Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant declined 4% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31, posting earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company's revenue of $12.05 billion exceeded consensus estimates of $11.97 billion, per LSEG. Netf...
Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant declined 4% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31, posting earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company's revenue of $12.05 billion exceeded consensus estimates of $11.97 billion, per LSEG. Netflix said it had 325 million global paid subscribers by the end of the period, which is a fresh milestone. Interactive Brokers — Shares of the automated global electronic broker slipped nearly 1%. Interactive Brokers reported adjusted earnings of 65 cents per share for the fourth quarter, exceeding analysts' forecast of 59 cents per share, according to LSEG. Zions Bancorp — The regional bank stock added nearly 1% on the back of strong quarterly earnings and net interest income. For the fourth quarter, Zions reported earnings of $1.76 per share, handily beating analysts' expectations of $1.57 per share, per FactSet. United Airlines — The carrier said it expects to generate record earnings in 2026 due to strong travel demand in recent weeks, leading shares to pop 4% in extended trading. United Airlines expects adjusted earnings per share of between $12 and $14 this year, in line with the $13.16 per share anticipated by analysts. The company also forecast per-share earnings of $1 to $1.50, while analysts called for $1.13 per share. Progress Software — Shares of the business software company jumped more than 7% in extended trading. Progress Software issued rosy guidance for the first quarter, calling for earnings of $1.56 to $1.62 per share on revenue of $244 million to $250 million. Analysts polled by FactSet called for $1.41 per share in earnings and $243.6 million in revenue. —CNBC's Darla Mercado contributed reporting.
Fears of steep government spending and resurgent inflation in Japan are driving a breakdown in the yen’s traditional link to the dollar and government-bond yields, prompting HSBC Holdings Plc strategists to reverse their forecasts for the Japanese currency in the months ahead. Global investors typically think of the yen as closely correlated to interest-rate differentials, finding support as sprea...
Fears of steep government spending and resurgent inflation in Japan are driving a breakdown in the yen’s traditional link to the dollar and government-bond yields, prompting HSBC Holdings Plc strategists to reverse their forecasts for the Japanese currency in the months ahead. Global investors typically think of the yen as closely correlated to interest-rate differentials, finding support as spreads narrow to US Treasuries. But that paradigm hasn’t held up in recent months. In fact, the yen has fallen some 7% versus the dollar since the start of October — despite the yield gap narrowing nearly 60 basis points between the 10-year Japanese government bond and its US counterpart. “This ‘wedge’ between the two reflects a widening ‘risk premium’ for the yen,” a team of HSBC currency strategists including Paul Mackel and Joey Chew wrote in an annual outlook. Among the investor concerns driving “structural yen weakness” following the election of Prime Minister Sanae Takaichi last year are debt monetization, weakening purchasing power, and persistent inflation and negative real rates, the analysts said. Those concerns were evident in the JGB selloff on Tuesday that sent yields soaring, prompting Japanese Finance Minister Satsuki Katayama to call on market participants to calm down. Meanwhile, the yen underperformed all Group of 10 peers, weakening marginally to around 158 per dollar, even as the greenback fell broadly in a “sell America” trade, with US stocks and bonds falling. The catalyst now for the yen’s “sudden reckoning” is two-fold, according to HSBC analysts. First, the pickup in Japanese inflation that began in earnest in 2022 and second, Takaichi’s rise to power in October. The prime minister has since called for a national snap election in early February to cement her pro-stimulus economic policies, including a planned record initial budget of some ¥122.3 trillion (about $775 billion at current exchange rates). Japan Bond Meltdown Sends Yields to Record High on F...
U.S. President Donald Trump points during a press briefing at the White House, on the one-year mark into his second term in office, in Washington, D.C., U.S., Jan. 20, 2026. Nathan Howard | Reuters President Donald Trump on Tuesday declined to detail what lengths he will go to in order to achieve his aim of making Greenland part of the United States, one day before he is scheduled to arrive at the...
U.S. President Donald Trump points during a press briefing at the White House, on the one-year mark into his second term in office, in Washington, D.C., U.S., Jan. 20, 2026. Nathan Howard | Reuters President Donald Trump on Tuesday declined to detail what lengths he will go to in order to achieve his aim of making Greenland part of the United States, one day before he is scheduled to arrive at the World Economic Forum in Davos, Switzerland. "You'll find out," Trump said in response to a question asking how far he would go to acquire Greenland during a nearly two-hour press briefing at the White House. Trump's aggressive pursuit of Greenland, including his threat of imposing tariffs on a raft of European countries until Greenland is handed over, roiled financial markets on Tuesday. Read more CNBC politics coverage Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow Trump's latest geopolitical gambits all lead back to China Trump says anything less than U.S. control of Greenland is 'unacceptable' ahead of talks Trump attacks Powell again amid Fed independence fears: 'That jerk will be gone soon' Sen. Kelly sues DOD Sec. Hegseth, says he was punished for 'disfavored political speech' GOP Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe European leaders who have resisted a U.S. takeover of Greenland are recoiling at the tariff threat, warning they will retaliate if the duties are imposed. Trump has long sought Greenland, an autonomous island territory of Denmark. The president claims that acquiring it is critical to U.S. national security interests in the Arctic. His pursuit of the island has intensified after he launched a military operation that captured Venezuelan leader Nicolas Maduro. Trump said on Tuesday he intends to meet with his counterparts in Davos this week to discuss Greenland. "We have a lot of meetings scheduled on Greenland," Trump said. "I'm leaving tonight, as you know, Davos, and we have a ...
Never miss an episode. Follow The Big Take Asia podcast today. Japan is home to the world’s oldest population and a growing share of the country’s financial assets – about $2 trillion – are controlled by seniors who are showing signs of cognitive decline. On today’s Big Take Asia podcast, host K. Oanh Ha talks with Bloomberg’s Alice French about the staggering “dementia money” at risk, the toll of...
Never miss an episode. Follow The Big Take Asia podcast today. Japan is home to the world’s oldest population and a growing share of the country’s financial assets – about $2 trillion – are controlled by seniors who are showing signs of cognitive decline. On today’s Big Take Asia podcast, host K. Oanh Ha talks with Bloomberg’s Alice French about the staggering “dementia money” at risk, the toll of frozen accounts and the haphazard solutions that serve as a stark warning to the rest of the world.
As financial markets settled into an unusual state of tranquility, with stocks slowly grinding higher week after week and bond yields hovering in narrow ranges, many on Wall Street started to prepare for a sudden jolt. On Tuesday, it came. US benchmark stock indexes sank more than 2%, the dollar slid against most major currencies and 30-year bond yields climbed toward 5% as President Donald Trump ...
As financial markets settled into an unusual state of tranquility, with stocks slowly grinding higher week after week and bond yields hovering in narrow ranges, many on Wall Street started to prepare for a sudden jolt. On Tuesday, it came. US benchmark stock indexes sank more than 2%, the dollar slid against most major currencies and 30-year bond yields climbed toward 5% as President Donald Trump ’s latest push to take over Greenland rippled through markets . His threat to slap new tariffs on European allies — combined with a plunge in Japanese debt — boosted measures of price swings from historically low levels. This week is shaking up the status quo in part by reigniting concern that foreigners will dump US assets in response to trade friction as the Greenland tension heats up . It’s the same fear that triggered a deep slump in US markets and a huge spike in volatility after Trump announced his sweeping levies in April. “It has opened up a tail risk – that people don’t want US assets,” said Shiyan Cao at hedge fund Winshore Capital. “You have to put on some risk premium for political reasons.” As markets sold off, the VIX Index , a measure of expected stock-market swings, touched the highest since November. So did a JPMorgan Chase & Co. gauge of currency volatility. Gold — a traditional haven — reached a record high. Read more: Treasuries, Stocks Sell Off as Greenland and Japan Shatter Calm For Cao, volatility remains too low relative to his models based on economic indicators, such as the level of policy rates, inflation and growth. “Everyone is waiting for the next shoe to drop — and there are many shoes in the pipeline,” he said. Wednesday brings more risk for markets, centered around the Supreme Court, which will hear arguments over Trump’s bid to fire Federal Reserve Governor Lisa Cook . Wells Fargo & Co. warned this month that a ruling allowing the dismissal would amount to a tangible action against the central bank’s independence, triggering losses in bonds...
Zipline , a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion, as it expands commercial deployments. The firm’s fundraising round included backing from Valor Equity Partners and participation from investors such as Tiger Global , Fidelity Management and Research Company and Baillie Gifford. The new valuation, compared wit...
Zipline , a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion, as it expands commercial deployments. The firm’s fundraising round included backing from Valor Equity Partners and participation from investors such as Tiger Global , Fidelity Management and Research Company and Baillie Gifford. The new valuation, compared with a 2024 fundraising round at $5 billion, is a sign of confidence in the startup’s ability to scale and commercialize its operations. “In the next five, 10 years, deliveries made by autonomous aircraft will become standard,” Antonio Gracias , Valor’s founder and chief executive officer, said in a statement. South San Francisco, California-based Zipline calls itself the world’s largest autonomous delivery service, operating in seven countries. Founded in 2014, it started operations in 2016 delivering blood and medical supplies in Rwanda and has since expanded into food delivery, retail and consumer goods. The firm has US home delivery partnerships with Walmart Inc. and restaurants such as Chipotle Mexican Grill Inc., which launched a limited drone burrito delivery in the Dallas area in 2025. Zipline said it has now completed more than 2 million commercial deliveries of 20 million different items, spanning 125 million miles. The startup said it will use the new funding to support expansion and growth in the US and to new areas. The US drone delivery market is getting more crowded with retailers and tech groups testing different models. Walmart has worked with multiple partners including Zipline, Alphabet Inc.’s Wing, DroneUp and Flytrex, while Amazon.com Inc. runs its own in-house drone unit operating in Texas and Arizona. Most efforts focus on lightweight, short-range deliveries such as food, groceries and medicine, though questions remain about noise, cost and whether drones can compete economically with vans at scale. Zipline operates two distinct drone platforms tailored ...