Breaking News
BlackRock   Netflix   GE Aerospace   TSMC   Bank of America    Morgan Stanley     Goldman Sachs Group   JPMorgan Chase  
  • ALL
    • Breaking News
    Jan 31, 2025
    • 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.
              • United Airlines Holdings Inc surged 2.9% to $110.5 after the airline reported strong fourth-quarter financials.

                Revenue increased 7.8% to $14.7 billion, net income soared 64.2% to $985 million from $600 million, and diluted earnings rose to $2.95 per share from $1.81 per share a year earlier.

                Free cash flow clocked in at $549 million in the quarter, equivalent to a 3.7% margin.
                • Jan 21, 2025
                • Charles Schwab Corp surged 6% to $80.98 after the investment services firm said fourth-quarter revenue increased 20% to $5.3 billion from a year ago.

                  Net income jumped 76% to $1.8 billion, or 94 cents a share, compared to $1.1 billion or 51 cents a share in the same quarter a year ago.

                  Total client assets increased 19% year-over-year to $10.10 trillion.

                  For the full-year 2024, revenue jumped 4% to $19.61 billion from $18.8 billion, net income surged 17% to $5.94 billion from $5.5 billion, and diluted earnings per share rose to $2.99 from $2.54 a year ago.
                  • D.R. Horton Inc. gained 3.9% to $153.35 despite the home builder posted a 1% decrease in revenue in the fiscal first quarter 2025 ending in December. 

                    Net income plunged 11% from a year ago to $844.9 million, and diluted earnings per share eased to $2.61 from $2.82 a year ago.

                    The company closed sales of 19,059 homes, while net sales orders amounted to 17,837 homes. 

                    D.R. Horton repurchased 6.8 million shares of common stock for $1.1 billion and paid cash dividends totaling $128.5 million.

                    The home builder declared a quarterly cash dividend of 40 cents per share payable on February 14 to shareholders on record February 7. 
                    • Costco Wholesale Co edged up 0.1% to $944.50 after the membership warehouse club operator's workers' union of 18,000 workers voted to strike at the end of January if management fails to meet their demands. 

                      Costco recently reported $254 billion in annual revenue and $7.4 billion in net profits, which is a 135% increase since 2018.
                      • Jan 16, 2025
                      • UnitedHealth Group decreased 3.5% to $525.0 after the health insurance company reported mixed quarterly results. 

                        Total revenue in the quarter was $100.81 billion, and adjusted earnings per share were $6.81. 

                        The annual medical cost ratio, the percentage of collected premiums spent on medical care costs, increased to 85.5% from 83.2% in 2023. 

                        The company reaffirmed its annual earnings per share in 2025 between $29.50 and $30.0, confirming its previous estimate released in December.