Rattled wall street with disappointing forecasts, making it clear that the billions its spending on Artificial Intelligence could take years to pay off. Well, in the last few hours weve had news from two more tech giants that has certainly calmed those nerves. Microsoft, now the worlds most valuable company, and alphabet, which owns google, have both seen their profits jump thanks to demand for al. Lets show you the details. In the three months to the end of march, microsoft made almost 22 billion. Thats up 20 on this time last year and alphabet made more than 23 billion over the same period. Thats a jump of 57 on last year. Erin delmore has more from new york. Among the dozens of Companies Reporting First Quarter earnings on thursday, alphabet and microsoft took centre stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in Artificial Intelligence. One Stand Out Spot for alphabet was google cloud revenue, whichjumped 28 in 01. A lot of Generati
Morning starts now. Good morning, good morning. Welcome to cnn this morning. Im vc egg tore blackwell. Im amara walker. Thanks for being with us. Were going to begin this morning with dangerous Weather Conditions caused by now posttropical cyclone lee. The storm is packing hurricaneforce winds, heavy rain, and dangerous storm surges as it swipes the new england coast. Now, while lee is not expected to make landfall in the u. S. , the outer bands of the powerful storm are already hitting the east coast, packing winds of 60 miles an hour and bringing storm surges that could cause flooding along the new england coast. Tropical Storm Warnings through nantucket and maine, and authorities are telling people to prepare to stay where you are as the storm pushes north through the day. Lees also expected to cause dangerous rip currents along the Atlantic Coast with a lot of states warning people to stay out of the ocean this weekend because of the dangerous surge conditions. Of course, were cove
international coalition to defeat i.s.i.s. or to defeat al qaeda. it took many years. i don t think it s going to be many years. but i ve set targets and not a deadline, and we re proceeding as quickly as we can and also as carefully as we can because we want to minimize civilian casualties, and we want to minimize casualties on our side. that s israeli prime minister benjamin netanyahu on a potential timeline for the war with hamas. it comes as gaza s largest hospital, which is caring for newborns, is out of fuel to power the facility. also ahead, we ve got new reporting on the impeachment inquiry into president joe biden. the new house speaker does not appear ready to move that effort forward, at least for now. meanwhile on capitol hill, the republican-led house released its plan to avoid a government shutdown. we ll go through the stopgap measure and the chances it could pass the senate by friday s deadline. good morning and welcome to way too early on this mo
good morning to you. welcome to cnn this morning. it is saturday, november 11. i m victor blackwell. and i m amara walker. this is what we re watching for you. aid workers in gaza say they are in desperate need of supplies including fuel and warn that they could be forced to shut down operations and they are operating in the dark. as calls for a ceasefire grow, we re learning of more explosions near hospitals sheltering thousands of people. u.s. less than a week away from running out of money to pay its bills, to pay its employees. the major meeting that is happening today among house republicans to try to avoid a government shutdown. the fbi seizes cellphones and ipad belonging to mayor adams as part of a federal probe into his campaign fundraising. the dramatic way it unfolded. and president biden will mark veterans day with an event in washington this morning. just ahead, how the v.a. is going digital in its efforts to honor veterans. right now, a seven hour ev
It is time to catch up with all the Business News in World Business report. Stories. How does a country survive without big banknotes . Well find out when the Indian Government releases Economic Growth figures later today. And its almost like a game of hide and seek. Passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. Hello and welcome to World Business report. Im susannah streeter. In a minute well take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the Fastest Growing major economy in the world. Economists are predicting that india expanded at an annual rate of 7. 1 in the first three months of the year. Now, this compares with growth of 6. 9 for china. The resilience of the Indian Economy will come as welcome news to Prime Minister narendra modi, following the countrys landmark demonetisation programme. Towards the