Take a look at the businesses making headlines earlier than the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s inventory rose 3% after the agency posted its highest month-to-month income ever. Its January income soared to $401.3 billion New Taiwan {dollars}, up 37% from the identical quarter a 12 months in the past, the agency stated Tuesday in a press release. Dupont De Nemours — Shares gained 2% after the corporate’s fourth-quarter earnings got here in higher than anticipated. For the interval, Dupont posted adjusted earnings of 46 cents per share, above the 43 cents that analysts polled by FactSet had been anticipating. Its income of $1.69 billion was according to expectations. The corporate additionally reported upbeat full-year earnings and income steerage. S & P World — The inventory fell about 16% after S & P World reported that it expects adjusted earnings within the vary of $19.40 to $19.65 per share for 2026, a determine that’s nicely beneath analysts’ consensus estimate of $20.02, per FactSet. It additionally posted adjusted earnings of $4.30 per share for the fourth quarter, coming in beneath analysts’ forecast of $4.33 per share. CVS Well being — The retail pharmacy chain’s inventory slipped 2% after the agency maintained its 2026 income steerage of at the least $400 billion, whereas analysts polled by LSEG had been anticipating income of $409.77 billion. CVS additionally shared full-year steerage for money from operations of at the least $9 billion. This was down from prior steerage of at the least $10 billion and FactSet’s $10.59 billion consensus. Nonetheless, the corporate’s fourth-quarter earnings and income beat analysts’ estimates, in accordance with LSEG. Ferrari — U.S. shares of the luxurious Italian carmaker jumped greater than 8% after it reported a fourth-quarter earnings and income beat. Ferrari additionally delivered full-year 2026 earnings and income steerage that was according to expectations, in accordance with analysts surveyed by FactSet. Coca-Cola — The snack and beverage big sank about 3% after reporting a fourth-quarter income miss and forecasting modest development. Coca-Cola’s adjusted income got here in at $11.82 billion, in need of the $12.03 billion anticipated from analysts polled by LSEG. Nonetheless, the corporate’s adjusted earnings of 58 cents a share topped the consensus estimate by 2 cents. It’s projecting natural income development of 4% to five% and comparable earnings per share development of seven% to eight% for the total 12 months. ON Semiconductor — The semiconductor provider dropped almost 5% after gross sales declined in its two greatest companies. It posted fourth-quarter income of $1.53 billion, lacking the LSEG consensus estimate of $1.54 billion. Then again, earnings of 64 cents per share, on an adjusted foundation, topped the forecasted 62 cents per share. Upwork — Shares of the web market for freelancers tumbled 24% after the corporate disclosed energetic shoppers on the finish of 2025 at 785,000, down from 832,000 on the finish of the prior 12 months. Upwork additionally posted current-quarter income steerage within the vary of $192 million to $197 million, beneath the $201 million consensus estimate from LSEG. Present-quarter adjusted earnings steerage additionally missed estimates. Chegg — The net tutoring firm dropped 6% after posting fourth-quarter adjusted EBITDA of $12.9 million. That is down from roughly $37 million within the year-ago interval. Income of $72.7 million fell 49% 12 months over 12 months. Credo Know-how — Credo jumped 15% after the corporate introduced forward of its earnings that it could increase its income steerage for the third quarter of fiscal 12 months 2026. The corporate expects income of $404 million to $408 million, nicely above its prior goal between $335 million and $345 million. — CNBC’s Sean Conlon, Lisa Kailai Han, Michelle Fox and Davis Giangiulio contributed reporting.
