Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time high
2 months ago

Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time high

Associated Press  

NEW YORK — Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. It also reported stronger profit than analysts expected and said it’s raising subscription prices in the United States and other countries. It also said it’s sticking with its financial forecasts for the full fiscal year, even though rising commodity costs and the stronger value of the U.S. dollar against other currencies are hurting its results. For stocks to remain resilient and rise despite the bite of high interest rates, companies will need to keep delivering solid profit growth, and Boivin said he sees encouraging signals.

Stocks Market Netflix Treasury Stock Profit High Rose Oracle  stock  brink  street  stocks  netflix  send  market  excitement  analysts  latest  expected  today  helped  high  quarter  wall  profit  rose

History of this topic

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers
1 day, 10 hours ago

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

Associated Press  

NEW YORK — Wall Street is quieter on Tuesday after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. Monday’s spurt for Wall Street came on hopes that Trump’s “reciprocal” tariffs may be more targeted than had been feared. Even if Trump’s tariffs do end up being less painful for …

Most of Wall Street rises as earnings reporting season ramps up
1 month, 3 weeks ago

Most of Wall Street rises as earnings reporting season ramps up

LA Times  

Trader Daniel Kryger works on the floor of the New York Stock Exchange on Feb. 4, 2025. They helped offset a 7.3% drop for Alphabet, which sank even though Google’s parent company reported stronger profit for the latest quarter than analysts expected. Advanced Micro Devices fell 6.3% even though the chip company edged past profit expectations for the latest quarter. …

Netflix stock zooms 15% to hit record high of $988 on subscriber growth boost, global base swells to 300 million
2 months ago

Netflix stock zooms 15% to hit record high of $988 on subscriber growth boost, global base swells to 300 million

Live Mint  

Netflix share price today: Shares of global streaming giant Netflix soared 15 per cent to a record high on Wednesday, January 22, after big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, expanding its sizeable advantage over other players in the digital OTT space. Netflix stock skyrockets 15% over earnings boost Netflix also unveiled …

Netflix shares soar to record high after ‘biggest ever’ subscriber gain in Q4 2024-25
Trending News
2 months ago

Netflix shares soar to record high after ‘biggest ever’ subscriber gain in Q4 2024-25

Hindustan Times  

Netflix Inc. shares soared to a record high on Wednesday after the streaming giant reported its biggest quarterly subscriber gain in history, buoyed by its first major live sporting events and the return of Squid Game. The company’s stock has historically risen and fallen based on customer additions, but management is trying to get investors to prioritize financial metrics like …

Netflix explodes into a new era
2 months ago

Netflix explodes into a new era

Live Mint  

One thing Netflix definitely has learned over its many years in show business is how to go out on a high note. But Netflix co-chief executive Greg Peters said during the company’s earnings call on Tuesday that the three aforementioned titles were responsible for “a small minority" of total subscriber additions in the quarter. View Full Image Graphic: WSJ The …

Netflix adds 19 million subscribers surpassing 300 million total, hikes prices in US, shares jump 14%
Trending News
2 months ago

Netflix adds 19 million subscribers surpassing 300 million total, hikes prices in US, shares jump 14%

Live Mint  

Streaming giant Netflix on January 21 released its October-December quarter results, reporting that it added close to 19 million subscribers during the holiday period to surpass 300 million subs in total, AFP reported. “We enter 2025 with strong momentum, coming off a year with record net additions — 41 million — and having re-accelerated growth,” Netflix executives told investors in …

Netflix and AI excitement send Wall Street to the brink of an all-time high
2 months ago

Netflix and AI excitement send Wall Street to the brink of an all-time high

LA Times  

Traders work on the floor at the New York Stock Exchange on Jan. 21, 2025. It also reported stronger profit than analysts expected and said it’s raising subscription prices in the United States and other countries. It also said it’s sticking with its financial forecasts for the full fiscal year, even though rising commodity costs and the stronger value of …

Netflix’s big game is just getting started
2 months, 3 weeks ago

Netflix’s big game is just getting started

Live Mint  

In show business, you’re only as good as your latest hit. Those numbers broke previous streaming records for NFL games, and Netflix pulled off the event without the major technical glitches that marred last month’s live boxing match between Mike Tyson and Jake Paul. That would be the most new subscribers during the year-end period ever save for last year’s …

Tech stocks and AI lift Wall Street to more records
3 months, 3 weeks ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Stocks Soar to New Records, With Netflix Leading the Way
5 months, 1 week ago

Stocks Soar to New Records, With Netflix Leading the Way

Live Mint  

US stocks continue their winning streak, with the S&P 500 and Dow Jones Industrial Average reaching new records. Netflix's strong profit boosts the market, while oil prices decline as concerns recede about a potential Iranian attack on Iranian oil facilities. Treasury yields ease slightly, but remain in a range of 4.75% to 5%. Elsewhere, Chinese stock indexes rise, while stocks …

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls
5 months, 1 week ago

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls

Live Mint  

Tech stocks lead the way, with the Nasdaq and S&P 500 gaining significant gains. Netflix's strong performance boosts its stock, while Apple and Nvidia show positive performance in the tech sector. American Express's quarterly profit is slightly lower than expected, while Intuitive Surgical's profit exceeds expectations. In the bond market, the 10-year Treasury yield falls slightly, while gold prices remain …

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations
5 months, 1 week ago

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations

LA Times  

Lily Collins as Emily clutches Lucas Bravo as Gabriel in an episode of Netflix’s “Emily in Paris.” Streaming giant Netflix has proved there are still legs left in its membership growth, reporting 5 million new subscribers in its third quarter for a total of 282.7 million global members. Netflix’s performance in the third quarter was buoyed by original programming, including …

Stock market today: Wall Street weakens ahead of a highly anticipated speech
7 months ago

Stock market today: Wall Street weakens ahead of a highly anticipated speech

Deccan Chronicle  

New York: U.S. stocks weakened Thursday in the run-up to Wall Street's main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. Stocks fell as Treasury yields cranked up the pressure in the bond market following some mixed data on the U.S. economy, which has been slowing under the weight of high interest rates …

Stock market today: Wall Street weakens ahead of a highly anticipated speech
7 months ago

Stock market today: Wall Street weakens ahead of a highly anticipated speech

Associated Press  

NEW YORK — U.S. stocks weakened Thursday in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. Stocks fell as Treasury yields cranked up the pressure in the bond market following some mixed data on the U.S. economy, which has been slowing under the weight of high interest …

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
7 months ago

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

Associated Press  

NEW YORK — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates next month after it jacked them to a two-decade high to beat inflation. Most Federal Reserve officials agreed last month that they would …

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
8 months, 1 week ago

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off

The Hindu  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
8 months, 1 week ago

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Associated Press  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024
10 months, 3 weeks ago

Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024

Associated Press  

NEW YORK — Stocks that traded heavily or had substantial price changes on Wednesday: Amazon.com Inc., up $4 to $179. The e-commerce giant beat Wall Street’s first-quarter earnings and revenue forecasts. The server technology company gave investors a weak revenue forecast for its current quarter. The coffee chain’s fiscal second-quarter earnings and revenue fell short of Wall Street forecasts. The …

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company
11 months ago

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company

LA Times  

If you run a streaming service and you want Wall Street analysts and investors to stop caring so much about your subscriber numbers, you have a couple of options. Instead, Netflix would prefer that the market judge its business based on metrics including sales and free cash flow, which is a better indicator of the company’s overall health. And if …

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
11 months, 1 week ago

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Associated Press  

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth. The strategy resulted in Netflix adding 30 million subscribers last year — the second largest …

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results
1 year, 2 months ago

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results

Associated Press  

SAN FRANCISCO — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Netflix signaled it will try to justify the higher subscription prices — and perhaps reel in more advertisers to …

Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results
1 year, 2 months ago

Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix registered its third-consecutive quarter …

Wall Street week ahead: Investors eye economic growth indicators, key earnings
1 year, 2 months ago

Wall Street week ahead: Investors eye economic growth indicators, key earnings

Live Mint  

On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. Earnings Following companies are due to declare their quarter results in the …

Netflix forecast misses Wall Street consensus, shares dip
1 year, 11 months ago

Netflix forecast misses Wall Street consensus, shares dip

Live Mint  

Netflix Inc added fewer new customers than Wall Street expected in the first quarter and offered a forecast below analyst estimates for the next three months as it delayed a broader launch of its password-sharing crackdown. Revenue and earnings for the first quarter, revealed in an earnings report on Tuesday, came in roughly in line with Wall Street expectations, according …

Netflix's revenue growth expected to be the weakest as its marketing strategy faces challenges
2 years, 2 months ago

Netflix's revenue growth expected to be the weakest as its marketing strategy faces challenges

India TV News  

Netflix's revenue growth expected to be the weakest as its marketing strategy faces challenges Due to declining consumer spending, rising production costs, and increased competition from Disney+ and Amazon Prime, the pioneer in streaming has been having trouble. As its ad-supported plan struggles to draw consumers in the saturated US market, Netflix Inc. is expected to report its worst quarterly …

Netflix rebounds from recent subscriber losses with 3Q gain
2 years, 5 months ago

Netflix rebounds from recent subscriber losses with 3Q gain

Associated Press  

SAN FRANCISCO — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. Netflix now boasts 223 million subscribers, enabling the company to at least temporarily reclaim the mantle as the world’s …

Some good news for Netflix, with subscriber gains in the third quarter
2 years, 5 months ago

Some good news for Netflix, with subscriber gains in the third quarter

LA Times  

After two consecutive quarters of subscriber decline, Netflix said its prospects look brighter for the second half of the year as it prepares to launch a cheaper streaming plan with ads. For the record: This story was updated to correct the number of hours people watched “Dahmer — Monster: The Jeffrey Dahmer Story.” In its third quarter, Netflix’s “Dahmer — …

Wall Street struggles for direction as Fed’s rate hike expectation loom
2 years, 6 months ago

Wall Street struggles for direction as Fed’s rate hike expectation loom

Live Mint  

U.S. stock indexes struggled for direction on Wednesday and were set for sharp monthly declines as investors worried how much the Federal Reserve will hike interest rates to tame inflation, while chipmakers slid after tepid forecasts from Seagate and HP Inc. The three main indexes were on pace for their worst August performance since 2015, with the tech-heavy Nasdaq down …

Netflix's tanking shares struggle to regain value after news 970,000 canceled subscriptions
2 years, 8 months ago

Netflix's tanking shares struggle to regain value after news 970,000 canceled subscriptions

Daily Mail  

Netflix could face further financial hardship after revealing its subscriber numbers had dipped by 970,000 in the second quarter - as it was further blasted over woke shows. But Netflix will face its first full day-of-reckoning when the markets open on Wednesday morning - and there's no guarantee the streamer won't see another share price slump. Meghan Markle's ill-fated project …

Premarket: Why Tesla’s stock is still defying gravity
2 years, 11 months ago

Premarket: Why Tesla’s stock is still defying gravity

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. “It may seem like maybe we’re being unreasonable about increasing the prices of our vehicles given that we had record profitability this quarter, but the wait list for our vehicles is quite long,” Musk said. But JPMorgan analyst Ryan Brinkman told clients Thursday that the company …

Netflix rocked by subscriber loss, may offer cheaper ad-supported plans
2 years, 11 months ago

Netflix rocked by subscriber loss, may offer cheaper ad-supported plans

The Hindu  

Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic. "When we were growing fast, it wasn't a high priority to work on," Hastings …

Netflix suffers first subscriber loss in a decade
2 years, 11 months ago

Netflix suffers first subscriber loss in a decade

Al Jazeera  

Wall Street sent Netflix’s stock tumbling 26 percent after market hours, erasing about $40bn of market value. “And now we’re working super hard on it.” Confluence of events Netflix’s first-quarter revenue grew 10 percent to $7.87bn, slightly below Wall Street’s forecasts. “I don’t think any of us expected that all to happen at once.” The world’s dominant streaming service was …

No chill: Netflix shares drop 39% after massive subscriber loss
2 years, 11 months ago

No chill: Netflix shares drop 39% after massive subscriber loss

Al Jazeera  

Netflix Inc. tumbled 39% on Wednesday, extending a selloff that has set it on course for a $60 billion wipeout in market value, after it reported a sharp decline in its subscriber base. Netflix traded as low as $212.51 in New York, extending its plunge this year to 64% — making the worst performing stock in the broad S&P 500 …

Netflix stock plunges after subscriber losses
2 years, 11 months ago

Netflix stock plunges after subscriber losses

CNN  

New York CNN Business — Netflix’s bad 2022 just got muchworse. In its letter to investors, the company said that since it launched streaming in 2007, the company has “operated under the firm belief that internet-delivered, on demand entertainment will supplant linear TV,” But, it added, in the near term “we’re not growing revenue as fast as we’d like.” Netflix …

Netflix shares tank 20% on weak subscriber outlook
3 years, 2 months ago

Netflix shares tank 20% on weak subscriber outlook

CNN  

New York CNN Business — Netflix’s stock fell as much as 20% in after hours trading due to a bad outlook for its future growth. The company said in its letter to investors that competition from streaming rivals “may be affecting our marginal growth some.” However, it added, “we continue to grow in every country and region in which these …

Netflix misses subscriber target, shares fall on weak forecast
3 years, 2 months ago

Netflix misses subscriber target, shares fall on weak forecast

Al Jazeera  

During the reporting season of October to December, the world’s largest streaming service released star-studded movies Red Notice and Don’t Look Up. Netflix Inc fell short of Wall Street forecasts for new subscribers at the end of last year and offered a weaker-than-expected forecast for early 2022 as rivals amped up the competition in the battle for streaming television viewers. …

Why Netflix is raising prices
3 years, 2 months ago

Why Netflix is raising prices

CNN  

New York CNN Business — Netflix is set to report fourth-quarter earnings on Thursday. “Raising prices is just one lever they can continue to pull right now, though I’m not sure for how much longer,” Hare said. Spending money to make money Mark Zgutowicz, a senior analyst with Rosenblatt Securities, said that Netflix spends a ton of money on content …

Qualcomm, Electronic Arts rise; Moderna, Roku fall
3 years, 4 months ago

Qualcomm, Electronic Arts rise; Moderna, Roku fall

Associated Press  

NEW YORK — Stocks that traded heavily or had substantial price changes Thursday: Qualcomm Inc., up $17.63 to $156.11. The chipmaker gave investors an encouraging profit forecast after reporting strong fourth-quarter financial results. The online reservations site beat Wall Street’s third-quarter profit and revenue forecasts. The video streaming company gave investors a weak sales forecast and warned that supply chain …

Netflix posts higher 3Q earnings, solid subscriber growth
3 years, 5 months ago

Netflix posts higher 3Q earnings, solid subscriber growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix posted sharply higher third-quarter …

Netflix’s subscriber growth has slowed dramatically. Blame competition and the pandemic
3 years, 8 months ago

Netflix’s subscriber growth has slowed dramatically. Blame competition and the pandemic

LA Times  

Netflix’s subscriber growth slowed dramatically in the second quarter as the surge in streaming subscriptions from the COVID-19 pandemic petered out, competition increased and the company considered novel ways to grow its business. “Competition in the U.S. seems to finally have arrived in meaningful form given the backdrop of so many new streaming apps and the Discovery and Warner Media …

Don’t believe the hype: the streaming boom is far from over. Those writing off Netflix are going to look silly
3 years, 11 months ago

Don’t believe the hype: the streaming boom is far from over. Those writing off Netflix are going to look silly

The Independent  

Wall Street’s laser-like focus on quarterly earnings reports frequently rob it of a sense of perspective. If you haven’t seen the numbers yet, you may know that in terms of subscribers, Netflix missed its own forecasts by quite a bit. Overpromise and underdeliver and you’re going to get punished, and Netflix overpromised to the tune of 2 million subscribers, with …

Netflix needs a Next Big Thing
3 years, 11 months ago

Netflix needs a Next Big Thing

CNN  

New York CNN Business — Netflix is synonymous with streaming, but its competitors have a distinct advantage that threatens the streaming leader’s position at the top. “If you hit a wall with then you pretty much don’t have a super growth strategy anymore in your most developed markets,” Michael Nathanson, a media analyst and founding partner at MoffettNathanson, told CNN …

Netflix stock drops: Subscriber growth slows as vaccinations ramp up and rivals gain
3 years, 11 months ago

Netflix stock drops: Subscriber growth slows as vaccinations ramp up and rivals gain

CNN  

New York CNN Business — Netflix had a huge first quarter last year thanks to the pandemic keeping people inside. “We believe paid membership growth slowed due to the big Covid-19 pull forward in 2020,” Netflix said in its letter to investors on Tuesday. Netflix’s addition of just 4 million subscribers was miniscule compared to its year-earlier growth, when the …

Netflix racked up subscribers early in the pandemic. Now, not so much
3 years, 11 months ago

Netflix racked up subscribers early in the pandemic. Now, not so much

LA Times  

Netflix significantly missed its estimates for how many subscribers it would add in the first quarter, citing a delay in productions during the pandemic as a factor. The company said its paid membership growth slowed because of the “big COVID-19 pull forward in 2020” and a lighter content slate due to production delays. The company said it expects a “strong …

Netflix stocks jump as company crosses 200 million subscribers milestone
4 years, 2 months ago

Netflix stocks jump as company crosses 200 million subscribers milestone

CNN  

New York CNN Business — Netflix — which was founded in 1997 as a rental company that sent you DVDs in the mail — crossed a major milestone on Tuesday, further solidifying itself as one of the most influential companies in Hollywood. “2020 was an incredibly difficult year with extraordinary loss for so many families, new restrictions that none of …

Wall Street update: US stocks mostly up in choppy trading after GDP data
4 years, 4 months ago

Wall Street update: US stocks mostly up in choppy trading after GDP data

Live Mint  

The S&P 500 and Nasdaq were set to open higher on Thursday after data showed domestic economy grew at an unrivaled pace in the third quarter as the government poured out more than $3 trillion worth of pandemic relief. Democratic challenger Joe Biden holds a comfortable lead over President Donald Trump in national polls, but the race in battleground states …

Are you still watching? Netflix misses subscriber target by 1.2m
4 years, 5 months ago

Are you still watching? Netflix misses subscriber target by 1.2m

Al Jazeera  

The streaming giant missed Wall Street’s and its own target for the quarter that ended September 30 after major gains earlier in the year. Netflix Inc on Tuesday posted the weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television. The company added 2.2 million paid subscribers globally during the quarter …

Netflix posts explosive growth, but boom may not last long
4 years, 11 months ago

Netflix posts explosive growth, but boom may not last long

Al Jazeera  

COVID-19 is hurting the global economy, but video-streaming services are profiting because they have a captive audience. Netflix added a record 15.8 million paid subscribers during the first quarter, almost double the 8.47 million forecast by Wall Street analysts. “We expect viewing to decline and membership growth to decelerate as home confinement ends.” While Covid-19 has been devastating to the …

Wall Street gains after reports of Boeing to resume production next week; investors cheer Trump's plan to reopen economy
4 years, 11 months ago

Wall Street gains after reports of Boeing to resume production next week; investors cheer Trump's plan to reopen economy

Firstpost  

Boeing’s shares soared 11.7 percent on plans to resume commercial aircraft production in Washington state after halting operations last month due to the coronavirus pandemic Wall Street bounced on Friday as Boeing said it would resume production of commercial jets next week, with investors also cheering President Donald Trump’s plan to reopen the economy and on hopes of a potential …

Discover Related