Wall Street lost ground on Friday as a barrage of soft economic data appeared to affirm another interest rate hike from the Federal Reserve, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season.
As earnings season unfolds, bank earnings are the highlight this week. Wall Street will get a better glimpse into how the recent failure of SVB Financial's Silicon Valley Bank and a bank run at some other regional banks impacted the broader financial sector.
Netflix NFLX is set to report its first-quarter 2023 results on Apr 18.Netflix expects its first-quarter earnings to be $2.82 per share, suggesting a year-over-year decline of 20%.The Zacks Consensus Estimate for earnings is currently pegged at $2.81 per share, unchanged
Shares of Microsoft Corporation MSFT increased 2.2% on a rally in tech stocks.Shares of Netflix, Inc. NFLX jumped 4.6% on expectations that the rise in its new subscriber base would drive its profitability.Delta Air Lines, Inc.’s DAL shares lost 1.1% after the company pos
The market doesn't know what to do with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) right now. The company is extremely profitable and has a great core business, but it's also under threat from artificial intelligence. In this video, Travis Hoium highlights the biggest questions Alph
For Immediate Release Chicago, IL – April 14, 2023 – Today, Zacks Investment Ideas feature highlights Rambus RMBS, Nvidia NVDA, Microsoft MSFT, Apple AAPL and Netflix NFLX.
Earnings season gets into full swing, while the first snapshot of business activity in April could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy.
Earnings season gets into full swing, while the first snapshot of business activity in April could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy.
What happened
Shares of streaming companies Netflix (NASDAQ: NFLX), Roku (NASDAQ: ROKU), and FuboTV (NYSE: FUBO) were surging today, rising 4.4%, 4.5%, and 7.3%, respectively, as of 3:54 p.m. ET.
Netflix (NFLX) has surged around 90% off its lows as investors continue to buy the beaten-down tech giant at attractive levels. Even though NFLX has bounced back in a big way, alongside fellow titans such as Meta Platforms, Netflix still has miles of runway before it retu
U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve could be nearing the end of its aggressive interest rate hike cycle.
U.S. stocks ended sharply higher on Thursday as economic
data showed cooling inflation and a loosening labor market,
fueling optimism that the Federal Reserve could be nearing the
end of its aggressive interest rate hike cycle.
Warner Bros. Discovery's (NASDAQ: WBD) share price has struggled for some time, particularly when compared to those of its streaming rivals. Warner Bros.'s stock is down about 38% over the last year, while Walt Disney (NYSE: DIS) has experienced a roughly 24% drop and Netflix (NA
Luckily for us tech-oriented investors, 2023 is off to a much better start than 2022. The mega-cap tech-heavy Nasdaq 100 ETF (QQQ) is up 20.71% at the time of this writing, while the S&P 500 Index is only up ~7%. Despite the hot start, I believe that tech can continue
U.S. stocks advanced on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve is nearing the end of its aggressive interest rate hike cycle.
Plenty of economic data is due out next week, as a new earnings season gets underway. AT&T (T), Bank of America (BAC), Goldman Sachs (GS), Johnson & Johnson (JNJ), Lockheed Martin (LMT), Netflix (NFLX), Procter & Gamble (PG), Rite Aid (RAD), and United Airlines (UAL)
Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the June 2nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new June 2nd contracts and identified one put and one call contract
Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the June 2nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new June 2nd contracts and identified one put and one call contract
Warner Bros. Discovery WBD introduces MAX, an enhanced streaming service, which will release in May 2023 in the United States. It would include HBO originals, Max Originals and Wizarding World of Harry Potter, an expanded library for kids. It will also include best-in-cla
Wall Street closed lower on Wednesday, dragged down by tech and discretionary stocks. Recession fears dominated trade upon the release of Federal Reserve minutes, even as inflation numbers indicated that the central bank’s policies were taking effect. All three major inde