Claman on Call: Netflix Soars Past Expectations

By Markets FOXBusiness

Netflix surged in after hours after the streaming content provider soared past analyst estimates for fourth quarter earnings per share, while revenue was in line with expectations. Netflix also topped its own forecast for subscribers worldwide, sending the stock higher in extended trade.

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IBM also reported earnings after the bell. The tech giant beat analyst estimates for EPS but came in short on revenue in the fourth quarter. IBM stock traded down slightly in after hours trade.

Taking a look at markets -- it was a choppy trading day for U.S. stocks. The three major indices reversed earlier losses and ended the day slightly higher, with the tech sector leading the gains.

On Wednesday, the World Economic Forum in Davos, Switzerland, kicks off. More than 2,500 participants from 140 different countries will be present. FBN's Liz Claman will be live from Davos all week talking to some of the smartest and most recognizable business leaders, including Dow Chemical CEO Andrew Liveris and IMAX CEO Richard Gelfond. 

Plus, don't miss her interview with Former British Prime Minister Tony Blair, where she'll find out what his thoughts are on global growth, the ECB, terrorism and much more.

Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.

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