Andrew Ross SorkinMorgan Stanley’s fourth-quarter results surpassed Wall Street expectations, with earnings per share at $2.68 and total revenue of $17.89 billion. Wealth management drove significant growth, generating $8.4 billion. Shares surged 6% post-announcement, and the firm returned $1.5 billion to shareholders, reflecting its strong market position and strategic investments.
Andrew Ross SorkinCitigroup’s fourth-quarter results exceeded expectations, with adjusted earnings at $1.81 per share and revenue at $21.0 billion, driven by increased net interest income and lower loan loss provisions. However, reported net income fell 13% due to a Russia-related charge. Despite strong performance, stock declined over 4%, reflecting investor caution.
Andrew Ross SorkinMajor U.S. retailers reported mixed holiday performances, indicating resilient but not explosive consumer spending. Lululemon raised revenue expectations amid leadership transitions, while Abercrombie adjusted its outlook downward, disappointing investors. American Eagle and Five Below exceeded forecasts, showing strong sales growth. Overall, the retail landscape remains stable amid rising prices and inflation.
Andrew Ross SorkinNike’s shares fell over 10% in premarket trading following strong earnings overshadowed by a 17% revenue decline in China. Despite North American sales increasing, concerns over elevated tariffs and China’s weak performance persist. CEO Elliott Hill’s turnaround plan aims for growth, yet challenges remain, particularly in the crucial Chinese market.
Andrew Ross SorkinNike’s stock fell over 10% due to concerns about poor performance in China, despite a quarterly earnings beat. North American sales rose, while Greater China revenue dropped 17%. Ongoing tariff pressures and an uneven recovery in China pose challenges. Analysts predict continued weakness affecting the turnaround into fiscal 2027.
Andrew Ross SorkinMicron Technology reported strong first-quarter results exceeding expectations, with earnings per share at $4.78 and revenue of $13.64 billion. Projecting approximately $18.70 billion in revenue for the current quarter, the company attributes growth to rising AI infrastructure demand. Micron’s stock has surged 168% in 2025, reflecting its key role in the semiconductor industry.
Andrew Ross SorkinBroadcom reported strong quarterly earnings and guidance, surpassing Wall Street expectations. However, its stock plummeted 11 percent, reflecting a broader market retreat from AI-related stocks. Other companies like Oracle and Nvidia also faced losses, signaling investor concerns about AI valuations and profitability, despite Broadcom’s solid performance and significant future order backlog.
Andrew Ross SorkinOracle’s stock fell 11% after its quarterly results showed revenue below expectations, despite strong earnings and a booming cloud business. While cloud revenue exceeded forecasts, software revenue lagged. Oracle’s capital expenditure plans surged, raising investor concerns over debt and financial exposure amid significant investments in AI infrastructure. Leadership changes occurred simultaneously.
Andrew Ross SorkinRubrik’s stock surged 22% following strong fiscal third-quarter results, with revenue rising 48% to $350 million and adjusted earnings outperforming expectations. The company raised its full-year revenue forecast, reflecting increased demand for cybersecurity amidst AI integration. Despite still operating at a loss, Rubrik shows significant market share growth and investor confidence.
Andrew Ross SorkinSalesforce exceeded expectations in its latest earnings report, with adjusted earnings per share at $3.25 and revenue of $10.26 billion. The company raised its forecasts for future quarters, driven by acquisitions and a shift to cloud services. Despite stock struggles, it shows resilience with a growing AI portfolio and automation tools like Agentforce.
