Out stop , plays out. Interestingly, the other servers went up also what are the other services . Overall Services Continue to be strong, a key part of apple growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, i think app store, if you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. Meanwhile, Retail Giant Amazon has reported a quarterly profit that smashed Market Expectations for q2. That came in at 6. 7 billion, eclipsing forecasts. In fact, this was amazons biggest earnings reveal since the last quarter of 2020. My colleague Michelle Fleury with more. Amazons results show its firing on all cylinders. It turned in a strong Online Retail performance and registered higher sales at its Cloud Computing business. Revenue for the Second Quarter rose ii . Investors liked what they heard. Shares in the seattle based company, already up 50
commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geopolitic
hello, i m luxmy gopal. welcome to the programme. a power struggle between sudan s army and a notorious paramilitary force has rocked the country with at least 56 dead and almost 600 injured. among the dead were three un workers who were shot after the two sides exchanged gunfire at a military base. gunfire. the united nations secretary general has condemned the fighting amid fears it will derail the transition to civilian rule. both the army and its opponents, the rapid support forces, claimed they had control of the airport and other key sites in khartoum, where fighting continued overnight. the foreign ministers of saudi arabia, the uae and the united states who ve been backing the civilian transition process have issued a joint statement calling for a halt to military escalation and a return to the framework agreement. violence was reported around the country with eyewitness accounts of sudanese army air strikes in the city of omdurman. the target is a base belonging
no problem coming out and lying the world. we just saw that with this chinese spy balloon. it s the nature of a communist dictatorship to lie to their own people, to lie to the world. that s republican senator dan sullivan of alaska responding to a new report from the energy department on the origins of covid. we ll take you through the latest developments in just a moment. plus, ukraine says it needs more fighter jets as the war entered its second year, but the pentagon and president biden do not appear ready yet to make that commitment. and meanwhile, the first lady seems to give away the president s plans for 2024. we ll show you what she said. good morning and welcome to way too early on this monday, february 27th. i m jonathan lemire. thanks for starting your day with us. we ll start with the new report on the positives of co-vichltd according two sources with direct knowledge of the matter, the federal energy department says it has, quote, low confidence th
on capitol hill, democrats unveil a new bill they say will prevent another bank collapse. we will speaker with senator bob menendez who helped introduce the legislation. battle over abortion rights in texas how one jeryl judge to block a medication used in abortions nationwide. the latest fallout after a russian fighter jet and u.s. drone collide in mid air now russia says it s intenting to recover the fragments of that drone. we begin this very busy hour with the latest on wall street where the dow jones continues to drop after shares of another major bank tumbled more than 20%. dow jones is down 552 points and 1.7% dropping this morning a swiss bank with large operations in the u.s. and around the globe is the center of the latest crisis in the banking sector that is affecting wall street. joining us now with more is cnbc sema mody. what is going on with the markets this morning and why can you hear me? let s try to reestablish communication with her on this we will k