My top 10 things to watch Wednesday, Nov. 20 1. Target is the disaster du jour. The stock sank more than 15% after the retailer missed on quarterly earnings and revenue and cut guidance. Discretionary spending is just not that. Consumers are being choosy. There’s some hope on the horizon: Still has $9.4 billion on…
Wall Street extended its weekly winning streak to six in a row. Earnings drove the stock market higher — can they do it again in the week ahead? The S & P 500 and the Dow both closed Friday at new record highs and turned in their best weeks of the year. But on a…
Here are five key things investors need to know to start the trading day: 1. Markets 2. Netflix shares jump The word “Netflix” shines brightly at the presentation of the new season 3 of the Netflix series “Bridgerton” on May 14, 2024. Rolf Vennenbernd | Picture Alliance | Getty Images Shares of Netflix jumped in…
Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Shares jumped more than 6% in premarket trading Friday on the heels of the streamer’s results. Earnings came in at $5.40 per share and revenue at $9.83 billion. That’s well above Wall Street’s estimates for the period, as…
Check out the companies making headlines before the bell: Procter & Gamble — The stock fell 0.8% after reporting weaker-than-expected revenue. The household goods maker posted $21.74 billion in revenue, while analysts polled by LSEG had estimated $21.91 billion. The company attributed the miss to lower demand in China. Adjusted earnings per share of $1.93 topped…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Wall Street was mixed Friday, with the Nasdaq leading the way higher on Netflix ‘s nearly 11% post-earnings surge to an all-time high. During the morning meeting, Jim said the…
In an aerial view, the Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty Images My top 10 things to watch Friday, Oct. 18 1. Wall Street is headed for a mixed open. The Nasdaq is being helped by a pop in Netflix shares…
Release Date: October 17, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Netflix Inc (NASDAQ:NFLX) reported a strong financial performance with a 15% revenue growth and a 6-percentage-point improvement in operating margin for 2024. The company has maintained healthy engagement levels, with about two…
NEW YORK, NEW YORK – OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no…
A trader works on the floor at The New York Stock Exchange following the Federal Reserve rate announcement on Sept. 18, 2024. Andrew Kelly | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in…