Netflix stock update: profit jumps 44%, but a softer outlook weighs on shares
Netflix beat profit estimates with 87 cents a share, but lowered its ad revenue target and forecast slower growth, sending shares near a 52-week low.
Featured stock updates on companies Upstormed follows: earnings, news and what to watch. For information only, not investment advice.
Netflix beat profit estimates with 87 cents a share, but lowered its ad revenue target and forecast slower growth, sending shares near a 52-week low.
Anthropic, the maker of Claude, plans to list on Nasdaq as ANT this month. Some big investors now want a valuation of $1.5 trillion to $1.6 trillion, below earlier talk of $2 trillion.
Microsoft beat expectations in its fiscal first quarter as its Azure cloud grew 48% to $33.2 billion, and it forecast even faster cloud growth ahead.
Apple grew revenue 12% to a September-quarter record of $114.5 billion and finished fiscal 2026 with record revenue of $479 billion.
Nvidia closed at $206.69 on November 3, snapping a four-day losing streak, two weeks before an earnings report Wall Street expects to show revenue nearly doubling.
SpaceX (SPCX) has swung from $225 to under $105 since its record June IPO and closed November 2 at $136.37, just above its $135 offering price.
J&J grew sales 5.9% in the third quarter and raised its 2026 outlook, but a one-time $5.5 billion talc charge cut reported profit by 96%.