Take a look at the businesses making headlines earlier than the bell: Moderna — The biotechnology firm retreated 4% after dropping $2.91 per share within the fourth quarter, a wider loss than the $2.68 anticipated by LSEG. Nevertheless, the corporate beat expectations of analysts for income within the quarter. GameStop — Shares rallied 8% after sources conversant in the matter instructed CNBC that the online game retailer is contemplating investing in bitcoin and different cryptocurrencies. The corporate is figuring out whether or not this might be clever as a enterprise transfer, one supply stated. Roku — The streaming inventory surged 14% on better-than-expected outcomes for the fourth quarter. Roku stated it misplaced 24 cents per share, whereas analysts polled by LSEG anticipated a lack of 40 cents per share. The corporate recorded $1.20 billion in income, whereas the Avenue penciled in simply $1.15 billion. Airbnb — Shares popped greater than 13% after Airbnb posted a top- and bottom-line beat for the fourth quarter. The holiday leases firm reported earnings of 73 cents per share on $2.48 billion in income. Analysts surveyed by LSEG had forecast earnings of 58 cents per share and income of $2.42 billion. Informatica — Shares plunged 33% after the cloud information administration firm issued a grim forecast for the present quarter. Informatica sees first-quarter income ranging between $380 million and $400 million, under the $412 million anticipated by analysts polled by LSEG. Full-year income steerage additionally got here in under expectations, with the corporate anticipating gross sales of $1.67 billion to $1.72 billion, decrease than the $1.78 billion consensus estimate. Utilized Supplies — The semiconductor firm slid 4.8% after offering a softer-than-anticipated income outlook that overshadowed quarterly outcomes that beat analysts’ expectations. Twilio — The cloud communications inventory tumbled 8.8% within the wake of weak earnings steerage. Twilio instructed buyers to count on earnings per share between 88 cents and 93 cents within the first quarter, below the forecast of 99 cents per share from analysts polled by LSEG. Palo Alto Networks — The tech inventory fell greater than 4.4% after free money move outcomes for the most recent quarter missed estimates. Palo Alto reported $509.4 million in free money move for its fiscal second quarter, whereas analysts polled by FactSet had been on the lookout for $694.9 million. The corporate did high estimates for adjusted earnings per share and income. DaVita — The dialysis supplier’s inventory slid 9% after the corporate issued a weak outlook amid rising care prices. DaVita expects its 2025 adjusted revenue per share to be between $10.20 and $11.30, in comparison with analysts’ common expectation of $11.24 per share, per LSEG. Large investor Berkshire Hathaway additionally offloaded some shares in a preplanned settlement. Dexcom — The medical gadget maker popped 3% after reaffirming full-year income steerage, regardless of it being barely decrease than anticipated by analysts polled by FactSet. Dexcom additionally posted $1.11 billion in income for the fourth quarter, which is in keeping with the Avenue’s estimates. DraftKings — The inventory climbed 5.4% after the sports activities betting firm raised the decrease finish of its full-year income steerage. It now expects income of $6.3 billion to $6.6 billion, bringing its midpoint to $6.45 billion. Analysts polled by LSEG had been anticipating full-year income of $6.39 billion. DraftKing’s fourth-quarter outcomes fell in need of the Avenue’s estimates. Coinbase — The crypto market slid 2.5% regardless of earnings coming in forward of forecasts. Coinbase earned $4.68 per share on income of $2.27 billion, whereas analysts polled by LSEG anticipated $1.81 in earnings per share and $1.88 billion in income. — CNBC’s Hakyung Kim, Yun Li, Michell Fox, Sarah Min and Jesse Pound contributed reporting.
