Alphabet Q3 revenue up 25% to $127.6B as Cloud doubles
Google Cloud grew 103% to $30.7B, but free cash flow was -$9.1B after $51.4B of capex.
Google Cloud grew 103% to $30.7B, but free cash flow was -$9.1B after $51.4B of capex.
It pays $65 a share, a 26% premium to Instacart's Oct 22 close, at least 75% in cash.
No Business stories in the last 48 hours. See all Business →
Hong Kong Chief Executive John Lee apologised on Thursday for the November 2025 fire at Wang Fuk Court in Tai Po that killed 168 people, as a judge-led inquiry report found four government bodies partly responsible and Housing Secretary Winnie Ho resigned, according to Reuters and AFP.
North Korea fired about a dozen short-range ballistic missiles from the Wonsan area toward the East Sea on Thursday, South Korea's Joint Chiefs of Staff said, and Seoul's presidential office urged Pyongyang to stop what it called provocations, according to Yonhap and The Korea Herald.
No Asia stories in the last 48 hours. See all Asia →
At least 68 people were killed when a high-speed Renfe train struck a stationary Iryo train near Urda in central Spain on Wednesday, and Transport Minister Óscar Puente said a control-centre decision to let the train resume at normal speed is at the centre of the investigation, according to the BBC, The Guardian and Euronews.
Moscow Mayor Sergei Sobyanin said 613 drones flew toward the Moscow region between Wednesday evening and Thursday morning, with 231 destroyed on approach to the city and most of the rest neutralized farther out, according to Reuters, via Al Jazeera, and Meduza.
No World stories in the last 48 hours. See all World →
In its first dollar disclosure, Microsoft said Azure grew 48% from a year earlier in the July-September quarter, about 36% of total revenue of $92.3B.
Google says the model improves coding, agentic tasks and cybersecurity.
No AI & Tech stories in the last 48 hours. See all AI & Tech →
The Federal Reserve kept its benchmark federal funds rate in a range of 3.75% to 4% on Wednesday, with two of 12 voters dissenting in favor of a 0.25 percentage point increase.
U.S. mortgage applications rose 3.4% in the week ending Oct. 23 as the average 30-year fixed rate fell to 7.37% from 7.41%, its lowest in three weeks, the Mortgage Bankers Association said Wednesday.
No Money stories in the last 48 hours. See all Money →
Dolores Huerta, the labor organizer who co-founded the United Farm Workers union with Cesar Chavez, died Wednesday at her home in Bakersfield, California, at age 96, her family and the Dolores Huerta Foundation announced.
Four immigrant legal services groups sued the Department of Homeland Security and ICE in federal court in Boston on Wednesday, challenging a September policy that stopped disclosing the locations of detainees who have final orders of removal.
No US stories in the last 48 hours. See all US →
U.S. District Judge Loren AliKhan in Washington on Wednesday issued a temporary restraining order barring the Office of Management and Budget and the Department of Homeland Security from developing or airing a set of government-funded ads, granting a request from the Democratic National Committee.
The Defense Department estimated that the war with Iran had cost $47.1 billion as of Oct. 16, up about $3.5 billion from its previous estimate through Sept. 3, according to a document provided to Congress and reported by Stars and Stripes, CBS News and AP.
No Politics stories in the last 48 hours. See all Politics →
A Tehran Revolutionary Court has sentenced Palme d'Or-winning Iranian director Jafar Panahi in absentia to five years and one month in prison and ordered his assets confiscated, his lawyer Mostafa Nili told the Iranian reformist outlet Emtedad, according to Variety and AP.
Buddy Marini, the new head of Amazon MGM Studios Japan, said Wednesday at the TIFFCOM content market in Tokyo that the company will double its investment in original Japanese content, including live-action films, series and anime, Deadline and Screen International reported.
No Entertainment stories in the last 48 hours. See all Entertainment →
The FDA on Tuesday issued draft guidance laying out how sponsors can seek approval for gene-editing therapies tailored to each patient's genetic variant, the Department of Health and Human Services (HHS) said.
Artiva Biotherapeutics said on Tuesday it is discontinuing development of AlloNK, an off-the-shelf natural killer cell therapy tested with rituximab in rheumatoid arthritis and other autoimmune diseases, and will not start a planned Phase 3 trial.
No Health stories in the last 48 hours. See all Health →
Villa Vie Residences has suspended operations of the MV Odyssey in Sihanoukville, Cambodia, saying monthly fuel costs per cabin have jumped from about $1,800 to an estimated $6,000 to $8,000 in parts of Asia.
Norwegian Air Shuttle reported third-quarter operating profit of NOK 2.7B, above the NOK 2.3B analysts expected, Reuters reported, while cutting planned first-quarter 2027 capacity by more than 5%.
No Travel stories in the last 48 hours. See all Travel →