Netflix profit story improves, but stock can’t shake subscriber slowdown
Some analysts are now more upbeat about the free-cash-flow outlook
Some analysts are now more upbeat about the free-cash-flow outlook
Shares of Teradyne Inc. rose nearly 5% in the extended session Tuesday after the semiconductor-equipment manufacturer, recently added to the S&P 500, beat Wall Street expectations for its third quarter.
Critical information for the U.S. trading day
U.S. stocks closed higher Tuesday as investors remained optimistic about the prospects of additional fiscal aid from Washington. The Dow Jones Industrial Average DJIA, +0.40% added about 113 points, 0.4%, to close near 28,308, according to a preliminary reading, while the S&P 500 SPX, +0.47% gained 16 points, 0.5%, closing near 3,443.
Company added 11 million daily active users in Q3, more than double the consensus projection
Shares are on pace for eighth-straight trading day of declines; AT&T reports earnings Thursday
The 33rd anniversary of the “Black Monday” stock-market meltdown is upon us, and if hedge-fund managers are scared of history repeating itself, you certainly wouldn’t know it from the massive overhaul in their positions they’ve undertaken over the past week.
Euronext trading halted for more than two hours due to glitch
Stock falls more than 2% in after-hours trading despite preannouncement of numbers that coincided with news of impending spinoff
Koninklijke Philips NV said Monday that third-quarter net profit rose and exceeded expectations, and that the company is targeting accelerated sales growth and higher profitability in the 2021-2025 period.