Shares of Netflix soared 13% to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter.
Read More Netflix shares hit record as subscriber growth defies odds once again
Tag: Bernstein
Apple Set for Biggest Revenue Jump in Two Years on IPhone Demand in China
Apple is expected to report its biggest quarterly revenue jump in two years, with iPhone demand faring better than recent years toward the end of the company’s annual release cycle
Read More Apple Set for Biggest Revenue Jump in Two Years on IPhone Demand in China
US plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growth
CrowdStrike shares tumble 13% on IT outage impact
Microsoft said about 8.5 million Windows devices, or less than 1% of all Windows machines, were affected.
Read More CrowdStrike shares tumble 13% on IT outage impact
Wall St edges up as Tesla and Apple gain; Fed decision awaited
Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
Read More Wall St edges up as Tesla and Apple gain; Fed decision awaited
Tesla falls on long wait for Cybertruck payoff, hefty price tag
Tesla shares fell about 2% after the highly anticipated launch of its Cybertruck left analysts concerned about the EV’s steep price tag and a longer wait for significant financial payoff.
Read More Tesla falls on long wait for Cybertruck payoff, hefty price tag