Profit. microsoft s quarterly profit grew thanks to the strength of its cloud computing unit and sales from microsoft s intelligent cloud business, its biggest revenue driver grew 15% from this time last year to $24 billion. but that was perhaps less than wall street was hoping for because the share price initially traded lower. focusing on the big bit of artificial intelligence the ceo said we remain focused on leading the new ai platform shift. microsoft is not the only tech giant investing heavily in al. alphabet is developing and deploying ai heavily in al. alphabet is developing and deploying al to improve its search as well as other products. that along with a slight improvement in the digital app market helped it turn a net profit of $18.4 billion in the last quarter. its cloud business also enjoyed strong positive momentum revenue. and musical chairs at the company, google said its
Than wall street was hoping for because the share price initially traded lower. focusing on the big bit of artificial intelligence the ceo said we remain focused on leading the new ai platform shift. microsoft is not the only tech giant investing heavily in al. alphabet is developing and deploying al to improve its search as well as other products. that along with a slight improvement in the digital app market helped it turn a net profit of $18.4 billion in the last quarter. its cloud business also enjoyed strong positive momentum revenue. and musical chairs at the company, google said its finance chief would become its chief investment officer starting in september. meta is also due to report results after closing bell on wednesday and the focus
at least for now, though, a lot of green on the u.s. futures board. so apple yesterday reported better than expected earnings although it wasn t all rosy for them. what fueled, though, this mostly positive report? it s actually because i m sure, john, you went and bought an i-phone over the last quarter although i could be wrong. that s what s helped your sale and your purchase that they saw an increase in iphone revenue around 2%. i see you shaking your head but fair enough. iphone revenue is the one that s actually really done them quite well in this time. overall sitting at $98.4 billion but compared to the $92 billion which was initially anticipated, clearly they are seeing some sort of positivity there. they don t expect their earnings to do very well for the year.
Our contract runs out at the wrong time. we were searching around to find the best deal and at the time it was either close or take what was on offer at the time. we wanted to open a year ago but obviously with the prices through the roof we had to stop. so this kitchen and pub in stockport remains a work in progress. plans to serve food are on hold because of energy bills. it is sad that we have just had to postpone everything in order to get to the point of making it financially viable. since october businesses have been getting support with energy costs. their bills have been capped, but that scheme has cost the taxpayer £18.4 billion, so from tomorrow a new scheme starts, offering a discounted rate instead, estimated to costjust £5.5 billion for the coming year. but with some saying their bills could rocket by more than 100%, it is feared 300,000 small
Cost the taxpayer £18.4 billion, so from tomorrow a new scheme start, offering a discounted rate instead, estimated to costjust £5.5 billion for the coming year. but with some saying their bills could rocket by more than 400%, it is feared 300,000 small businesses might need to restructure, downsize or even close. good news, officialfigures confirm today that at the back end of last year the uk economy grew marginally by 0.1%, expelling fears it would tip into recession. as inflation is expected to come down, costs could follow. but to get the economy going businesses need to grow first and at the moment confidence is in short supply. since 1987 jack masters in leicester have prided themselves on producing low carbon knitwear, like christmas jumpers. producing low carbon knitwear, like christmasjumpers. but energy producing low carbon knitwear, like christmas jumpers. but energy prices are expected to triple this year and expansion plans have gone into reverse. to expansion plans hav