Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Microsoft Corporation said on Thursday that its third-quarter fiscal 2024 revenue rose 17% to $61.9 billion, better than analysts' expectations.
The report showed that net income for the March 31, 2024 quarter increased by 20% to $21.9 billion. Similarly, diluted earnings per share improved by 20% to $2.94. Breaking down the profit by services and products, the company's server products and cloud services revenue advanced by 24%, driven by Azure and other cloud services revenue growth of 31%.
"Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry," said Satya Nadella, chairman and chief executive officer of Microsoft.
After the report's publication, Microsoft shares increased by 5.56% to sell at $421.44 in after-hours trading.
Baha Breaking News (BBN) / JG
Russian President Vladimir Putin said on Thursday that he is in regular contact with Russian Central Bank Governor Elvira Nabiullina, who believes that inflationary risks in the country's economy still exist.
"Lending is growing and at a good pace, but the threat of inflation is still hanging over us, according to the Central Bank's leadership," Putin stated at the Russian Union of Industrialists and Entrepreneurs Congress.
Russian annual inflation rose to 7.72% in March, while on a monthly basis, it increased by 0.39%, according to the latest data by the national statistical service Rosstat.
Baha Breaking News (BBN) / JJ
https://www.baha.com/Putin-Inflation-risks-still-exist/news/details/61927639?internal=1
FTSE100 FLAT
https://www.ig.com/uk/indices/markets-indices/ftse-100
https://www.baha.com/Europe-down-in-premarket-as-financial-results-pour-in/news/details/61921381?internal=1
Andrew Neil on GBnews.
"I didn't want it(GBnews) to become an outlet for bizarre conspiracy theories or anti-vaxers or basically the nutty end of politics... there's no market for that in Britain, beyond a hardcore of nutters..."
Spineless Ofcom, who faces growing criticism over how it does nothing about persistent rule breaker, GB News, now confirms that owner of the Reform UK party, Nigel Farage, can present his nightly GB News programme throughout the general election!!!
Lloyds Banking Group PLC (LSE:LLOY) reported first-quarter profits slightly ahead of expectations despite lower income and higher costs, with no extra charges against the ongoing regulatory probe into the motor finance sector.
Guidance for the full year was maintained, with margins expected to tighten further but not enough to prevent further shareholder returns.
The UK’s largest lender delivered an underlying profit of £1.76 billion for the first three months of 2024, just above flat compared to the preceding quarter, down 26% year-on-year but slightly higher than the £1.73 billion average analyst forecast.
https://www.proactiveinvestors.co.uk/companies/news/1045985/lloyds-banking-profits-slip-less-than-expected-no-further-motor-finance-charges-1045985.html