Stock index futures were lower on Friday as investors continued to digest a wave of corporate earnings as the selloff looked to deepen. Here are four stocks to watch on the day:
SoFi Technologies (SOFI) stock surged 6% in Friday premarket trading after the fintech bank posted strong Q4 results. The company reported robust loan growth and new member additions, while issuing 2026 guidance that topped Wall Street consensus estimates.
Verizon (VZ) shares rose 2.7% in premarket trading after the telecommunications giant reported top-and-bottom-line beats for the fourth quarter. The company also provided a robust outlook for the full year and posted strong additions for postpaid phone subscribers.
Exxon Mobil (XOM) slipped 1.5% in premarket trading Friday after narrowly beating Wall Street expectations for Q4 adjusted earnings. Shares had hit an all-time intraday high of $142.34 in the previous session and have gained 16% so far in January.
Johnson & Johnson (JNJ) was largely flat in premarket trading. This comes after a New Jersey federal judge dismissed a lawsuit claiming the company engaged in fraud by using bankruptcy to settle tens of thousands of cases alleging its talc-based baby powder and other products caused cancer.