Netflix (NFLX) stock is jumping in premarket trading after the streaming giant posted strong revenue and subscriber gains; U.S. stock futures are pointing higher as investors evaluate actions from President Donald Trump; Oracle (ORCL) stock is surging after it was part of a major AI infrastructure investment along with OpenAI and SoftBank; GE Vernova’s (GEV) quarterly results miss analysts’ estimates; and United Airlines (UAL) shares are moving higher on strong results and an upbeat outlook. Here’s what investors need to know today.
1. Netflix Stock Soars on Strong Earnings Growth, Subscriber Gains
Netflix (NFLX) shares are soaring 14% in premarket trading after the streaming giant’s fourth-quarter earnings report shot past analysts’ estimates and it raised its 2025 revenue forecast. Netflix posted profit of $1.87 billion, or $4.27 per share, on revenue that increased 16% year-over-year to $10.25 billion. Netflix, which also reported adding about 19 million new subscribers in the quarter, announced a $15 billion boost to its share repurchase program and said it is raising subscription prices in the U.S., Canada, Portugal, and Argentina.
2. US Stock Futures Point Higher as Investors Digest Trump Actions
U.S. stock futures are pointing higher after the major indexes rose on the first trading day of the second Donald Trump administration. Nasdaq futures are 0.9% higher and S&P 500 and Dow Jones Industrial Average futures are up about 0.4% each. Bitcoin (BTCUSD) is down nearly 1% to trade around $105,000. Oil and gold futures are edging higher, while yields on the 10-year Treasury note are little changed at just below 4.6%.
3. Oracle Stock Jumps on AI Infrastructure Plan With SoftBank, OpenAI
Oracle (ORCL) shares are soaring more than 8% in premarket trading after it joined OpenAI and SoftBank as part of a $500 billion investment in artificial intelligence (AI) infrastructure. President Trump announced the plan Tuesday, sending Oracle shares higher by 7%, while SoftBank shares jumped more than 10% in Tokyo trading today. ChatGPT maker OpenAI said that Nvidia (NVDA), Microsoft (MSFT), and Arm (ARM) would be key technology partners in the project called Stargate, and shares of each are moving higher early Wednesday.
4. GE Vernova Q4 Results Come in Weaker Than Expected
GE Vernova (GEV) shares have reversed course in premarket trading to rise slightly despite the firm’s fourth-quarter results having fallen short of analysts’ estimates. The company reported net income of $484 million, or $1.73 per share, on revenue of $10.56 billion. Analysts polled by Visible Alpha expected a profit of $634.5 million, or $2.30 per share, on revenue of $10.74 billion. GE Vernova’s wind segment lost $588 million on the year.
5. United Airlines Stock Rises After Q4 Results, Upbeat Outlook
United Airlines (UAL) shares are rising 4% in premarket trading after the carrier beat analysts’ fourth-quarter expectations and delivered an upbeat outlook for the current quarter. United posted adjusted profit of $3.26 per share on revenue that rose nearly 8% year-over-year to $14.70 billion, boosted by a 10% increase in premium revenue. Analysts polled by Visible Alpha expected $3.06 and $14.39 billion, respectively. United expects adjusted earnings per share (EPS) between $0.75 and $1.25 during the first quarter of fiscal 2025, with the midpoint well above the $0.85 Visible Alpha consensus.