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    Jan 31, 2025
    • 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.
                      • 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.