Thunderstruck by its massive valuation, one trader tried to short the high-flying stock. You will believe what happened next.» Read More
Tonight’s top stories: NETFLIX delivers earnings inline with expectations but the stock plummet after hours. Facebook files and amended S-1, Texas Instruments CEO says things are on the upswing, Social Security outlook is lowered.
“This was the move the short were waiting for,” says trader Guy Adami. “Netflix sets up nicely for a trade. Expect a short covering rally.”
Stocks trimmed their losses but still ended in the red Monday, with the S&P 500 down almost 4 percent from its 2012 highs, weighed by political and economic worries in the euro zone.
Mark Mahaney, Citigroup managing director of Internet research, says that competition is a significant risk for Netflix. Meanwhile Dennis Gartman, of the Gartman Letter, says the metal selloff is a knee-jerk reaction to disappointing PMI data in China.
Netflix delivered quarterly results Monday that beat Wall Street's expectations, but its shares fell sharply in after-hours trading.
CEO Reed Hastings didn’t shy away from acknowledging its growing number of competitors.
Check out which companies are making headlines after-the-bell Monday:
More airlines are installing equipment that will allow passengers to use Wi-Fi-enabled devices during flights for internet connectivity and new entertainment options, according to a new market research report.
Silver has reached a 13-week low and the FMHR traders discuss the key catalysts. Netflix is also set to announce its Q1 earnings data after today's closing bell, with Michael Pachter, Wedbush Securities analyst.
When Netflix reports quarterly earnings after the bell, investors should focus on U.S. streaming subscriber numbers.
U.S. stock index futures pointed to a sharply lower open Monday following the first round of presidential elections in France and as the Netherlands teetered on the brink of political and economic crisis over concerns about its national debt.
Take a look at some of Tuesday’s morning movers:
It is the police procedural that has network executives scratching their heads this season: The Case of the Disappearing Viewers.
Check out his full “Game Plan” for the days to come.
Happy Friday! More than 180 of the S&P 500 companies are poised to post earnings next week—check out what analysts expect from the reports and how the sectors have performed this week.
CNBC's Julia Boorstin explains the challenges Netflix faces ahead of the company's Q1 earnings next Monday. Michael Corty, Morningstar equity analyst and Ben Rose, Battle Road Research analyst, weigh in.
Call it mattress madness, but the stocks of companies in the sleep-products industry, comprised of manufacturers and specialty retailers of mattresses, are among the biggest gainers this year.
Five years ago, some of the most powerful players in television banded together to introduce Hulu, a streaming service intended to revolutionize the TV industry.
Apple as a non-confirmation? It started in the middle of February: Transports failed to keep advancing with the Industrials. At the time, the failure was blamed on higher fuel prices. That was the first non-confirmation that got bears going.
As Coinstar prepares to blow the doors off of the most recent quarter and the rest of the year, investors’ intuition might lead you to think Netflix’s April 23 earnings report will stink more than the last several.