Netflix's blockbuster quarter beats Wall Street forecasts with record revenue, profit, and guidance. However, Goldman Sachs remains cautious on future upside.
Considering the blue-chip Dow face-planted ahead of the open on a disappointing Q1 report from UnitedHealth, which resulted in a -22% tanking by Thursday’s close, this was a pretty flat day.
In this video lesson, I look at the overall market, what I expect the market to do in the intermediate term, my game plan per all my time frames and accounts.
Netflix Co-CEO Greg Peters reassured investors that the company's low-cost $7.99 ad plan remains resilient despite economic uncertainty and market volatility caused by President Trump's tariffs, with no significant changes in consumer behavior.
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of programming across the globe, such as the series Adolescence.
Roku shares are rising in extended trading Thursday following strong advertising trends from Netflix, which reported blowout results for the first quarter after the bell.
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 12.5% year on year to $10.54 billion. The company expects next quarter’s revenue to be around $11.04 billion, slightly above analysts’ estimates. Its GAAP profit of $6.61 per share was 16.8% above analysts’ consensus estimates.
Netflix reported Q1 results, which for the first time didn't include subscriber totals or quarterly gains. Here are the key highlights from the report.
Wall Street saw a rebound in risk appetite on Thursday ahead of the long Easter weekend, as President Donald Trump signaled positive momentum in trade negotiations.
Despite a broad tech correction, Netflix stands out as a rare green beacon, with gains over the past month, year-to-date, and year. Bullish momentum and technical indicators suggest further potential. In contrast, other tech giants like Apple, Microsoft, and Amazon have all seen losses in 2021. Netflix's performance in the market sends a strong message, with the S&P 500 down 10% year-to-date. It seems Netflix has shifted the focus from streaming wars to being a stock market standout.
