Technology firms were trading flat-to-higher before markets open on Friday. The Technology Select Sector SPDR ETF (XLK) gained 0.4%, while the Semiconductor Sector Index Fund (SOXX) was flat.
Shares of Netflix (NASDAQ: NFLX) moved sharply lower after the company posted its second-quarter results shortly after Thursday's close. Yet the quarter itself was impressive. The planet's leading premium video service grew its subscriber base by 10.1 million paid members betwe
Wall Street's main indexes were set to open higher on Friday as investors bet on more official stimulus to drive a post-pandemic economic revival, even as COVID-19 cases saw another record rise at home.
Media-streaming powerhouse Netflix (NASDAQ: NFLX) has promoted longtime chief content officer Ted Sarandos to co-CEO, sharing the company's top executive title with co-founder Reed Hastings. At the same time, chief product officer Greg Peters was elevated to the post of chief op
U.S. stock index futures edged higher on Friday as investors bet on more official stimulus to drive a post-pandemic economic revival, even as COVID-19 cases saw another record rise at home.
Netflix (NASDAQ: NFLX) shares were down about 8% in pre-market trading Friday morning, but investors shouldn't be fooled by the sell-off. This was another rock-solid quarter for the streaming giant .
Asian shares eked out gains and U.S. stock futures bounced back on Friday as hopes of more government spending around the globe outweighed concerns about rising coronavirus infections and worsening tensions between Washington and Beijing.
Asian shares eked out gains and U.S. stock futures bounced back on Friday as hopes of more government spending around the globe suppressed concerns about rising new coronavirus case numbers and worsening tensions between Washington and Beijing.
Asian markets appear set to open with a firmer tone on Friday, shrugging off an overnight fall in U.S. stocks as the United States prepares to debate fresh economic stimulus to see the country through its coronavirus outbreak.
Netflix Inc on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
(RTTNews) - PPG Industries, Inc. (PPG) - Shares of the paint maker jumped 5% after the bell on Thursday. PPG Industries' adjusted profit and revenues trumped Wall Street analysts' estimates. PPG Industries reported adjusted earnings of $235 million or $0.99 per share for the per
NEW YORK (Reuters Breakingviews) - For Netflix investors, reality bites. Netflix’s subscriber growth is slowing, and boss Reed Hastings has decided to share his chief executive role. That was enough to knock around 10% off the streaming service’s stock in after-hours
Netflix (NASDAQ: NFLX) delivered its second-quarter earnings after the market close on Thursday, reporting subscriber growth of 27.3% for the period. The 10.1 million new subscribers brought the company's total to nearly 193 million, vaulting past the 190 million management had
The S&P 500 Index (SNPINDEX: ^GSPC) fell 11 points or 0.3% on July 16, breaking a two-day positive streak as Bank of America (NYSE: BAC) reported second quarter earnings and the U.S. Department of Labor said another 1.3 million people filed for unemployment last week.
(RTTNews) - Online-video streaming giant Netflix Inc. (NFLX), Thursday reported a second-quarter profit that fell short of Wall Street estimates, despite revenues increasing 25% driven by higher-than expected subscriber growth. Shares of the company tanked 10% in the extended tr
The NASDAQ 100 After Hours Indicator is down -83.51 to 10,542.95. The total After hours volume is currently 58,151,448 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is -2.14 at $256.98, with 3,849,291 shares
Netflix Inc on Thursday forecast paid subscriber additions for the third quarter below estimates, in an early sign that the lockdown boost to streaming may be waning as stay-at-home orders ease, sending shares down 10%.
The S&P 500 dropped on Thursday, pulled lower by Microsoft Corp and Apple Inc, as elevated levels of unemployment claims heightened concerns about the economic toll from rising coronavirus cases.
Netflix Inc added more paid subscribers than expected in the second quarter as audiences bound to their homes due to the COVID-19 restrictions binge watched its shows in the absence of live events and movie theaters.