For Immediate ReleaseChicago, IL – October 20, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
U.S. stock index futures slipped on Thursday, with those of the Nasdaq taking the biggest hit, after Tesla failed to meet estimates for quarterly revenue and warned of missing its vehicle delivery target.
An often-seen trait of a top-performing company is putting up above-average revenue growth for many years. Just look at the revenue growth charts of Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) -- two stocks that handily beat the market over the past 10 years -- and you'll se
What happened
Shares of Roku (NASDAQ: ROKU) initially gained ground on Wednesday, jumping as much as 2%, before losing their momentum and heading southward. As of the market close, the stock was down 4%.
U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in shares of Abbott Laboratories and a rise in Treasury yields sapped momentum from the current earnings season and outweighed a surge in Netflix Inc shares.
Wall Street took a breather today, despite upbeat earnings reports from Netflix (NFLX) and Procter & Gamble (PG). A surging 10-year Treasury yield, which climbed above 4.1%, pushed the S&P 500 and Nasdaq lower, while the Dow shed 100 points.
U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in shares of Abbott Laboratories and a rise in Treasury yields sapped momentum from the current earnings season and outweighed a surge in Netflix Inc shares.
As the Q3 earnings season gathers momentum, investors appear to be handsomely rewarding the companies that improve their revenue and earnings, provided there are also signs of improved visibility.
(RTTNews) - Streaming platform Netflix announced on Tuesday that it will officially start charging from customers who use the account sharing service, after giving hints of a crackdown during the recent months.
What happened
Etsy (NASDAQ: ETSY) shareholders saw more volatility on Wednesday as the stock fell 6% by 3 p.m. ET, compared to a 0.9% drop in the S&P 500. That decline added to a tough year for owners of the e-commerce platform, which is down 43% so far in 2022.
U.S. stocks retreated on Wednesday after two straight days of gains, as weakness in shares of Abbott Laboratories and a climb in Treasury yields took some momentum away from the current earnings season and outweighed a surge in Netflix Inc shares.
After providing investors with a multitude of gains over the last several years, the music was shut off for Netflix NFLX shares in 2022, sending them tumbling.
Consumer stocks were broadly lower in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.7% and the SPDR Consumer Discretionary Select Sector ETF (XLY) sinking 1.9%.
Netflix (NASDAQ: NFLX) really shouldn't be measured by the number of subscribers it adds in each quarter. This end-all, be-all metric of yesteryear is now so insignificant that the company will stop providing guidance for it.
Wall Street's main indexes struggled to gain on Wednesday as weakness in shares of Abbott countered gains in Netflix, leaving investors muddled about the ongoing earnings momentum.
Netflix NFLX reported third-quarter 2022 earnings of $3.20 per share, beating the Zacks Consensus Estimate by 46.92% and the company’s guidance of $2.14 per share. However, the figure decreased 2.8% year over year.Revenues of $7.93 billion increased 5.9% year over year an
The iShares Global Comm Services ETF is seeing unusually high volume in afternoon trading Wednesday, with over 404,000 shares traded versus three month average volume of about 105,000. Shares of IXP were up about 0.3% on the day.
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