All three major US stock indexes were up in late-morning trading Wednesday, as investors look ahead to the release of Nvidia's (NVDA) latest earnings results after the market closes in the afternoon.

In company news, MercadoLibre (MELI) reported Q4 earnings late Tuesday of $11.03 per diluted share, down from $12.61 a year earlier and below the FactSet consensus analyst estimate of $11.50. Fourth-quarter revenue was $8.76 billion, up from $6.06 billion a year ago and above the FactSet consensus of $8.47 billion. MercadoLibre shares were down 10.4% around midday.

Appaloosa Founder David Tepper criticized Whirlpool (WHR) on Wednesday in a letter to its board. Tepper, whose hedge fund is a Whirlpool shareholder, said "this action reflects a striking lack of judgment on the part of the Board and senior management team," and he accused the management team of destroying "hundreds of millions of dollars" of shareholder value over the years. Whirlpool shares were down 1.2%.

TJX (TJX) reported fiscal Q4 earnings Wednesday of $1.58 per diluted share, up from $1.23 a year earlier and above the FactSet consensus of $1.38. Fiscal Q4 net sales were $17.74 billion, up from $16.35 billion a year ago and above the FactSet consensus of $17.36 billion. For fiscal Q1, the company said it expects diluted EPS of $0.97 to $0.99, below the FactSet consensus of $1.02. For fiscal 2027, TJX said it expects diluted EPS of $4.93 to $5.02, below the FactSet consensus of $5.17. TJX shares were up 1.0%.

Axon Enterprise (AXON) reported Q4 non-GAAP earnings late Tuesday of $2.15 per diluted share, up from $2.08 a year earlier and above the FactSet consensus of $1.60. Fourth-quarter revenue was $796.72 million, up from $575.15 million a year ago and above the FactSet consensus of $755.6 million. Axon shares were up 22.0%.

Lowe's (LOW) reported fiscal Q4 adjusted earnings Wednesday of $1.98 per diluted share, up from $1.93 a year earlier and above the FactSet consensus of $1.94. Fiscal Q4 net sales were $20.58 billion, up from $18.55 billion a year ago and above the FactSet consensus of $20.34 billion. For fiscal 2026, the company said it expects adjusted diluted EPS of $12.25 to $12.75 on revenue of $92 billion to $94 billion. Analysts surveyed by FactSet expect $12.90 diluted EPS on revenue of $93.26 billion. Shares of Lowe's were down 4.8%.

Oddity Tech (ODD) reported Q4 adjusted earnings Wednesday of $0.20 per diluted share, matching last year's figure and above the FactSet consensus of $0.14. Fourth-quarter revenue was $152.7 million, up from $123.6 million a year ago and above the FactSet consensus of $151.1 million. For Q1, Chief Financial Officer Lindsay Drucker Mann said the company expects revenue to decline around 30% year over year due to "the dislocation we are experiencing in acquisition costs." Oddity Tech shares were down 49.6%.

Workday (WDAY) reported fiscal Q4 non-GAAP net income late Tuesday of $2.47 per diluted share, up from $1.92 a year ago and above the FactSet consensus of $2.32. Fiscal Q4 revenue was $2.53 billion, up from $2.21 billion a year ago and above the FactSet consensus of $2.52 billion. For fiscal Q1, the company said it expects subscription revenue of $2.335 billion, below the FactSet consensus of $2.35 billion. For fiscal 2027, the company said it expects subscription revenues of $9.925 billion to $9.950 billion, below the FactSet consensus of $9.99 billion. Workday shares were down 1.0%.

Driven Brands (DRVN) said Wednesday in a regulatory filing that it is delaying the release of its fiscal Q4 earnings results after an audit committee found material errors in fiscal 2023 and 2024 financial statements as well as in the first three quarterly reports in fiscal 2025. Driven shares were down 37.4%.

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