Netflix Inc (NASDAQ: NFLX) is the world’s leading streaming entertainment service, allowing subscribers to watch a wide range of movies and TV shows on-demand for a monthly fee. Netflix’s history dates back to 1997 and its phenomenal rise in the years since has led to its inclusion in the infamous FAANG group of tech stocks.
US stock markets continue to struggle with the Dow Jones, S&P 500 and Nasdaq falling overnight as the quarter came to an end.
US stock markets struggled to another negative week with the Nasdaq and S&P 500 both down 0.9% while the Dow Jones dropped 0.5%.
US stock markets closed lower for the fourth straight day, led down by big tech including Netflix (NASDAQ:NFLX) and Amazon (NASDAQ:AMZN).
All three US stock markets finished higher on Thursday, the Dow Jones up 0.4%, S&P 500 up 0.3% and the Nasdaq only slightly at 0.1%.
US stock markets finished at all-time highs despite a soft finish to the week with the Dow Jones and Nasdaq up just 0.04% on Friday.
On the Australian Investors Podcast this week, 7Investing’s Anirban Mahanti and Owen Rask talk Altium Ltd’s (ASX: ALU) botched takeover proposal from Autodesk Inc (NASDAQ: ADSK), Netflix Inc’s (NASDAQ: NFLX) quarterly report, Bezo’s Blue Origin hits space.
All three US benchmarks finished higher on Wednesday with both the Dow Jones and S&P 500 up 0.8% as earnings season kicked up another gear.
US stock markets staged a strong recovery overnight, the Dow Jones up 1.5% and both the S&P 500 and Nasdaq moving 1.6% higher.
The value trade continued at full steam overnight, with the Dow Jones jumping 1.8% on little news. Netflix (NASDAQ:NFLX) is making headlines.
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