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Paramount Global’s PARA ad-supported streaming service Pluto TV continues its international rollout with the launch of the service in Canada through a partnership with Toronto-based Corus Entertainment, which has a large library of food and lifestyle programming and opera

What's good for the economy, isn't always good for the equities market. It's a topsy-turvy world in which stock traders are looking for signs of a slowdown in U.S. hiring so that the Federal Reserve will have an excuse to pause its interest-rate hikes or even pivot to interest-rate cuts next year. Even though Federal Reserve Chairman Jerome Powell's speech from a few days ago was this week's most impactful market event, this morning's employment-data report was also significant. So, let's see what the numbers indicate and how it could potentially affect your investments now. Nonfarm Payrolls Print Comes in Hotter than Expected At first glance, the Labor Department's report for the month of November might not seem noteworthy. After all, the 3.7% unemployment rate was perfectly in-line with what economists had anticipated. Yet, there's more to the story here. As it turns out, nonfarm payrolls in the U.S. increased by 263,000 during the month of November. That's a lot higher than the 200,000 that economists had projected. On top of that, average hourly earnings increased 0.6% year-over-year in November. Economists, meanwhile, had modeled an increase of 0.3%. In other words, a surprisingly high number of people are working and they're getting paid more than the experts had anticipated. In order to slow down its trajectory of interest-rate increases, the Federal Reserve wanted to see signs of a cooling economy, which would help to tamp down inflation. However, given the aforementioned labor data, stock traders feel that the central bank will be less inclined to pause or pivot in the near future. These Stocks are Impacted the Most All of the major stock-market indices are down, with the Nasdaq falling further than the S&P 500 and the Dow Jones Industrial Average. As of 11:00 a.m. Eastern time, the Nasdaq was down 1.3%. Clearly, last year's high flyers are at risk. The Nasdaq is dominated by 2021's growth stocks, such as Tesla ( NASDAQ: TSLA ), Meta Platforms ( NASDAQ: META ), and Netflix ( NASDAQ: NFLX ). These stocks, which had elevated P/E ratios last year, are vulnerable as the Federal Reserve continues to tighten its monetary policy. Also, chipmakers are feeling the heat today as shares of semiconductor manufacturers Intel ( NASDAQ: INTC ), Advanced Micro Devices ( NASDAQ: AMD ), and Micron ( NASDAQ: MU ) are falling fast. Historically, chipmakers have tended to be susceptible to changes in interest rates. There really are no safe havens in this environment, as even the less tech-heavy Dow Jones Industrial Average is in the red today. Investors might consider less volatile stocks for the time being, such as Walmart ( NYSE: WMT ), which generally has all-weather appeal. Disclosure

It's no real surprise to learn streaming services like Netflix (NASDAQ: NFLX) and HBO Max are struggling to add subscribers. The COVID-19 pandemic created a swell of demand that was never going to be sustained, and a significant number of streaming options have surfaced just with

Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as sluggish deal markets weigh on Wall Street profits.

Wall Street slipped on Thursday as a contraction in manufacturing activity last month clouded data showing a mild easing in inflation and solid consumer spending, while a fall in Salesforce shares dragged the Dow lower.

Morgan Stanley is making modest job cuts across the globe, Chief Executive Officer James Gorman said, as Wall Street comes under pressure with dealmaking slowing down.

Once upon a time -- way back in the DVD-by-mail era -- Netflix (NASDAQ: NFLX) was all about movies. TV shows became a second focus when the company started producing its own content for the digital video-streaming service. That was a decade ago and Netflix has pursued those two t

It has been about a month since the last earnings report for Sirius XM (SIRI). Shares have added about 6.9% in that time frame, underperforming the S&P 500.

When it comes to streaming companies, there are perhaps no bigger giants than Walt Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX). Each counts subscriber numbers north of 200 million, and both offer plans designed to appeal to premium and cost-sensitive consumers.

Wall Street witnessed an impressive rally following dovish comments from the Fed Chairman. Earlier the market was trading in negative territory as investors were assessing as series of mixed economic data. All the three major stock indexes ended in positive zone. For the

Of the three major U.S. stock indexes, the Nasdaq (NASDAQINDEX: ^IXIC) has had by far the worst performance thus far in 2022. All of them have rebounded notably from their 52-week lows, but the tech-heavy index is still down 27% year to date, while the Dow Jones Industrial Averag

Netflix Inc is planning to let tens of thousands of users around the world to preview content from early next year, expanding beyond its current previewer base of 2,000-plus subscribers, the Wall Street Journal reported on Thursday.

There will no doubt be plenty of Oculus virtual reality headsets and iPhones given as gifts this holiday season. It's also a safe bet that millions of people will shop online and watch streaming services with their families. The trend of companies pushing their apps and data to t

Recession fears have sent the Nasdaq Composite plunging into a bear market. The tech-heavy index is currently 31% off its high, marking its sharpest decline in the past decade. Losses of that magnitude can rattle even the most experienced investors, but there is a silver lining t

The tech-centric Nasdaq Composite is home to hundreds of corporations, but few are as prominent as those sometimes referred to by the acronym "FAANG." This group includes several major companies, including Facebook parent Meta Platforms (NASDAQ: META), Apple, Amazon, Netflix, and

What happened Uncertainty regarding the length and duration of the downturn have hung over the market like an anvil this year, with many investors afraid to buy the dip for fear of suffering further declines. Add to that the Federal Reserve Bank's relentless campaign of rising in

Silicon Valley leaders welcomed Elon Musk's management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire "the bravest, most creative person on the planet."

Netflix Inc co-founder Reed Hastings on Wednesday said he was "wrong" to resist ads for his streaming service.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netflix Inc (Symbol: NFLX), where a total volume of 363,271 contracts has been traded thus far today, a contract volume which is representative of approximately

The best performing sector as of midday Wednesday is the Technology & Communications sector, up 2.0%. Within that group, Epam Systems, Inc. (Symbol: EPAM) and Ceridian HCM Holding Inc (Symbol: CDAY) are two of the day's stand-outs, showing a gain of 7.5% and 5.7%, respecti