Alphabet misses on earnings and revenue as YouTube falls short
Google's core business is mired in a period of slow growth as businesses reel in ad spending.
Apple sales drop 5% in largest quarterly revenue decline since 2016
Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.
UBS gets a boost from higher interest rates, but warns of ‘uncertain’ year ahead
UBS' fourth-quarter profit beat market expectations, but the Swiss banking giant warned of an "uncertain" year ahead.
UPS revenue falls short of expectations despite growth in U.S. business
UPS posted revenue below analyst's estimates as it continues to navigate volume declines as demand cools.
GM smashes expectations and guides toward a strong 2023, despite margin squeeze
The strong results and guidance come as the U.S. automotive industry is beginning to normalize after several years of record-low inventories.
McDonald’s profit grows as inflation-weary customers flock to its restaurants
McDonald's is expecting that short-term inflation will continue in 2023.
Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022
The pharmaceutical company booked $100.3 billion for full-year 2022, an all-time high.
Spotify shares pop 12% on strong user growth
Spotify reported fourth-quarter earnings. The company reported 205 million paid subscribers, up 14% from a year ago.
Snap shares plunge on weak revenue as digital ad struggles continue
Snap missed on revenue in its fourth-quarter earnings report and the company said revenue in the first quarter is likely to drop.