From Nasdaq:

Infosys Ltd.’s (INFY) shares surged 4% after the company retrenched several hundred manpower across the company to focus on its “biggest product priorities.” Shares of Alphabet Inc. (GOOGL) dropped 0.1% after posting third-quarter fiscal 2024 adjusted earnings per share of $0.04, in line with the Zacks Consensus Estimate. CVS Health Corp.’s (CVS) shares fell 0.4% after the company decided to close select pharmacy stores inside Target Corp. (TGT) stores. Shares of Citigroup Inc. (C) slid 1.8% following concerns that its fourth-quarter earnings may impacted after the company booked $3.8 billion in combined charges and reserves.

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Read more: Company News for Jan 12, 2024