Netflix Inc
Netflix’s earnings results mark pivot point for streaming giant, for better or worse
Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy. Jacopo Raule | Getty Images Netflix’s second-quarter earnings results can be interpreted in two very different ways. The company’s future depends on which reading turns out to be correct. […]
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Here are Wednesday’s biggest analyst calls: Netflix, Chevron, Apple, Alibaba, Amazon & more
Here are Wednesday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note previewing Apple earnings later this month that it’s a “high quality name to buy on pullbacks.” “We expect June Q results slightly below Street and toward the lower end of guidance, with Mac & Services […]
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Stocks making the biggest moves premarket: Baker Hughes, Biogen, Netflix and more
Check out the companies making headlines before the bell: Baker Hughes (BKR) – The oilfield services company reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts had forecast. Revenue also fell below estimates, with Baker Hughes citing various challenges including component shortages and supply chain inflation. Baker Hughes tumbled 6% […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks slip up Equities futures fell Wednesday morning after a strong close Tuesday for the major […]
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Stock futures edge higher following Dow rally, better-than-expected Netflix earnings
U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]
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Netflix earnings deemed good enough by investors as shares jump after hours
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Good enough. Netflix didn’t blow the roof off its second-quarter earnings. It announced it lost about 1 million global subscribers in […]
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Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Netflix shares jumped 8% after the company said it lost fewer subscribers than anticipated during the second quarter. The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping […]
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Will Netflix keep losing subscribers this year? Investors are eager for guidance
In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Netflix investors already know to expect bad news when the company reports its second-quarter results Tuesday. Now they’ll be looking for guidance on what to […]
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5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock futures rise Equities markets pointed to a comeback Tuesday morning. Stocks had ended Monday in the red, weighed down by Apple, after Bloomberg reported the tech […]
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Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to report quarterly numbers. “In this environment, it’s always going to be fragile on the upside and easy on the downside, because the […]
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