Netflix stock surged higher late Tuesday after the Internet TV service reported stronger-than-expected international subscriber growth and better profitability than forecast for the fourth quarter. But while Netflix (NFLX) is growing its subscriber base like gangbusters in international markets, its growth in the U.S. has slowed. Netflix added 5.59 million total new streaming subscribers in Q4, which topped its guidance for 5.15
Big-cap techs about to report earnings are seeing mixed stock action, with the S&P 500 index up fractionally just ahead of the closing bell Tuesday but the Nasdaq composite index in the red. Of these, Netflix (NFLX) and SAP (SAP) were leading gains in afternoon trading, while Verizon (VZ) was also up, and IBM (IBM) seesawed, then dipped more than 1%. Apple (AAPL), which reports next Tuesday and is the biggest stock of all, was down fractionally
Going into a short week of trading, big-cap techs about to report earnings are seeing mixed stock action, with the broader market up 1% in early trading. Of these, Netflix (NFLX) and SAP (SAP) led gains, while Verizon (VZ) was also up, and IBM (IBM) seesawed. Apple (AAPL), which reports next Tuesday and is the biggest stock of all, was up in early trading in the stock market today. Stocks endured a broadly rough time last week, with oil