Bloomberg:
Ex-Lacework CEO and Facebook’s former global head of engineering Jay Parikh joins Microsoft’s senior leadership team and will report directly to Satya Nadella — – Company struggling to ramp up data centers to meet AI demand — Jay Parikh will report directly to Microsoft CEO Nadella
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013 (Mishaal Rahman/Android Authority)
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013 — Android 16 is launching in Q2 of 2025, which is months earlier than previously expected. — • — TL;DR
Apple Q4 revenues: down 0.3% YoY to $15B in China, up 7.6% to $5.9B in Japan, up 16.6% to $7.38B in the rest of Asia-Pacific, and up 11% to $24.9B in Europe (Nikkei Asia)
Nikkei Asia:
Apple Q4 revenues: down 0.3% YoY to $15B in China, up 7.6% to $5.9B in Japan, up 16.6% to $7.38B in the rest of Asia-Pacific, and up 11% to $24.9B in Europe — PALO ALTO, California — Apple reported a record revenue for the July-September quarter on Thursday, reflecting early signs of the AI-powered iPhone 16’s strength.
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023 (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023 — Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates.
Tether reports Q3 net profits of $2.5B, driven by gains in its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT market cap nears $120B (Krisztian Sandor/CoinDesk)
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profits of $2.5B, driven by gains in its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT market cap nears $120B — The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 10%+ after hours (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 10%+ after hours — Intel shares rose 9% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped estimates.
Apple reports Q4 revenue up 6% YoY to $94.9B, net income of $14.74B, vs. $22.96B in Q4 2023, after paying a $10.2B charge as part of a tax decision in Europe (Apple Inc.)
Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, net income of $14.74B, vs. $22.96B in Q4 2023, after paying a $10.2B charge as part of a tax decision in Europe — iPhone drives record September quarter revenue Services revenue reaches new all-time high — Apple® today announced financial results …
Amazon reports Q3 ad revenue up 19% YoY to $14.33B, vs. $14.25B estimated, amid the company’s push to insert ads into Prime Video (Jennifer Maas/Variety)
Jennifer Maas / Variety:
Amazon reports Q3 ad revenue up 19% YoY to $14.33B, vs. $14.25B estimated, amid the company’s push to insert ads into Prime Video — Amazon reported its third-quarter 2024 earnings, revealing ad sales rose 19% year over year amid the company’s push to insert ads into Prime Video.
Amazon reports Q3 AWS revenue up 19% YoY to $27.5B and AWS operating income of $10.4B, up from $7B in Q3 2023, and subscription sales up 11% to $11.3B (Annie Palmer/CNBC)
Annie Palmer / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.5B and AWS operating income of $10.4B, up from $7B in Q3 2023, and subscription sales up 11% to $11.3B — – CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est. (Todd Spangler/Variety)
Todd Spangler / Variety:
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est. — Apple missed Wall Street earnings forecasts, as smartphone revenue — including sales of its new AI-enabled iPhone 16 …
