Dow Tumbles Over 500 Points; Netflix Shares Tumble After Q2 Results
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 500 points on Friday. Following the market opening Friday, the Dow traded down 0.98% to 52,037.01 while the NASDAQ dipped 1.77% to 25,422.98 The S&P 500 also fell, dropping, 1.15% to 7,447.23. Leading and Lagging Sectors Energy shares jumped by 1.6% on Friday. In trading on Friday, communication services stocks fell by 2.9%. Top Headline Netflix Inc. (NASDAQ: NFLX ) shares dipped more than 10% on Friday after the company reported mixed second-quarter financial results and issued weak guidance for the third quarter. Netflix reported second-quarter revenue of $12.56, up 13% year-over-year. The revenue total missed a Street estimate of $12.59 billion, according to data Pro. Second-quarter earnings of 80 cents per share beat a Street consensus estimate of 79 cents per share. Equities Trading UP Southland Hol...
S. stocks traded lower this morning, with the Dow Jones index falling more than 500 points on Friday. 23. 6% on Friday.
9%. Top Headline Netflix Inc. (NASDAQ: NFLX ) shares dipped more than 10% on Friday after the company reported mixed second-quarter financial results and issued weak guidance for the third quarter. 56, up 13% year-over-year.
59 billion, according to data Pro. Second-quarter earnings of 80 cents per share beat a Street consensus estimate of 79 cents per share. 04 after the company’s joint venture was awarded a contract for the Winnipeg North End Sewage Treatment Plant Upgrade. 40 after the company announced plans to acquire TradeIQ predictive-intelligence software layer from Litial for $6 million.
24 following the announcement that Callan JMB signed a strategic partnership with Alabama State University to build an integrated pharmaceutical manufacturing ecosystem. 12. QumulusAI announced it has been approved as an NVIDIA Cloud Partner within the NVIDIA Partner Network. 84.
5 million gross proceeds. 33. 20. 2055.
Euro zone European shares were lower today. 8%. 25%. S.
2% growth. 367 million. S. 7% gain in May.
S. 2% gain in May. Photo via Shutterstock