After providing investors with a multitude of gains over the last several years, the music was shut off for Netflix NFLX shares in 2022, sending them tumbling.
Consumer stocks were broadly lower in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.7% and the SPDR Consumer Discretionary Select Sector ETF (XLY) sinking 1.9%.
Netflix (NASDAQ: NFLX) really shouldn't be measured by the number of subscribers it adds in each quarter. This end-all, be-all metric of yesteryear is now so insignificant that the company will stop providing guidance for it.
Wall Street's main indexes struggled to gain on Wednesday as weakness in shares of Abbott countered gains in Netflix, leaving investors muddled about the ongoing earnings momentum.
Netflix NFLX reported third-quarter 2022 earnings of $3.20 per share, beating the Zacks Consensus Estimate by 46.92% and the company’s guidance of $2.14 per share. However, the figure decreased 2.8% year over year.Revenues of $7.93 billion increased 5.9% year over year an
The iShares Global Comm Services ETF is seeing unusually high volume in afternoon trading Wednesday, with over 404,000 shares traded versus three month average volume of about 105,000. Shares of IXP were up about 0.3% on the day.
Today's video focuses on Netflix (NASDAQ: NFLX) and three bullish reasons to own the streaming giant. One of my top reasons is that Netflix is pushing into gaming content, and not for the reasons you might think. Check out the short video to learn more, consider subscribing, and
Wall Street's main indexes struggled for direction on Wednesday as a surge in Treasury yields to 14-year highs on expectations of bigger interest rate hikes dampened budding optimism from a bright start to the earnings season.
What happened
Shares of Netflix (NASDAQ: NFLX) charged sharply higher on Wednesday, surging as much as 15.9%. As of 10:37 a.m. ET, the stock was still up 15.5%.
It's been an up and down year, although more down than up. The S&P 500 currently sits 22% below 2021's close. Roughly half of its stocks are down by even more.
In early trading on Wednesday, shares of Netflix topped the list of the day's best performing components of the Nasdaq 100 index, trading up 14.0%. Year to date, Netflix has lost about 54.4% of its value.
In early trading on Wednesday, shares of Netflix topped the list of the day's best performing components of the S&P 500 index, trading up 15.0%. Year to date, Netflix has lost about 54.0% of its value.
Netflix (NASDAQ: NFLX) is rallying 14% after posting a strong earnings report and surprising Wall Street estimates, gaining 2.4 million subscribers versus an estimate closer to 1 million. Is Netflix stock a buy now? Watch below for a Netflix earnings update and my take on where t
Wall Street's main indexes were set to fall at the open on Wednesday as Treasury yields surged to 14-year highs amid rising interest rates, denting gains powered by streaming giant Netflix after it reversed customer losses.
The NASDAQ 100 Pre-Market Indicator is down -54.57 to 11,093.17. The total Pre-Market volume is currently 46,118,409 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.3701 at $19.41, with 13,639,813 shares trad
U.S. stock futures fell on Wednesday as a surge in Treasury yields to multi-year highs amid rising interest rates dented gains powered by streaming giant Netflix after it reversed customer losses.
Jose Zegarra, a Peruvian tourist in Argentina's capital Buenos Aires, found out the hard way that the value of the country's peso isn't always what it seems as tough capital controls spawn an array of wildly diverging exchange rates.
In this video, I will go over Netflix's (NASDAQ: NFLX) Q3 earnings report, which was much better than expected. The company also shared some interesting metrics with regard to its competitors.
Market tension is building between surprising positivity still coming from the unfolding corporate earnings season and the anxiety in interest rate markets and macro gloom.
Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant.