Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Text size Investors are looking for evidence that Amazon.com is making progress on its push to rein in costs. David Ryder/Bloomberg Amazon . com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the … Read more

Meta Platforms Shares Surge on Cost Cuts, Stock Buyback

Business Shares of social media companies are on pace for the largest percentage increase in nearly a decade

Apple, Amazon and Alphabet earnings are coming. Here’s what the stock options market is bracing for.

The options market has prepared for bigger-than-usual moves in the stocks of a trio of trillion-dollar companies, the day after they report quarterly earnings results. That’s because the implied volatility, or how much a stock can be expected to move over a certain period, of the stocks for Apple Inc. AAPL, +2.54%, Alphabet Inc. GOOGLE, … Read more

FTC Loses Antitrust Challenge to Facebook Parent Meta

Tech Judge denies agency’s request for injunction blocking Meta’s proposed acquisition of virtual-reality startup

Meta, Shell, Apple, Alphabet, Amazon, and More Stock Market Movers

Text size Meta Platforms, the parent company of Facebook, announced a new buyback plan of $40 billion. Justin Sullivan/Getty Images Stock futures were mostly higher Thursday, adding to the previous session’s gains after the Federal Reserve boosted interest rates by a quarter of a percentage point and Fed Chairman Jerome Powell said the central bank’s … Read more

Meta Results Are Mixed But the Stock Is Soaring on Expense Cuts

Text size A Meta employee demonstrates the Meta Quest Pro VR Headset in Las Vegas in January. Robyn Beck/AFP/Getty Images Meta Platforms shares spiked in late trading Wednesday after the company disclosed fourth quarter financial results and announced a new round of cuts to its 2023 spending plan. In another shareholder friendly move, the Facebook … Read more

Snap Warns of Sales Drop After Revenue Growth Stalls

Business Earnings Snapchat’s parent company is struggling to revive growth with the digital advertising market in upheaval

Exxon Vaults to Record Annual Profit of $55.7 Billion

Business Earnings Only Apple and Microsoft so far have surpassed Exxon’s fiscal 2022 profit as the oil giant capitalized on high commodity prices

Asian markets dip in muted trading ahead of Fed meeting

TOKYO — Asian shares mostly fell in muted trading Tuesday as investors awaited decisions on interest rates and earnings reports from around the world. Traders were awaiting the US Federal Reserve’s decision on interest rates, expected on Wednesday. They are also watching for indicators on the Chinese economy, the region’s key engine for growth. Japan’s … Read more

When the Layoff Is an Email, It’s Nothing Personal

At first, Jeremy Joslin thought the email announcing his layoff was a phishing attempt. It was 5:30 am in California when he saw it, and with so many technology job cuts afoot, the Google software engineer thought a scammer was trying to capitalize on the news. The message, sent to his personal inbox, directed him … Read more