Problems with the U.S. Postal Service have raised concerns about the November election, but they have already caused headaches for some of the 2 million Netflix customers who still receive DVDs by mail, as well as Amazon.com’s completion network . Netflix NFLX, -1.49% , which still rents DVDs in its …
Read More »Netflix Inc. stock performs as a brand on strong trading day
Shares of Netflix Inc. NFLX, + 0.28% inch 0.28% higher to $ 482.68 Friday, on what proved to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 0.12% increasing 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to …
Read More »A story of two $ 2 billion Chinese IPOs leading in very different directions
KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
Read More »Baidu stock slides because iQIYI video unit reveals SEC investigation
For the quarter, Baidu (ticker: BIDU) reported revenue of $ 3.69 billion, down about 1% from a year ago, and in line with the consensus of Wall Street analysts at $ 3.7 billion. Non-GAAP earnings were $ 2.08 per share, good for the Street Consensus at $ 1.38. Baidu said …
Read More »Netflix Inc. stock gains Wednesday, better than the market
Stock market ETFs rise as Joe Biden picks Kamala Harris as running mate in White House race Movements in stock exchange-traded funds were suppressed after presumptive Democratic presidential nominee Joseph Biden announced Tuesday night that he had selected California senior Kamala Harris as his running mate in the 2020 election. …
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