GM, Boeing report quarterly results: Morning Buzz

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.

1. STOCK NEWS:

• General Motors (GM) reported upbeat Q4 earnings and revenue and provided FY25 earnings guidance
• Boeing (BA) reported downbeat Q4 core earnings, with the company saying it still expects to be using cash in 2025
• Royal Caribbean (RCL) reported better-than-expected Q4 earnings and provided its outlook for Q1 and FY25
• Popular (BPOP) reported upbeat Q4 results
• Sysco (SYY) reported better-than-expected Q2 revenue and guided for FY25 adjusted earnings per share growth

2. WALL STREET CALLS:

• AMD (AMD) downgraded to Hold from Buy at Melius Research
• Astera Labs (ALAB) upgraded to Outperform at Northland after 28% tumble
• Exane upgraded Cisco (CSCO) to Outperform with “several catalysts ahead”
• Victoria’s Secret (VSCO) upgraded at Barclays, here’s why
• Craig-Hallum bullish on Oklo (OKLO), initiated with a Buy

3. AROUND THE WEB:

• Volkswagen (VWAGY) and its Chinese partners have discussed the possibility of investing in plants in Germany, Reuters reports
• Drugmakers, including Pfizer (PFE), Novartis (NVS), and Bristol-Myers Squibb (BMY), raised the prices of more than 800 prescription drugs by 4%, WSJ reports
• Stella McCartney is buying back the minority stake in her fashion brand held by LVMH (LVMUY), Reuters reports
• President Donald Trump told reporters Microsoft (MSFT) is in talks to buy TikTok, Reuters reports
• HSBC (HSBC) will wind down some of its investment banking operations in Europe, the U.S., and the Americas, Bloomberg says

4. MOVERS:

• BlackSky (BKSY) gains after announcing an over $100M contract from its defense sector partner
• Invesco (IVZ) higher after reporting quarterly results
• Nano Nuclear Energy (NNE) decreases after highlighting additional patents acquired from USNC
• XPLR Infrastructure (NEP) falls after reporting quarterly results and providing guidance for FY25
• SoundHound (SOUN) lower after filing a $500M mixed securities shelf

5. EARNINGS/GUIDANCE:

• JetBlue (JBLU) reported Q4 results, with EPS and revenue beating consensus
• Lockheed Martin (LMT) reported Q4 results and provided guidance for FY25
• Synchrony (SYF) reported Q4 results, with CEO Brian Doubles commenting, “Synchrony’s fourth quarter performance demonstrated the power of our differentiated business model”
• RTX (RTX) reported Q4 results, with EPS and revenue beating consensus
• Kimberly-Clark (KMB) reported Q4 results and provided guidance for FY25

INDEXES:

Near midday, the Dow was up 0.21%, or 91.82, to 44,805.40, the Nasdaq was up 1.34%, or 259.71, to 19,601.54, and the S&P 500 was up 0.55%, or 33.25, to 6,045.53.