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Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%

The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Fede

Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%

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The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.</p><p style=\"text-align: start;\"><strong>Super Micro Computer (SMCI)</strong> - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of <em>Barron’s</em>, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.</p><p><strong>Tesla (TSLA)</strong> - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.</p><p style=\"text-align: start;\"><strong>Paramount Global (PARA)</strong> - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.</p><p style=\"text-align: start;\"><strong>American Express (AXP)</strong> - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.</p><p style=\"text-align: start;\"><strong>Trump Media &amp; Technology Group (DJT)</strong> - Trump Media &amp; Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.</p><p><strong>Jabil (JBL)</strong> - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.</p><p style=\"text-align: start;\"><strong>SLB (SLB)</strong> - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.</p><p style=\"text-align: start;\"><strong>Procter &amp; Gamble (PG)</strong> - Procter &amp; Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.</p><p style=\"text-align: start;\"><strong>KB Home (KBH)</strong> - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_2165660658\">Nvidia&#39;s Stock Plunge Leads &#34;Magnificent Seven&#34; to a Record Weekly Market-Cap Loss</h3><p>The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.</p><p style=\"text-align: start;\">While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.</p><p>Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-04-20 06:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Nasdaq and the S&amp;P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 211.02 points, or 0.56%, to 37,986.40, the S&amp;P 500 lost 43.89 points, or 0.88%, to 4,967.23 and the Nasdaq Composite lost 319.49 points, or 2.05%, to 15,282.01.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/01975dea2c3b690b833aab0bb99b4b2f\" tg-width=\"396\" tg-height=\"201\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>Netflix (NFLX)</strong> - Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue guidance of about $9.49 billion, below analysts’ forecasts of $9.53 billion.  Netflix also said it planned to stop providing quarterly membership data and average revenue generated per member. The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.</p><p style=\"text-align: start;\"><strong>Super Micro Computer (SMCI)</strong> - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of <em>Barron’s</em>, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.</p><p><strong>Tesla (TSLA)</strong> - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.</p><p style=\"text-align: start;\"><strong>Paramount Global (PARA)</strong> - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.</p><p style=\"text-align: start;\"><strong>American Express (AXP)</strong> - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.</p><p style=\"text-align: start;\"><strong>Trump Media &amp; Technology Group (DJT)</strong> - Trump Media &amp; Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.</p><p><strong>Jabil (JBL)</strong> - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.</p><p style=\"text-align: start;\"><strong>SLB (SLB)</strong> - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.</p><p style=\"text-align: start;\"><strong>Procter &amp; Gamble (PG)</strong> - Procter &amp; Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.</p><p style=\"text-align: start;\"><strong>KB Home (KBH)</strong> - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_2165660658\">Nvidia&#39;s Stock Plunge Leads &#34;Magnificent Seven&#34; to a Record Weekly Market-Cap Loss</h3><p>The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.</p><p style=\"text-align: start;\">While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.</p><p>Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","SLB":"斯伦贝谢",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","PARA":"Paramount Global","AXP":"美国运通","TSLA":"特斯拉","KBH":"KB Home",".SPX":"S&P 500 Index","PG":"宝洁","NVDA":"英伟达","DJT":"特朗普媒体科技集团","SMCI":"超微电脑","JBL":"捷普科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115372271","content_text":"The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment.Market SnapshotThe Dow Jones Industrial Average rose 211.02 points, or 0.56%, to 37,986.40, the S&P 500 lost 43.89 points, or 0.88%, to 4,967.23 and the Nasdaq Composite lost 319.49 points, or 2.05%, to 15,282.01.Market MoversNetflix (NFLX) - Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue guidance of about $9.49 billion, below analysts’ forecasts of $9.53 billion.  Netflix also said it planned to stop providing quarterly membership data and average revenue generated per member. The metric always has been the most closely watched for Netflix investors. The stock dropped 9.1%.Super Micro Computer (SMCI) - Super Micro Computer plunged 23.1% after the artificial-intelligence hardware company appeared to have decided not to pre-announce its earnings for the fiscal third quarter. In seven of the past eight quarters, according to reporter Eric Savitz of Barron’s, Super Micro issued a press release announcing preliminary results ahead of its routine earnings release, generally raising financial guidance.Nvidia (NVDA) - Nvidia’s share price plunged by 10 per cent on Friday, helping to seal the worst run for US stock markets since October 2022, as investors shunned risky assets ahead of a flurry of Big Tech earnings next week.Tesla (TSLA) - Tesla dipped 1.9% after the National Highway Traffic Safety Administration disclosed a recall of 3,878 Cybertruck vehicles to fix a problem with the accelerator pedal. Tesla shares have declined every day this week. The electric-vehicle company is scheduled to report quarterly earnings next Tuesday.Paramount Global (PARA) - Paramount Global jumped 13.4% following a report from the New York Times that said Sony’s movie studio division was in talks with Apollo Global Management about joining a bid for Paramount. The report came after The Wall Street Journal said earlier this month that members of Paramount’s board and Skydance Media had agreed to start exclusive merger discussions.American Express (AXP) - American Express rose 6.2%. The credit card giant reported an increase in first-quarter profit and revenue as overall spending by Amex cardmembers, who tend to be more affluent, rose.Trump Media & Technology Group (DJT) - Trump Media & Technology Group rose 9.6%. Shares of the parent company of the Truth Social platform jumped 26% on Thursday, building on a gain Wednesday of 16%, and wiping out its losses for the week. CEO Devin Nunes, in a letter to the chair of the Nasdaq Stock Exchange dated Thursday, claimed that Trump Media stock could be the target of “naked” short selling, the illegal practice of short selling without actually borrowing the shares.Jabil (JBL) - Jabil, the electronics-manufacturing services company, disclosed in a filing that Chief Executive Kenny Wilson was going on paid leave pending an investigation “related to company policies.” Jabil didn’t specify what prompted the investigation but did say the “conduct that prompted this review does not relate to, and does not impact, the company’s financial statements or financial reporting.” Jabil declined 8.4%.SLB (SLB) - SLB, the world’s largest oil-services company, declined 2.1%. The firm reported first-quarter adjusted earnings of 75 cents a share, matching analysts’ estimates, while revenue of $8.71 billion, up 13% from a year earlier, topped forecasts.Procter & Gamble (PG) - Procter & Gamble reported fiscal third-quarter earnings that beat analysts’ estimates and raised its fiscal-year outlook. The stock, however, was up just 0.5% after revenue of $20.2 billion missed estimates of $20.44 billion.KB Home (KBH) - KB Home was up 1% after the home builder said its board authorized the repurchase of up to $1 billion in stock and boosted its quarterly dividend to 25 cents a share from 20 cents.Market NewsNvidia's Stock Plunge Leads \"Magnificent Seven\" to a Record Weekly Market-Cap LossThe decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.While Tesla Inc.’s stock was the biggest weekly percentage decliner of the gang from a stock perspective, Apple Inc., Microsoft Corp. and Nvidia Corp. were bigger contributors to the market-cap losses, as those latter three companies are all worth substantially more than the electric-car maker.Nvidia was the biggest market-cap loser of the week, shedding almost $300 billion. That’s far more than the total market capitalization of rival Advanced Micro Devices Inc., which stands at $237 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":54,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}