Business

Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%

• Business

Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%

Stock Focus Report February 1, 2024

By Jeffrey Dastin and Akash Sriram (Reuters) -Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales...

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New York Community Bank’s path to $100 billion club and share slide

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New York Community Bank’s path to $100 billion club and share slide

Stock Focus Report February 1, 2024

(This Jan. 31 factbox has been corrected to say $185 million, not $185 billion, in paragraph 11)...

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Shell boosts dividend after $28 billion profit for 2023

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Shell boosts dividend after $28 billion profit for 2023

Stock Focus Report February 1, 2024

By Ron Bousso LONDON (Reuters) -Shell reported a $28 billion profit for 2023 on Thursday after beating...

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Starbucks cuts sales view due to Middle East conflict, warns of weak Q2

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Starbucks cuts sales view due to Middle East conflict, warns of weak Q2

Stock Focus Report January 31, 2024

By Deborah Mary Sophia (Reuters) -Starbucks cut its annual sales forecast on Tuesday as the Israel-Hamas war...

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AMD boosts AI chip forecast by $1.5 billion – not enough for Wall Street

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AMD boosts AI chip forecast by $1.5 billion – not enough for Wall Street

Stock Focus Report January 31, 2024

By Max A. Cherney and Arsheeya Bajwa (Reuters) – Chipmaker AMD on Tuesday boosted its 2024 forecast...

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Nasdaq ends lower ahead of big tech earnings, focus on Fed

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Nasdaq ends lower ahead of big tech earnings, focus on Fed

Stock Focus Report January 31, 2024

By Stephen Culp NEW YORK (Reuters) -The tech-heavy Nasdaq lost ground on Tuesday as the market awaited...

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Microsoft touts AI strength, but shares dip as market digests costs

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Microsoft touts AI strength, but shares dip as market digests costs

Stock Focus Report January 30, 2024

By Stephen Nellis, Yuvraj Malik and Anna Tong (Reuters) -Microsoft beat market estimates for quarterly profit and...

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Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares

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Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares

Stock Focus Report January 30, 2024

By Savyata Mishra (Reuters) -Mondelez International posted a rise in fourth-quarter sales on Tuesday, but price hikes...

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Electronic Arts misses quarterly bookings estimates on lower consumer spending

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Electronic Arts misses quarterly bookings estimates on lower consumer spending

Stock Focus Report January 30, 2024

By Zaheer Kachwala (Reuters) -Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and...

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Exchange operator Nasdaq to cut hundreds of jobs – Bloomberg News

• Business

Exchange operator Nasdaq to cut hundreds of jobs – Bloomberg News

Stock Focus Report January 30, 2024

(Reuters) – Exchange operator Nasdaq is planning to cut hundreds of jobs as it integrates fintech firm...

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