Today, shares of Netflix (NFLX, Financial) soared 10% after the company posted third-quarter results on Thursday that topped analyst expectations. Netflix reported revenue of $9.83 billion, a 15% increase from the year ago quarter, also beating the estimate by $57.6 million. Net income rose to $2.36bn or $5.40 per share from $1.68 billion or $3.73…
In This Story The Dow Jones Industrial Average dropped about 160 points on Friday morning, while other major stock indexes rose, driven partly by Netflix’s strong earnings report. After the opening bell, the Dow fell 162 points, or 0.4%, while the S&P 500 gained 0.2%. The tech-heavy Nasdaq composite popped 0.6%. Trump Media might just…
Netflix added over 5 million subscribers in the third quarter, beating analyst expectations. At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter. Local content strategy and investment in original content is boosting Netflix’s competitive edge. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
US stock futures rose on Friday, with tech in the lead as investors welcomed Netflix’s (NFLX) across-the-board earnings beat in the wait for the next batch of corporate results. Futures on the tech-heavy Nasdaq 100 (NQ=F) moved up roughly 0.5%, while those on the S&P 500 futures (ES=F) added 0.2%. Dow Jones Industrial Average futures…
STORY: Netflix will soon have a new season of South Korean hit drama ‘Squid Game’ to help lure viewers. It’s expecting the show to be among big draws over the holiday period. But the streaming giant seems to be winning the subscriber wars even before that. On Thursday, the company reported adding 5.1 million paying…
Thursday, October 17th, 2024 Markets cooled off today, quickly dropping shortly after the opening bell this morning. In fact, the small-cap Russell 2000, which outshone the major indexes yesterday, fell into negative territory early and stayed there virtually all session. Among the four major indexes, it’s hard to get flatter than this: the Dow was…
(Photo by Chesnot/Getty Images) Getty Images Netflix, which has seen share prices rocket back to pandemic-era heights over the past few months, reported another 5.1 million subscribers today, puffing up its global customer base to nearly 283 million. That keeps it easily as the biggest streaming service on the planet. But so what? Yes, the…
Netflix (NFLX) is set to report its fiscal third quarter earnings on Thursday after market close — but the streamer will once again have a high bar to overcome as the stock trades near all-time highs and analysts look ahead to another price hike announcement as a potential catalyst. For full-year 2024, analysts polled by…
Netflix will report earnings on Thursday after the close. Analysts are looking for the streamer … [+] plans to raise prices. (Photo by Pascal Le Segretain/Getty Images) Getty Images Key Takeaways Earnings Season Outlook Bond Market Signals Market Volatility and Specific Sectors Stocks gained nearly 1% across the board last week as earnings season got…
In This Story After a hectic week filled with major earnings reports, an AI summit, robotaxis, and key inflation data, this coming week will be shorter but still significant. California’s new $20 minimum wage for fast food workers didn’t cost jobs, study says Here’s what’s on the agenda for the week ahead. Is the stock…