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Microsoft's unexpected rebound in Azure cloud growth, environmental campaigners' concerns over EU's hydrogen plans, UN chief denounces violations of international law in Gaza, companies turning to former diplomats for help amid rising tensions
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- Microsoft's Azure cloud computing platform experienced an unexpected rebound in growth, leading to a 5% increase in its share price.
- Companies across various industries are seeking advice from former diplomats and public sector officials to navigate increasing geopolitical risks and protect their supply chains and target markets.
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Alphabet's earnings disappoint investors
Alphabet, the parent company of Google, reported mixed third-quarter earnings with its cloud division narrowly missing sales forecasts. However, advertising revenue exceeded expectations. Despite this, Alphabet's shares fell 6% in after-hours trading. In contrast, Microsoft beat estimates with its cloud computing platform, leading to a 5% jump in its share price.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode