Today is Wednesday, January 21, 2026.

The Early Bird Index today is 83.86.

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Netflix $NFLX ( ▲ 2.96% ) reported financial results in after-hours trading on Tuesday, and the stock fell 4.84% as the streaming giant explained how it would pay for its Warner Bros Discovery $WBD ( ▲ 0.07% ) deal.

Financials: Netflix reported earnings of 56 cents per share in the past quarter and revenue of $12.05 billion. Both were better than expected.

Details: Revenue increased 18% year over year, and the company crossed the 325 million paid memberships milestone during the quarter.

Powering Story: To fund its all-cash acquisition of Warner Bros., Netflix announced Tuesday that it will pause its share buyback program to save cash for the deal.

Early Bird’s Nest Egg Gains: Netflix’s pause of stock buybacks is a near‑term negative for sentiment and per‑share support, but by itself, it is not an obvious red flag about the core business. The bigger question is the risk/reward of the Warner Bros. deal and heavier spending. 

Final Thoughts: It’s more bad news for Netflix, with the stock previously down 6% in the last 30 days.

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Notable Earnings Today: Johnson & Johnson (NYSE: JNJ), Kinder Morgan (NYSE: KMI), Halliburton (NYSE: HAL), Ally Financial (NYSE: ALLY), Charles Schwab (NYSE: SCHW), Knight-Swift (NYSE: KNX), Pinnacle Financial (NYSE: PNFP), FB Financial (NYSE: FBK), CACI International (NYSE: CACI), TE Connectivity (NYSE: TEL), Teledyne Tech (NYSE: TDY), Prologis (NYSE: PLD), RLI Corp (NYSE: RLI), Old National Bancorp (Nasdaq: ONB), Truist (NYSE: TFC), Banc of California (NYSE: BANC), Travelers (NYSE: TRV), Fulton Financial (Nasdaq: FULT), BankUnited (NYSE: BKU), Banner Corp (Nasdaq: BANR), Eagle Bancorp (Nasdaq: EGBN), Equity Bancshares (NYSE: EQBK), MakeMyTrip (Nasdaq: MMYT).

Notable IPOs Today: Pulsenmore Ltd. Ordinary Shares (Nasdaq: PLSM), Santacruz Silver Mining Ltd. Common Shares (Nasdaq: SCZM), X3 Acquisition Corp. Ltd. Unit (Nasdaq: XCBEU).

Notable Equity Crowdfunding Campaigns Ending Today: Fanbase (StartEngine).

Notable Economic Events Today: Pending Home Sales (10:00 a.m. ET), Construction Spending (10:00 a.m. ET).

United Airlines Holdings $UAL ( ▼ 2.25% ) posted strong financial earnings results on Tuesday, which sent the stock up 3.48% in after-hours trading.

Financials: United Airlines reported earnings of $3.10 per share in the past quarter and revenue of $15.4 billion. Both were better than expected.

Details: Although revenue per available seat mile declined in the quarter, premium revenue grew 9% and loyalty revenue jumped 10%.

Final Thoughts: While the stock is down in the past year, United Airlines projects a stronger 2026, and that is making investors excited.

Interactive Brokers Group $IBKR ( ▲ 0.73% ) fell 1.85% in after-hours trading on Tuesday after posting mixed financial earnings results.

Financials: Interactive Brokers reported earnings of 65 cents per share in the past quarter, which were better than expected. But revenue was just $1.64 billion, which was in-line.

Final Thoughts: The results come after the stock’s 48% surge in the past year.

Bad Tuesday: US bank stocks fall as investors await credit card rate cap deadline (Reuters)

Seeking an Airdrop: Solana Mobile begins SKR token airdrop to Seeker phone users (CoinDesk)

AI Billionaire Battle: Musk And Altman Clash Over AI Safety After Musk Says ‘Don’t Let Your Loved Ones Use ChatGPT’ (Forbes)

AI Bubble Alert: Microsoft CEO warns AI needs to spread beyond Big Tech to avoid bubble (The Seattle Times)

Retiring on Bitcoin: Bitcoin enters Delaware Life’s retirement annuity portfolio (Cointelegraph)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}