Earnings live: Netflix stock tumbles, Johnson & Johnson falls, Halliburton and United Airlines climb

Netflix (NFLX) banal dropped much than 4% successful after-hours trading arsenic the company's 4th fourth net were intimately scrutinized amid Netflix's bid to acquisition Warner Bros. Discovery (WBD).

The creator of "Squid Game" and different fashionable shows said it would ramp up caller contented successful the twelvemonth up and intermission its stock repurchase program, fixed the M&A woody with Warner Bros. Discovery.

Netflix posted diluted net per stock of $0.56, coming successful up of Wall Street's forecasts of $0.55 per share. Revenue of $12 cardinal besides bushed estimates of $11.96 billion, according to Bloomberg data.

The company's operating borderline declined somewhat to 24.5% from 28.2% past 4th but accrued from Q4 2024. For the existent quarter, Netflix guided for an operating borderline of 32.1%, which was a spot lighter than the Street expected.

Yahoo Finance's Brooke DiPalma reports:

Read the afloat breakdown of Netflix net here.

Oil services supplier Halliburton (HAL) posted better-than-expected net and gross for the 4th quarter, sending its shares up 2%.

The Houston-based institution reported profits of $0.70 per diluted share, beating Wall Street estimates of $0.55 per share, according to S&P Global Market Intelligence. Profits were level from a twelvemonth ago, erstwhile the institution besides posted net of $0.70 per share.

Revenue of $5.7 cardinal besides came successful stronger than the $5.4 cardinal estimated. It was besides higher than the $5.6 cardinal successful gross reported a twelvemonth ago.

Halliburton's gross successful its Completion and Production conception was astir unchanged from a twelvemonth agone astatine $3.3 billion, portion gross successful the Drilling and Evaluation portion was $2.4 billion, besides flat.

While the lipid majors person shown reluctance successful exploring Venezuelan lipid pursuing the US's removal of Nicolás Maduro (ExxonMobil's (XOM) CEO called it "uninvestable"), lipid infrastructure companies similar Halliburton person shown much eagerness to revisit the country.

Reuters reported connected Tuesday that the institution has started looking astatine resumes for roles successful the country, successful a motion that Halliburton whitethorn beryllium acceptable to reenter Venezuela.

Interactive Brokers (IBKR) banal dipped successful extended trading aft beating expectations for the 4th quarter.

The online broker reported better-than-expected net per stock of $0.63, compared to Wall Street estimates of $0.58 per share, arsenic compiled by S&P Global Market Intelligence. Revenue roseate to $1.64 billion, versus estimates of $1.63 billion.

Interactive Brokers benefited from a surge successful trading enactment during the last 4th of the year. The institution reported that lawsuit trading measurement successful options, futures, and stocks accrued by 27%, 22%, and 16%, respectively, twelvemonth implicit year.

The banal has started the twelvemonth disconnected strong, with an 11% summation since the opening of 2026.

Listen to the net telephone here.

Yahoo Finance's Pras Subramanian reports:

Read much astir United net here.

Industrial bellwether Fastenal (FAST) is battling a "sluggish concern economy," the company's executives said connected an net telephone connected Tuesday.

After reporting net per stock of $0.26, successful enactment with expert estimates, the company's caller CFO Max Tunnicliff said that the concern assemblage has "continued to spot mixed signals." Tunnicliff noted that "while immoderate areas showed resilience, others faced continued headwinds that impacted request and proviso chains."

Shares of Fastenal, which produces an array of products specified arsenic bolts, nuts, screws, and studs for concern manufacturing and operation materials, fell much than 2.5% successful day trading Tuesday.

Sales of $2.02 cardinal somewhat missed expert estimates for $2.04 billion, according to S&P Global Market Intelligence.

Touching connected the company's dense manufacturing markets, Fastenal president Jeffery Watts added that, portion the institution hasn't seen declines, request has been flat.

"We're not truly seeing [the system improve], but we're besides not seeing immoderate declines successful our manufacturing arsenic acold arsenic the year-over-year usage," helium said.

U.S. Bancorp (USB) gained astir 1% successful midmorning trading connected Tuesday aft the Minneapolis-based super-regional slope reported better-than-expected net for the 4th fourth connected the backmost of beardown user deposits.

The U.S. Bank genitor reported $4.31 cardinal successful nett involvement income, a 3.3% yearly emergence that topped Wall Street estimates for $4.28 billion. Revenue of $7.36 cardinal besides bushed estimates of $7.31 billion, according to S&P Global Market Intelligence.

Earnings of $1.26 per stock came successful higher than the $1.19 per stock the Street was expecting.

U.S. Bancorp said it achieved grounds user deposits successful the 4th fourth and saw greenish shoots successful the beaten-down commercialized existent property sector.

"The effectiveness of products similar slope smartly, much blase pricing capabilities, and a important overhaul of skills, training, integer tools and incentives, unneurotic with investments successful our branches drove our performance," CEO Gunjan Kedia said connected the net call. "Additionally, commercialized existent property loans besides showed humble maturation aft 11 quarters of decline."

Like different slope executives, Kedia weighed successful connected the projected 10% recognition paper complaint bounds President Trump has floated. Kedia estimated that implicit 90% of U.S. Bancorp's clients would spot "a detrimental impact" if that complaint headdress were enacted, and that 50% would look a "crushing" impact.

"We person observed that conscionable successful the past fewer days, the speech astir the complaint headdress has shifted much productively to options for customers to assistance them successful the abbreviated term," Kedia added.

Homebuilder D.R. Horton's (DHI) archetypal 4th net were amended than expected, but a sluggish lodging marketplace marked by affordability concerns weighed connected results.

The institution reported net per stock of $2.03, beating estimates of $1.93, according to S&P Global Market Intelligence. Revenue of $6.8 cardinal besides topped expectations of $6.6 billion, but fell from $7.6 cardinal a twelvemonth ago.

Net income orders accrued 3% to 18,300 homes, which was somewhat beneath estimates. Homebuilders person accrued income incentives successful caller months to effort and entice buyers disconnected the sidelines. That, coupled with little owe rates, has sparked immoderate optimism that the lodging marketplace could improve.

D.R. Horton reiterated its full-year 2026 guidance for gross successful a scope of $33.5 cardinal to $35 billion. The institution expects to adjacent 86,000 homes to 88,000 homes by the extremity of the year.

Listen to the net telephone here.

Post-it Note shaper 3M (MMM) reported adjusted net per stock that bushed Wall Street expectations connected Tuesday, but the banal fell 5% arsenic portion of a broader marketplace sell-off.

The Minnesota-based institution posted adjusted earnings, which portion retired one-time costs, of $1.83, compared to analysts' forecasts of $1.80, according to S&P Global Market Intelligence. The institution expected impermanent charges from tariffs and stranded costs from removing PFAS materials from its products. In Q4, 3M realized $0.56 per stock successful nett costs from litigation.

Sales grew 2.1% successful Q4 to $6.1 billion, topping expectations for $6 cardinal successful sales.

For 2026, the institution expects adjusted income maturation of astir 4% for full-year adjusted EPS of $8.06. Full-year operating currency travel is expected to beryllium $2.3 billion.

"2025 was an important twelvemonth for 3M arsenic we physique a beardown instauration that is reshaping our operating exemplary and driving sustainable worth creation," 3M CEO William Brown said.

Despite the marketplace vacation connected Monday for MLK Day, the travel of net strengthens adjacent week with 35 S&P 500 companies scheduled to study results. Here are immoderate names to watch.

Monday: No large net reports. Markets are closed.

Tuesday: Netflix (NFLX), United Airlines (UAL), Interactive Brokers (IBKR), 3M Company (MMM), US Bancorp (USB), Fastenal (FAST), D.R. Horton (DHI), Fifth Third Bancorp (FITB), KeyCorp (KEY), Wintrust Financial Corporation (WTFC)

Wednesday: Johnson & Johnson (JNJ), Charles Schwab (SCHW), Prologis (PLD), Truist Financial (TFC), Kinder Morgan (KMI), Travelers (TRV), Halliburton (HAL), Teledyne Technologies (TDY), Citizens Financial Group (CFG), Ally Financial (ALLY), Pinnacle Financial Partners (PNFP)

Thursday: GE Aerospace (GE), Procter & Gamble (PG), Intel (INTC), Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Capital One (COF), Freeport-McMoran (FCX), CSX Corporation (CSX), Huntington Bancshares (HBAN), Northern Trust (NTRS), McCormick & Company (MKC), Alcoa Corporation (AA), East West Bancorp (EWBC), Mobileye Global (MBLY)

Friday: SLB N.V. (SLB), First Citizens BancShares (FCNCA), Booz Allen Hamilton (BAH), Comerica Incorporated (CMA), Webster Financial Corporation (WBS), Moog Inc. (MOG-A, MOG-B), United Bankshares (UBSI)

Results from Morgan Stanley and Goldman Sachs connected Thursday added to predictions of different beardown twelvemonth for Wall Street operations.

Bloomberg reports:

Read much here.

State Street (STT) banal fell much than 2% successful premarket trading aft a repositioning complaint weighed connected different beardown profits.

The plus manager reported rising gross of $3.7 cardinal successful the 4th quarter, driven by accrued interest gross and topping Wall Street expert expectations for $3.6 cardinal successful revenue, according to S&P Global Market Intelligence data. Net involvement income accrued by 7% twelvemonth implicit year.

State Street's assets nether custody accrued 16% twelvemonth implicit twelvemonth to $53.8 trillion, chiefly owed to higher marketplace levels and flows. Assets nether absorption successful the 4th quarter, meanwhile, accrued 20% to $5.7 trillion.

However, nett income of $747 cardinal declined 5% twelvemonth implicit year. State Street's GAAP net per stock of $2.42 missed expectations of $2.45 per share. State Street's wide expenses accrued 12%, which the institution mostly attributed to a $226 cardinal repositioning charge.

On Thursday, State Street launched its integer plus platform, which offers tokenized assets specified arsenic stablecoins and wealth marketplace funds. The custody slope joins the fray of fiscal institutions pushing into crypto and tokenized assets, including Bank of New York Mellon (BK), JPMorgan (JPM), and Goldman Sachs (GS).

“This motorboat marks a important measurement successful State Street’s integer plus strategy,” State Street president Joerg Ambrosius said of the platform. “By pairing blockchain connectivity with robust controls and planetary servicing expertise, we’re enabling institutions to confidently clasp tokenization arsenic portion of their halfway strategy with an enactment similar america that they tin trust.”

PNC Financial (PNC) banal roseate 3% earlier the doorbell aft reporting 4th fourth net connected Friday. The bank's net per stock (EPS) came successful astatine $4.88, beating analysts' estimates of $4.19. Revenue for the 4th besides topped estimates, coming successful astatine $6.1 billion, versus the statement estimation of 5.95 billion.

Investing.com reports:

Read much here.

Freight and logistics institution J.B. Hunt (JBHT) reported a 2% diminution successful gross twelvemonth implicit year, led by weaker volumes and gross successful its main Intermodal segment.

The Arkansas-based institution posted diluted net per stock of $1.90 for the 4th quarter, topping Wall Street analysts' expectations of $1.82 per share, according to estimates connected S&P Global Market Intelligence. Total gross of $3.1 cardinal came successful enactment with estimates but declined somewhat from $3.15 cardinal successful the 4th fourth of 2024.

In the Intermodal segment, its largest by revenue, the institution reported a 2% diminution successful volume, driven by a 6% alteration successful transcontinental web loads betwixt US ports, Mexico, and Canada twelvemonth implicit twelvemonth (though eastbound web loads accrued 5%). J.B. Hunt besides saw weakness successful its last-mile conception owed to softer request successful extremity markets, the institution said.

The banal fell 4% successful after-hours trading arsenic the company's net telephone began. Listen to the telephone unrecorded here.

Chip stocks broadly roseate connected Thursday aft TSMC (TSM) bushed Wall Street's expectations and its main executive, C.C. Wei, dismissed AI bubble concerns.

Yahoo Finance's Laura Bratton reports

Read much here.

Like Goldman Sachs, Morgan Stanley's (MS) 4th fourth benefited from a roar successful Wall Street dealmaking.

Morgan Stanley reported an 18% assistance successful profits successful Q4 arsenic its full lawsuit assets successful wealthiness and concern banking grew by $350 cardinal to scope $9.3 trillion. Net income roseate to $4.4 billion, oregon $2.68 per diluted share, from $3.7 cardinal a twelvemonth ago. Analysts were expecting net per stock of $2.45, according to S&P Global Market Intelligence.

The standout successful the 4th was Morgan Stanley's concern banking revenues, which accrued 47% twelvemonth implicit twelvemonth to $2.4 billion. The company's indebtedness underwriting revenue, successful particular, astir doubled twelvemonth implicit twelvemonth to $785 million.

Revenue successful the wealthiness absorption portion besides surged 13% to $8.4 billion, compared with $7.5 cardinal a twelvemonth ago.

For the afloat year, Morgan Stanley reported grounds nett gross of $70.6 cardinal and nett income of $16.9 billion. However, the banal wavered successful premarket trading.

Taiwanese chipmaker TSMC (TSM) banal jumped 6% successful premarket trading connected Thursday aft the world's largest shaper of semiconductors reported a 35% surge successful 4th fourth nett and delivered a beardown outlook.

In the 4th quarter, TSMC reported gross of $33.73 billion, topping the company's ain guidance and Wall Street estimates of $32.8 billion, according to S&P Global Market Intelligence. Fourth 4th profits per ADR stock deed a grounds $3.14, supra expectations for $2.98 per ADR unit.

For the archetypal quarter, TSMC expects gross of betwixt $34.6 cardinal and $35.8 billion, with gross nett margins betwixt 63% and 65%.

The institution besides said it expects 2026 gross to summation by adjacent to 30% twelvemonth implicit twelvemonth arsenic artificial quality supports beardown request for its chips. TSMC counts Nvidia (NVDA) and Apple (AAPL) among its customers.

Read much present from Reuters oregon perceive to a replay of the earnings telephone here.

BlackRock (BLK) banal edged higher by astir 2% connected Thursday during premarket trading, aft the plus manager pulled successful $342 cardinal of full lawsuit currency successful Q4. This has present pushed the institution to a grounds $14 trillion of assets.

Bloomberg News reports:

Read much here.