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.
The Dow Jones Industrial Average was up 136 points, or 0.3%, as of 11:55 a.m. Eastern time. The Nasdaq composite was 1.5% higher.
Wariness is passé on Wall Street. Cautious uncertainty over lingering inflation and geopolitical turbulence have been replaced by giddiness over the deregulatory bonanza financial firms expect President Donald Trump’s administration to deliver.
In the client CPU market, AMD Ryzen processors continued to gain traction. The company captured 23.9% of the desktop CPU market share in the first-quarter of 2024 — the largest
Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
The editorial board of The Wall Street Journal is criticizing President Trump’s decision to pardon more than 1,500 his supporters who attacked the Capitol on Jan. 6, 2021. “This is a
U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The
(Reuters) - Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday, as part of a management reshuffle less than a week after reporting its biggest quarterly profit in more than three years.
Wall Street Pepe continues to set records as the fastest-selling meme coin ICO in history. The presale has already reached $55 million and will close in 25 days.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
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. The S&P 500 rose 0.