Expect Netflix stock to continue to sell off, Risk Reversal's Dan Nathan says.» Read More
Discussing Netflix earnings growth and the company's continued investment in content, with Barton Crockett, FBR Capital Markets senior analyst.
NEW YORK— Stocks are moving higher in early trading as investors assess more corporate earnings. Netflix rose 7 percent after the online video streaming service said its first-quarter earnings soared.
NEW YORK, April 22- U.S. stocks edged up on Tuesday boosted by deals in the healthcare sector and upbeat results, while Facebook and Netflix lifted the Nasdaq.
April 22- Netflix Inc's planned price hikes will allow it to spend more to produce more original content that will help it attract more customers globally, analysts said, as many of them raised their price targets on the stock.
The "Squawk on the Street" news team discusses Netflix's quarterly earnings and competition from Amazon.
Allergan surged after Valeant Pharmaceuticals said it had teamed up with activist investor Bill Ackman to make a bid for the Botox maker. Netflix and Harley-Davidson rose sharply after reporting earnings that beat analyst's expectations.
*Travelers and United Tech profits top expectations. *Netflix Inc surged 7.8 percent to $375.74 in premarket trading a day after results showed strong subscriber growth, a sign that the trading favorite still had room to grow despite concerns over its elevated valuation.
U.S. stock index futures pointed to a lower open on Tuesday, ahead of first-quarter earnings early in the day from three Dow-listed companies.
April 22- Comcast Corp, the largest U.S. cable operator, posted higher first-quarter revenue and net income on Tuesday showing it could add video subscribers for two quarters in a row, a rare sight in the cable industry.
Some of the names on the move ahead of the open.
BTIG media and tech analyst Rich Greenfield, questions why some of the bandwidth burden should or shouldn't fall on Netflix.
*Netflix jumps, results show strong subscriber growth. NEW YORK, April 22- U.S. stock index futures were flat on Tuesday as investors found few reasons to continue buying after a five-day rally in the S&P 500, though Netflix jumped following its earnings results.
Asian equities were mixed on Tuesday as investors were cautious about the prospect of further U.S. sanctions on Russia.
Netflix's Q1 earnings beat the Street's expectations. Will Power, Robert Baird senior research analyst, anticipates growth in the company for years. "The real story is international for Netflix," he says.
Netflix announced it intends to raise its membership price for new subscribers, and Netflix CEO Reed Hastings remarked on the proposed Comcast and Time Warner Cable deal during the webcast, with the "Squawk Box" crew.
HONG KONG— World stocks fluctuated Tuesday as a Wall Street rally powered by positive earnings reports offset investor cautiousness before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.
WASHINGTON— Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.
LOS ANGELES, April 21- Video streaming service Netflix Inc said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
April 21- Video streaming service Netflix on Monday became the most visible company with a business relationship with Comcast to oppose the No. 1 cable operator's $45.3 billion merger with Time Warner Cable.
Netflix to raise prices for new subscribers by $1 or $2 this summer after 1 Q earnings soar Valeant to bid for Botox maker Allergan; activist investor Ackman discloses $4.1 B stake Stocks log longest winning streak in six months at the start of big week for company earnings Measure of US economy's health rises 0.8 percent in March, third consecutive monthly increase. Powdered alcohols no longer have label approvals; government cites' error' Federal Reserve: Third of small businesses in NY, NJ, CT Sandy areas report financial losses More businesses saw higher costs for materials, labor in first quarter, report finds AT&T explores expansion of super-fast Internet to as many as 25 metro areas outside Northeast Apple unveils free recycling of all its devices, vows to increase reliance on renewable energy Girl Power: Hasbro returns to 1st- quarter profit as sales of girls' toys strengthen