State of Play: U.S., China

Travelers boosts the Dow Jones Industrial Average with a strong 4^th-quarter report. Baker Hughes and Kinder Morgan fall slightly despite better-than-expected earnings. United Airlines loses nearly $2 billion in the 4^th quarter. Bill Barker analyzes those stories, plus we discuss Jack Welch’s tenure running General Electric and storylines for this weekend’s NFL championship games.

Netflix soars 14% higher after global subscriber growth comes in much higher than Wall Street was expecting. Procter & Gamble puts up strong quarterly numbers that fail to move the stock. Alibaba shares pop on a long-awaited sighting of founder Jack Ma. Tim Beyers analyzes those stories, and shares why U.S.-China relations is the key to chip maker ASML Holdings’ year ahead.

Bank of America wraps up the fiscal year with a mixed quarter. Lumentum makes a $5.7 billion bid for rival laser company Coherent. Jason Moser analyzes those stories, plus we discuss Swedish live casino provider Evolution Gaming and the relative benefits of investing in the QQQE ETF.

Delta Air Lines wraps up the worst fiscal year in its history. Nordstrom struggles as holiday same-store sales fall more than 20%. Maria Gallagher analyzes those stories and delves into how and why GameStop’s stock has doubled in just one week.

Investors react as Intel CEO Bob Swan resigns and VMWare CEO Pat Gelsinger gets ready to take his place. Shares of KB Home rise as 4^th-quarter results (and 2021 guidance) come in higher than expected. Bill Barker analyzes those stories and the holiday sales results from Target and Urban Outfitters.