google s parent company, alphabet, and microsoft have both unveiled quarterly report cards that beat expectations. alphabet shares jumped a little more than 1.5% in after hours trade, as the company announced that its quarterly revenue rose to more than $69 billion. that s 3% higher than the previous year. microsoft stock also got a boost in extended trading, up a smidge over 8.5%, with a quarterly revenue beat that was mainly driven by growth in its cloud computing businesses. of briefings at insider intelligence. some signs of resilience here? yes. although clyde either one or two caveats that. expectations have drops considerably in the last year so this is the type of growth that both of these companies would have been mortified by just a year ago and now expectations have dropped to the point that this is meeting the point that this is meeting the mega expectations of the market is a win. the mega expectations of the market is a win. there is a lot of chat right marke
middle east was between saudi arabia and iran and it looked like they would come up against each other but instead they fought proxy wars in yemen especially. there s been a rapprochement between them recently and the military itself, it is huge, but if you look back, things have changed and look at the iran iraq war in the 805, although they had a massive advantage in terms of the people in the army, they were not able to defeat iraq, 5o people in the army, they were not able to defeat iraq, so i don t think at the moment we are looking at an iranian military entering into at an iranian military entering into a major conflict. this will be, for now, unless they go to an extraordinary situation which will be a major issue for everyone across the globe. they will look to be using pressure as we ve seen with hamas and hezbollah, we ve seen an incremental rise in skirmishes on the border between israel and laverton but we are not seeing any major escalation where the rules of en
Almost circular dynamic, that exacerbates the inflation and thatis exacerbates the inflation and that is what the bank of england is really worried about, these transient effects that have been causing inflation so far like the war inflation so far like the war in ukraine and supply chain issues, that these movements make inflation stay much longer, and become very much entrenched in our economy and then much, much harder to bring down under control. down under control. thank you very much. down under control. thank you very much, victoria, down under control. thank you very much, victoria, in - down under control. thank you very much, victoria, in londonj very much, victoria, in london for us. let s get some of the day s other news 110w. british american tobacco is to pay $635 milion plus interest to us authorities after a subsidiary admitted selling cigarettes to north korea in violation of sanctions. the us authorities said the settlement related to bat activity in north korea