By Michelle Fox
Publication Date: 2026-01-29 12:43:00
Check out the companies making the biggest moves in premarket trading: Meta Platforms — Shares jumped 9%. The social media giant called for first-quarter sales to range from $53.5 billion to $56.5 billion, topping the analysts’ consensus call for $51.41 billion. Fourth-quarter earnings came in at $8.88 per share on revenue of $59.89 billion, while the LSEG consensus sought $8.23 per share and $58.59 billion. Meta’s Reality Labs unit recorded a greater operating loss than expected. Southwest Airlines — The carrier rallied 5.3% after forecasting a surge in 2026 profits on the back of its business model overhaul. Southwest Airlines said it expects to earn, at minimum, an adjusted $4 per share in 2026. That’s higher than the $3.19 analysts expected, according to estimates from LSEG. Tesla — The stock rose 2.3% after the company posted better-than-expected fourth-quarter results. Tesla reported adjusted earnings of 50 cents per share on revenue of $24.9 billion, while analysts…