Microsoft to Double Data Center Footprint in Two Years
The company is seeing more demand for its cloud computing and AI services than it can keep up with, a challenge that is supercharging profits.
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Google Revenue Soars to Record as AI Boom Lifts Cloud Business
The tech giant says AI spending is set to reach up to $93 billion this year, which it can finance with profit from its advertising and cloud units.
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Meta Shares Fall on Accelerating AI Spending Despite Record Revenue
The tech company warned of "aggressive" capital expenditure growth, sending shares down more than 8% in after-hours trading.
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Starbucks Cafe Sales Stabilize After Year-and-a-Half-Long Slide
The Seattle company reported flat U.S. same-store sales for its fourth quarter.
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Chipotle's Earnings Perfectly Matched Estimates. Why the Stock Is Dropping.
The company lowered guidance, suggesting it sees a pullback in demand ahead.
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Ebay Third-Quarter Sales, Merchandise Volume Rise
The online marketplace posted a profit of $632 million, boosted by a 10% bump in merchandise volume.
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Prudential Financial Profit Climbs From Strong Market
Prudential Financial logged a big jump in earnings for the third quarter thanks to favorable market conditions and higher net inflows of client funds.
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Pilgrim's Pride Third-Quarter Sales Rise on Demand for Chicken
Pilgrim's Pride logged a lower profit despite higher sales in its latest quarter as consumers continued to choose chicken over more expensive sources of protein.
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Carvana Revenue Up as Retail Units Sold Jump
The online used-car seller said revenue climbed to $5.65 billion from $3.66 billion a year ago as units sold climbed 44% to 155,941.
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MGM Resorts Swings to Loss on Charges Tied to N.Y. Casino
The Las Vegas-based hotel and casino operator bottom line was hit by a $256 million noncash goodwill impairment charge tied to withdrawing an application for a New York casino.
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General Motors Lays Off More Than 3,300 Electric-Vehicle Workers in U.S. Plants
The automaker is cutting jobs in Michigan, Ohio and Tennessee as it adapts to an evolving regulatory environment.
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Sprouts Farmers Market Grows Third-Quarter Profit; Sees Lukewarm Same-Store Sales Ahead
The grocery-store chain logged a profit of $120.1 million, but said same-store sales could be flat in the current quarter.
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ServiceNow Raises Full-Year Outlook as AI Demand Surges
CEO Bill McDermott said companies are finding that their business processes are disconnected, and are looking to unify their cloud, language models and data sources under a single AI-driven platform.
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Booking Awaits OpenAI's Next Move as Chatbots Shake Up Travel-Agency Competition
Travelers are changing how they plan their vacations, but Booking's chief executive thinks the online travel agency can keep up.
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Fiserv Erases $30 Billion in Market Value After New CEO Pulls Guidance
Shares tumbled after the payments company, formerly led by Trump appointee Frank Bisignano, said its previous outlook is unachievable.
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Paramount Lays Off Thousands of Workers, Including at CBS
CEO David Ellison cited "evolving priorities" for staff reductions across the organization.
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Boeing Books Nearly $5 Billion Charge for 777X Delays
The company pushed back the first delivery of its new 777X model to 2027 after falling behind schedule on some certification milestones.
(END) Dow Jones Newswires
October 29, 2025 19:00 ET (23:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.