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Transcripts For BBCNEWS Asia 20240703

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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Transcripts For BBCNEWS Asia 20240703

Stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in no small part to investments in artificial intelligence, One Stand Out spot for alphabet was google cloud revenue which jumped 28 in quarter one. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced 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 sent shares into double digits after the bill. For microsofts part, its Intelligent Cloud Division delivered greater revenue than expected thanks to Microsoft Partnership but with openai, the creator of chat gbd. And together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after medas stock fell after its Earnings Report and the market was rattled by slowing us gdp and stubborn inflation. Lets stay

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Transcripts For BBCNEWS BBC 20240703

State television in iran reported explosions near an army base and an airport in the central city of isfahan, activating local air defence systems. Blasts have also been reported in the countrys north west. Video online shows Iranian Defence missiles being fired into the air. Commercial flights were initially diverted around iranian airspace, but iranian media say all restrictions have now been lifted. Irans state broadcaster irib downplayed reports of an attack. Lets hear how the news was broken. Translation reliable sources emphasise that all Nuclear Facilities and military centres in isfahan and all parts of the country are completely secure and no incident has occurred at these facilities and centres. Now to reaction among members of the public, many of whom are expressing concern about escalation. Lets hear from some people on the streets of tehran. Translation they attacked our| consulate and iran responded but, in general, war across the globe is not a good thing. Not only for u

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Transcripts For BBCNEWS Verified 20240703

The one hand the Labour Market is very strong, and you pointed to the jobs report from friday, unemployment is down and wage growth is up and it is a very unique moment, we have seen unemployment below li for 26 straight months, the longer stretch we have ever seen that since the 1960s, it is remarkable, and the fed looking at these data could see this as an area where a Softening Job Market could do some of the work for them and thatis do some of the work for them and that is in terms of stabilising prices and remember that all of these elements of the economy are linked. We have seen prices continue to creep and people are feeding that in their wallets and in their household budgets, so whilst the fed can rest assure the Labour Market look strong, the question is on how to bring the price is down to the 2 inflation target. We to bring the price is down to the 296 inflation target. Inflation target. We should always remember that inflation target. We should always remember that what i

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Transcripts For BBCNEWS The 20240702

instability in the west bank does not continue. that includes making sure that extremist settler violence stops. we as you know if they can steps this week in the united states to impose visa restrictions on it responsible individuals and necessary it will take further action but we have seen some progress there. what more needs to be done to ensure that this extremist violence ends. finally on gaza, it s very important that even as we are focused on what s happening day in, day out, that we are also not only thinking about but working on what comes next up is eagerly building a foundation for a durable peace and durable security. tomorrow we will have a chance to welcome colleagues from around the region here in washington, from the arab league in the organisation of islamic cooperation and i look forward to attending those discussions with them. we had a chance to discuss our approach to the people s republic of china. we are aligned on key challenges that we face in the in

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