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.
The Koyfin-compiled consensus estimates call for the streaming giant to report earnings per share of $5.68 and revenue of $10.51 billion for the first quarter of the fiscal year 2025.
UBS noted that its proprietary viewership tracker shows a rebound in consumption following a slowdown linked to Netflix’s paid-sharing crackdown and delayed content releases.
U.S. stocks surge after Trump hints at trade progress, easing fears of disruption. S&P 500 up 3%, tech-heavy Nasdaq 100 outperforms. Semiconductors lead sector rally.
Technology and Communication Services stocks are outpacing the broader market on Monday amid a volatile session for U.S. equities related to tariff headlines.
The provision allowed products less than $800 to enter the U.S. without duties and inspection, and was widely used by e-commerce sites like Temu and Shein.
