Shares opened weaker Thursday as investors took profit following strong gains in the previous session despite an overnight rally on Wall Street.
U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to the edge of its all-time high set in early December.
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.
Global stock markets were mixed on Thursday as Wall Street remained closed to honor the late former President Jimmy Carter. The U.S. stock market was closed Thursday in observance of a National Day of Mourning for Carter who died at the age of 100 late last month.
Fortunately, I bumped into the shop's owner, Sang Kim. Originally from Seoul, Kim has been living out here the past 20 years: Here meaning both sides of the border, Tijuana and Chula Vista. He's a mechanical engineer by trade, who emigrated to work for companies including LG and Hyundai.
Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.
In contrast, Seoul shares lost ground, led by losses among chipmakers. Market heavyweight Samsung Electronics plummeted 1.29 percent, while chip rival SK hynix plunged 2.88 percent despite having reported stellar earnings before the opening of the market.
Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI <a target=
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.
Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong and Shanghai rose but then shed some of their initial gains early Thursday.
Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.
Greta Gerwig’s “Narnia” reboot will play exclusively on 1,000 IMAX screens across 90 countries before debuting on Netflix next year.