U.S. stocks rose on Friday, with the S&P 500 and Dow poised
to snap a three-session losing streak and the Nasdaq rose nearly
2%, as quarterly earnings helped lift Netflix, while Google
parent Alphabet climbed after announcing job cuts.
Consumer stocks were broadly higher in Friday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.9%.
Netflix (NASDAQ: NFLX) stock jumped 7% after hours last night after the streaming leader posted strong subscriber growth in its fourth-quarter earnings report and offered encouraging guidance for 2023. The 7% gain also stayed in place in Friday's morning session.
Wall Street's main indexes rose on Friday after Netflix kicked off the earnings season for growth stocks on an upbeat note, while Google parent Alphabet gained on news of job cuts.
Netflix (NASDAQ: NFLX) investors have earned over 26,000% in gains under co-founder Reed Hastings, but shareholders shouldn't worry about leadership as he steps down as co-CEO. Texas Instruments (NASDAQ: TXN) shareholders have done pretty well under Rich Templeton, too, and he's
Global stock prices rose on Friday, with shares of Netflix boosting the S&P 500, while the dollar jumped against the Japanese yen as the Bank of Japan governor repeated the central bank will maintain its ultra-loose monetary policy.
Netflix NFLX reported fourth-quarter 2022 earnings of 12 cents per share, missing the Zacks Consensus Estimate by 74.47%. The figure slumped 91% year over year.Revenues of $7.85 billion increased 1.9% year over year but lagged the consensus mark by 0.18%. On a foreign-exc
The S&P 500 and the Nasdaq rose on Friday after Netflix kicked off the earnings season for growth stocks on an upbeat note, while Google parent Alphabet gained on news of job cuts.
In early trading on Friday, shares of Netflix topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.9%. Year to date, Netflix registers a 15.5% gain.
In early trading on Friday, shares of SVB Financial Group topped the list of the day's best performing components of the S&P 500 index, trading up 12.5%. Year to date, SVB Financial Group registers a 22.2% gain.
Netflix NFLX cheered investors after it reported fourth-quarter 2022 results after the closing bell on Thursday. The world's largest video streaming company easily surpassed the subscriber growth numbers but missed earnings estimates.Driven by solid subscriber growth, sha
Below is Validea's daily guru fundamental report for NETFLIX INC (NFLX). Of the twelve guru strategies we follow, NFLX rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price r
Netflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.
In this video, I will go over Netflix's (NASDAQ: NFLX) Q4 earnings report, which was much better than expected. The company also shared some exciting metrics with regard to its competitors and the succession plan now that Reed Hastings is stepping down as CEO.
It's been an up-and-down week for the stock market, but it looked as though investors were ready to celebrate on Friday. Index futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up nearly 1% in premarket trading Friday morning as the benchmark looked to reverse steep losse
Technology stocks were edging higher premarket Friday. The Technology Select Sector SPDR Fund (XLK) was up 0.25% and the iShares Semiconductor ETF (SOXX) was recently climbing by 0.85%.
Nasdaq futures rose on Friday, after Netflix kicked off the earnings season for the growth sector on a positive note, but worries about a U.S. recession kept a lid on sentiment.
Netflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.