Check out the companies making headlines before the bell. Alphabet — 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 — 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 — 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 — 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 — 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 – 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…
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