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What happened Shares of Netflix (NASDAQ: NFLX) charged sharply higher on Wednesday, surging as much as 15.9%. As of 10:37 a.m. ET, the stock was still up 15.5%.

It's been an up and down year, although more down than up. The S&P 500 currently sits 22% below 2021's close. Roughly half of its stocks are down by even more.

In early trading on Wednesday, shares of Netflix topped the list of the day's best performing components of the Nasdaq 100 index, trading up 14.0%. Year to date, Netflix has lost about 54.4% of its value.

In early trading on Wednesday, shares of Netflix topped the list of the day's best performing components of the S&P 500 index, trading up 15.0%. Year to date, Netflix has lost about 54.0% of its value.

Netflix (NASDAQ: NFLX) is rallying 14% after posting a strong earnings report and surprising Wall Street estimates, gaining 2.4 million subscribers versus an estimate closer to 1 million. Is Netflix stock a buy now? Watch below for a Netflix earnings update and my take on where t

Wall Street's main indexes were set to fall at the open on Wednesday as Treasury yields surged to 14-year highs amid rising interest rates, denting gains powered by streaming giant Netflix after it reversed customer losses.

The NASDAQ 100 Pre-Market Indicator is down -54.57 to 11,093.17. The total Pre-Market volume is currently 46,118,409 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.3701 at $19.41, with 13,639,813 shares trad

U.S. stock futures fell on Wednesday as a surge in Treasury yields to multi-year highs amid rising interest rates dented gains powered by streaming giant Netflix after it reversed customer losses.

Jose Zegarra, a Peruvian tourist in Argentina's capital Buenos Aires, found out the hard way that the value of the country's peso isn't always what it seems as tough capital controls spawn an array of wildly diverging exchange rates.

In this video, I will go over Netflix's (NASDAQ: NFLX) Q3 earnings report, which was much better than expected. The company also shared some interesting metrics with regard to its competitors.

Market tension is building between surprising positivity still coming from the unfolding corporate earnings season and the anxiety in interest rate markets and macro gloom.

Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant.

Nasdaq futures held steady on Wednesday after streaming major Netflix posted a reversal in customer losses but concerns over rising interest rates weighed on the overall mood and looked set to stall a recent rally on Wall Street.

Netflix (NASDAQ:NFLX) delivered impressive financial and operating numbers for the third quarter. However, this shouldn’t surprise TipRanks’ users who leverage our website traffic screener. TipRanks’ website traffic screener showed that Netflix’s web visits are rising, indicating higher user engagement that could translate into subscriber growth in Q3. 

Per the tool, the web visits to netflix.com were up 6.63% quarter-over-quarter in Q3. Given the rise in traffic, Netflix announced that it had higher engagement than its peers and accounted for more TV time.

According to the company, Netflix accounts for 7.6% of TV time in the US, roughly 2.6 times more than Amazon (NASDAQ:AMZN) and 1.4 times higher than Disney+. Further, NFLX accounts for 8.2% of video viewing in the U.K., about 2.3 times higher than Amazon and 2.7 times more than Disney+. 

Thanks to the higher engagement, Netflix added 2.41 million paid subscribers in Q3, much higher than its guidance of 1 million. What stands out is its stellar performance in the APAC (Asia Pacific) region. Netflix added 1.43 million paid subscribers in Q3, outperforming other regions by a wide margin.

It’s worth highlighting that for Netflix, our website traffic prediction has been correct for three consecutive quarters. In Q2, our website traffic screener correctly predicted that Netflix would lose subscribers, owing to which its revenue fell short of analysts’ estimates. 

While Netflix bounced back in Q3, let’s leverage TipRanks’ website traffic screener to gauge what’s on the horizon for Disney+ in the fourth quarter. 

Website Traffic Shows Rising Trends for Disney+ 

For Disney+, a leading subscription-based streaming service from Disney (NYSE:DIS), the tool shows that web visits are rising, pointing to a continued improvement in demand. The data shows that traffic at disneyplus.com increased 10.91% quarter-over-quarter in Q4. 

Notably, Disney+ added 14.4 million subscribers during the last reported quarter.

The web visit trends show that Disney could continue to add more subscribers in Q4. Disney will announce its Q4 results on November 8. 

Learn how Website Traffic can help you research your favorite stocks.

Bottom Line 

With saturation in developed markets and increased competition, streaming service providers face an uphill task of getting a greater share of users’ wallets. Thus, our web traffic screener comes in handy to gain insights about what will happen ahead of the earnings report. 

Meanwhile, on TipRanks, Netflix stock has a Hold consensus estimate based on 10 buy, 14 Hold, and five sell recommendations. An adverse currency movement and higher content and marketing spending could weigh on its revenues and operating margins in the near term.

On the contrary, Disney stock has received 14 Buy and three Hold recommendations for a Strong Buy consensus rating. The rising web traffic trends indicate that Disney’s revenues could zoom past estimates in the upcoming fourth quarter.

Disclosure 

Asian shares were mixed on Wednesday, with investors cautious on China amid the ongoing Party Congress, while European markets are set to extend the optimism on earnings ahead of British inflation readings.

Image source: The Motley Fool.

Netflix (NASDAQ:NFLX) finally unveiled its new ad-supported plan in 12 countries including the U.S. The new tier, called “Basic with Ads” will be launched on November 3. The success of the new plan will be important for Netflix, as it needs to bolster subscriber addit

Asian shares were mostly higher on Wednesday, with U.S. corporate earnings aiding sentiment, while traders awaited British inflation readings later in the day for clues on how hawkish central banks need to be to fight inflation.

What happened Shares of Amazon (NASDAQ: AMZN) climbed 2.3% on Tuesday, following some positive notes from analysts.

Wall Street stayed in a good mood on Tuesday, building on Monday's gains with further advances. The size of the move higher wasn't quite as big as yesterday, but the Dow Jones Industrial Average (DJINDICES: ^DJI), Nasdaq Composite (NASDAQINDEX: ^IXIC), and S&P 500 (SNPINDEX: