The S&P 500 and the Nasdaq hit highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of stay-at-home winners.
Consumer stocks were broadly split between winners and losers in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF slipping 0.1% while the SPDR Consumer Discretionary Select Sector ETF was rising 1.8%.In company news, Netflix (NFLX) was surging Wednesday, at one
Netflix’s Mixed Q4 Results Stirred AttentionNetflix (NASDAQ: NFLX) reported its fourth-quarter results on Tuesday after the stock market closed on January 19. The company surprised many with its exceptional growth rates in subscriber count but fell short of profitability e
What happenedShares of Netflix (NASDAQ: NFLX) were flying higher today after the company topped expectations in its fourth-quarter earnings report, and offered strong guidance for the year ahead. It also said it was done taking on debt, projecting break-even free cash flow for 20
The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden became the 46th U.S. president, while solid results from Netflix sparked a rally in shares of stay-at-home winners.
The stock market continued to build momentum on Wednesday, sending several stock market benchmarks to levels that would represent all-time closing highs. Many market participants' eyes were on Washington, where the pandemic-subdued Inauguration Day event is scheduled for midday.
The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden prepared to take charge as U.S. President, while Netflix shares surged after saying it will no longer need to borrow billions of dollars to finance its TV shows and movies.
We're just three weeks into the new year, but we're already seeing some stocks starting 2021 on the right foot. This week, it's Netflix (NASDAQ: NFLX), opening higher on Wednesday after posting blowout quarterly results.The leading premium streaming service isn't alone. Earlier t
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 13.2%. Year to date, Netflix registers a 5.0% gain.
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 13.7%. Year to date, Netflix registers a 5.5% gain.
(RTTNews) - Shares of Netflix, Inc. (NFLX) are climbing more than 13% Wednesday morning following the video streaming platform crossed 200 million subscribers. Tuesday, while reporting fourth quarter results, Netflix said, with the addition of 8.5 million in fourth quarter, the
Media-streaming technology developer Roku (NASDAQ: ROKU) had quite a year in 2020. Share prices soared 148% higher, driven by a steady beat of strong financial reports. In November's third-quarter update, the bottom line swung to a profit, while revenues rose 68% year over year.
Media-streaming technology developer Roku (NASDAQ: ROKU) had quite a year in 2020. Share prices soared 148% higher, driven by a steady beat of strong financial reports. In November's third-quarter update, the bottom line swung to a profit, while revenues rose 68% year over year.
Indecision about what to watch on Netflix (NASDAQ: NFLX) is a common problem. The U.S. version of the video-streaming service has nearly 1,400 movies and 4,700 TV series on tap. Figuring out what to watch next can be challenging, despite Netflix's best efforts to organize the cat
Consumer stocks were advancing pre-bell Wednesday as shares of staples companies in the S&P 500 (XLP) were gaining 0.1% in value and consumer discretionary firms (XLY) were climbing by 0.77% in recent trading.Netflix (NFLX) was climbing past 14% after it reported Q4 results a
Wall Street's main indexes were set to open near record highs on Wednesday, as Joe Biden prepared to take charge as U.S. President, while Netflix jumped after saying it will no longer need to borrow billions of dollars to finance its TV shows and movies.
U.S. stock futures neared record highs on Wednesday, as Joe Biden prepared to take charge as U.S. President at his inauguration, while Netflix soared after saying it will no longer need to borrow billions of dollars to finance its TV shows and movies.
World shares gained on Wednesday on bets of hefty U.S. spending after U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later. Oil rose and the dollar slipped in response.
European stocks rose on Wednesday after chip equipment maker ASML and Swiss luxury group Richemont gave encouraging earnings updates, while investors hoped for a big U.S. fiscal relief package as Joe Biden takes over as the next president.
World shares gained on Wednesday on expectations of hefty U.S. spending after U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later. Oil rose and the dollar slipped in response.