Google Ad Revenue Drops for Second Straight Quarter
The search giant (NASDAQ:GOOGL) is trying to jump-start growth amid a volatile digital ad market and competition in AI.
Microsoft Shares Climb After It Posts Stronger-Than-Expected Growth
The software giant’s (NASDAQ:MSFT) cloud computing business has decelerated as companies become more cautious.
Visa earnings top expectations as payment volume rises 10%
Shares of Visa were headed 2% higher in after-hours trading Tuesday after the payment-technology giant easily topped profit expectations for its latest quarter.
PacWest stock surges 15% as bank says deposits have been building in recent weeks
Shares of PacWest Bancorp were shooting 8% higher in Tuesday’s aftermarket trading after the regional bank disclosed a rise in deposits in recent weeks.
Gap Plans to Lay Off Hundreds of Corporate Workers in Latest Cuts
The retail chain plans to shed a larger number of workers than it did in September.
GM Raises 2023 Profit Outlook, Kills Off Chevy Bolt EV
GM raised its full-year profit outlook and said it would drop the Bolt, as it moves to newer battery technology.
BAT Pleads Guilty to Violating U.S. Sanctions on North Korea
The U.K.-based maker of Lucky Strikes will pay $635 million to resolve charges.
TikTok, Twitter, Meta Face Countdown to Comply With West’s Toughest Content Law
The world’s most far-reaching digital-content law will oblige 19 social-media, search and e-commerce services to comply with strict new rules by late August.
3M to Cut Thousands More Jobs as Sales Struggle
The company also reported lower income and sales for the first quarter.
First Republic Bank Shares Sink More Than 40% After Earnings Report
First Republic Bank shares fell sharply Tuesday, a day after it reported first-quarter results that showed a deposit hemorrhage that was worse than expected.
(END) Dow Jones Newswires
April 25, 2023 17:15 ET (21:15 GMT)
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