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Netflix to hike prices on standard and ad-supported streaming plans
The word "Netflix" shines brightly at the presentation of the new season (3) of the Netflix series "Bridgerton" in the Flora.Rolf Vennenbernd | Picture Alliance | Getty ImagesNetflix is hiking the price of most of its U.S. plans.The…
Wall Street has high hopes for strong earnings in 2025, but plenty of hurdles await
How much post-election optimism does corporate America have? We are about to find out. Here's the good news on earnings: Earnings tailwinds for 2025 Strong earnings growth (14.0%) Profit margins near record highs Broader earnings…
Earnings playbook: Your guide to this week’s biggest reports, including Netflix
It's a short week on Wall Street, but there are major earnings reports on deck that could move the stock market. Netflix, Johnson & Johnson and United Airlines are among the 35 S & P 500 companies slated to post their latest…
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock's assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.Assets managed by the New…
BlackRock delivers earnings beat that proves recent sellers of the stock wrong
BlackRock reported better-than-expected earnings Wednesday, lifting shares of the asset management giant higher as it embarks on a pivotal year of expansion into fast-growing markets. Revenue of $5.68 billion in the three months ended…
Wells Fargo shares surge post-earnings as Wall Street wisely focuses on the big picture
Wells Fargo shares rallied Wednesday after the bank delivered better-than-expected earnings for the fourth quarter. While the reported numbers were solid, an upbeat outlook for 2025 stole the show. Total revenue for the three months…
UnitedHealth’s quarterly revenue misses on weakness in insurance unit
The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020.Mike Blake | ReutersUnitedHealth's fourth-quarter revenue missed Wall Street estimates on weakness in its health…
Here’s what it will take for Apple to get out of its 2025 funk
Apple stock should get better, but not quite yet. The news Evercore ISI added Apple to its tactical outperform list on Friday — one session after the stock had its worst performance since early August on reports showing iPhone softness…
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley on Thursday topped estimates for fourth-quarter earnings and…
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Amber Wang | Afp | Getty ImagesTaiwan Semiconductor…