U.S. stocks were set to open lower on Friday after mixed earnings, while growth stocks cut some losses in a torrid week marked by surging bond yields as investors braced for higher interest rates.
Stocks leading the way in disruptive industries have historically produced outsized results. The long-term returns of stocks such as low-cost retailer Walmart and streaming giant Netflix show the powerful force that brings change and improvement to people's lives.
Star stock-picker Cathie Wood's Ark Invest this week snapped up shares of pandemic darlings including Roblox Corp, Roku Inc and Zoom Video Communications that have fallen out of favor this year.
Like many growth stocks this year, shares of Spotify Technology (NYSE: SPOT) have been crushed. The stock is down 60% from its all-time high. At the current quote of about $122, the shares are hovering just above the 52-week low of $118.20.
Netflix (NASDAQ: NFLX) stock dropped precipitously after the streaming giant reported worse-than-expected first-quarter earnings results on Tuesday. Factors leading to the stock's slide were slowing customer demand -- the number of its subscribers fell for the first time in more
Over the course of its history as a publicly-traded company, Netflix (NASDAQ: NFLX) has treated its shareholders very well. Provided one held the stock through all its ups and downs over the years, a $1,000 investment at the IPO would be worth $189,000 today. On the other hand, t
Netflix's (NASDAQ: NFLX) first-quarter earnings report led to a massive one-day share decline. Weak subscriber numbers had investors fleeing the stock, and a poor outlook for adding customers led to a single-day drop of 35%.
Wall Street's ended lower on Thursday, with the Nasdaq dropping more than 2%, as investors reacted to Federal Reserve officials including Chair Jerome Powell offering further signposting of aggressive interest rate hikes this year.
Wall Street's three main indexes closed lower on Thursday, giving up earlier gains as Federal Reserve officials including Chair Jerome Powell offered further signposting of aggressive interest rate hikes this year.
The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs ahead of a speech by Federal Reserve Chair Jerome Powell, with investors worried about aggressive interest rate hikes this year.
Netflix (NASDAQ: NFLX) reported first-quarter results on Tuesday. The company shed subscribers for the first time in years. The streaming pioneer was a massive winner during the initial stages of the pandemic when billions of people were spending nearly all their time at home.
U.S. stocks rose on Thursday as a slew of upbeat earnings from companies including Tesla outweighed concerns about aggressive interest rates hikes that have kept bond yields elevated.
Netflix (NASDAQ: NFLX) reported first-quarter 2022 results after the market closed on Tuesday, April 19, disappointing investors. The company missed its own guidance on subscriber additions and lost subscribers for the first time in years.
In early trading on Thursday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 9.8%. Year to date, Tesla registers a 1.6% gain.
Cathie Wood went shopping on Wednesday as streaming service stocks were falling. The CEO, founder, and primary stock picker for Ark Invest made the most of the deluge, adding shares of Roku (NASDAQ: ROKU) to two of her exchange-traded funds.
Huge news came out this week when Netflix (NASDAQ: NFLX) management announced on the first-quarter earnings call that the company plans to launch an advertising-supported tier for its subscription streaming service. There were scant details about what the price point would be, ho
A 35% drop in a stock's value is hard to stomach. When it happens in one day, it feels even worse. That's what happened to Netflix's (NASDAQ: NFLX) stock on Wednesday after it reported first quarter earnings. However, the meltdown was deserved due to its membership dropping for t
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