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Diversified healthcare company CVS Health (NYSE:CVS) announced better-than-expected revenue in Q4 CY2024, with sales up 4.2% year on year to $97.71 billion. Its non-GAAP profit of $1.19 per share was 29.6% above analysts’ consensus estimates.

Restaurant Brands International reported better-than-expected fourth-quarter results Wednesday, sending shares higher in premarket trading.

Rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.3% year on year to $2.58 billion. The company’s full-year revenue guidance of $10.88 billion at the midpoint came in 1.5% below analysts’ estimates. Its non-GAAP profit of $1.68 per share was 3% below analysts’ consensus estimates.

Shares of CVS Health surged Wednesday morning after the health insurance and pharmacy giant reported better-than-expected fourth-quarter results.

(Bloomberg) -- President Donald Trump’s advisers have discussed shifting billions in funding from USAID to a government-run agency due to be headed up by the dealmaker son of Apollo Global Management co-founder Leon Black, part of an overhaul of how the US wields economic power internationally.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome T

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Hyperactive U.S. policy moves appear to have frozen macro markets this week, with Wednesday's key U.S. inflation release set to hold Federal Reserve boss Jerome Powell's benign take on economy up to the light. Powell basically told Congress on Tuesday that the economy was fine and that Fed policy was sufficiently well calibrated to deal to with uncertainties surrounding the new government plans - credit is still 'restrictive' while they wait and see. "We are in a pretty good place," Powell told the Senate committee - citing tariffs, immigration, fiscal and regulatory policy as the key variables the Fed will "try to make sense of".

Tesla stock continues to sell off as concerns mount on Elon Musk's many distractions.

Big names like Tesla and Dropbox have already left and Meta is looking to do the same.