Netflix NFLX recently gave a green signal to the next season of its highly popular show — Squid Game. During the fourth-quarter earnings interview, the company’s CEO, Ted Sarandos, stated that the Squid Games universe has just begun. The rising demand and popularity of th
Stock Market Today Mid-Morning UpdatesOn Friday, the Dow Jones Industrial Average is down by 150 points. The Nasdaq fell for a third straight session, ending Thursday nearly 12% below its latest record close in November. Investors are also swapping out their growth and technology
Wall Street's main indexes fell on Friday, with the Nasdaq set for its fourth straight day of declines after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower.
Last night, after the market close, Netflix (NFLX) reported its Q4 2021 earnings, and its earnings per share (EPS) came in at $1.33, a big beat of the $0.82 that Wall Street analysts had expected, on revenue that was roughly in line with forecasts.
What happened
Shares of Discovery (NASDAQ: DISCA)(NASDAQ: DISCK) are down some 12% compared to where they closed trading last Friday, according to data from S&P Global Market Intelligence, reversing a rally that began in December as investors start transitioning away from ear
Consumer stocks were mixed pre-bell Friday. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.12% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently declining by 0.42%.
The Nasdaq index was set to open lower on Friday after a weak forecast from Netflix sent its shares along with other streaming companies spiraling lower, with Wall Street's main indexes headed for another week of losses.
Pandemic market darlings Netflix and Peloton each saw about a fifth of their market value wiped out on Thursday after both said business was slowing, a sign, say analysts, of growing market jitters about the business prospects of such companies.
Wall Street delivered another winning year in 2021. The benchmark S&P 500 rocketed higher by 27%, which is more than double its average annual total return of 11% (including dividends) dating back to 1980.
Emerging market stocks slumped on Friday as a sell-off on Wall Street overnight and worries about policy tightening by major central banks sapped risk appetite, while Russia's rouble made small moves ahead of talks with the United States over Ukraine.
Asian share markets tumbled on Friday, tracking losses on Wall Street, as lingering concerns over the Federal Reserve's tightening and weaker-than-expected economic and earnings data weighed on sentiment ahead of a Fed policy meeting next week.
Asian share markets and U.S. futures fell on Friday, after U.S. stocks took a knock overnight, hurt by lingering concerns over the Federal Reserve's tightening and weaker-than-expected economic and earnings data.
Shares of Roku (NASDAQ: ROKU) gave investors a vicious case of whiplash today. After initially turning sharply higher and gaining 8%, the stock retreated to just above breakeven.
We had a feeling, this morning when pre-market indexes once again looked ready for a rebound, that things might turn south at some point as the trading day progressed — and that it has done. In fact, it’s something we’ve seen growing into a near-term trend: a deep sell-of
Thursday was another troubling day for the stock market, as it once again featured an optimistic start to the day followed by a last-minute air pocket. Until the last hour of the day, the Dow Jones Industrial Average (DJINDICES: ^DJI), Nasdaq Composite (NASDAQINDEX: ^IXIC), and S
Netflix (NFLX) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.
Wall Street's main indexes ended sharply lower on Thursday and a rally in U.S. stocks evaporated late in the session as investors considered whether equities were bargains after a sell-off to start the year that has seen the Nasdaq fall into correction territory.
(RTTNews) - Shares of Netflix Inc. (NFLX) tanked nearly 20% in extended hours on Thursday after the online-video streaming giant reported fourth-quarter results, with earnings beating Street view, however, subscriber growth was below expectations.