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 Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced some good news for investors, its first ever dividend of 20 cents per share, and first ever dividend of 20 cents pershare, and an first ever dividend of 20 cents per share, and an additional 70 billion buy back. That initially sent shares into double digits after the bell. And for microsofts part, its Intelligent Cloud Division delivered greater revenue than expected thanks to Microsoft Partnership but with openai, the creator of chatgpt. Shares rose on the news. And together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after metas stock fell after its own Earnings Report and after the market was rattled by slowing us gdp and stubborn inflation. In ot
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and late yesterday, the chancellor announced the minimum wage is to go up by more than a pound, to £11.44 per hour, from april next year. and jeremy hunt decided the rate would also apply to 21 and 22 year olds for the first time. here s our econmics corrrespondent, andy verity. ona cold, on a cold, damp day at the south london market, ask what they want the government to do something about and you will hear two big concerns that haven t gone away. energy and food. , ., , ., , food. used to get six or seven oran . es food. used to get six or seven oranges for food. used to get six or seven oranges for a food. used to get six or seven oranges for a pound, - food. used to get six or seven oranges for a pound, now - food. used to get six or seven oranges for a pound, now it i food. used to get six or seven i oranges for a pound, now it has five. lemons, ten for a pound, now 87 for a pound. it is hard for the customer, it is hard for the customer, it is hard for us as well.
obviously the latest developments in gaza. the hearings today at the international court ofjustice, south africa accusing israel of genocide. but let s start with this houthi campaign. it has happened as a result of the israel hamas conflict. i wonder if that underlines the fact that perhaps this conflict needs to be brought to a close? if this conflict needs to be brought to a close? , ., ., this conflict needs to be brought to a close? ,, ., ., this conflict needs to be brought to a close? i. ., ., ,, ., ., a close? if you want to know what the houthi a close? if you want to know what the houthi regime a close? if you want to know what the houthi regime is a close? if you want to know what the houthi regime is about - a close? if you want to know what the houthi regime is about it - a close? if you want to know what the houthi regime is about it is i the houthi regime is about it is about the slogan, death to america, death to israel, cursed be thejews, victory to islam. the ho