Monday, July 18, 2016

New all-time high on Wall Street – Netflix plunged after the stock market – OBI Online

The Dow Jones rose 0.09 per cent new Monday and thus became the new all-time high for 5th straight day.

S & amp; P 500 rose 0.24 percent to 2,166.89 – also the new all-time high – while the Nasdaq ended up 0.52 percent to 5,055.78.

for each share that fell on the NYSE was nearly two stocks rose. On Nasdaq, it was little more than a stock that rose for every stock that fell.

Eight of the ten most traded shares on the NYSE ended up. Bank of America rose 3.3 percent and became today’s most actively traded.

ARM Holdings was today’s winner on Nasdaq, with a rise of 40.55 percent, after Softbank will devour the company for 32 billion dollars.

Tesla, Facebook and Alphabet rose more than 2 percent and all the ten most traded shares rose on the Nasdaq, but that was before Netflix presented quarterly.

Netflix received 1.68 million new subscribers – 160,000 new subscribers in the US and 1.52 million new international – but it was not enough to satisfy investors. Expectations lay according to MarketWatch at 2.46 million – 532,000 in the US and 2.1 million internationally.

With the adjusted 9 cents. share, up from 6 cents last year and expected 3 cents, shattering the company’s expectations, without it helped. It did not help that the company just reached up to expectations on the top line, with 2.11 billion dollars, up from 1.48 billion dollars in the same quarter last year.

Netflix ended up 0.43 percent in regular trading, but plunged still 15.75 percent, to $ 18.25 in after trade. Thus disappeared also $ 5.7 billion of market capitalization, equivalent to NOK 47.8 million.

When things went better with IBM , which rose 3 percent after the trade, and it happened Although the company claimed MarketWatch suffered a decline in revenues for 17th consecutive quarter. Revenue fell 3 percent to 20.24 billion dollars.

Net profit fell from 3.45 billion to $ 2.5 billion from $ 3.5 per. share at $ 2.61 per. share.

Before non-recurring costs, earnings per. share at $ 2.95 against expecting $ 2.89 according to FactSet. The company maintained its guidance, however, on an earnings per share. share this year at $ 13.5.

Yahoo beat expectations with $ 1.3 billion against the expected $ 840 million, while adjusted profit totaled 9 cents against 10 cents expected according to MarketWatch.

the share ended up 0.61 percent in regular trading, but fell equivalent for trade, to $ 37.72.

Exxon Mobil fell 0.3 percent and Chevron fell 0.9 percent on lower oil prices.

Light oil fell 71 cents to $ 45.24 on the commodity exchange in New York, while Brent barrel 66 cents to $ 46.95.

the gold price rose $ 1.2 to $ 1,329.2.

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