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(RTTNews) - Netflix Inc. (NFLX) announced a profit for its second quarter that increased from the same period last year and beat the Street estimates.

Netflix handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown and an ad-supported option helped bring in 5.9 million new streaming subscribers in the just-ended quarter.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Netflix Inc handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown and an ad-suported option helped bring in 5.9 million new streaming subscribers in the just-ended quarter.

Consumer stocks were higher late Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.5%.

The following companies are expected to report earnings after hours on 07/19/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Tesla, Inc. (TSLA)is reporting for the quarter ending June 30, 2023. The auto (domestic) company's consensus earnings per

Netflix has removed its basic plan in the U.S. and UK in which users could watch shows and movies without commercials, as the company tries to draw more subscribers to its ad-supported tier.

Wall Street rose on Wednesday, as investors looked past weak second-quarter earnings from Goldman Sachs, while taking comfort from strong profits of some of the smaller players in the sector.

Shares of Walt Disney (DIS ) fell to a 6-1/2 month low Monday and are down more than -1% this year, significantly underperforming the S&P 500 ($SPX ) (SPY ), which is up more than +18% this year. Investors hope that CEO Iger can turn the company around in his...

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

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 $198.7 million dollar outflow -- that's a 1.4

Second quarter earnings season heads into its second week. In addition to regional banks, we will get some of the big growth stocks like Netflix and Tesla along with dozens of large cap companies in a variety of industries includi

Whirlpool Corporation WHR is slated to release second-quarter 2023 results on Jul 24, after the closing bell. The household appliance company is expected to have witnessed revenue and earnings declines in the to-be-reported quarte

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

Wall Street rose on Wednesday as investors looked past second-quarter earnings from Goldman Sachs, while taking comfort from strong profits from some of the smaller players in the sector.

The Dow and the S&P 500 were set for a muted open on Wednesday after Goldman Sachs reported second-quarter results, while investors also assessed strong earnings from a number of smaller banks.

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum