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As the optimism around a rescue package for the bruised Chinese stock market ebbs, with investors still sceptical and awaiting an official response, trading in Asian hours meandered ahead of an earnings-packed European session.

Netflix (NASDAQ: NFLX) stock gained 8.6% in Tuesday's after-hours trading session following the video streaming leader's release of its fourth-quarter 2023 report.

Asian shares rose on Wednesday on optimism that Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen.

Image source: The Motley Fool.

Earnings season has kicked into full gear and tonight we have a report from Netflix NFLX. Tomorrow we're going to get an earnings report from Tesla TSLA. Thursdays during earnings season we get plenty of reports and we should hear

For the quarter ended December 2023, Netflix (NFLX) reported revenue of $8.83 billion, up 12.5% over the same period last year. EPS came in at $2.11, compared to $0.12 in the year-ago quarter.

In this video, I will talk about Netflix's (NASDAQ: NFLX) fourth-quarter earnings report, which beat the top line and subscriber estimates. Investors will be surprised by the extra information we got about advertising, gaming, and especially the recent move toward live sports.

Another relatively strong trading session in the stock market today welcomed market participants. Well, the Dow gave back some of its all-time high close yesterday — -96 points, -0.25%, back below 38K to 37,905. And the small-cap

Netflix (NFLX) came out with quarterly earnings of $2.11 per share, missing the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring ite

(RTTNews) - Shares of Netflix Inc. (NFLX) jumped over 7% in extended session on Tuesday after the online-video streaming giant reported fourth-quarter results, with earnings missing Street view. However, the company added over 13 million subscribers, beating its expectations.

Even if you're not a wrestling fan, TKO Group Holdings ( NYSE:TKO ) is a company to watch now. In the 2020s, making a switch to streaming from traditional television makes a lot of sense. So, while TKO Group's financials haven't always been perfect, I am bullish on TKO stock for the remainder of 2024. TKO Group Holdings is best known as the parent company of wrestling event provider WWE. Hence, while you might not be familiar with the name TKO Group, you may have heard of events like WWE Raw and Smackdown. The WWE Raw program is quite popular, drawing in 17.5 million unique viewers per year on the NBCUniversal-owned USA Network. Now, you might think it would be irrational for TKO Group Holdings to disrupt this apparently successful arrangement with a well-known cable television network. However, change can be a good thing sometimes, and the market seems to approve a major change that TKO Group just announced. A Wild Ride for TKO Stock "Roller coaster" would be the best way to describe the trajectory of TKO stock last year. Give or take a few dollars, the stock made a complete round trip from $80 to $115 and back. That's a disappointing full-year performance when the major stock market indexes easily rode higher. It makes sense, though, when we examine TKO Group Holdings' quarterly earnings. After many consecutive profitable quarters, TKO Group Holdings suddenly posted an earnings loss of $0.26 per share in 2023's third quarter. That's a tough pill to swallow since Wall Street had expected TKO Group to report a positive earnings result of $0.55 per share. It takes a little bit of investigating to find out what happened. TKO Group Holdings' revenue actually increased to $449.058 million in Q3 2023 versus $340.669 million in the year-earlier quarter. However, TKO Group's total operating expenses doubled from $171.063 million in Q3 2022 to $355.221 million in 2023's third quarter; this included a big jump in selling, general, and administrative expenses. In other words, TKO Group Holdings doesn't have a problem earning revenue; the company just needs to contain its costs. Going forward, investors should keep an eye out to see if TKO Group's management gets proactive about reducing the company's expenditures. TKO Group's Forward-Thinking Move As I mentioned earlier, TKO Group Holdings could have played it safe by keeping WWE Raw on cable television. Yet, change is sometimes necessary when market trends change. Consequently, TKO Group made a move that might surprise you, but it's forward-thinking and actually makes perfect sense. Here's the scoop. WWE Raw is leaving linear television (i.e., network and cable TV) and coming to the king of streaming, Netflix ( NASDAQ:NFLX ). According to the official press release, starting in January of 2025, Netflix "will be the exclusive new home of  Raw in the U.S., Canada, U.K. and Latin America, among other territories, with additional countries and regions to be added over time." It's not just about WWE Raw, by the way. All WWE shows and specials outside the U.S., as available, will come to Netflix. These include not only  Raw but also SmackDown,  NXT, WrestleMania,  SummerSlam, and  Royal Rumble. TKO Group Holdings TKO President and COO Mark Shapiro called the deal with Netflix "transformative," and the market seems to concur. In the wake of this announcement, TKO stock gained 15.8% today. I'd say the Netflix deal isn't just "transformative." It's also smart and forward-thinking. If TKO Group Holdings wants to capture the attention of young generations of wrestling fans, staying on linear television wouldn't be the right move. Streaming is the future of video entertainment, and while change can be challenging, TKO Group is making the right change at the right time. Is TKO Stock a Buy, According to Analysts? On TipRanks, TKO comes in as a Strong Buy based on three Buys and one Hold rating assigned by analysts in the past three months. The average TKO Group Holdings price target is $105, implying 17.15% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell TKO stock, the most profitable analyst covering the stock (on a one-year timeframe) is Curry Baker of Guggenheim, with an average return of 35.71% per rating and a 63% success rate. Click on the image below to learn more. Conclusion: Should You Consider TKO Stock? TKO Group Holdings' financials haven't been ideal. Plus, TKO Group stock is prone to volatility. The billion-dollar question is whether the company will get serious about keeping its expenditures down in 2024. That's something to keep tabs on in the coming quarters. In the meantime, investors should applaud TKO Group Holdings for making a smart move by shifting its focus to streaming. Therefore, even after its recent rally, I'm still considering TKO stock, as the Netflix deal bodes well for all stakeholders. Disclosure

The NASDAQ 100 After Hours Indicator is up 20.83 to 17,425.04. The total After hours volume is currently 90,394,050 shares traded.The following are the most active stocks for the after hours session: iShares MSCI ACWI ETF (ACWI) is -0.2358 at $101.80, with 3,768,704 shares trade

The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week.

The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week.

(RTTNews) - Netflix Inc. (NFLX) revealed earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.

Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama "The Crown" and David Fincher's original film, "The Killer."

The S&P 500 rose marginally on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Netflix, Tesla and other companies later this week.

Shares of TKO Group Holdings (NYSE: TKO) charged sharply higher on Tuesday, soaring as much as 23.9%. As of 2:02 p.m. ET, the stock was still up 12.2%.

The following companies are expected to report earnings after hours on 01/23/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Netflix, Inc. (NFLX)is reporting for the quarter ending December 31, 2023. The broadcast (radio/tv) company's consensus ea

The benchmark S&P 500 and the Nasdaq edged lower on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally, while the Dow dropped on the back of losses in 3M.