Market Insider

The Netflix logo is shown in this illustration photograph in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in midday trading.  Netflix — Shares of the streaming giant popped 14% after the company’s fourth quarter report beat Wall Street expectations for revenue and subscribers, which topped 200 million. Netflix also said
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Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM reported quarterly profit of $2.07 per share, beating the $1.79 a share consensus estimate. Revenue missed Wall Street forecasts, however, as software sales posted a decline as pandemic-induced uncertainty kept some customers from striking long-term deals. The shares dropped
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Take a look at some of the biggest movers in the premarket: Travelers (TRV) – The insurance company reported quarterly earnings of $4.91 per share, well above the consensus estimate of $3.18 a share. Revenue matched Street forecasts. Travelers benefited from lower catastrophe claims, a record 8.4% jump in renewal premiums, and strong underwriting results.
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U.S. President-elect Joe Biden speaks about his plan to administer coronavirus disease (COVID-19) vaccines to the U.S. population during a news conference at Biden’s transition headquarters in Wilmington, Delaware, January 15, 2021. Kevin Lamarque | Reuters The Biden agenda is expected to result in a faster-growing economy, a stronger stock market and higher interest rates
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Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
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