367.80 +0.15 (0.04%)
After hours: 5:48PM EDT
|Bid||368.20 x 1000|
|Ask||368.40 x 900|
|Day's Range||351.56 - 368.15|
|52 Week Range||176.55 - 423.21|
|PE Ratio (TTM)||166.89|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||379.15|
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith and Dion Rabouin to discuss the latest moves.
Walmart, Amazon and Netflix are the Yahoo Finance charts of the day.
Let's check out the Yahoo Finance charts of the day. Walmart (WMT): Shares are up in early trade, at around .18%. BMO Capital rated the retailer's stock "outperform" in new coverage, saying Walmart is uniquely positioned among U.S. retailers for long-term e-commerce profitability. Amazon (AMZN): Shares are up here, at around 1.8%. According to a CNBC report Amazon is planning to release at least eight new Alexa-related products which include a subwoofer, an amplifier and a receiver. The company is expected to show them off at an event this month., Netflix (NFLX): Shares up here, around 2.4%. Netflix tied with HBO in last night's Emmy Awards, with each receiving 23. This marks the first time Netflix has topped the rankings for most Emmy wins after taking third place in 2016 and rising to No. 2 last year. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
Amazon's "The Marvelous Mrs. Maisel" dominated the comedy categories at tonight's Primetime Emmy Awards, winning for outstanding comedy series, supporting actress in a comedy series (Alex Borstein), lead actress in a comedy series (Rachel Brosnahan), writing in a drama series (Amy Sherman-Palladino) and directing in a comedy series (Amy Sherman-Palladino). It's an impressive showing for a freshman show, but long overdue recognition for Sherman-Palladino — who somehow was never nominated for "Gilmore Girls." As of tonight, she's the first woman to win the combination of best comedy writing and directing.
Netflix took home 23 Emmys during Monday's award ceremony, tying HBO's haul this year. Netflix tied with HBO , which had previously been the top network award winner for 16 years. Netflix has been doubling down on its original content budget, spending up to $8 billion on original content in 2018.
U.S. stock benchmarks booked their best daily gains in weeks on Tuesday, shaking off a fresh round of tariffs on Chinese goods, as well as Beijing's early response, as more measured than expected. The Dow Jones Industrial Average closed up about 185 points, or 0.7%, at 26,247, marking its best day since Aug. 27, with the blue-chip benchmark closing within about 1.4% of its Jan. 26 record at 26,616.71. The S&P 500 index closed up 0.5% at 2,904, powered by a 1.3% rise in the consumer-discretionary sector, which itself was boosted by gains in Netflix Inc. and Amaxon.com Inc. , and a climb in the industrials sector, up 0.9%. Meanwhile, the Nasdaq Composite Index advanced 0.8% at 7,956. Both the S&P 500 and the Nasdaq had their best days since Aug. 29. On Tuesday, China's commerce ministry said it "has no choice but to undertake synchronous retaliation" to defend its interests and unveiled plans for tariffs on an additional $60 billion of U.S. goods, following the Trump administration's announcement of $200 billion in tariffs on Chinese imports. Both sets of duties will take effect on Sept. 24. Market participants appeared to take heart in the less-than-stringent retaliation by Beijing and the 10% start of duties from the U.S., which will escalate to 25% by year-end.
Q3 Earnings Preview: See who joins IBD 50 stocks Netflix, Paycom, Match and RealPage on list of companies expecting 50% to 267% growth.
Netflix and Union Pacific were early leaders Tuesday, and Tilray led a pot stock rally as stocks shrugged off the latest round of trade war news.
Stock futures rose modestly Tuesday morning as the U.S. imposed Trump tariffs on $200 billion in Chinese imports. Apple and FANG stocks led Monday's sell-off and generally retreated overnight.
The bulls stayed in control in afternoon trading Tuesday, The Nasdaq was up 1%, undeterred by news of another round of tariffs on Chinese imports.
Video-related stocks helped give the stock market a bullish sheen. Railroad stocks rolled ahead. The Dow Jones transports rose 0.7% despite a strong crude oil rally.
ADB, a unit of Keeley Cos., is building a $15 million headquarters in Pacific to accommodate the growth.
Millions of Americans have switched from traditional cable or satellite TV to streaming video-on-demand services such as Netflix (NFLX). Streaming services have lured consumers with low prices and good programming libraries. Last year, Netflix hiked the rates on a variety of its plans.
Shares of Netflix Inc. and Amazon.com Inc. surged Tuesday, after the companies’ strong showings at the 70th Emmy Awards. Streaming video service Netflix’s original programs scored 23 wins late Monday, which tied Netflix for first with AT&T Inc.
Investors are starting to shift their cash to maintain exposure to some big tech names like Facebook Inc., Google parent Alphabet Inc. and Netflix Inc. before indexers reclassify the stocks. State Street Corp.’s Communication Services Select Sector SPDR Fund, or XLC, took in $135 million last week, the most since the exchange-traded fund was launched in June. State Street designed XLC to reflect this restructuring of the Global Industry Classification Standard, or GICS.
Last year's Emmy Awards ceremony, celebrating the best of television, was seen by 11.4 million U.S. viewers, which itself tied the previous record-low figure, reached in 2016. The Emmy Awards, broadcast live on Monday on NBC, handed their top prizes to cable and streaming shows, with HBO's "Game of Thrones" and Amazon's "The Marvelous Mrs. Maisel" winning the best drama and comedy series statuettes, respectively. Netflix and HBO tied for the most number of awards, at 23 each.
The move brings the Netflix board to 12 members. The company also added Rodolphe Belmer and Susan Rice to the board this year.