Amazon Shares Sink as Company Boosts AI Spending by Nearly 60%
The company reported that its cloud-computing growth has been slower than rivals.
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Rio Tinto, Glencore Abandon Megadeal Talks
A deal would have created the world's largest mining company, worth more than $200 billion. Glencore shares dropped 7%.
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News Corp Revenue Rises on Growth at Dow Jones, Real-Estate Divisions
The media company's CEO said there are 'favorable signs' for the second half of its fiscal year.
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Bitcoin Booster's $12 Billion Loss Headlines Crypto's Worst Day Since 2022 Crash
Shares of Strategy, Michael Saylor's bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.
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Reddit Logs Higher Fourth-Quarter Profit as Ad Revenue Jumps
The social media company posted a quarterly profit of $252 million, up from $71 million a year earlier.
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Roblox Guides for Higher Revenue in 2026
The videogame company said it projects revenue up 23% to 29% this year, following 43% revenue growth in its latest quarter.
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Affirm Sales Jump Driven by Higher Gross Merchandise Volume
The buy now, pay later company recorded a 30% increase in sales in its fiscal second quarter.
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Coty Swings to Second-Quarter Loss, Withdraws Fiscal-Year Guidance
The house of beauty and fragrance brands posted a quarterly loss of $126.9 million, compared with a profit of $20.4 million a year earlier.
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Volkswagen, UAW Agree to 20% Wage Hike for Tennessee Plant Workers
The company and union have been in talks for a year-and-a-half on their high-stakes first contract.
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Bob's Discount Furniture Bets on Value as It Heads to Public Market
The furniture chain is betting its low-price model can carry it through economic uncertainty and fuel its next phase of growth, following a volatile period for the home-furnishings industry marked by a sluggish housing market and tariffs.
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Barrick Aims for IPO of North American Gold Assets This Year
Barrick Mining said it will break off its North American gold assets into a separate company as the miner seeks to boost value at a time when prices for the precious metal have soared.
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ConocoPhillips Posts Weaker Profit on Lower Prices
ConocoPhillips' fourth-quarter earnings fell, hurt by lower prices that were slightly offset by higher production.
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TPG Posts Record Fundraising and Investment Volumes in 2025
The private markets firm's chief executive said he sees opportunity in market turmoil.
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Novo Nordisk Accuses Hims & Hers of 'Illegal Mass Compounding' Over Cheaper Wegovy Version
Hims & Hers said it would begin offering copies of Wegovy for an introductory price of $49 for the first month with a five-month plan.
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Peloton Revenue Falls on Declining Subscriptions as CFO Leaves
Peloton's revenue was down in the fiscal second quarter on falling subscription numbers as the company projected further declines going into the third quarter.
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KKR Executives Downplay Impact of AI Disruption
In discussing Q4 earnings, the private-markets firm said it isn't changing its return forecasts despite market turbulence over the software sector.
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Banco De Sabadell Appoints TSB's Marc Armengol as Next CEO
Marc Armengol, who currently serves as the CEO of TSB, will take over from Cesar Gonzalez-Bueno, who is widely credited for his work fending off a hostile takeover bid by larger rival BBVA.
(END) Dow Jones Newswires
February 05, 2026 19:00 ET (00:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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