Check out the companies making headlines in pre-market trading. JPMorgan Chase & Co. — The banking giant reported fourth-quarter results that beat analysts’ expectations, helped by strong performance in its fixed income and investment banking businesses. The company earned $4.81 per share on revenue of $43.74 billion. Analysts polled by London Stock Exchange Group (LSEG) expected profits of $4.11 per share on revenue of $41.73 billion. Shares rose more than 1%. Quantum Computing Stocks – Stocks rose after Microsoft announced its new enterprise quantum readiness initiative, saying: “We are on the cusp of an era of reliable quantum computing.” Rigetti Computer rose 8% and D-Wave Quantum rose more than 17.5 %. IonQ rose 4.8%. Wells Fargo — The bank reported fourth-quarter earnings that beat Wall Street expectations, sending shares up 3.2%. The company’s adjusted earnings per share were $1.42, beating LSEG’s forecast of $1.35 per share. Wells Fargo also stated that it expects net interest income to grow by 1%-3% in 2025 compared with the same period last year. Goldman Sachs — Shares rose 2.1% after the bank beat fourth-quarter results, benefiting from a rebound in Wall Street trading and stronger-than-expected trading revenue. Goldman reported quarterly earnings of $11.95 per share on revenue of $13.87 billion, while analysts polled by LSEG expected earnings of $8.22 per share on revenue of $12.39 billion. Digital Realty Trust — The real estate stock rose 1.7% in thin pre-market trading after Deutsche Bank upgraded the stock to buy from hold. Digital Realty should benefit from continued demand for data centers when some below-market leases expire in the next few years, the investment firm said. BlackRock — Shares of BlackRock rose more than 3.7% after the world’s largest asset manager reported fourth-quarter results that beat expectations. The company earned $11.93 per share on revenue of $5.68 billion. Analysts expected profits of $11.19 per share and revenue of $5.68 billion. Citigroup — Shares of Citigroup rose more than 3% after the bank reported fourth-quarter results that beat analysts’ expectations. Citigroup earned $1.34 per share on revenue of $19.58 billion. Analysts expected earnings of $1.22 per share and revenue of $19.49 billion, according to LSEG. —CNBC’s Fred Imbert, Jesse Pound, Sean Conlon and Michelle Fox contributed reporting.
