Netflix shares fell more than 10% despite a strong line-up of shows that includes the final season of “Stranger Things”.
Read More Netflix’s blockbuster run loses spark amid valuation jitters
Tag: LSEG
Tesla set for strong quarter fueled by rush to get expiring US EV tax credits
Tesla is expected to post a surge in third-quarter results thanks to U.S. buyers rushing to take advantage of an expiring $7,500 federal electric vehicle tax credit.
Read More Tesla set for strong quarter fueled by rush to get expiring US EV tax credits
AMD signs AI chip-supply deal with OpenAI, shares surge over 34%
AMD will supply AI chips to OpenAI in a multi-year deal that would give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.
Read More AMD signs AI chip-supply deal with OpenAI, shares surge over 34%
Nike marketing plans in focus ahead of crucial year for sports events
Investors will zoom in on Nike’s marketing plans for the coming year when it reports results on Tuesday, after several sluggish quarters in which rivals have stolen market share.
Read More Nike marketing plans in focus ahead of crucial year for sports events
Cracker Barrel shares slump as logo change blowback dents restaurant traffic
Cracker Barrel shares fell nearly 10% before the bell on Thursday, after the restaurant chain’s short-lived decision to change its logo hit customer traffic and prompted it to scrap store remodel plans.
Read More Cracker Barrel shares slump as logo change blowback dents restaurant traffic
S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps