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Microsoft Q1 2025 earnings: strong growth driven by cloud and AI integration

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Impressive Financial Performance with Revenue Growth Microsoft Corporation reported revenue of $65.6 billion for Q1 of fiscal year 2025, marking a 16% year-over-year increase. Analysts...
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U.S. economic growth maintained in third quarter, driven by consumer and government spending

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The U.S. economy grew at an annual rate of 2.8% in the third quarter of 2024, according to data released by the U.S. Bureau...
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U.S. job openings decline in September, signaling a cooler labor market

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In the United States, job openings in September declined significantly to 7.4 million, their lowest level since January 2021, according to the September Job...

Reddit reported third-quarter revenue of $348.4 million, up 68% year-over-year

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Reddit is now a profitable company. The social media platform, which went public in March, announced its third-quarter results on Tuesday, and the results...
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Cannabis use in pregnancy may harm children’s thinking and learning and increase aggression

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A team of researchers from the United States and Canada have found that pregnant women who use cannabis may be harming their child’s cognitive...

Alphabet reports 15% revenue growth and a 34% surge in net income

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Google's parent company, Alphabet Inc., smashed Wall Street expectations for the third quarter, reporting 15% revenue growth and a 34% surge in net income. According...

How is McDonald’s going to win back customers after E. coli outbreak?

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Last Wednesday, after an E. coli outbreak left over 75 McDonald’s customers sick, visitor numbers fell by 6.4% nationwide, according to Placer.ai. In Colorado,...

Boeing selling 90 million shares of common stock

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Boeing just announced that it will sell 90 million shares of common stock to raise up to $14 billion.  Along with this, the company...
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Philips lowered its 2024 sales growth forecast

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Koninklijke Philips N.V. is adjusting expectations after a rough quarter marked by declining demand in China. The health-tech company lowered its 2024 sales growth...

China’s industrial profits declined in September

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China’s industrial sector had a difficult September, with profits plunging by 27.1% compared to the same month in 2023. The drop marks the worst...