Rob Sechan, CEO of NewEdge Wealth, named Blackstone Inc. (BX) as his final trade on CNBC's Halftime Report. BX reported great results with distributable earnings rising 3% to $2.24B in Q4.
Fourth-quarter revenue increased 3% from a year earlier to $3.88 billion, topping Wall Street expectations of $3.78 billion, according to Fiscal.ai data.
Quince Therapeutics shares plunged nearly 90% after its Phase 3 trial for a rare genetic disorder missed primary and secondary goals, despite showing no major safety concerns.
Hawaiian banking company First Hawaiian (NASDAQ:FHB) met Wall Streets revenue expectations in Q4 CY2025, with sales up 5.4% year on year to $225.9 million. Its GAAP profit of $0.56 per share was 2% above analysts’ consensus estimates.
Disney (NYSE: DIS) will release Q1 earnings on Feb. 2. Analysts expect $1.58 EPS & $25.6B revenue. Shares up 1.8% to $111.58 - potential for monthly dividend income.
Global payments company American Express (NYSE:AXP) missed Wall Street’s revenue expectations in Q4 CY2025, but sales rose 10.6% year on year to $17.57 billion. Its GAAP profit of $3.53 per share was in line with analysts’ consensus estimates.
