Check out the companies that make headlines in front of the bell. Celius Holdings – Energy beverage manufacturers soared more than 31% after exceeding expectations for fourth-quarter earnings and signed an agreement to obtain Alani nutrition in cash and stock trading. Celsius had revenue of $332 million, with revenue of 14 cents per share, while LSEG voted analysts at 11 cents per share and $326 million, respectively. Dropbox – Cloud Software’s stock fell more than 9% in mixed quarter results. Block reported a fourth-quarter non-GAAP gross margin of 83.1%, which is consistent with analyst expectations. To be sure, the company’s adjusted revenue and revenue exceeded consensus forecasts. Block – Stocks fell 8.8% after the first and bottom line errors reported in the fourth quarter. The fintech company had revenue of $6.03 billion in adjusted revenue of 71 cents per share. LSEG’s expected revenue for analysts was 87 cents per share, with revenue of $6.29 billion. Booking Holding – achieved better than expected results in the fourth quarter, with online travel booking platforms up 3.1%. Adjusted earnings were $41.55 per share, beating analyst estimates at $36.03 per share. $5.47 billion in revenue also surpassed the forecast at $5.18 billion. Akamai Technologies – Cloud computing stock fell nearly 10%, weaker than expected under the company’s first quarter guidance. During the quarter, Akamai asked adjusted revenue to range between $1.54 and $1.59 per share, with revenue of $1 billion to $1.02 billion. LSEG estimated revenues of $1.65 per share for analysts, with revenue of $1.045 billion. UnitedHealth – Stocks sank about 8% after the Wall Street Journal reported that insurance companies were investigating the Justice Department. The report said the investigation is evaluating UnitedHealth’s record diagnostics program, which could lead to additional payments for the Medicare Advantage program. Rivian – EV manufacturer shares fell more than 3% after the company predicted a decline in delivery rates in 2025. The company predicts that stock delivery volumes will be 46,000 to 51,000 in 2025, compared with 51,579 vehicles delivered last year. Rivian did beat Wall Street’s fourth-quarter revenue forecast and earned its first quarter total profit. Insulation – Insulin delivery system manufacturers are stock lower than about 1.5%. The company called for first-time revenue to grow by 22% to 25%, with revenues at the lower end slightly down, with each fact being 23.1%. However, the fourth quarter results exceeded expectations from the top and bottom line. Mercadolibre-Latin American e-commerce company shares jumped nearly 12% after expectations of the highest performance in the fourth quarter. The company reported earnings per share of $12.61 and revenue of $6.06 billion. According to LSEG, analysts expect $7.93 per share, with revenue of $5.88 billion. Grab – Stocks rose 2.8% after JPMorgan upgraded ride-sharing and food delivery applicant developers to overweight, saying Grab will rise after its latest revenue outlook. – CNBC’s Sarah Min, Alex Harring, Yun Li, Jesse Pound and Pia Singh contributed the report
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