Russian Hackers Pose as Cyber Firm to Spy on Foreign Embassies
The attackers, a group known as Turla or Secret Blizzard, engaged in a 'large scale' cyber-espionage campaign in which they used Russian internet service providers, or ISPs, to conduct their hacks, according to Microsoft. Turla hackers also disguised their malware to impersonate cybersecurity software from the Russian cybersecurity company Kaspersky. Kaspersky didn't immediately respond to a request for comment.
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Forbes
an hour ago
- Forbes
Amazon Online Retail Sales Surged 11% In Second Quarter, Ahead Of Amazon Prime Day
Online shoppers came out in full force to power 11% growth in Amazon online store sales, its largest reporting segment, and its second-largest, third-party seller services, advanced 11% in the second quarter ended June 30, all before the big Amazon Prime Day four-day sales event. Amazon Prime delivery person in van sorting packages, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images Amazon total net revenues blew past estimates to reach $167.7 billion, up 13%, and net income rose 35% to $18.2 billion, yet investors were spooked by modest third-quarter earnings guidance and increased cloud and AI competition from Microsoft and Google, causing Amazon shares to slide 8% by week's end, according to CNBC. Amazon Web Services, its business-facing cloud segment, was the fastest-growing unit, up 17% to $30.9 billion, though growth slowed from 19% second quarter 2024 and lagged behind Microsoft Azure and Google Cloud, both of which reported growth over 30% this year. On the consumer side of business, Amazon's online store exceeded Wall Street's $59 billion estimates to reach $61.5 billion and grew more than twice as fast as last year's second quarter when online stores advanced by 5%. Services to its over two million third-party marketplace sellers bettered expectations to reach $40.3 billion, though it grew at about the same pace as last year's second quarter. Advertising services, an important profit driver, reached $15.7 billion, up 23% over previous year, and subscription services grew 12% to $12.2 billion. Third quarter 2025 guidance is for net sales to reach between $174.0 billion and $179.5 billion, a 10% to 13% increase, though operating income is expected to range between $15.5 billion and $20.5 billion, compared to $17.4 billion last year. 'There continues to be a lot of noise about the impact that tariffs will have on retail prices and consumption. Much of it thus far has been wrong and misreported,' CEO Andy Jassy said during the earnings call. He added, 'Through the first half of the year, we haven't yet seen diminishing demand nor prices meaningfully appreciating.' Key Background Amazon's online retail sales increase bettered the industry's 6% non-store sales growth in the second quarter. Second-quarter performance is particularly noteworthy because it doesn't include revenues generated during this year's Prime Day event held July 8-11, 2025. By comparison, second- quarter online revenues this year came in a shade higher than the $61.4 billion generated during last year's third quarter when Prime Day was held. Amazon also reported that Prime membership signups during the three weeks before this year's Prime Day broke records, as did the number of items sold in advance. All of which bodes well for a significant increase over last year's third quarter online store revenues. The long-awaited return of Nike products to Amazon gave this quarter's online sales a boost. Also generating greater customer engagement was the launch of new luxury brands on the platform, including Aveda, Marc Jacobs fragrances, Aveda, Origins and Milk Makeup. In addition, the Saks on Amazon platform added Dolce & Gabbana, Etro, Stella McCartney, Rosetta Getty, and La Prairie this quarter. The Amazon Essentials product line offering everyday low prices continues to gain new adherents and now represents one out of every three units sold. Amazon Pharmacy has advanced 50% year over year. In a new pilot Perishables service for customers ordering other items for same day delivery, it reported 'strong customer adoption' with 20% of customers returning multiple times in their first month. It is also leaning into faster delivery by expanding same-day and next-day delivery to millions of U.S. customers in 4,000 smaller cities, towns and rural communities by the end of 2025. What To Watch For Tariff's impact on Amazon retail prices remain to be seen, as Jassy said, 'It's impossible to know what will happen.' He gave no hint about how prices might be affected once Amazon's advanced inventory is depleted, nor did he reveal how the company or its third-party sellers would deal with prices as costs go up. However, he did state that no matter what happens, Amazon's prices are likely to be lower to consumers 'on the items they care about.' Further Reading Amazon's Gloomy Earnings Forecast Overshadows Better-Than-Expected Results (CNBC, 7/31/2025) Amazon Shares Fall Because Cloud Unit's Growth Wasn't Enough for Wall Street (WSJ, 7/31/2025) Forbes What Amazon Prime Day Sales Say About Upcoming Holiday Shopping Trends By Pamela N. Danziger Forbes Why Amazon's Move Into Rural America Won't Cut Walmart's Retail Lead By Pamela N. Danziger
Business Insider
an hour ago
- Business Insider
Top 3 Trending Stocks, According to Analysts – 8/1/2025
Wondering which stocks are trending today? TipRanks has calculated which stocks have received the greatest number of new ratings from analysts and compiled them into one chart. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Our Trending Stocks By Analysts table lets you screen by the last 30 days, last seven days, or last 72 hours to find the stocks most heavily covered by analysts. Following the page can help clue you in on trending stock picks. Here's a list of the top three most-rated stocks of the past 72 hours (in descending order). Click on any ticker below to see all of TipRanks' unique datasets on the stock. Meta Platforms (META) – This technology company owns Facebook, Instagram, and WhatsApp, and is focused on social media and virtual reality. The stock has received 38 ratings in the past 72 hours, primarily due to Meta's strong Q2 results. The analyst consensus on the stock is a Strong Buy, with an average price target of $860.17, suggesting a potential upside of 14.9%. Microsoft (MSFT) – This technology company is known for its software, hardware, and cloud services, including Windows, Office, and Azure. MSFT stock has been rated by 28 analysts in the past three days. This ratings flood came after Microsoft reported better-than-expected fiscal Q4 results. The analyst consensus on the stock is a Strong Buy. With an average price target of $614.72, the stock's implied upside is 17.54%. Check Point (CHKP) – This cybersecurity company provides software and hardware solutions for network security, data protection, and threat prevention. The stock is also trending, having been rated 23 times in the past 72 hours. These ratings came after CHKP's upbeat second-quarter results. It earned an analyst consensus of Moderate Buy and an average price target of $226, indicating a 19.46% upside. What Is TipRanks' Smart Portfolio? The TipRanks Smart Portfolio offers insights about the stocks you own and enables a full portfolio analysis. It even allows you to compare your portfolio to those of other investors, including top performers. Interestingly, the tool has been upgraded to provide an AI-generated explanation for each holding's stock movement and to track all the assets on your watchlist. Like all TipRanks tools, Smart Portfolio is easy to use and helps you make data-driven investment decisions.
Yahoo
3 hours ago
- Yahoo
Ukraine says it hit Russian targets including refinery and airfield
STORY: :: Ukraine says it hit Russian oil facilities as well as a military airfield and electronics factory :: August 2, 2025 :: Novokuybyshevsk, Russia :: Penza, Russia Eyewitness video released on Saturday (August 2) shows an explosion near a Russian oil facility in Novokuybyshevsk, Russia. Reuters was able to confirm the location of the video from the buildings, the road layout and the trees, which matched file and satellite imagery of the area. The date when the video was recorded could not be verified independently. However, the governor of the Samara region said on August 2 that an enemy drone had struck an industrial enterprise in Novokuybyshevsk. An eyewitness captured video of a drone flying over Penza in Russia on Saturday (August 2), moments before an explosion and rising smoke were seen in the distance. Ukraine's SBU intelligence agency claimed responsibility for striking a factory in the area that it said supplies electronics to Russia's military-industrial complex. Reuters was able to verify the location of the video as Penza from the buildings, the overhead power lines and the road layout, which matched street view imagery of the area. The date when the video was recorded was verified by an official statement from the Security Service of Ukraine, which confirmed a strike on a manufacturing plant in Penza. There was no immediate comment from Russia on the reported attacks on its infrastructure sites. Solve the daily Crossword
