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Youtube channel : Trader Space
netflix Netflix increased subscription prices, but subscriber growth remained strong. Netflix added almost 9 million subscribers in the third quarter, surpassing expectations. Netflix's customer gains represented its strongest quarterly uptick since the second quarter of 2020. Netflix's stock price surged on the news. Netflix posted strong revenue and earnings for the third quarter. Netflix's forecast for fourth-quarter revenue was slightly below expectations. Netflix continued to dominate viewership in the United States.
Adjusted earnings per share: 66 cents vs. 73 cents expected Revenue: $23.35 billion vs. $24.1 billion expected Total operating margin: 7.6% vs. 17.2% a year ago Gross margins excluding credits: 16.1% vs. 18.7% in Q2 -
The latest inflation data came in hotter than expected, which raised concerns that the Fed may need to take action to combat inflation.
YouTube channel : Trader Space
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Wall Street stocks edged higher, with investors hopeful that the Federal Reserve is done with interest rate hikes for now. Chinese stocks also rose, amid expectations of more stimulus measures from the Chinese government. The gains came after dovish comments from two Fed officials, who signaled that the recent surge in bond yields could lead to the tightening in credit conditions the central bank is looking for.
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the stock market Today :
The Dow staged a rebound to close higher Friday, after a surprise slowing of wage growth stoked optimism that the economy can avoid a recession despite higher for longer Federal Reserve interest rates
YouTube channel : Trader Space
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Youtube channel : Trader Space
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In this podcast๐๏ธ we will explain the stock exchange and how it operates, what it is, and who it is.
Youtube channel : Trader Space