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.
Wall Street will closely watch the streamer's ad-supported subscriber numbers. Bitcoin hits a new high ahead of Trump's inauguration. TikTok restores U.S. service after going dark.
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on Tuesday. Netflix now projects 2025 revenue between $43.5 billion and $44.5 billion, ahead of the prior $43 billion to $44 billion range.
Tech shares led US stocks higher Wednesday following strong earnings from Netflix and a White House announcement that reignited enthusiasm about artificial intelligence.
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
Wall Street's indexes climbed on Wednesday, with the S&P 500 reaching record highs. Investors celebrated Netflix's subscriber boost and Trump's $500 billion AI investment plan. The technology sector led gains,
Canada's main stock index extended its recent winning streak on Wednesday, led by gains for industrial and technology shares, as upbeat U.S. corporate earnings helped boost investor sentiment globally.
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.
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Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
Netflix stock flirted with the $1,000 mark Wednesday, hitting all-time highs in the wake of the company's stellar earnings report.