Finance
Stock index futures were higher on Friday, as Nasdaq futures led the charge, driven by strong earnings from tech companies. S&P 500 futures (SPX) +0.8%, Nasdaq 100 futures (US100:IND) +1.4%, and Dow futures (INDU) +0.1%. Wall Street ended lower on Thursday after Meta (META) and Microsoft (MSFT) earnings failed to impress investors. Results from tec……
Item 1 of 3 U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea. REUTERS/Evelyn Hockstein [1/3]U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after…
Amazon (AMZN) reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud business grew faster than expected. The results come just a day after rivals Microsoft (MSFT) and Google (GOOG, GOOGL) announced their own results, with both companies saying they’ll spend more on AI data…
With strong showings in both its retail and cloud computing divisions, Amazon’s financial results for the third quarter soared past Wall Street expectations Thursday, two days after it announced historic layoffs. Heading into Thursday’s earnings report, Amazon was fresh off announcing those sweeping layoffs that hit 14,000 employees, 2,303 of whom are based in the…
Netflix‘s shares are about to become more affordable. The streaming giant announced Thursday that its board approved a 10-for-1 forward stock split of Netflix common stock. “The purpose of the stock split is to reset the market price of the Company’s common stock to a range that will be more accessible to employees who participate…
Netflix’s subscription prices keep rising, but its shares are about to get a bit cheaper. On Thursday, the streamer announced it’ll perform a 10-for-1 forward stock split. On November 17, traders who own a single Netflix share will own 10 shares, though the company’s underlying value will remain the same. Netflix shares have surged about…
Key Takeaways Amazon shares surged after hours Thursday as the company reported better third-quarter earnings than analysts had expected. Growth in the company’s Amazon Web Services helped boost the results. Amazon (AMZN) shares popped in extended trading Thursday after the e-commerce and cloud giant posted third-quarter results that blew past analysts’ estimates, driven by growth…
Oct 30 (Reuters) – Netflix (NFLX.O), opens new tab on Thursday announced a ten-for-one stock split, making the streaming company’s shares more affordable for retail investors. The company said it would issue nine additional shares for each share held after close of trading on Nov 10, adding that the split will make its stock more…
Earnings from Amazon, Apple lift Nasdaq futures by 1.2% Nikkei heads for 15% monthly gain, South Korea stocks up 20% Chinese shares down as PMI misses forecast Dollar near 3-month highs SYDNEY, Oct 31 (Reuters) – Asian shares are set for a seventh straight month of gains on Friday, after upbeat earnings from Amazon and…
Netflix (NFLX) on Thursday announced it will split its stock 10-for-1, meaning Netflix shareholders will receive 10 shares for every one share of the company they currently own. Netflix stock, as a result, will trade at one-tenth of its current price. Shares closed at $1,089 on Thursday. In a statement, the company said the move…