Tag Archives: nflx

Netflix, IBM Beat And Sink As More Tech Earnings Loom

Wednesday’s tough trading environment rocked Netflix (NFLX) and IBM (IBM) stocks the morning after the companies’ fourth-quarter reports beat earnings estimates. Over the next seven days, other big-cap techs Verizon (VZ), SAP (SAP) and Apple (AAPL) are also set to give quarterly reports. The S&P 500 and Nasdaq pared steep, early losses Wednesday, following a rough trading day on Asian and European stock markets. Crude oil fell below $27 a barrel,

Facebook, Netflix Plunge Below Critical Support Level

Facebook (FB) and Netflix (NFLX) dropped below key levels intraday in the stock market today as the sell-off intensified. Facebook is due to report its fourth-quarter results next Wednesday. Analysts expect the social media giant’s earnings to jump 26%, a slowdown from the third quarter’s 33% gain. The stock dropped in quick turnover on Wednesday, breaching the key 200-day line for the first time since the flash-crash in August. But as the market

5 key takeaways from Netflix’s Q4 earnings report

Netflix (NFLX) impressed Wall Street with its international growth in the fourth quarter, but its U.S. streaming subscriber gains came up short. Netflix stock rose 8% in after-hours trading following its Q4 earnings release late Tuesday. But in early afternoon trading on the stock market today, shares were down 7%, near 100,, amid an overall market sell-off. In Q4, Netflix earned 7 cents a share on sales of $1.823 billion. Analysts polled by