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Tech Surge Drives Wall Street Gains
Tech Surge Drives Wall Street Gains, Led by Netflix and AI Stocks
U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.
Stock market today: Netflix and AI excitement send Wall Street near an all-time high
Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.
Wall Street is flirting with an all-time high thanks to excitement over AI and Netflix
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.
Netflix Shares Soar to Record
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Revenue in the fourth quarter jumped 16% year-over-year, reaching $10.25 billion, higher than the $10.11 billion Wall Street had predicted.
Netflix Shares Hit Record as Subscriber Growth Defies Odds Once Again
Tyson-Paul bout was the most-streamed sporting event ever and drove the most sign-ups for Netflix for any event since Antenna started tracking this data in 2019. Its s
Netflix shares soar on price hikes and record subscriber gains
Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, popular returning series - and singular moments, such as a football halftime performance by Beyonce - helped attract a record number of subscribers over the holiday quarter.
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on MSN
Netflix Explodes Into a New Era
One thing Netflix NFLX 9.69% definitely has learned over its many years in show business is how to go out on a high note.
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on MSN
S&P 500 hits record high with boost from Netflix results, AI investment plan
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered ...
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on MSN
Netflix’s stock surges as huge subscriber beat goes beyond traction with sports
Analysts predicted live sports might power a Netflix subscriber beat. But as the company trounced the expectations, ...
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on MSN
Netflix Stock Soars on Its Best Subscription Quarter in Its History. The Jake Paul-Mike Tyson Fight Helped.
A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming ...
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Morning Bid: 'Giddy' Wall Street hits new highs, BOJ looms into view
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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on MSN
Will Netflix Announce a Stock Split This Week?
Netflix ( NFLX 1.87%) is on the clock. The company behind the world's leading premium video streaming service reports its fourth-quarter results on Tuesday afternoon, the first trading day of the ...
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Netflix Stock Faces Bearish Momentum - Will Q4 Earnings Flip The Script?
Netflix (NFLX) will report Q4 earnings on Tuesday, Wall Street expecting $4.19 EPS and $10.11B in revenues Stock up 33.04% in ...
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on MSN
Evercore thinks Q4 estimates for Netflix are 'reasonable'; SA analysts share thoughts ahead of report
Analysts at Evercore continue to view Wall Street’s fourth quarter estimates for streaming giant Netflix (NASDAQ:NFLX) "as ...
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