• Netflix's Stock Extends Rally on Bullish Analyst Reports Ahead of Its Earnings

    11 days ago - By Fortune

    Netflix's stock rallied as much as 5% Friday following a pair of bullish reports from Wall Street analysts who are expecting the streaming-video giant to post strong earnings results next week.
    Late Thursday, UBS analyst Eric Sheridan said in a research note that he expected Netflix to again surpass Wall Street's consensus of subscriber growth in the fourth quarter of 2018. In the third quarter, Netflix added 7 million subscribers, well above analyst forecasts, for a total of 137 million subscribers. Sheridan raised his price target on the stock to $410 a share from $400 a share.
    On Friday...
    Read more ...

     

  • U.S. stocks pause after five-day rally; dollar rebounds

    11 days ago - By Reuters

    Wall Street ended little changed on Friday, taking a breather following a five-day winning streak, while the dollar rebounded against most currencies from earlier losses tied to expectations the U.S. central bank is in no hurry to raise interest rates.
    Read more ...

     

  • Wall Street ends flat

    11 days ago - By Reuters

    Wall Street ended little changed on Friday as energy shares dropped and investors looked ahead to earnings season, which kicks off next week. Fred Katayama reports.
    Read more ...

     

  • Wall Street's five-day rally flickers out as earnings near

    11 days ago - By Reuters

    Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks.
    Read more ...