Pinterest Cuts Jobs to Focus on AI Growth
Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
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Meta Teams Up with Corning for $6B Fiber-Optic Deal to Boost AI Data Centers
Meta signs a multiyear $6 billion agreement with Corning to supply fiber-optic cables, expand U.S. AI data centers, and create skilled jobs in North Carolina.
RTX Q4 Revenue and Profit Rise on Strong Engine Sales
Aerospace and defense giant RTX posts higher Q4 revenue and profit, boosted by F135 engine sales and commercial aircraft maintenance demand.
American Airlines Forecasts Strong 2026 Despite Winter Storm Setback
American Airlines (AAL) projects earnings of $1.70-$2.70 per share for 2026 and over $2B in cash flow, despite a $150-200M hit from Winter Storm Fern that caused 9,000+ cancellations.
GM Expects Profit Growth Up to $2B in 2026, Boosts Shareholder Returns
General Motors (GM) projects $13-15B in adjusted earnings for 2026, announces $6B share buyback program and 20% dividend increase, driven by strong truck and SUV sales despite EV pullback.
Boeing Reports Strong Q4 Recovery: Cash Flow Positive for Second Straight Quarter
Boeing (BA) generates $375M in free cash flow and delivers 160 aircraft in Q4 2025, marking continued recovery under CEO Kelly Ortberg's leadership despite ongoing challenges.