fourth-quarter revenue – Charm

Investors eye potential price hikes as stock trades near all-time highs

Netflix stock secures fresh record after earnings, subscriber growth top estimates

Netflix (NFLX) stock finished Friday’s trading session 11% higher, pushing shares to a fresh record of above $760, after the streaming giant beat third quarter EPS and revenue estimates and projected sales for the current quarter that came in ahead of Wall Street’s expectations. Revenue beat Bloomberg consensus estimates of $9.78 billion to hit $9.83…

Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

Cs news6 months ago03 mins

(Reuters) -Chipmaker Broadcom (AVGO) forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. The Irvine, California-based company expects revenue of around $14 billion, while analysts polled by LSEG…