Breaking News
As we look ahead to Friday’s trading session, here are some of the key stories that could impact the market:
- Netflix: The streaming giant saw its shares jump after strong earnings, but they later dropped by 6.5%. Despite this, Netflix is still up 41% this year.
- Semiconductors: Taiwan Semiconductor saw its shares rise nearly 10%, with Nvidia also hitting a new record.
- Winning Streaks: Wells Fargo is on a 10-day winning streak, while other stocks like Autodesk and Vulcan Materials have seen eight straight days of gains.
- Earnings on Tap: Procter & Gamble and American Express report earnings Friday, offering insights into consumer spending and market trends.
- Acquisition Rumors: Expedia shares jumped on news that Uber might acquire the company, which could shake up the travel industry.
On the downside, China stocks continued to struggle, and healthcare insurer Elevance had its worst day since 2020.