Despite Netflix's mixed quarter, many analysts raise price targets and remain bullish on international growth.
Job cuts at Tesla are not quite the bad news as first seemed, analysts at Jefferies and Oppenheimer say.
Just days after raising prices, Netflix reports earnings after the bell and Wall Street is raising its expectations into the release.
Analysts agreed Goldman Sachs had a big quarter due to strong investment banking revenue and little fallout from the 1MDB scandal.
According to AB Bernstein, "crowded" stocks tend to react very negatively to bad results. As widely traded stocks are usually priced for perfection, they are more vulnerable to surprises.
Netflix raised prices 13 to 18 percent for the company's 58 million subscribers, and major analysts love the move.
Stocks rose on Tuesday as Netflix led a rally in tech-related names after news that it would hike its monthly membership prices.
The shares rose on Monday after Citigroup reported earnings that were better than feared, but some key analysts believe J.P. Morgan could fall short on Tuesday.
Shares of chipmaker Western Digital fell after an analyst at Evercore ISI said the market has not fully price the competitive hurdles the company faces.
Goldman Sachs says 2019 earnings growth could be as low as just 3 percent because of slow economic growth, a strong dollar and low oil prices.