Snap Inc said on Wednesday revenue growth in the third quarter is running at the slowest rate in the company's history, as high inflation, rising interest rates and a deteriorating economy continues to ravage the advertising industry.
U.S. stock indexes were set to open higher on Wednesday as technology and growth stocks rebounded, while weaker-than-expected private payrolls data and a slide in oil prices helped ease some worries about inflation.
U.S. stock index futures edged higher on Wednesday as technology and growth stocks snapped back, while investors waited for private payrolls data to gauge how fast the Federal Reserve will raise interest rates to tame decades-high inflation.
EU regulators' plan to make Alphabet's Google, Meta and Netflix bear some of the costs of the bloc's telecoms network would distort the telecoms market and harm competition, a group of small telecoms operators said on Tuesday.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $117.7 million dollar inflow -- that's a 1.2%
Netflix (NASDAQ: NFLX) is planning to launch its ad-supported tier next year, as it looks to reinvigorate subscriber growth. While the new tier could bring in millions of new subscribers and billions in ad revenue, there are some additional costs for Netflix as well.
The Venice Film Festival opens on Wednesday with all health limitations lifted, but with the emotional fallout of the pandemic echoed in the many films exploring families facing trauma, which highlight a new generation of talent.
Microsoft's (NASDAQ: MSFT) stock is down over 21% year to date as the COVID-19 pandemic continues to have lingering effects on supply chains and reopenings slow consumer demand. The issues have similarly affected multiple tech stocks. And yet, Microsoft investors have reason to b
Netflix (NFLX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Investors braced for another stomach-churning session as stocks fell sharply in early trading Monday. However, unlike Friday, where losses accelerated as the day progressed, today's selling eased off.
In early trading on Monday, shares of Pinduoduo topped the list of the day's best performing components of the Nasdaq 100 index, trading up 19.5%. Year to date, Pinduoduo registers a 18.0% gain.
Should Investors Be Watching These Top FAANG Stocks In The Stock Market Today?It’s no surprise that FAANG stocks have been beaten down in the stock market so far this year. Between rising inflation and increasing interest rates, FAANG stocks have had a rough start to the ye
Investors in Netflix, Inc. NFLX need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 16, 2022 $20.00 Call had some of the highest implied volatility of all equity options today.
It's not often that Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) and Netflix (NASDAQ: NFLX) are compared in the same industries, but both companies' recent pursuits in gaming could see them directly compete soon.
It has been a tough year for Netflix (NASDAQ: NFLX), to say the least. The company shed 200,000 subscribers in the first quarter of 2022 and followed that performance by losing another 1 million members in the second quarter. And the stock has gotten hammered, down 66% from its a
The streaming industry has gone through a drastic evolution over the last couple of years, with the introduction of multiple platforms crowding a market that Netflix (NASDAQ: NFLX) had dominated for years. As a result, investors have a wide variety of streaming stocks to choose f
From time to time, you might read about the S&P 500 Dividend Aristocrats; these companies are S&P 500 index members that have paid and raised a dividend for at least 25 consecutive years.
The 2022 bear market continues to wreak havoc on high-growth stocks. With the Federal Reserve poised to continue hiking interest rates in an attempt to get inflation back under control, many stocks remain under pressure -- especially those that either don't yet turn a profit, or
It's been multiple generations since investors have contended with such a challenging year on Wall Street. At the halfway mark of 2022, the benchmark S&P 500, which is viewed as the most-encompassing stock market barometer, had delivered its worst first-half return in 52 year
The tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) market index is down 20% year-to-date, nearly doubling the S&P 500 (SNPINDEX: ^GSPC) market tracker's 12% price drop.