Earnings
Netflix estimates 100 million households are sharing passwords and suggests a global crackdown is coming
Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this time, and it could […]
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IBM first-quarter results beat estimates
IBM CEO Arvind Krishna Source: CNBC IBM shares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here’s how the company did: Earnings: $1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv. Revenue: $14.2 billion, vs. $13.85 billion as expected […]
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Netflix reports earnings after the bell — here’s what to expect
Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix is set to release its first-quarter earnings after the bell on Tuesday. The company’s shares have taken a big hit so far in 2022, falling more than 40% as it’s struggled to sustain subscriber growth while pandemic restrictions wane. […]
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Stocks making the biggest moves in the premarket: Netgear, Zendesk, WeWork and more
Take a look at some of the biggest movers in the premarket: Netgear (NTGR) – Netgear tumbled 10.6% in premarket trading after the networking equipment maker reported weaker-than-expected preliminary results for the quarter that ended April 3. Netgear also cut its current-quarter revenue forecast, pointing to a weaker U.S. market for WiFi equipment. Zendesk (ZEN) […]
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Morgan Stanley and Barclays name their top global stocks with upside potential
Morgan Stanley and Barclays name a slew of European stocks they expect to outperform going into earnings season. Source
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Stocks making the biggest moves after hours: Twitter, Netgear and more
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Here are the stocks making headlines after the bell. Twitter — Shares of the […]
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Stock futures rise ahead of busy earnings day
Stock futures rose on Monday evening as traders navigate one of the busiest weeks of corporate earnings season. Futures tied to the Dow Jones Industrial Average added 87 points, or 0.3%, while those for the S&P 500 climbed 0.3%. Nasdaq 100 futures gained 0.4%. The move in futures comes after a slightly down day for […]
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These stocks have major earnings mojo heading into a difficult reporting season
Investors anticipating a choppy earnings season could look into these nine companies with a track record for earnings surprises, a CNBC Pro screen found. Source
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Stocks making the biggest moves midday: Twitter, Bank of America, Charles Schwab and more
In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a limited duration shareholder rights […]
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Stocks making the biggest moves in the premarket: Twitter, Sirius XM, Nektar Therapeutics and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share […]
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