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Stock Market News for Oct 24, 2022

4 years ago
Wall Street closed sharply higher on Friday, with all three indexes posting their best week since June. Investor mood was uplifted by a report suggesting that the Fed would be discussing slowing down the pace of rate hikes from December. The benchmark U.S. 10-year treasur

2.4 Million Reasons to Like Netflix Stock

4 years ago
In the third quarter (ended Sept. 30), Netflix (NASDAQ: NFLX) posted revenue of $7.9 billion and diluted earnings per share of $3.10, both beating Wall Street analyst estimates. And the stock immediately popped 14% following the news after the market closed on Tuesday, Oct. 18.

Netflix's New Ad Tier Arrives Just in Time

4 years ago
The upcoming launch of an ad-supported version of Netflix (NASDAQ: NFLX) is dividing the market into two camps. Some investors are cheering the idea that a lower-cost offering could rekindle subscriber growth. Others fear adding the option of advertisements could tarnish the bran

Why Netflix Stock Is Soaring Today

4 years ago
What happened Shares of Netflix (NASDAQ: NFLX) continued to soar on Friday. The move was sparked by Tuesday evening's robust third-quarter earnings report. Three days later, investors are still finding more reasons to be impressed by Netflix's results.

Why Netflix Stock Jumped This Week

4 years ago
What happened Week to date, shares of Netflix (NASDAQ: NFLX) were up more than 24% as of 12:17 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence. The streaming leader posted its first quarter of subscriber growth since the fourth quarter of last

Why Is Everyone Talking About Netflix?

4 years ago
Netflix (NASDAQ: NFLX) has had an up-and-down year. After hitting record revenue in 2020 and 2021, the streamer lost 200,000 subscribers in its first quarter and close to another 1 million during its second quarter.
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