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July 28, 2021

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Oracle revenue growth accelerates as pandemic recedes

CNBC
CNBC – For more and to sign up click here Safra Catz, co-chief executive officer of Oracle Corp. David Paul Morris | Bloomberg | Getty Images Oracle shares fell 3% in extended trading on Tuesday after the enterprise software maker issued earnings that came in better than analysts had expected.......

Salesforce growth accelerates as company offers strong guidance for coming fiscal year

CNBC
CNBC – For more and to sign up click here Marc Benioff, CEO of Salesforce. Adam Jeffery | CNBC Salesforce shares rose 3% in extended trading on Thursday after the cloud software maker reported fiscal first-quarter earnings that surpassed analysts’ expectations. Here’s how the company did: Earnings: $1.21 per share,......

Cramer’s week ahead: The impact of inflation and the reopening as earnings season accelerates

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CNBC – For more and to sign up click here Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Friday that the “real earnings” season will get underway Monday after the major banks posted their quarterly results earlier this week. “We’re actually going to get the impact of both......

Lululemon’s sales, earnings beat as digital business accelerates

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CNBC – For more and to sign up click here Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’......

Asia accelerates AstraZeneca COVID-19 vaccine rollouts, even as trust plunges in Europe

Reuters
By Ben Blanchard, Colin Packham TAIPEI/CANBERRA (Reuters) – Many Asian countries are accelerating the rollout of AstraZeneca’s COVID-19 vaccine after confidence in its safety was hit, following reports that the shot was linked to rare blood clots in Europe earlier this month. A nurse holds a vial of the AstraZeneca......

Canada annual inflation rate in February accelerates to 1.1%

Reuters
FILE PHOTO: A man wearing a face mask rides a mini bike on the one-year anniversary of the World Health Organization declaring coronavirus disease (COVID-19) a pandemic in Toronto, Ontario, Canada March 11, 2021. REUTERS/Carlos Osorio TORONTO (Reuters) – Canada’s annual inflation rate accelerated to 1.1% in February, up from......

Bitcoin surpasses $60,000 in record high as rally accelerates

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CNBC – For more and to sign up click here Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and......

Britain raises contactless limit as COVID accelerates electronic payments

Reuters
LONDON (Reuters) – Britain is more than doubling to 100 pounds the limit on contactless payments made with debit or credit cards, the finance ministry said on Wednesday, as COVID-19 accelerates a shift to electronic payments from cash. The finance ministry said that while legally in force from Wednesday, the......

Twilio delivers surprise adjusted profit as revenue growth accelerates, stock up 10%

CNBC
CNBC – For more and to sign up click here Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Twilio shares rose more than 10% in extended trading on Wednesday after the cloud communications company reported better-than-expected fourth-quarter results, including a surprise adjusted profit. Here’s how the company did: Earnings: 4......

Bank of Canada accelerates work on digital currency amid pandemic

Reuters
FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo Feb 10 (Reuters) – The COVID-19 pandemic has added urgency to the Bank of Canada’s development of a digital currency and decision could come sooner than previously thought,......

Microsoft reports 17% revenue growth as cloud business accelerates

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CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Viva Tech, a three-year-old event for startups, gathers global technology leaders and entrepreneurs as the French establishment unites......

Cici’s files for bankruptcy as pandemic accelerates the decline of the all-you-can-eat buffet

CNBC
CNBC – For more and to sign up click here A Cici’s Pizza restaurant in Buena Vista, Florida. John Greim | LightRocket | Getty Images Buffet chain Cici’s has filed for Chapter 11 bankruptcy protection and announced its sale to D&G Investors, its primary lender. While the coronavirus pandemic has......

Pentagon Accelerates Efforts to Root Out Far-Right Extremism in the Ranks

New York Times
WASHINGTON — The Pentagon is intensifying efforts to identify and combat white supremacy and other far-right extremism in its ranks as federal investigators seek to determine how many military personnel and veterans joined the violent assault on the Capitol. In the days since a pro-Trump mob breached the Capitol on......

PRECIOUS-Gold falls 1% as dollar accelerates rally

Reuters
(New throughout, adds analyst comments, updates prices) * Powell sees no reason to alter Fed's accommodative stance * Platinum falls as much as 4.4%, silver down 3.8% * Interactive graphic tracking global spread of coronavirus: tmsnrt.rs/3mvcUoa By Shreyansi Singh Jan 15 (Reuters) - Gold prices slumped more than 1% on......

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