After the bell Tuesday, Netflix (NFLX – Analyst Report) and IBM (IBM – Analyst Report) both reported Q4 earnings, and both began trading in opposite directions in the after-market. Netflix posted a big earnings beat of 7 cents per share (the Zacks Consensus Estimate was for 2 cents) on in-line quarterly sales numbers of $1.82 billion. IBM also beat on the bottom line — $4.84 per share ($4.76 expected) on $22.06 billion in revenues, a smidge lower than expected.

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