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    • Breaking News
    Jan 31, 2025
    • 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.
                    • 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.