Earnings live: Meta and IBM stocks pop, Microsoft slides, Caterpillar shares climb

Caterpillar (CAT) reported higher profits arsenic request for its powerfulness procreation instrumentality surged amid the build-out of information centers.

The operation and mining instrumentality shaper reported an adjusted nett of $5.16 per stock for the quarter, up from $5.14 ⁠per stock a ‌year earlier. Revenue roseate to $19.1 cardinal from $16.2 billion. Those figures were supra Wall Street's expectations of $4.71 net per stock and gross of $17.7 billion.

But Caterpillar, which faced a tariff deed of betwixt $1.6 cardinal and $1.75 cardinal successful 2025, expects an adjacent bigger headwind from tariffs successful 2026, informing of a $2.6 cardinal deed from tariffs successful 2026.

Reuters reports:

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Media radical Comcast (CMCSA) reported a nonaccomplishment successful broadband customers successful its 4th fourth net connected Thursday, the diminution missed analysts' estimates and was driven by a emergence successful competitors offering consumers much cost-effective and assertive offers.

The banal edged higher by 0.3% earlier the doorbell connected Thursday.

Reuters reports:

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SAP (SAP) banal fell 15% earlier the doorbell connected Thursday aft reporting a unreality backlog and posting disappointing guidance.

The German steadfast said that its unreality pre-orders deed $25 billion, but they missed analysts' estimates by conscionable 1%. The hold has been blamed connected a fewer "mega deals" that are taking longer to get running; this has caused a sell-off successful the stock.

Reuters reports:

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“We are present seeing a large AI acceleration," Mark Zuckerberg stated connected Meta's (META) net call.

That taxable was accordant passim Meta's net call, arsenic the CEO touted caller AI models and products that the institution is moving on.

Zuckerberg said that since the opening of 2025, Meta has seen a 30% summation successful productivity from its engineers owed to the adoption of AI coding tools. The powerfulness users of those tools person seen their output summation by 80%, Zuckerberg said.

“We’re starting to spot agents truly work," helium added. "This volition unlock the quality to physique wholly caller products and alteration however we work.”

As Yahoo Finance's Pras Subramanian noted, Tesla (TSLA) said successful its net study that it removed the information operator connected a constricted ground for its Austin robotaxi service.

As for which metro areas whitethorn beryllium adjacent for robotaxi testing, Tesla suggested it would people Dallas, Houston, Phoenix, Miami, Orlando, Tampa, and Las Vegas successful the archetypal fractional of 2026.

ServiceNow (NOW) followed up its concern with OpenAI, inked past week, with an expanded statement with Anthropic connected Wednesday.

The unreality bundle institution said it volition deploy Anthropic's Claude exemplary to much than 29,000 employees with the ServiceNow AI Platform. The banal declined by 5% aft the statement and institution net were released.

"This concern is astir reimagining however enactment gets done," said Bill McDermott, CEO of ServiceNow. "It puts the powerfulness to build, deploy, and standard mission-critical applications into the hands of each person, successful each industry, astatine each level. Together, we are proving that profoundly integrated platforms with an unfastened ecosystem are however the aboriginal is built."

In the 4th quarter, ServiceNow reported adjusted nett of $0.92 per share, supra estimates of $0.88. Revenue roseate much than 20% twelvemonth implicit twelvemonth to $3.57, besides beating estimates of $3.53 billion.

For 2026, ServiceNow expects subscription gross to beryllium betwixt $15.53 cardinal and $15.57 billion. Wall Street forecast full-year subscription gross of $15.21 billion, ​according to information compiled by LSEG.

Read much astir ServiceNow net here.

International Business Machines (IBM) banal surged 8% successful extended trading aft maturation successful the company's bundle concern drove 12% gross maturation for the 4th quarter.

Revenue accrued to $19.69 billion, beating forecasts of $19.21 billion, according to Bloomberg statement estimates. Software gross was up 14% successful the quarter, Consulting gross accrued 3%, portion Infrastructure gross roseate 21%.

IBM has focused connected its Hybrid Cloud and Red Hat bundle platforms, which person been superior drivers of the stock's 30% summation implicit the past year.

Earnings per stock came successful astatine $4.52, compared to estimates of $4.32.

Read much from Reuters.

Whirlpool (WHR) posted 4th fourth results that missed expectations arsenic it navigated a volatile macro backdrop with tariffs, a higher promotional environment, and cautious consumers.

The appliance maker, down different brands similar Maytag and KitchenAid, reported gross of $4.1 billion, little than estimates of $4.3 billion. Adjusted net came little than expected astatine $1.91, portion the Street forecasted $2.18, per Bloomberg statement data.

Whirlpool president and CEO Marc Bitzer characterized 2025 arsenic 1 filled with a "lot of challenges and headwinds" connected a telephone with Yahoo Finance. He said the 4th fourth was an adjacent tougher landscape.

"It was a beauteous dense [promotional] situation successful Q4, which is astir apt the effect of ... inactive a batch of pre-tariff loaded inventory market," Bitzer said, adding that caller products and modulation costs besides weighed connected the quarter.

Revenue for large appliances successful its North America concern fell 0.9% year-over-year to $2.57 billion. Whirlpool's tiny home appliance concern grew 10.3% to $423 million, little than the $466 cardinal Wall Street expected.

So acold successful 2026, Bitzer said the institution is seeing a "normalized environment."

Whirlpool expects nett income to travel successful the scope of $15.3 cardinal to $15.6 billion. Wall Street expected $15.5 billion. Adjusted net are expected to travel successful astatine astir $6.25 for the year, a spot little than the $7.23 projection the Street had. Free currency travel is acold higher than expected, though, successful the scope of $400 cardinal to $500 million, compared to expectations for $349 million.

Brinker International (EAT) banal roseate 5% up of the opening doorbell connected Wednesday aft the Chili's edifice proprietor reported net and a fiscal outlook that topped analysts' expectations.

Investing.com reports:

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GE Vernova (GEV) reported a coagulated 4th and guidance raise, but the banal slid astir 2% successful premarket trading.

The company, which spun disconnected from GE successful 2024, makes state turbines and different instrumentality for energy procreation that has boomed arsenic a effect of the artificial quality build-out.

GE Vernova's adjusted EBITDA of $1.15 billion, beneath expert estimates of $1.2 billion, according to S&P Global Market Intelligence, whitethorn beryllium letting investors down.

Revenue of $10.9 cardinal bushed estimates of $10.2 billion. And GE Vernova reported full backlog maturation of $31.2 cardinal for the year.

For 2026, GE Vernova raised its gross guidance to a scope of $44 cardinal to $45 billion, up from $41 cardinal to $42 billion. The institution besides expects accrued currency travel of $5 cardinal to $5.5 billion, up from $4.5 cardinal to $5 billion.

The institution sees 16%-18% integrated gross maturation successful its powerfulness conception for the year.

"We delivered beardown fiscal show successful 2025 with continued momentum successful Power and Electrification portion focusing connected what we tin power successful Wind," GE Vernova CEO Scott Strazik said. "We accrued our backlog to $150 billion, with amended instrumentality margins, and are entering 2026 with important momentum."

Elevance Health (ELV) banal fell 5% earlier the doorbell connected Wednesday pursuing a 2026 forecast for nett falling beneath Wall Street estimates.

​The wellness insurer said it expects higher aesculapian costs ‌to persist into the year.

Reuters reports:

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ASML (ASML) banal jumped 6% during premarket hours connected Wednesday aft reporting 4th fourth orders that bushed analysts' expectations. ASML said the improvement of its AI infrastructure had helped boost request for its chip-making machines.

Bloomberg News reports:

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