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Earnings Reports 27 January 2026

Meta stock jumps on $6 billion Corning AI cable deal as earnings loom

Meta stock jumps on $6 billion Corning AI cable deal as earnings loom

Meta Platforms jumped about 2% to $672.36 early Tuesday after the Facebook parent struck a deal to pay Corning up to $6 billion for fiber-optic cables that will support AI data centers. Corning plans to ramp up production at its Hickory, North Carolina plant, where Meta will be a key customer. CNBC reported the contract payments extend through 2030. “Together with Meta, we’re strengthening domestic supply chains,” said Corning CEO Wendell Weeks.
Wall Street futures rise ahead of Fed decision as Medicare rate plan hits insurers, earnings roll in

Wall Street futures rise ahead of Fed decision as Medicare rate plan hits insurers, earnings roll in

U.S. stock index futures edged up early Tuesday as investors prepared for a heavy earnings slate and the Federal Reserve’s first policy announcement of the year. Health insurers took a hit following a Medicare Advantage payment proposal. At 5:22 a.m. ET, S&P 500 E-mini futures rose 0.25%, Nasdaq 100 E-minis gained 0.54%, while Dow E-minis slipped 0.08%.
Dow Jones futures slip as UnitedHealth tumbles on Medicare rates, Fed and earnings loom

Dow Jones futures slip as UnitedHealth tumbles on Medicare rates, Fed and earnings loom

Dow futures slipped early Tuesday as UnitedHealth fell on news of a proposed Medicare Advantage rate update. Meanwhile, S&P 500 and Nasdaq futures climbed, with investors gearing up for a packed earnings slate and the start of the Federal Reserve meeting. By 5:22 a.m. ET, Dow E-minis were down 40 points, or 0.08%. S&P 500 E-minis gained 17.25 points, or 0.25%, and Nasdaq 100 E-minis jumped 140 points, or 0.54%. UnitedHealth, set to report earnings before the open, dropped 8.6%. Salesforce rose 2.2% after securing a $5.6 billion contract with the U.S. Army. Traders also kept an eye on consumer confidence figures and the looming January 30 U.S. funding deadline.
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