Netflix Earnings Forecast: Will Q1 "Horror" be staged again?
On July 9th, it was reported that the new users were the horror data of Netflix$Netflix, Inc.(NFLX)$ . In Q1, because the growth of new users was less than expected, the market completely ignored the expectation of financial report, and the stock price was directly lowered to 10 points after the financial report was released, which made the stock price of Netflix Q2 keep rising, but it still did not return to $549.57 on the eve of the first quarterly report. After the US stock market closed on July 20th, Netflix will release its Q2 financial report in 2021. Will the "horror" scene be staged again? What are the key points worth paying attention to? Review of First Quarter Performance Netflix's profit and revenue in the first quarter of this year were
Video game retailer Gamestop(GME) was set to gain for the fifth consecutive session, up 22% to $237, building on Monday’s 41.2% gain after the company said it had tapped shareholder Ryan Cohen to lead a shift towards e-commerce.
(March 5) U.S. stock indexes firmed on Friday after a three-day pullback for the S&P 500 and the Nasdaq, as investors looked to data that is likely to show accelerated jobs growth in February. The crucial nonfarm payrolls report is expected to show the U.S. economy benefited from falling new ** cases, quickening vaccination rates and additional pandemic relief money from the government.However, the report will also be a reminder that the recovery in the labor market is excruciatingly slow. At 07:30a.m. EST, Dow E-minis were up 28 points, or 0.09%, S&P 500 E-minis were up 2.50 points, or 0.07% and Nasdaq 100 E-minis were down 18.75 points, or 0.15%. *Source FromTiger Trade, EST 07:30 U.S. Market Yesterday Federal Reserve Chair Jerome Powell on
(March 4) Dow Jones futures fell modestly Thursday morning, along with S&P 500 futures and Nasdaq futures, but are paring losses. The Dow Jones sank modestly Wednesday while the Nasdaq tumbled to fresh lows, but the stock market rally isn't "all dead" yet. Futures for the Dow Jones Industrial Average fell 53 points to 31,183.00 while the Standard & Poor’s 500 index futures down 11.50 points at 3,805.25. Futures for the Nasdaq 100 index retreated 41.5 points to 12640.25. *Source From Tiger Trade, EST 08:46 Latest News 1) Okta(OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared
“Robinhood of China”: 8 Things for TIGR Stock Investors to Know as Tiger Brokers Roars Today
Up Fintech(NASDAQ:TIGR) stock is on the rise Tuesday as more investors take interest in the holding company behind the “Robinhood of China.” Tiger Brokers is a stock trading service that operates in China under Up Fintech. Recent news today ofKerrisdale Capital going longon it have investors keeping a closer eye on the company. This has resulted in increased trading of TIGR stock today. As of this writing, more than 9 million shares of the stock have changed hands. To put that in perspective, the stock’s daily average trading volume is about 4.5 million shares. Keeping all of this in mind, let’s take a closer look at TIGR stock and what all the hubbub is about Tiger Brokers. Tiger Brokers is comparable to Robinhood in that both companies offer trading services with easy entry. The differen
(March 1) U.S. stock futures traded higher in early pre-market trade after the House of Representatives voted early Saturday morning to approve President Joe Biden's $1.9 trillion Coronavirus relief package. Dow Jones Industrial Average futures were up more than 200 points,or 0.91%, while S&P 500 futures gained nearly 1%, Nasdaq-100 futures gained more than 1%. Meanwhile, the 10-year Treasury note yield dipped to 1.386% early in Sunday trading, then slowly regained ground, last at 1.412%. Bond prices move inversely to yields. *Source From TIGER BROKER, EST 07:46 The House passed the $1.9 trillion Biden stimulus plan Saturday, including $1,400 stimulus checks for many Americans. It also has a $15 minimum wage that can't be included under Senate rules f
Shares of Ocugen Inc. soared 41.0%, after the biopharmaceutical company said its co-development partner Bharat Biotech released an interim analysis of its Phase 3 trial of its ** vaccine candidate, COVAXIN, which demonstrated efficacy of 81%. Bharat's Phase 3 trial in India enrolled 25,800 participants aged 18 to 91, and the first interim analysis is based on 43 cases. A review of the safety database showed severe, serious and medically attended adverse events occurred at low levels and balanced between vaccine and placebo groups. "These results, which in part suggest significant immunogenicity against the rapidly emerging UK variant, represent an additional step towards outlining the regulatory pathway for EUA and approval in the United States," said Ocugen Chief Executive Shankar Musunur
(March 2) U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 600 points in the previous session. Futures for the Dow Jones Industrial Average fell 14 points to 31,495.00 while the Standard & Poor’s 500 index futures fell 4.75 points at 3894.00. Futures for the Nasdaq 100 index fell 20.50 points to 13,259.25. *Source From Tiger Trade, EST 07:44 U.S. Market Yesterday: U.S. equities began March on a strong note on Monday with the S&P 500 up 2.09%, the Dow Jones Industrial Average adding 2.17% and the tech-heavy Nasdaq Composite jumping just over 2%. *Source From Tiger Trade There are some key events to watch this week: U.S. Federal Reserve Beige Book is due Wednesday. OPEC+ meeting on output Thursday.U.S. factory orders, initial jobless cla
Why UP Fintech Holding Stock Nearly Doubled in January
What happened? Shares ofUP Fintech Holding Limited(NASDAQ:TIGR), otherwise known as Tiger Brokers, surged 98.7% higher in January, according to data provided byS&P Global Market Intelligence. Surprisingly, there's very little news that would seem to account for these stellar gains. But perhaps it can be simply explained by an increasing awareness of the company among investors. So what According to Yahoo Finance, only 4% of UP Fintech Holding stock is owned by institutional investors. That likely means this is a company flying completely under the radar. However, once investors do finally hear about UP Fintech Holding, it's a story that's easy to latch on to and get excited about. The company is being called the "Robinhood of China," its revenue is growing at a triple-digit pace, and i
(March 3) RKT fell more than 16% in early trading. The stock had soared a one-day record 71.2% on Tuesday on record volume of 376.6 million shares, and ran up 109.0% amid a three-day win streak, after the real estate services company reported better-than-expected fourth-quarter results and announced a special dividend of $1.11 a share. The company is presenting later Wednesday at the Morgan Stanley Technology, Media and Telecom Conference. S3 Partners said Tuesday that the stock's recent rally and short-selling activity, in which short interest increased during the rally, was "reminiscent of another recent highflying 'meme' stock -- GameStop Inc." . Rocket's stock has advanced 104.8% over the past three months through Tuesday, while the S&P 500 has gained 5.6%.
Singapore Airlines Stock Corrects After 5 Consecutive Days of Gains
Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The stock has surged 10% in the past 5 days.Strong demand and a continued recovery in the global aviation industry led Singapore Airlines’ (SIA) net profit to soar to S$1.2 billion for the second half ended March, reversing a loss of S$125.2 million in the corresponding year-ago period.The group’s H2 earnings were up 32.7 per cent, or S$303 million higher, compared with the first half ended September 2022.The stronger second-half bottom-line results helped the group post its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, versus a net loss of S$962 million in FY2021/22, the company said in a bourse filing on Tuesday (May 16). SIA’s board has recommended a f
(March 3) U.S. stock index futures rose on Wednesday as a swift global roll out of vaccines and a new round of stimulus bolstered bets on a quick economic rebound, with investors also focusing on private employment and service sector reports. Futures for the Dow Jones Industrial Average climbed 213 points to 31,571.00 while the Standard & Poor’s 500 index futures rose 22.50 points at 3,890.00. Futures for the Nasdaq 100 index rose 73 points to 13,128.25. *Source From Tiger Trade, EST 07:33 Senate lawmakers are expected to begin debate Wednesday on President Biden’s $1.9 trillion dollar relief package, but the price tag has been a sticking point for many Senate Republicans and even some moderate Democrats. U.S. Market Yesterday Wall Street ended lower on Tuesday.The S&P 500 tec
Dear client, due to unforeseen circumstances, we are experiencing order execution problems with our counterparty currently. We are working to have the issue resolved as quickly as possible. We apologize for any inconvenience caused in the meantime.