(RTTNews) - Netflix (NFLX) is laying off roughly 6 percent of its workforce, or about 1,000 employees, as the streaming company looks to prioritise resources and control costs. The cuts will primarily affect its product, technology, legal and human resources teams.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Intel Corp (Symbol: INTC), where a total of 627,726 contracts have traded so far, representing approximately 62.8 million underlying shares. That amounts to about 58% of
Netflix (NFLX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Key PointsCorporate America is gearing up for an important quarterly earnings season, which could dictate the direction of the stock market in the near term.
(RTTNews) - Netflix, Inc. (NFLX) is planning to reduce around 5 percent of its workforce, with an official announcement expected as early as next week, according to a Puck News report.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $256.7 million dollar outflow -- that's a 0.7% decrease week over week (
Software opened the year as the market's favorite casualty. The SPDR S&P Software & Services ETF (NYSEARCA: XSW) and the iShares Expanded Tech-Software Sector ETF (BATS: IGV) each dropped roughly 25% to 27% in the first quarter alone, as traders priced in a future where artifici