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Provided Content: Content provided by Associated Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Alphabet, Thermo Fisher fall; Microsoft, General Dynamics rise, Wednesday, 10/25/2023

Associated Press - Wed Oct 25, 2023

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:

Microsoft Corp., up $10.14 to $340.67.

The software giant reported strong fiscal first-quarter earnings and revenue.

Alphabet Inc., down $13.20 to $125.61.

The owner of search engine giant Google reported disappointing revenue for its cloud computing division.

Thermo Fisher Scientific Inc., down $25.08 to $433.18.

The maker of scientific instrument and laboratory supplies trimmed its profit forecast for the year.

Waste Management Inc., up $9.44 to $164.07.

The garbage and recycling hauler beat analysts' third-quarter earnings forecasts.

General Dynamics Corp., up $9.40 to $242.40.

The defense contractor beat Wall Street's third-quarter financial forecasts.

Texas Instruments Inc., down $5.13 to $141.79.

The chipmaker gave investors a weak profit forecast for its current quarter.

Hawaiian Holdings Inc., down 17 cents to $4.13.

The parent company of Hawaiian Airlines reported weak third-quarter financial results.

Stride Inc., up $8.02 to $52.52.

The online education company gave investors a strong revenue forecast.