00:00all right futures under pressure yet again after the sell-off yesterday futures have actually
00:12rebounded in the overnight session and early this morning but as of late have rolled over
00:17and retested the overnight lows currently S&P futures down 0.10% Dow futures down 0.21%
00:25and the Nasdaq down 0.2% see if they firm up ahead of the open here let's take a look at some cues from
00:33last session while consumer staple stocks bucked the trend to close higher information technology
00:39consumer discretionary and financial stocks recorded the biggest losses on Tuesday as most S&P 500
00:46sectors finished on a negative note on Tuesday S&P 500 index recorded its worst session since
00:56October of 2025 which is isn't that long ago to be honest dipping more than two percent during the
01:02session as risk-off sentiment intensified following President Trump's aggressive new trade stance
01:08towards Europe Trump threatened several European countries with additional tariffs starting on
01:13February 1st if negotiations over Greenland control fail well with duties potentially rising to 25%
01:22from June European officials warned of retaliation that could affect up to 25% of U.S. exports to Europe
01:30potentially including services and floated the possibility of reducing treasury holdings on Wednesday
01:36the spotlight shifts to the World Economic Forum in Davos where Trump is scheduled to deliver a keynote
01:41address and hold discussions with foreign nations regarding Greenland meanwhile the 10-year treasury bond
01:48yielded 4.27% and the two-year bond was at 3.58% meanwhile the CME's Fed watch tool held steady at 95%
01:56sure looks like we're not getting a rate cut here in January and that was somewhat expected now we do
02:02have several stocks in focus here for you today the first one is going to be Johnson & Johnson which is
02:08ticker JNJ it was 0.33% lower in the pre-market on Wednesday as it is projected to post quarterly
02:18earnings of 246 per share on revenue of 24.16 billion before the opening bell now since then that report
02:25has come out Johnson & Johnson reported Q4 adjusted EPS of 246 which beat the 244 estimate they also reported
02:34sales of 24.564 billion which beat the estimate of 24.159 billion so that's a beat on the top and the
02:41bottom line full year 26 adjusted EPS of 1143 to 1163 that's versus the 1145 estimate so the estimate
02:51is at the low end of the range they see sales at 99.5 to 100.5 billion and that was versus the estimate
02:59of 98.89 billion so Johnson & Johnson is actually trading lower here in the pre-market but it does
03:06look like there was a beat on the top and the bottom line and while the guidance was in range it's
03:11actually at the higher end of the range the next stop we have for you today is GameStop get ready
03:19buckle up GameStop often creates a whole lot of fun here ticker GME it rose 2.7 percent after CEO Ryan
03:27Cohen disclosed a massive purchase of the stock according to an SEC filing Cohen purchased 500,000
03:34additional shares of GameStop at a weighted average price of approximately 21.12 per share
03:39I'm curious how many people still trade GameStop on a regular basis the next stock on our list here is
03:46one we've been waiting for it's Netflix Netflix is no shortage of news the ticker is NFLX and it
03:53tumbled 5.48 percent despite reporting better than expected fourth quarter financial results
03:58however it sees first quarter revenue of 12.16 billion versus street consensus estimate of 12.19
04:05billion also it expects a first quarter earnings revenue excuse me first quarter earnings per share
04:10of 76 percent which is below a consensus estimate of 81 cents Netflix also trading lower here today
04:18we'll take a look at the Netflix chart I know we've been waiting for a spot on that chart in the
04:24low 80s that's where we find ourselves this morning so we'll be taking a look at that chart here pretty
04:28soon the next stock on our list is going to be United Air Holdings this is ticker UAL that was 4.1
04:35percent higher after the carrier followed a fourth quarter earnings beat with a bullish first quarter
04:40forecast of a dollar to a dollar 50 per share topping the analyst estimates Intel wraps up our list
04:48here today ticker intc rose 2.88 percent after upgrades from HSBC and seaport research and that was
04:57according to Motley Fool
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