Testing the rally: Netflix beats on earnings but lowers guidance
This is exactly the scenario I’ve been worried about. Now let’s see how the market reacts tomorrow. Today, after the market close, Netflix (NFLX) reported second quarter earnings of 85 cents a share that beat the consensus analyst projection of $79 cents....
Earnings season “enthusiasm” has kicked in
The Standard & Poor’s 500 stock index rose 1.07% to the highest level in four weeks, pushing above its 100-day moving average for the first time in a month. The Dow Jones Industrial average closed up 0.87% The gains in the index are in spite of continued...
Netflix modest earnings beat and big positive after-hours reaction good news for earnings season market
Netflix (NFLX) shares were down 1.24% during the day as investors and traders seemed to be positioning themselves for an earnings miss. (Netflix doesn’t have a record of turning in earning surprises–probably because Wall Street is so positive on the stock....
Some old market leaders try to reassert themselves
The market as a whole hasn’t gone much of anywhere this morning. As of 11:30 a.m. New York time the Standard & Poor’s 500 was ahead 0.25%; the Dow Jones Industrial Average was off 0.54%; and the NASDAQ Composite was down 0.15%. But that apparent...
Netflix rally on earnings tells us more about how complacent this market than about Netflix
This market remains determined to rally as we head into earnings season. Look no further than the reaction to earnings from Netflix (NFLX) for evidence. The stock market could have reacted to yesterday’s earnings from Netflix (NFLX) by selling down the shares....
Netflix misses on earnings but more importantly two trends to watch for NFLX, AMZN, FB and others
Netflix missed Wall Street estimates for third quarter earnings today by 3 cents  share. Revenue at $2.98 billion was in-line with analyst estimates of $2.97 billion (and up 30.3% year over year.)  But the big news for investors were in two trends that Netflix...
Kiss net neutrality good-bye in a Trump administration–some winners and losers
Back in 2015 the Federal Communications Commission set out strong rules for what’s called “net neutrality.” The rules prevented Internet service providers like cable company Comcast (CMCSA) and phone company Verizon (VZ) from charging companies that...
Another indicator: Will the market reward Netflix blowout earnings tomorrow?
Netflix reported third quarter earnings of 12 cents a share, beating the Wall Street consensus by 7 cents a share. Revenue climbed 31.7% to meet Wall Street expectations. And the company raised guidance for the fourth quarter of earnings of 13 cents a share versus the...
Netflix misses expectations for this quarter, disappoints on guidance for next quarter
After the close of trading today, July 18, Netflix (NFLX) reported second quarter revenue and subscriber growth below Wall Street projections. In after hours trading Netflix shares fell 16.81%. Tomorrow’s season will show whether the results at Netflix affect...
Online ad spending trends to pick new winners among Facebook, Google and the rest of the sector
Investors start to see second quarter reports on revenue and earnings from Internet search, streaming, and social media companies next week when on Monday, July 18, both Yahoo (YHOO) and Netflix (NFLX) report. Amazon (AMZN) follows on July 21. And then in the...Jim’s Daily Email Alerts:
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