Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.
Posted inArtificial Intelligence Cloud Computing Company Reports Computers and the Internet Microsoft Corp Nadella, Satya OpenAI Labs
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.
Posted inBellingham (Wash) Boeing 737 Max Groundings and Safety Concerns (2019) Boeing Company Company Reports Cozumel (Mexico) Houston (Tex) Jordan, Robert E (1960- ) Shutdowns (Institutional) Southwest Airlines Company Stocks and Bonds Syracuse (NY)
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.
Posted inAdvertising and Marketing Artificial Intelligence Company Reports Computers and the Internet Facebook Inc Instagram Inc Meta Platforms Inc Mobile Applications Online Advertising Social Media Virtual Reality (Computers) WhatsApp Inc
Meta’s Profits More Than Double, While Spending on A.I. Rises
The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars more on artificial intelligence.