Check out the companies making headlines before the bell: Warner Bros. Discovery , Paramount Skydance — Shares of the two media and entertainment companies rose after Netflix granted Warner Bros. Discovery a seven-day waiver to hold deal talks with Paramount Skydance. Warner Bros. Discovery gained 2.4%, while Paramount jumped nearly 4%. Masimo , Danaher — Shares of health tech giant Masimo rallied more than 33% after The Wall Street Journal and Financial Times reported, citing sources, that the company was nearing a deal with Danaher to be acquired for $180 per share, or $10 billion, in cash. Shares of Danaher slid more than 7%. DTE Energy Company — Shares jumped 2% after an earnings beat for both the fourth quarter and fiscal year 2025 in its report delivered Tuesday morning. However, its 2026 guidance came in on the lower end of expectations. Norwegian Cruise Line Holdings — The cruise operator moved 7.5% higher following a Wall Street Journal report , citing people familiar, that Elliott Investment Management has built a more than 10% stake in Norwegian. The activist investor plans to press for changes to turn around the company’s performance. Norwegian’s stock has lagged behind its competitors, Royal Caribbean and Carnival. ZIM Integrated Shipping Services — Shares surged 35% after German-based international container shipping and logistics company Hapag-Lloyd Aktiengesellschaft said it will buy Israeli competitor ZIM Integrated Shipping Services in a $4.2 billion transaction, in cash and external financing. Vulcan Materials — The U.S. producer of construction aggregates slid 7% after posting disappointing results. Vulcan reported adjusted EBITDA of $518 million in the fourth quarter, below the FactSet consensus estimate of $603.1 million. Revenue of $1.91 billion came in below the anticipated $1.96 billion. Genuine Parts Company — Shares fell more than 5% after Genuine Parts said it planned to split its automotive parts group and its industrial parts group into two publicly traded companies. That decision followed a strategic review it underwent as part of its deal with activist Elliott Investment Management. The company also reported fourth-quarter earnings and revenue that fell short of expectations. Earnings of $1.55 per share, on an adjusted basis, missed the $1.82 per share expected by analysts polled by FactSet. Revenue of $6.01 billion came in below the expected $6.06 billion. Labcorp — The global life sciences company gained 2.9% after Labcorp released fourth-quarter results that exceeded expectations, with adjusted earnings of $4.07 per share on revenues of $3.52 billion. Analysts polled by FactSet expected earnings of $3.94 per share on revenue of $3.56 billion. Leidos — Shares dropped nearly 3% after the tech company in defense and intelligence markets reported fourth-quarter revenue of $4.21 billion, weaker than the FactSet consensus estimate of $4.30 billion. On the other hand, adjusted earnings of $2.76 per share beat the expected $2.61 earnings per share. — CNBC’s Michelle Fox, Davis Giangiulio and Fred Imbert contributed reporting
Stocks making the biggest moves premarket: WBD, PSKY, MASI, DHR
