U.S. stock news before the market.

"01" U.S. United Bank earnings Q4 released, loans and deposit averages fell together

United Bank of America (USB) releases Q4 earnings report, revenue at 67.$600 million, below market expectations of 68.$700 million, EPS is 0.$99, higher than market expectations of 0.At $9, the bank's business declined slightly, with average deposits falling from $512.3 billion to $502.8 billion and average loans falling from $376.9 billion to $372.9 billion, the bank's chief executive, Andrew Cecere, added that the core capital adequacy ratio grew to $9 in the quarter through stable fee income, cost management and an increase in common equity Tier 1 capital..9%, and also through the acquisition of United Bank, bringing a combined effect of $900 million.。

"02" Google advertising department will lay off hundreds of people

According to a memo sent to employees by Philipp Schindler, Business Insider, Google (GOOGL) will lay off its advertising sales department, expect to lay off hundreds of employees, change the mode of operation of its sales team, Google will devote more customer service resources to medium-sized enterprise customers, and for large-scale enterprise customers, the company will mainly assist them in transformation and growth, and in the future with more AI technology to help enterprises optimize their advertising effectiveness。

Google Pay joins forces with Indian payment system to expand global services

Google (GOOGL) will cooperate with the National Payment Company of India (NCPI) on the payment system in an attempt to extend the Indian Unified Payment Street UPI service to countries outside India so that Indian travelers can easily trade through the system in other countries, NCPI Chief Executive Ritesh Shula said that through the combination with Google Pay, merchants no longer need to rely on multiple payment platforms to deal with consumers in various countries, and further cascading merchants to expand the influence of。

"04" 2025 oil will be in short supply

Occidental Petroleum Corporation (OXY) CEO Vicki Hollub said at the World Economic Forum that if oil exploration activities cannot meet market demand, the oil market will begin to be in short supply in 2025.。

Mexico Pacific signs 20-year supply agreement with ExxonMobil

Mexico Pacific and ExxonMobil (XOM) have reached an agreement that the company will provide ExxonMobil with an additional 1.2 million tons of LNG per year for the next 20 years, the two companies will trade through shipboard delivery, and through the new contract, Mexico Pacific will be able to further expand its Saguaro Energia LNG plant, which currently delivers 15 million tons of LNG to Asia annually, worth more than $15 billion.。

"06" Tesla Model Y models cut prices in Europe

Tesla (TSLA) cut the sales price of some European Model Y, the reduction countries include Germany; France, Norway and the Netherlands, of which the Model Y Long Range model in Germany down as much as 9%, other models are only slightly reduced, Tesla's price reduction is likely to affect the pricing strategy of other manufacturers, leading to other manufacturers to follow, in addition, due to the Red Sea situation, there are currently some parts shortage, resulting in the shutdown of Tesla Berlin Br。

Other news:

* Nokia (NOK) Announces Will Invest 3.600 million euros in two factories in Germany to improve the competitiveness of its software, hardware and 5G / 6G chip design

* Pfizer (PFE) 's recent acquisition of Seagen (SGEN)' s cancer therapy Enhertu patent claim against Daiichi Sankyo and Asteriecon (AZN) was invalidated by the U.S. Patent and Trademark Office

* European Central Bank President Christine Lagarde said the ECB is likely to cut interest rates in the summer, but depending on market performance, inflation is not yet at the expected level

* U.S. retail sales reported $709.9 billion in December, up 0 percent from the previous quarter..6%, higher than market expectations of 0.4% increase, while core retail sales grew 0.4%

* Target Department Store (TGT) Announces Will Issue 1.$1 dividend