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Oct 30 2024BUSINESS

Google's AI and Cloud Investments Pay Off Big Time

In the third quarter of this year, Alphabet, the parent company of Google, saw a huge jump in profits—a whopping 34 percent! This increase was mainly driven by the strong growth in their cloud business. Why the sudden boost? Well, there's a high demand for computing and data services that help train

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Oct 30 2024BUSINESS

Google's Workers Speak Up Against Silencing

A union for Google employees is calling out the tech giant for muzzling workers. This comes after a court ruled Google has an unfair advantage in online search. Google's top brass told staff to keep quiet about the case. The Alphabet Workers Union thinks this is against the law. They say Google is t

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Oct 30 2024BUSINESS

AI Growth: A Casual Look at Some Favorite Stocks

You've probably heard a lot about AI stocks this year. They've been doing really well, and UBS thinks there's still a lot of room to grow. Let's start with Nvidia, a big name in chips. This year alone, it's gone up by almost 186%! That's way more than the S&P 500's rise of 22% in 2024. UBS says we'r

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Oct 30 2024BUSINESS

Great iPad Deals Just in Time for Cozy Season

Guess what? It's about to get chilly outside, and that means cozy time with blankets and warm drinks. What could make this season even better? How about a sweet deal on iPads to keep you entertained and productive? Amazon is offering some amazing prices right now on two popular models: the Apple iPa

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Oct 30 2024BUSINESS

Pfizer's Surprising Q3 Win: Paxlovid and Vaccines Boost Sales

Pfizer recently shared impressive Q3 results that overshot expectations, thanks to its Covid vaccine and antiviral pill, Paxlovid. The drug giant raised its earnings and revenue projections for the year. Despite the positive news, shares dropped by over 2%. Pfizer's CEO, Albert Bourla, is under pres

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Oct 30 2024BUSINESS

Pfizer's COVID-19 Meds Boost Sales: What's Next?

Pfizer's third-quarter earnings just came in, and guess what? They're way better than expected! The company's making a lot more money, thanks to a big demand for their COVID-19 treatments. Their best-selling drug, Paxlovid, brought in a whopping $2. 7 billion in the third quarter alone. This is a ma

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Oct 30 2024BUSINESS

Pfizer Joins the Weight Loss Drug Race with Promising Pills

Pfizer, a major player in the pharmaceutical industry, has recently shared more details about its weight loss drug pipeline. This comes as part of their efforts to compete in the growing market for weight loss medications, currently dominated by Novo Nordisk and Eli Lilly. These companies have found

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Oct 30 2024BUSINESS

Tesla's Big Leap: An iPhone Moment in the Making

Tesla Inc. (NASDAQ: TSLA) has been making waves lately. Its third-quarter earnings report was a big hit, sending its stock prices soaring. The company beat its earnings per share (EPS) estimates by a solid $0. 12, with non-GAAP EPS coming in at $0. 72. This isn't surprising for those who follow the

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Oct 30 2024BUSINESS

Tesla Set to Earn Nearly $1 Billion from FSD in the Next Year

Tesla's Full Self-Driving (FSD) software package has been gaining popularity, especially after the Cybertruck reveal. Analysts predict that the company will soon see nearly $1 billion in deferred revenue from FSD over the next year. Recently, Tesla recognized $326 million from FSD in the past quarte

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Oct 30 2024BUSINESS

Chipotle's Third Quarter: More Traffic, Higher Costs

Chipotle Mexican Grill recently shared their third-quarter results, and while more people visited their restaurants, the company's earnings didn't quite hit the mark. Their stock took a dip, falling by 3% after hours. Let's break down the numbers. The company's adjusted earnings per share were 27 c

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