Shares of technology companies rose amid renewed optimism about the artificial intelligence boom.
Microsoft ticked down ahead of the software giant's earnings report and fell sharply in late trading as AI gains were not as significant as anticipated.
Meta Platforms shares rose slightly in late trading after the Facebook owner, another major AI player, posted robust growth in quarterly revenue and outlined ambitious AI strategy plans.
ASML Holding, the maker of the world's most advanced semiconductor-manufacturing equipment, posted record quarterly orders, a sign that AI-related demand remains strong.
Google will pay $135 million to settle a lawsuit that alleged the Alphabet unit programmed its Android operating system to illegally collect consumers' cellular data.
Amazon.com said it would cut around 16,000 corporate employees, the latest step in the technology giant's efforts to slim down its workforce.
Shares in high-flying used-car retailer Carvana slid after the release of a short seller's report that alleges the company's earnings are "far more dependent" than previously known on private companies linked to Carvana's controlling shareholders.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-28-26 1923ET
