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U.S. stock benchmarks end mixed Wednesday, but largely erase earlier losses, after the Federal Reserve's January meeting minutes show support for a faster pace of interest rate hikes and a significant reduction of its balance sheet.

Related tickers: COMP, NVDA, CSCO, AMAT, TRIP, RBLX, UPST, ERIC, VIAC, SHOP, GOOGL, GOOG.

ViacomCBS Inc (NASDAQ: VIAC) shares are plummeting after the company reported weak earnings results, despite better-than-expected revenue and solid streaming numbers.  What Happened: ViacomCBS reported quarterly revenue of $8 billion, which beat the $7.49 billion estimate, but the global media company reported adjusted earnings of just 26 cents per share, down from earnings of $1.04 per share year-over-year. ViacomCBS said global streaming revenue grew 48% year-over-year to $1.3 billion, driven by strength in subscriptions and advertising. Steaming subscribers reached 56 million after the company added a record 9.4 million during the quarter, "overwhelmingly led by Paramount+." See Also: Expert Ratings For ...

Related tickers: NFLX, VIAC.