Dow Jones Top Company Headlines at 7 AM ET: Meta Reports Record Sales, Massive Spending Hike on AI Buildout | Meta ...

Dow Jones
Jan 29

Meta Reports Record Sales, Massive Spending Hike on AI Buildout

The company says its sales were about $60 billion in the fourth quarter for a year-over-year growth rate of 24%.

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Meta Overshadows Microsoft by Showing AI Payoff in Ad Business

The Facebook parent's results highlight the advantages of its simpler, ad-focused business model.

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Carlyle Edges Ahead in Race for Lukoil's International Assets

The private-equity firm agreed to a provisional deal for the sanctioned Russian energy giant's overseas oil fields and gas stations.

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SAP Shares Slump After Cloud Backlog, Guidance Disappoint

SAP shares plunged after the German business-software group's cloud backlog and sales guidance disappointed investors.

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Toyota Remains World's Top-Selling Automaker

The Japanese company cemented its position as the world's top-selling carmaker for 2025.

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Hyundai Flags Challenges as Profit Slumps on Tariff Hit

The South Korean automaker said President Trump's tariffs cost the company an estimated $2.87 billion last year and it expects a similar hit in 2026.

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Nokia Reports Jump In Sales From AI And Cloud Customers

Nokia reported a sharp rise in sales of its network infrastructure equipment but it disappointed investors with softer guidance for the year ahead, sending shares lower.

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Roche Forecasts 2026 Growth, Cites Drug-Pipeline Strength

The Swiss drugmaker expects sales and core earnings per share to grow at constant currencies this year, partly due to the strength of its drug pipeline.

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Deutsche Bank Profit Beats Views on Lighter Costs

Growth at its investment bank and asset-management arm helped to grow its bottom line.

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Glencore's 2025 Copper Production Falls Despite Second-Half Recovery

The Anglo-Swiss mining and trading company said copper production fell 11% last year, though production was almost 50% higher in the second-half of 2025 than in the first six months.

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Alibaba Teams Up With Zelos on $2 Billion Robovan Business

Alibaba's logistics arm is merging its autonomous-driving unit with Chinese robovan specialist Zelos Technology.

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Samsung Profit Beats as Chip Earnings Soar on Strong Demand

Earnings at the company's core semiconductor business rose sharply amid demand for advanced chips needed for the AI infrastructure build-out.

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Apple Supplier STMicroelectronics Flags Improving Chip Sales

The European chip maker returned to year-over-year growth as customers sought chips for personal electronics, communications, computer peripherals and industrial machinery.

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Microsoft's Earnings Surge Is Overshadowed by Data-Center Spending

Higher-than-anticipated capital spending and slower growth in cloud computing are weighing on shares.

 

(END) Dow Jones Newswires

January 29, 2026 07:00 ET (12:00 GMT)

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