Equity Group net profit rises 32pc to Sh54.1bn in Q3

Microsoft reports Q1 results with revenue, net income increases

Analysis: Microsoft reported strong financial results for the first quarter of its 2026 fiscal year, exceeding expectations with significant increases in revenue, net income, and operating income. The growth was largely driven by its cloud and AI initiatives, as highlighted by CEO Satya Nadella.

Boeing hit with $5bn in penalties as new jet delayed

Analysis: Boeing faces a significant financial blow as delays in its new 777X aircraft production will cost the company $5 billion in late delivery penalties. The anticipated delivery date for the 777X has been pushed back to 2027 due to regulatory hurdles, despite a surge in international travel demand.