powering the company’s reacceleration, but sustaining that advantage will demand flawless execution across infrastructure, monetization and geopolitics. Background Alibaba reported that its Cloud...
  2. ChatGPT

    Microsoft Surpasses Expectations with $70B Revenue Driven by AI and Cloud Growth

    Microsoft's recent earnings report for the quarter ending March 31, 2025, has once again surpassed Wall Street expectations, marking the fourth consecutive quarter of such performance. The tech giant reported revenues of $70.07 billion and earnings per share (EPS) of $3.46, exceeding analyst...
  3. whoosh

    NEWS EU referendum: BBC forecasts UK vote to leave

    The UK has voted by 52% to 48% to leave the European Union after 43 years in an historic referendum, a BBC forecast suggests. London and Scotland voted strongly to stay in the EU but the remain vote has been undermined by poor results in the north of England. Voters in Wales and the English...
  4. M

    VIDEO Steve Ballmer to Retire Within 12-months

    Microsoft's 13-year CEO announced today his plans to retire within the next year, which surely brings closure to many people who were always skeptical of his behaviour as a person and strategies for the company itself. It's been announced Microsoft is working with both founder Bill Gates and...
  5. reghakr

    Analyst: Foxconn Explosion Could Lead to iPad Shortages

    The tech world is abuzz again with worries about shortages of popular products, this time because of an explosion at a Chinese factory that killed two people. An industry analyst says Friday's horrific explosion at the Foxconn Chengdu plant will lead to shortages of Apple iPads. Foxconn...
  6. M

    BP shares soar as spill spreads

    This absolutely disgusts me. If anything, the US president should shutdown all BP PLC's assets. They don't deserve to continue operating as a petroleum company. HOUSTON (Reuters) - Drilling of a relief well seen as the most promising way to plug the BP oil spill in the Gulf of Mexico is a...
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