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Transcripts For BBCNEWS Business 20240702

Close on wednesday. The stock has soared more than 90 this year alone this off the back of enthusiasm that al will boost corporate profit. The question is will als big spenders, the likes the question is will als big spenders, the likes of amazon, microsoft continue to place orders and drive sales and Profit Growth . Or is that trajectory beginning to ease . Wall street is betting the chipmaker will exceed expectations. In other news, Pixar Animation Studios known for producing classic films like toy story, is laying off roughly 14 of its workforce. This is part of broader restructuring by Parent Company walt disney, and reflects a move away from the production of original content for the disney plus streaming service. Instead, pixarwill refocus on feature films. These layoffs follow similar cuts made injune last year. To another big story we have been covering newsday. A Singapore Airlines flight was hit with severe turbulence causing the death of one passenger and injuries to several

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