Earnings

• Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook - The pharmaceutical giant reaffirmed the modest 2026 outlook that rattled investors in December.
• Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms - Merck posted a modest 2026 outlook that fell short of estimates, as it prepares for some drugs to go off patent later this year and face generic competition.
• PepsiCo earnings beat estimates as drinks sales pick up around the world - PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street's estimates.
• Nintendo keeps its full-year sales guidance as Switch 2 momentum continues - Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
• Palantir beats fourth-quarter estimates on the strength of AI and defense demand - Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
• Disney signals its next CEO will take over a company with strong momentum - Disney CEO Bob Iger touted the company's growth in its last three years as the company prepares to announce his successor.
• Disney beats Wall Street expectations propelled by theme parks and streaming - In the background of Disney's earnings report on Monday is the question of who will be named the successor to CEO Bob Iger. 
• Top Wall Street analysts suggest these 3 dividend stocks for stable income - Investors seeking consistent income against a volatile backdrop can add attractive dividend-paying stocks to their portfolios.
• Chevron earnings beat as production hits record with upside expected in Venezuela - The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.
• Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings - Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.