Markets

Amazon dips as tepid profit forecast overshadows 3rd quarter earnings blowout

Shares of Amazon dipped 2% during premarket trading on Friday after the e-commerce giant reported its profits are likely to fall below the Street’s estimates in the fourth quarter. The profit estimates overshadow Amazon’s blowout third-quarter earnings where sales growth skyrocketed 37% and revenue guidance beat expectations. Amazon said its […]
Amazon dips as tepid profit forecast overshadows 3rd quarter earnings blowout
Tech

Meet the exec behind Microsoft’s $10 billion JEDI Pentagon cloud contract win and its efforts to woo industries like healthcare, finance, and government

Microsoft wants to position itself as the top cloud provider for governments and industries including financial services and healthcare – and one key executive is at the centre of it all. Toni Townes-Whitley is Microsoft’s president of US regulated industries and helped the company win the Pentagon’s $US10 billion cloud […]
Meet the exec behind Microsoft’s $10 billion JEDI Pentagon cloud contract win and its efforts to woo industries like healthcare, finance, and government