By WSJ Staff

Netflix $(NFLX)$: The streaming company posted better-than-expected quarterly results, with series such as "Stranger Things" boosting viewership. However, shares dropped about 5.5% in premarket trading. Netflix posted its results shortly after sweetening its $72 billion bid for Warner Bros. Discovery $(WBD)$.

Kraft Heinz $(KHC)$: The food company said in a filing that top shareholder Berkshire Hathaway might sell nearly all of its Kraft Heinz shares. The stock fell about 3.5% premarket.

United Airlines $(UAL)$: The carrier's quarterly pretax earnings took a hit of about $250 million from the government shutdown. However, adjusted results topped projections and it forecast earnings would jump this year, boosted by bigger-spending travelers. Shares gained around 3.5% in offhours trading.

Johnson & Johnson $(JNJ)$ and Charles Schwab $(SCHW)$ are among the companies due to post quarterly earnings early Wednesday.

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(END) Dow Jones Newswires

January 21, 2026 04:26 ET (09:26 GMT)

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