Check out the companies making headlines before the bell. Alphabet \u2014 Alphabet’s stock declined 5.2% after posting disappointing fourth-quarter advertising revenue . The Google parent topped Wall Street’s expectations on the top and bottom lines, but recorded advertising revenue of $65.52 billion. That fell short of the $65.94 billion expected by analysts polled by StreetAccount. Paramount Global \u2014 The media company’s stock surged more than 13% in premarket trading on news that billionaire entrepreneur Byron Allen submitted a $14.3 billion takeover offer . The deal values Paramount at about $30 billion, including debt and equity. Advanced Micro Devices \u2014 The semiconductor company’s shares slid 4.3% after posting fourth-quarter earnings Tuesday that came out in line with consensus expectations. AMD beat quarterly revenue estimates, but also gave a softer-than-expected first-quarter forecast. For the first quarter, the company said it expects roughly $5.4 billion in sales, plus or minus $300 million, while analysts had forecasted a revenue of $5.73 billion. Microsoft \u2014 Shares edged lower by 0.2% after the tech giant beat on top and bottom lines for its fiscal second quarter, but issued a lighter-than-expected third-quarter revenue outlook. The stock had slipped as much as 2% in extended trading immediately after the results were released. Boeing \u2014 The airline stock gained 1.3% after Boeing narrowed its losses at the end of last year, reporting an adjusted loss per share of 47 cents, compared to analysts’ consensus expectations of 78 cents. Revenue of $22.02 billion beat analysts’ forecast of $21.1 billion, per LSEG. Boeing’s CEO said now is “not the time” for financial targets as the company deals with fallout from its fuselage panel blowout incident earlier this month. Starbucks \u2013 Shares of the coffee chain were higher in premarket trading even after a disappointing financial update for its fiscal first quarter. Starbucks posted earnings per share of 90 cents, falling below analysts’ expectations by 3 cents, according to LSEG. Revenue slightly missed estimates too, coming it at $9.43 billion versus the $9.59 billion expected. The stock initially fell in extended trading Tuesday but has since recovered and is now higher by 4.7%. Tesla \u2014 Shares of the electric vehicle maker fell 2.9% after a Delaware judge on Tuesday rejected Tesla CEO Elon Musk ‘s $56 billion pay package, saying that the company’s board of directors failed to prove “that the compensation plan was fair. Mondelez International \u2014 Shares of the snack maker dropped 4.4% after the company reported a slowdown in growth for the fourth quarter and said it expects muted growth in comparable sales for 2024. Mondelez did post a beat on fourth-quarter adjusted earnings per share and in-line revenue, however. SoFi Technologies \u2014 The digital banking stock lost 3.1% on the heels of a Morgan Stanley downgrade to underweight from equal weight. Morgan Stanley pointed to revenue headwinds and execution risks that can hamper profitability goals. Manhattan Associates \u2014 The supply chain software provider surged 11% premarket after fourth quarter earnings and revenue topped analysts’ highest estimates, and issued first quarter financial guidance that also surpassed expectations. \u2014 CNBC’s Tanaya Macheel, Alex Harring, Samantha Subin, Yun Li and Scott Schnipper contributed reporting.<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making headlines before the bell. Alphabet \u2014 Alphabet’s stock declined 5.2% after posting disappointing fourth-quarter advertising revenue . The Google parent topped Wall Street’s expectations on the top and bottom lines, but recorded advertising revenue of $65.52 billion. That fell short of the $65.94 billion expected by analysts polled by StreetAccount.…<\/p>\n","protected":false},"author":1,"featured_media":64744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-64743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n