On this episode of Stock Movers:

- Capital One (COF) reported a surge in third-quarter profit, beating Wall Street estimates, and the lender announced plans to repurchase as much as $16 billion of stock in the wake of its acquisition of Discover Financial Services. Net income surged 80% to $3.19 billion, or $4.83 a share, the McLean, Virginia-based company said Tuesday in a statement. Adjusted earnings per share totaled $5.95, topping the $4.39 average estimate of analysts surveyed by Bloomberg. Shares of Capital One rose 2.7% to $223 in extended trading at 4:20 p.m. in New York. The stock had climbed 22% this year, outperforming the 16% advance for the 24-company KBW Bank Index. 

- Netflix (NFLX) said a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.The world’s most valuable entertainment company posted quarterly operating income of $3.24 billion, according to a statement Tuesday, about $400 million below its own forecast and analysts’ estimates. The company’s outlook for the current quarter is largely in line with Wall Street projections. Shares tumbled in afterhours trading.

- GM (GM) shares jumped the most since 2020 after the automaker raised its full-year outlook, buoyed by better-than-expected pickup truck sales and fresh relief from the Trump administration’s tariffs on auto parts. Adjusted earnings before interest and taxes will be $12 billion to $13 billion in 2025, the automaker said in a statement on Tuesday. That’s up from a previous range of $10 billion to $12.5 billion. The improved outlook comes as GM has seen a jump in sales of high-margin gas-powered SUVs and trucks partly enabled by moves to ease federal emissions rules.

On this episode of Stock Movers: - Capital One (COF) reported a surge in third-quarter profit, beating Wall Street estimates, and the lender announced plans to repurchase as much as $16 billion of stock in the wake of its acquisition of Discover Financial Services. Net income surged 80% to $3.19 billion, or $4.83 a share, the McLean, Virginia-based company said Tuesday in a&nbsp;statement. Adjusted earnings per share totaled $5.95, topping the $4.39 average estimate of analysts surveyed by Bloomberg. Shares of Capital One rose 2.7% to $223 in extended trading at 4:20 p.m. in New York. The stock had climbed 22% this year, outperforming the 16% advance for the 24-company KBW Bank Index.&nbsp; - Netflix (NFLX) said a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.The world&rsquo;s most valuable entertainment company posted quarterly operating income of $3.24 billion, according to a&nbsp;statement&nbsp;Tuesday, about $400 million below its own forecast and analysts&rsquo; estimates. The company&rsquo;s outlook for the current quarter is largely in line with Wall Street projections. Shares tumbled in afterhours trading. - GM (GM) shares jumped the most since 2020 after the automaker raised its full-year outlook, buoyed by better-than-expected pickup truck sales and&nbsp;fresh relief&nbsp;from the Trump administration&rsquo;s tariffs on auto parts. Adjusted earnings before interest and taxes will be $12 billion to $13 billion in 2025, the automaker said in a&nbsp;statement&nbsp;on Tuesday. That&rsquo;s up from a previous range of $10 billion to $12.5 billion. The improved outlook comes as GM has seen a jump in sales of high-margin gas-powered SUVs and trucks partly enabled by moves to ease federal emissions rules.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Netflix Says Tax Dispute Hurt Last Quarter, Capital One & GM Rally 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ea1cf722-049f-4311-a1c4-b37d01686ca6/transcript

Advertisement