Illustration of stock trading graph of Netflix seen on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earningsContinue Reading

Netflix shares jumped after the company said it lost fewer subscribers than anticipated during the second quarter. The streamer also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping Microsoft to be its partner on the ad-supported offering. “We’llContinue Reading

Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and Salesforce . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings , HormelContinue Reading

Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix is set to release its first-quarter earnings after the bell on Tuesday. The company’s shares have taken a big hit so far in 2022, falling more than 40% as it’s struggled to sustain subscriberContinue Reading

Netflix reported fourth-quarter earnings after the bell on Thursday. The streamer beat on both the top and bottom lines, but shares plunged more than 20% in after-hours trading, to the lowest levels since June 2020, on slowing subscriber growth. Here are the key numbers: Earnings per share (EPS): $1.33 vsContinue Reading