Netflix earnings preview, Apple price target boost, Coca-Cola reports better-than-expected results

Earnings Reports - General Motors (GM) raised its full-year earnings guidance to between $9.75 and $10.50 per share, up from its prior range, despite a mixed earnings report where revenue slightly missed estimates [7][9] - GM's adjusted EBIT for the quarter was reported at $3.4 billion, exceeding expectations, while the company expects a tariff impact of $3.5 to $4.5 billion for the year, which is an improvement from earlier estimates [8][9] - Coca-Cola reported better-than-expected adjusted earnings, although revenue slightly missed estimates, with a notable growth in Coca-Cola Zero Sugar, which saw a 14% increase [14][20] Market Reactions - GM shares surged over 10% in pre-market trading following the earnings report and optimistic guidance [6][10] - Coca-Cola's stock rose approximately 2.7% in early pre-market trading due to the positive earnings report [16] Industry Trends - The aerospace and defense sector is experiencing strong demand, with companies like General Electric (GE) and RTX raising their full-year outlooks for the second consecutive quarter [21][22] - GE reported a 26% increase in third-quarter revenue, driven by demand in both commercial and defense sectors [22] Strategic Developments - Warner Brothers Discovery is reviewing strategic alternatives amid takeover interest, including potential offers for parts of its business, while still planning to separate into two distinct entities by mid-next year [28][30] - The company has received unsolicited interest from multiple parties, prompting the board to consider various options to maximize shareholder value [30][31] Other Notable Companies - Apple is expected to report strong fiscal fourth-quarter earnings, with price targets raised by Goldman Sachs and Wells Fargo, driven by high demand for the iPhone 17 [51][52] - 3M raised its profit forecast for the second straight quarter, indicating a positive trajectory under CEO Bill Brown's turnaround plan [52][53] - Unilever has delayed the spin-off of its ice cream division due to the US government shutdown, but remains committed to the demerger in 2025 [54][55]