Three years since a worldwide race to the cloud boosted India's IT services sector, there are signs of a re-run. Microsoft Azure, Amazon Web Services (AWS) and Google Cloud clocked record new business in the January-March period, a development which could help India's largest technology services firms grow faster in the current financial year than last, company executives and analysts said.
Open FlipFool.com contributor Parkev Tatevosian previews what investors should expect from Alibaba's (NYSE: BABA) earnings announcement.*Stock prices used were the afternoon prices of May 4, 2024. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alibaba Group wasn’t one of them.
Open FlipMcDonald's (NYSE: MCD) stock dropped and quickly recovered following its earnings announcement for the first quarter of 2024. The stock also remained steady in subsequent trading sessions.This likely reflects some confidence in McDonald's stock. Although both revenue and earnings increased, CEO Chris Kempczinski noted the effects of inflation, saying customers are "more discriminating".
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