383.86 +4.38 (1.15%)
Pre-Market: 7:04AM EDT
|Bid||381.80 x 800|
|Ask||382.00 x 1400|
|Day's Range||344.00 - 385.00|
|52 Week Range||164.23 - 423.21|
|PE Ratio (TTM)||254.34|
|Earnings Date||Oct 15, 2018 - Oct 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||377.60|
Netflix sinks while Alphabet, Amazon, Facebook all hit new highs on Tuesday.... harbinger or opportunity? Lee Munson, President and CIO, Portfolio Wealth Advisors is here to help us sort it out.
Myles Udland with a lookahead for Wednesday
Tuesday, July 17: Netflix misses expectations on subscriber adds, stock sinks; Amazon has mass site outages on Prime Day but sales were way up anyway; Goldman Sachs announced its next CEO, David Solomon. Yahoo Finance’s Dan Roberts serves the news.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Netflix, Walmart and Comerica are the Yahoo Finance charts of the day.
Let's check out the Yahoo Finance charts of the day. Netflix (NFLX): Shares are down in early trade, at around 10.3%. Deutsche Bank downgraded shares of the streaming company from "buy" to "hold" following the streaming company's huge second quarter subscriber miss. Walmart (WMT): Shares up here, at around .90%. The retailer struck a five-year agreement with Microsoft to use cloud and artificial intelligence technology. Walmart said the goal is to make shopping faster and easier for customers. Comerica (CMA.N): Shares up here, around .90%. The regional bank saw a jump in profit by 61% helped by a rise in net interest income and growth in loans. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.
Some days, the market just doesn't want to go lower, Jim Cramer told his Mad Money viewers Tuesday. Investors have never gone wrong buying Netflix on the dips, and today was no exception. As analysts began picking through the company's earnings, it became clear that perhaps the only thing wrong with Netflix was the company's ability to accurately forecast its own growth.
At around 4:45 a.m. ET, Dow futures rose 4 points, indicating an implied open of around 10 points higher. Meanwhile, the Nasdaq and S&P 500 futures were both set to open little changed from the previous session. U.S. stock index futures pointed to a slightly higher open Wednesday morning, as investors monitor a flurry of corporate earnings and a fresh batch of economic data.
Disney CEO Bob Iger and Comcast CEO Brian Roberts are in direct competition over Twenty-First Century Fox and Sky for one overarching reason: internet streaming. The appeal of Sky to the likes of Comcast or Disney is such that owning the firm would give them both a rare opportunity to diversify out of the U.S. and reach consumers more directly. Disney DIS and Comcast CMCSA are currently locked in a transatlantic bidding war for one of the entertainment industry’s most coveted assets.
U.S. stock-market bulls have had plenty of reasons to feel confident in their position of late. The S&P 500 is back at multimonth highs while the Nasdaq has returned to records, an uptrend that has spurred a resurgence in optimistic sentiment.
Internet TV streaming services have hit a milestone in Britain. For the first time, the number of UK subscribers to video streaming sites like Amazon and Netflix has surpassed the number of subscribers to traditional television, according to Britain’s Office of Communications (Ofcom), its main media regulator. The turning point, while expected, will likely make…
Advanced Micro Devices (NASDAQ:AMD) has been on fire since its last earnings report in late April. While AMD stock wasn’t trading at its absolute lows when it reported, it was pretty close. Anyway, the quarter helped propel shares from roughly $10 to more than $16 currently.10 Dow Jones Titans to Buy Now
The Trump administration is lifting requirements for some tax-exempt groups to disclose the identities of their donors to federal tax authorities. The change benefits groups that spend millions on political ...