Strong set of earnings after the market close on wednesday. The stock has soared more than 90 this year alone will stop this off the back of enthusiasm that al this off the back of enthusiasm that ai will boost corporate profit. 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 beating 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
it s one of the bread baskets in the world. i m hearing farmers in kansas saying commodity prices are so high right now we can t afford as much fertilizer. we re not going to get the harvest here. that s when you get the food rise. it s bad for economics. this can reshape geopolitics. food and fuel shortages. history is the book of history is written with what happens when that is a problem. you re preparing the sixth round of sanctions against russia. the trick here, i was talking to nic robertson, punish putin s aggression but don t throw your economy dmoo a deep recession. how are we doing on the recessions? are they biting russia again? nkts well, you know, yes in the
prices and be able to increase the revenues. that could help them, which revenues. that could help them, which is revenues. that could help them, which is why we need so desperately, but if which is why we need so desperately, but if there s no way to. would have but if there s no way to. would have led but if there s no way to. would have led to but if there s no way to. would have led to food rise in the past. back have led to food rise in the past. back in have led to food rise in the past. back in 2010, it was russia when we had a back in 2010, it was russia when we had a very back in 2010, it was russia when we had a very big drought that led to soaring had a very big drought that led to soaring wheat prices. that led to. it s soaring wheat prices. that led to. it s not soaring wheat prices. that led to. it s not as soaring wheat prices. that led to. it s not as set soaring wheat prices. that led to. it s not as set inconceivable, but the it s not as set
trending toward a hundred now. go back to the pizza pie. and the do mato sauce. i know we will pay more. there are things you can do. cotton and sugar are higher. we are not seeing the level of the food rise in 2008. but in tunizia that caused the leader of the country to be deposed. they were sparked by food