Dow Jones Top Company Headlines at 11 PM ET: Samsung Posts Fourth Straight Quarter of Record Earnings | Tech ...
Dow Jones2026/10/29 03:00Samsung Posts Fourth Straight Quarter of Record Earnings
The company reported its fourth consecutive quarter of record earnings, though the results missed lofty analyst expectations.
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Tech Giants Ramp Up Resistance to ICE in Bid to Avoid Democratic Scrutiny
Google, Meta and other tech firms are pushing back against broad ICE demands for user data as the federal agency scours platforms for immigration speech.
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The Beleaguered Chip Sellers Getting Their Revenge on Apple
The iPhone maker for years bullied flash-storage makers into steep discounts-until AI hyperscalers bid up prices and gobbled up supply.
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Weil Gotshal Taps AlixPartners to Steer Wind-Down
The restructuring advisory firm will help dissolve the New York law firm after a wave of partner departures forced it to announce Wednesday it was shutting down.
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Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
The company's cloud business growth continued to accelerate, contributing to a higher profit and easing jitters over potential returns from the AI build-out.
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Google Shares Fall 10% as Growth in Search Revenue Slows
Despite strength in its cloud-computing division, the company had negative free cash flow of $9.1 billion.
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Berkshire Likely Has a Loss on Its Big Alphabet Stake After Earnings Miss
Retired Chair Warren Buffett said it was his decision to buy the Alphabet shares.
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FedEx Lifts Outlook as Shipping Rates, Volumes Drive Revenue Growth
The shipping company now expects revenue to grow around 12% for the calendar year.
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EBay Sales Rise on Strength in Collectibles, Live Shopping
CEO Jamie Iannone said the e-commerce platform is seeing broad-based momentum across its key categories, with collectibles remaining its biggest growth driver.
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Ford's Weaker Vehicle Sales Drive Down Profit, Revenue
The automaker reported a lower profit of $2.05 billion in the third quarter, pressured by persistent losses in its electric-vehicle unit and softer sales across its gas and hybrid models.
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T-Mobile Profit, Revenue Rise on Postpaid Growth
The cell carrier now expects full-year postpaid net account additions at the midpoint of its prior guidance range and it also narrowed its profit forecast for the year.
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Carvana Profit Soars as Vehicle Sales Climb Nearly 40%
The online used-car retailer reported a third-quarter profit of $289 million, up from $151 million a year earlier.
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Honeywell Aerospace Logs Higher Third-Quarter Profit, Revenue on Continued Demand
The company, which was spun off from Honeywell International earlier this year, posted a quarterly profit of $726 million, up from $644 million in last year's comparable period.
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MGM Says Deal Talks With Barry Diller's People Incorporated Are Over
People withdrew its offer to buy MGM last month; soon after, The Wall Street Journal reported that MGM was considering a potential bid for People.
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Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb
The company's third-quarter revenue rose 9.6% to $3.29 billion, primarily driven by new restaurant openings and an increase in comparable restaurant sales.
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Pilgrim's Pride Profit Falls as Supply Outpaces Demand
The company posted net income of $117.6 million as supply for chicken products continued to exceed demand.
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Airbus Posts Lower Earnings as It Seeks to Ramp Up Plane Deliveries
The European plane maker said third-quarter adjusted earnings declined 9% from a year earlier while revenue slipped 2%.
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Campari Says Aperitifs, Tequila Are Driving Sales
Davide Campari-Milano said a strategy of focusing on a smaller number of core brands is paying off, with sales growing across regions over the first nine months of the year, though it signaled continued weakness in the U.S. market.
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Dropbox to Cut About 6% of Global Workforce
Dropbox is cutting jobs globally in a move it says will align its workforce with investments and its top product and growth priorities
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Nelson Peltz's Trian Offers to Buy Wendy's for $1.4 Billion
The chain's shares have been down roughly 70% over the past five years.
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GE Vernova to Buy Grid-Equipment Manufacturer for $9 Billion as Energy Demand Grows
The energy company, formed from the breakup of General Electric, said the acquisition will create scale across its electrification portfolio.
(END) Dow Jones Newswires
October 28, 2026 23:00 ET (03:00 GMT)
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