giantjoined the likes of meta, microsoft and alphabet, delivering a surprisingly strong report card. if sales and profits in the first quarter surpassed wall street s expectations, continuing a trend in big tech that has lifted markets across the board and in fact, you can see the impact on wall street overnight where wall street had its best session since january. where wall street had its best session since january.- where wall street had its best session since january. over the last ear session since january. over the last year amazon session since january. over the last year amazon has session since january. over the last year amazon has been - last year amazon has been aggressively cutting costs to help boost profitability, already laying off 18,000 people and is currently about to eliminate another 9000. it would appear some of those measures are already paying off. the retail giant posted earnings that beat investor expectations. amazon s cloud computing business w
under skinfold evolution of human gesture and human language as we know it now. scaffold. and we look at this year s oscars nominations as everything everywhere all at once takes a quantum leap into the lead. after much pressure and anticipation, there are reports in the german media that the country will send leopard 2 battle tanks to ukraine. reports suggest olaf scholz will give the go ahead to send 1a tanks, paving the way for poland and other european countries to also send some of their german made leopard tanks to kyiv. analysts say this could be a game changerfor ukraine in its efforts to repel russian troops from its territory. claudia redmond has the latest. he has been hesitant for days but now after mounting pressure the german chancellor appears to have finally given the green light. according to german media he will send at least 1a leopard two tanks to kyiv. these are world class weapons produced in germany, widely seen as the best fit for ukraine. at least
we begin with microsoft. the tech giant has just revealed its financial health and investors are satisfied for now as it showed some strength in the face of a weak global economy. its cloud business hit wall street targets for the end of 2022 and revenues rose 2% to just under $53 billion. but what is the outlook? microsoft last week announced it would be slashing 10,000 jobs worldwide in a bid to cut costs. it s also investing in a company behind chat gpt the chatbot that is predicted by some experts to be the future of search. let s discuss this withjeremy goldman director of briefings at insider intelligence. good at insider intelligence. morning to you. looking at what good morning to you. looking at what microsoft had to say, after its resolve without, shares went up 4% and fell back i% shares went up 4% and fell back 1% higher by the end of the day, your thoughts on how it s doing? day, your thoughts on how it s doinu ? , ., day, your thoughts on how it s doin.?
britain s new prime minister, rishi sunak, has moved into number ten and spent most of the day appointing senior members of the government. on arriving in downing street tuesday, he said the uk was facing a profound economic crisis , and made a point of saying that he d repair the damage caused by some of the policies of his predecessor liz truss. i will place economic stability and confident at the heart of this government s agenda. this will mean difficult decisions to come. he also named his new cabinet. there are a lot of changes butjeremy hunt will stay in the key post as chancellor. he was appointed just a few weeks ago after the failed mini budget. on monday, jeremy hunt is due to deliver a much anticipated statement on the government s tax and spending plans, along with analysis from the office for budget responsibility. joining me now is melanie baker senior uk economist at royal london asset management. there are some rumours that this fiscal event on 31 october