General Motors Co. is mulling a shift from mainstream models in China by focusing primarily on luxury vehicles as it struggles to bounce back from years of declining sales and profits in the world’s largest car market.
UPS shares drop significantly after disappointing financial report, leading to 12k job cuts in response to rising costs and declining sales. 2024 projections also indicate struggles due to market pressures.
Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand The company s partnership with OpenAI has helped power new artificial-intelligence businesses.
Google s Cloud.
The company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts expectations and a step up from growth of 11% during the.