Columbus, OH

Microsoft reported better-than-expected earnings and revenue for the fiscal fourth quarter. The stock dropped in extended trading as investors focused on disappointing Azure revenue, but management called for accelerating in the quarters ahead. Total revenue increased 15% from a year earlier. Here's how the company did, compared with the LSEG...

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

Microsoft’s earnings report Tuesday afternoon, July 30, will provide new insights into the impact of artificial intelligence on its business, and the company’s attempt to keep pace with anticipated AI demand. The report will cover the three months ended June 30, 2024, the fourth quarter of the company’s...

Microsoft’s earnings report will offer a new gauge for AI demand and cloud investments

Jeff Bezos is selling 25 million Amazon shares worth $5 billion, according to a regulatory filing on the day the tech giant’s stock hit a record high. The proposed sale on Tuesday came as Amazon’s stock closed at $200 per share, its highest price since Amazon’s 1997 NASDAQ listing.

Jeff Bezos selling $5B worth of Amazon shares as company’s stock hits all-time high

24/7 Wall St.

Outside of NVIDIA’s (NASDAQ: NVDA) recent share price going stratospheric, Amazon (NASDAQ: AMZN) has been a Wall Street darling since the company IPO’d in May 1997 at a split adjusted price of $.07. Today, Amazon stock trades for $182.72, which means that stock is up over 187113.11% since May 1997, turning every $1000 invested into […]
The post Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

Warren Buffett and his investment team have dumped nearly 52.8 million shares of Berkshire Hathaway's second-largest holding, Bank of America, over a six-session stretch. Buffett has been a net-seller of equities for six consecutive quarters (through Mar. 31, 2024). Even though Buffett would never bet against America, his actions suggest...

Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street

Ralph Schlosstein, Evercore chairman emeritus and Warburg Pincus senior advisor, joins 'Squawk Box' to discuss the state of the 2024 election, his thoughts on Vice President Kamala Harris, latest market trends, the Fed's inflation fight, M&A landscape, and more.

Evercore's Ralph Schlosstein: Vice President Kamala Harris will be business friendly

While the best state to retire in the U.S. is also one of the smallest in the country, the worst state to retire is the largest. Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate's study of the best states to retire in 2024.

The 10 worst states to retire in the U.S.—No. 1 isn’t California or New York

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Market Close

Microsoft (MSFT) shares are trading more than 6% lower after the close, following the companies. Latest earnings report. For the quarter, Microsoft beat earnings per share by a penny after reporting revenue that was in line with expectations. The company’s revenue strengths came from the personal computing segment while Aure and other cloud computing services came in slightly lower than the company’s guidance.

Three Stocks: Microsoft, NVIDIA, and PayPal

PayPal grew revenues better than expected and is repurchasing more shares than planned. The company's margins are improving, which suggests that the business is stronger than some investors feared. Investors finally see reasons to be optimistic about this company's outlook. Shares of financial technology (fintech) company PayPal Holdings (PYPL 8.59%)...

Why PayPal Stock Finally Popped Today

China's securities regulator on Tuesday promoted its head of law enforcement to the role of vice chairman, underscoring Beijing's determination to tighten oversight of its $5.1 trillion stock market. Li Ming, chief of the enforcement bureau of the China Securities Regulatory Commission, will replace vice chairman Fang Xinghai, the CSRC...

China securities regulator promotes law enforcement chief to vice chair

Newark, NJ

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Paterson, NJ

Morristown Minute

NEWARK, N.J. – Jasmine McGregor, 32, and Jhenelle Lewis, 35, both of Paterson, New Jersey, have pleaded guilty to conspiring with a physician to distribute oxycodone, a powerful opioid, without legitimate medical justification. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Paterson Residents Conspired with Physician to Illegally Distribute Opioids

Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits. The company, which reported disappointing first-half results last week, said that if not enough employees participate in the buyout, involuntary terminations could follow. In...

Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs

Gold prices held steady on Wednesday and headed for a monthly gain, supported by rising optimism surrounding U.S. interest rate cuts, while focus shifted to Federal Reserve's policy verdict due later in the day. At the conclusion of Fed's two-day meeting later on Wednesday, expectations are that the U.S. central...

Gold prices set for monthly gain; traders eye Fed verdict

Reuters

(Reuters) -Warren Buffett's Berkshire Hathaway sold more Bank of America shares, boosting sales to more than $3 billion this month, taking profits after a big run-up in the second-largest U.S. bank's stock price.

Buffett cuts Bank of America stake, sales top $3 billion

New Jersey State

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

Everyone needs a bit of resilience at some point in their lives. You might need to bounce back from a tough breakup, learn a seemingly impossible skill at work or recover from a surgery. No matter the form, adversity requires mental toughness and self-reassurance to overcome it successfully. Some people...

3 common phrases mentally resilient people never use, from psychologists and an executive coach

Camden, NJ

Cornelius, NC

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

NewsBreak

Microsoft's guidance will be 'extremely important', says D.A. Davidson Gil Luria

Gil Luria, D.A. Davidson managing director...

Microsoft's guidance will be 'extremely important', says D.A. Davidson Gil Luria

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