Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina Healthcare — The health insurance company plunged 28% after posting an adjusted loss per share of $2.75, weighed down by premium adjustments in Medicaid and cost pressures in Medicare. Molina said full-year revenue should come in at $44.5 billion, under the prediction for $46.55 billion from analysts surveyed by LSEG. Reddit — The social network’s stock popped 13% after its fourth-quarter earnings came in ahead of expectations. Reddit additionally gave upbeat guidance for 2026 and announced a $1 billion share buyback program. Strategy — Shares of the bitcoin treasury firm are up 8%, marking a bounce back from their 17% plunge during the previous trading day. Shares recovered as bitcoin rebounded 5% on Friday. The token was last trading at $66,541.10, after falling as low as $60,062 during Thursday’s session. Drugmakers — Food and Drug Administration Commissioner Martin Makary said late Thursday in a social media post that the “FDA will take swift action against companies mass-marketing illegal copycat drugs, claiming they are similar to FDA-approved products.” Novo Nordisk and Eli Lilly shares rose 8% and 4%, respectively, while Hims & Hers Health’s stock fell 6%. — CNBC’s Alex Harring contributed reporting
