Google's Sales Rebound in Fourth Quarter

The results signal renewed spending in the digital-advertising market during the holiday shopping season. 


 
Microsoft Earnings Jump as AI Excitement Bolsters Cloud Demand

The company posted $62 billion in revenue for the December quarter. That was up 18% from a year earlier and above analysts' estimates for 16% growth. 


 
Starbucks's Sales Growth Slows at Cafes

CEO Laxman Narasimhan says the brand remains strong as it faces challenges. 


 
Oreo Maker Mondelez Saw Slower Growth as Consumers Dial Back Spending. The Stock Is Tumbling.

The packaged-food company had been successful in passing along price increases to consumers. Latest earnings suggest that inflation is finally taking a toll. 


 
AMD comes up short with its outlook, and its stock loses ground after big rally

Shares were dipping in Tuesday's extended session after the company came up shy with its latest outlook. 


 
PayPal to Cut Global Workforce by 9% as Part of Turnaround Plan

The digital payments company's head-count reduction comes on top of a prior round of layoffs of 7% last year and will be made through direct cuts and the elimination of open roles. 


 
UPS to Cut 12,000 Jobs and Mandate Return to Offices Five Days a Week

CEO Carol Tomé said the cuts are a part of efforts to change how the company works amid a slowdown in shipments. 


 
GM Bullish Outlook Boosted by New Gas Models, Narrower EV Losses

The automaker plans to introduce some plug-in hybrid models as it forecasts better-than-expected earnings. 


 
Dish Network Scraps Swap Deal to Push Out Debt Maturity

The EchoStar subsidiary ended an offer to swap billions of dollars in unsecured notes for longer-dated secured debt. 


 
Citigroup Sued Over Handling of Online Scams

New York Attorney General Letitia James wants the bank to pay back defrauded customers.


(END) Dow Jones Newswires

01-30-24 1715ET