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    Jan 31, 2025
    • Intel Corp. gained 1.8% to $20.36 despite the CPU products maker swinging to a net loss in the fourth quarter ending in December.

      Revenue dropped 7% to $14.3 billion from $15.4 billion; net income swung to a loss of $153 million from a profit of $2.7 billion, and diluted loss per share was 3 cents compared to a positive 63 cents a year ago.

      Intel received $1.1 billion from the Department of Commerce under the U.S. Chips and Science Act.

      For the first quarter of 2025, the company estimates revenue between $11.7 billion and $12.7 billion and a loss per share of 27 cents.
      • Visa Inc. surged 2.1% to $343.05 after the payments company reported strong earnings for the first quarter of fiscal year 2025, driven by higher holiday results.

        Revenue increased to $9.51 billion from $8.63 billion, net income climbed to $5.12 billion from $4.89 billion, and earnings per share rose to $2.58 from $2.39 a year ago.

        The company’s board increased the quarterly cash dividend by 13% to 59 cents per share, and share repurchases and dividends totaled $20.9 billion for the full year.
        • UPS Inc. slumped 14.1% to $114.9 after the parcel delivery company reported better-than-expected earnings, but revenue fell short of market expectations in the fourth quarter.

          The company reached a deal with Amazon, its largest customer, to lower shipment volume by 50% by the second half of 2026.

          Revenue increased 1.5% to $25.3 billion from $24.9 billion, operating profit climbed 18.1% to $2.9 billion from $2.5 billion, and earnings per diluted share rose to $2.75 from $1.87 a year ago.
          • Sanmina Corp. gained 1.7% to $84.21 after the electronics manufacturing services provider beat estimates in the first quarter of 2025.

            Sales increased to $2.01 billion from $1.87 billion, net income climbed to $65.0 million from $57.07 million, and earnings per diluted share rose to $1.16 from 98 cents a year ago.

            Looking ahead to the second quarter, the company estimates revenue between $1.9 billion and $2.0 billion and earnings per share of $1.30 to $1.40.

            As of December 28, 2024, approximately $37 million remained available under the company’s current $300 million stock repurchase program, which has no expiration date.
            • Exxon Mobil increased 0.7% to $110.30 after the energy company reported better-than-expected adjusted earnings and free cash flow in the fourth quarter.

              Revenue declined 1.1% to $83.43 billion, adjusted earnings per share increased to $1.67 compared to an estimate of $1.55, and free cash flow was $8 billion compared to an estimate of $6.5 billion.
              • Chevron Corp. declined 1.1% to $154.60 after the energy company reported mixed results in the fourth quarter. 

                Revenue in the quarter increased to $52.2 billion from $47.2 billion; adjusted earnings per share declined to $2.06, down from $3.45 a year ago.
                • Atlassian Corp. surged 19.5% to $320.01 after the project management software developer reported better-than-expected results in the fourth quarter.

                  Revenue in the fiscal second quarter increased 21% to $1.29 billion, and the company's fiscal third quarter revenue was ahead of market estimates.
                  • Jan 22, 2025
                  • Netflix gained 1.4% to $869.68 after the streaming services provider reported record client subscriptions in the fourth quarter.

                    Revenue increased by 16% to $10.25 billion from the same quarter a year ago.

                    Diluted earnings per share rose 102.4% to $4.27 from $2.11 a year ago. 

                    The free cash flow declined 12.7% to $1.38 billion due to more investments in content and technology.

                    The company conducted stock buybacks amounting to $6.2 billion in the quarter.

                    A possible stock split announcement may help Netflix to push out an increase in its service prices.

                    Looking ahead for fiscal year 2025, Netflix anticipated revenue between $43.5 billion and $44.5 billion, indicating an increase of 12% to 14%.
                    • 3M gained 4.8% to $147.84 after the industrial conglomerate said fourth-quarter revenue increased 1.5% to $6.07 billion from the same period last year.

                      Quarterly earnings came in at $1.33 per share, compared to $1.14 a share a year ago.

                      For the full year 2024, the company returned $3.8 billion to shareholders via dividends and share repurchases.

                      3M estimated fiscal 2025 adjusted sales to rise between 0.5% to 1.5%, and earnings per share in the range of $7.60 to $7.90.
                      • Interactive Brokers Group added 1.4% to $192.83 after the global electronic broker reported steady fourth-quarter results.

                        Revenue reached $1.4 billion, compared to $1.2 billion in the same quarter in 2023. 

                        Earnings per share rose to $1.99 from $1.48 in the year-ago period.

                        Reported income before taxes was $1,040 million for the current quarter, compared to $816 million a year ago.

                        Commission revenue increased 37% to $477 million as customer accounts grew 30% to 3.34 million.