Business

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Microsoft Reports Quarterly Cloud Sales That Beat Estimates

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence.

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Alphabet shares fall after revenue miss, cash burn worsens

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Alphabet's Google Cloud unit beats quarterly revenue estimates on steady AI demand

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Alphabet's heavy cloud spending drives bigger-than-expected cash burn

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T-Mobile raises annual free cash flow forecast as premium plans gain traction

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Alphabet Reports Disappointing Revenue, Income; Shares Drop

Alphabet Inc. reported quarterly sales and profit that fell short of expectations, a sign that the company is failing to generate enough return to justify its massive investments in AI.

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Ford reports mixed third-quarter results, says 2027 earnings will be in line with this year

Ford Motor is set to report third-quarter results after markets close Wednesday.

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Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year.

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T-Mobile Boosts Profit, Accounts as Network and Offers Resonate

T-Mobile US Inc. added more total customer accounts in the third quarter than analysts had expected, showing its slate of offers and loyalty incentives are resonating with customers.

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XRP 'At The Heart' Of Everything Ripple Does: Garlinghouse

Brad Garlinghouse, CEO of Ripple, joins Scarlet Fu and Isabelle Lee on "Bloomberg Crypto." From the Ripple Swell Conference, Garlinghouse says the company is leaning into regulation and licensing as it seeks to make its US dollar-backed…

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Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.

Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday.

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Fifteen-Minute Bets Scratch the Bitcoin Itch

Bloomberg's Emily Nicolle joins Scarlet Fu and Isabelle Lee on "Bloomberg Crypto." While Bitcoin appears to have fallen into an autumnal slumber, another corner of the speculative trading arena is thriving. Prediction-market volumes are…