Netflix reported better-than-expected third-quarter earnings, with revenue reaching $9.83 billion and earnings per share at $5.40. The streaming service added 5.1 million subscribers, surpassing Wall Street estimates. Netflix plans to launch its ad-tier memberships in Canada soon and more broadly in 2025. The company is focusing on revenue growth and other financial metrics going forward,…
The S&P 500 reached a new record high as investors awaited key corporate earnings reports to see if the market could continue its upward trend. The index rose 0.7%, with the Nasdaq Composite and Dow Jones Industrial Average also posting gains. Technology stocks led the way, while some companies like Caterpillar struggled. Bank of America,…
As earnings season kicks off, Jim Cramer from CNBC shared his advice for investors on what to follow next week on Wall Street. He highlighted key reports from major banks, Netflix, and Taiwan Semiconductor. Cramer emphasized the importance of listening to earnings calls and analyzing them before making investment decisions. He also discussed China’s new…