• Twitter posted a net loss Tuesday due mostly to a lawsuit settlement, but its revenue rose sharply in the third quarter, boosted by solid ad sales around the globe.

The San Francisco-based company said Tuesday that its net loss was $536.8 million, or 67 cents per share, in the July-september quarter. That’s down from a profit of $28.7 million, or 4 cents per share, in the same period a year earlier. The loss included a one-time net charge of $766 million from a shareholder lawsuit the company settled. Twitter said last month that it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform.

Revenue rose 37% to $1.28 billion from $936.2 million.

• Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-september quarter over the same time last year.

The Redmond, Wash.-based tech company on Tuesday reported quarterly profit of $17.2 billion, or $2.27 per share, beating Wall Street expectations of $2.08 per share.

Microsoft profits have soared throughout the pandemic thanks to ongoing demand for its software and cloud computing services for remote work and study.

Microsoft posted revenue of $45.3 billion in its fiscal first quarter, up 22% from last year. Analysts had been looking for revenue of $44 billion, according to Factset Research.

• A continued rebound in digital ad spending at Google drove its parent company’s profit up 68% in the third quarter.

Mountain View, Calif.-based Alphabet said Tuesday that it earned $18.94 billion, or $27.99 per share, in the July-september period. Revenue rose 41% to $65.12 billion.

Analysts polled by Factset expected earnings of $23.73 per share on revenue of $63.53 billion. Shares were nearly unchanged in after-market trading.

• Profits at payments giant Visa jumped in its most-recent quarter, driven by consumers and businesses getting back to spending on their credit and debit cards after the pandemic. The San Francisco-based company said Tuesday that it earned $3.58 billion in its fiscal fourth quarter that ended Sept. 30, or $1.65 a share. That’s was up from a profit of $2.14 billion, or 97 cents per share, in the same period a year earlier.

Excluding one-time adjustments, Visa earned $1.62 a share, up 42% from a year earlier. Analysts had been expected $1.55 a share, according to Factset.

• Raytheon Technologies raised its forecast for full-year adjusted profit on Tuesday, as rising commercial air travel boosted demand for the aerospace and defense firm’s engines, spare parts and aftermarket services.

The maker of Tomahawk missiles reported that net income rose to $1.39 billion, or 93 cents per share, in the third quarter ended Sept. 30 from $264 million, or 17 cents per share, a year earlier. But Raytheon’s’ top boss warned that the U.S. firm will lose “several thousand” employees who refused to take COVID-19 vaccines, as it prepares to meet the Biden administration’s Jan. 1 deadline for immunization.

• 3M lowered its full-year earnings outlook on Tuesday and said it would increase product prices to combat inflationary and supply chain pressures plaguing U.S. manufacturers. The industrial giant, however, reported a better-than-expected quarterly profit and revenue on the back of sales growth across its business units.

Net sales in the third quarter rose 7.1% to $8.94 billion, beating expectations of $8.67 billion.

• United Parcel Service reported better-than-expected quarterly profit and revenue Tuesday, bolstered by strong e-commerce demand that has driven the delivery giant to raise rates and cherry-pick more profitable customers. Total revenue rose 9.2% to $23.2 billion for the third quarter. Adjusted operating profit jumped 23.4% to $2.9 billion, or $2.71 per share, above the average analyst estimate of $2.55.

• Hasbro beat quarterly profit estimates on Tuesday, helped by a rebound in its TV and film production business that cushioned some of the impact from toy shipment delays due to global supply chain bottlenecks. Productions such as “My Little Pony” for Netflix and the musical “Come From Away” for Apple TV+ from Hasbro’s entertainment business boosted the unit’s third-quarter revenue by 76% from a year ago, when filming was largely shut down by the pandemic. Hasbro said quarterly adjusted net earnings rose 5% to $271.2 million, or $1.96 per share, beating analysts’ estimates of $1.69 per share.

• General Electric raised its full-year earnings forecast on Tuesday after a recovery in its jet-engine business helped it report higher-than-expected quarterly profit. Adjusted profit for the third quarter was 57 cents a share. Analysts on average expected 43 cents per share, according to Refinitiv data.

The industrial conglomerate, however, said it faced a “challenging” operating environment because of global supply chain disruptions and uncertainty over whether production tax credits for onshore wind investments will be extended over the long term in President Joe Biden’s infrastructure bill.