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Amazon beats third-quarter earnings expectations on strong cloud growth

found 31 Oct Quartz

qz.com › amazon-third-quarter-prime-day-ai-aws-cloud-1851686470

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Amazon’s (AMZN) third-quarter results came in above Wall Street’s estimates thanks in part to strong growth in its cloud division.

Allegiant Air doesn't know how badly Hurricane Milton messed it up

found 31 Oct Quartz

qz.com › allegiant-air-earnings-helene-milton-fema-sunseeker-1851686364

This story seems to be about:

The budget carrier Allegiant Air (ALGT) released earnings Wednesday, reporting a $36 million loss on $562 million in revenue. The numbers were worse than Wall Street was expecting, and it wasn’t the only bad news for the airline, which provided an update on the often-unfortunate Sunseeker Resort project in the…

Microsoft can't build data centers fast enough to meet AI demand

found 31 Oct Quartz

qz.com › microsoft-build-data-centers-ai-demand-q1-fy25-earnings-1851686192

This story seems to be about:

Microsoft’s (MSFT) fiscal first-quarter results surpassed Wall Street’s expectations — but data center constraints left investors unimpressed.