$NFLX

Dow JonesNasdaq CompositeS&P 500$CCL$LUV$NFLX$RCL$UAL$WBD

Nasdaq, S&P 500 Hit New Peaks as Iran Reopens Hormuz

The Nasdaq Composite and the S&P 500 notched new peaks on Friday after Iran announced a temporary reopening of the Strait of Hormuz, sending oil prices tumbling.The Nasdaq rose 1.5% to 24,468.5, while the S&P 500 added 1.2% to 7,126.1, notching record-high closing levels for the third straight day. The Nasdaq extended its advance to a 13th consecutive session, its longest winning streak since 1992, according to CNBC.The Dow Jones Industrial Average jumped 1.8% to 49,447.9.Barring energy and utilities, all sectors were in the green, led by consumer discretionary's 2% jump.The Nasdaq and the S&P 500 saw their biggest weekly gains since May last year, rising 6.8% and 4.5%, respectively, this week. The Dow advanced 3.2% this week, the most since June.West Texas Intermediate crude oil sank 11% to $84.68 a barrel in Friday late-afternoon trade, while Brent lost 8.7% to $90.71."In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iranian Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Vessels must move through a "coordinated route" announced by Iran's Ports and Maritime Organization, Araghchi said.On Thursday, US President Donald Trump said Lebanon and Israel agreed to a 10-day ceasefire that seeks to pause hostilities between Israel and Iran-backed Hezbollah in Lebanon. That was a key sticking point in peace negotiations between the US and Iran."Araghchi's statement represents a significant and unexpected diplomatic opening," Artem Abramov, deputy head of analysis at Rystad Energy, said in a note e-mailed to. "The Strait of Hormuz has been the single most consequential variable in global oil markets since the conflict escalated, and any credible signal that the chokepoint may reopen, even temporarily, is a market-moving development of the first order."Trump welcomed the reopening of the strait, though he said the US naval blockade of Iran's ports will continue until "our transaction with Iran is 100% complete.""The news that Iran will allow traffic to resume through the Strait of Hormuz could be an important turning point and the catalyst for upgrades to our economic forecasts, but not immediately," Oxford Economics said in a note. "The development increases the risk that a more lasting deal could be brokered, reducing the likelihood of extreme downside scenarios crystalizing."Shares of cruise line operators and airlines jumped, with Royal Caribbean Cruises (RCL) up 7.3%, the best performer on the S&P 500, followed United Airlines (UAL) and Carnival (CCL). Southwest Airlines (LUV) rose 5.1%.US Treasury yields were lower, with the 10-year rate down seven basis points at 4.25% and the two-year rate dropping 7.4 basis point to 3.71%.In company news, Netflix (NFLX) shares tumbled 9.7%, the third-worst performer on the S&P 500.The streaming giant late Thursday posted first-quarter revenue above Wall Street's estimates. However, the company disappointed investors by maintaining its margin outlook even though its cost base apparently would have benefited from its decision to walk away from a deal to acquire Warner Bros. Discovery (WBD), MoffettNathanson said in a note Friday.Gold was last up 1.3% at $4,871.10 per troy ounce, while silver gained 3.4% to $81.40 per ounce.

Asia Markets104d ago

S&P 500, Nasdaq Composite Scale Peaks as Trump Sets Stage for Iran Deal Over Weekend

US equity indexes jumped, with the S&P 500 and the Nasdaq Composite making all-time highs, and crude oil futures sank on Friday amid mounting expectations of an Iran peace deal over the weekend.The Nasdaq Composite advanced 1.5% to 24,468.48, with the S&P 500 up 1.2% to 7,126.06, and the Dow Jones Industrial Average higher by 1.8% to 49,447.43.West Texas Intermediate crude oil futures plunged 11% to $84.68, and Brent crude futures plummeted 8.8% to $90.69.Bloomberg reported that President Donald Trump said Iran agreed to suspend its nuclear program indefinitely and will not receive any frozen funds from the US. Axios reported Friday that the US could release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium.Trump said in a phone interview on Friday that a deal to end the war is mostly complete, according to the Bloomberg news report. Talks over a lasting agreement will "probably" be held this weekend, the president was cited as saying. The US-Iran ceasefire ends next week, implying an extension to the truce may not be required.Earlier in the day, Iran announced the reopening of the Strait of Hormuz for the remainder of the ceasefire period."In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X. The 10-day truce between Israel and Lebanon came into force on Thursday.Trump also said Friday the US naval blockade will continue until a deal with Iran is "100% complete," CNN reported."The single war variable that has mattered for markets is whether oil continues to flow through the Strait of Hormuz," according to a Stifel Securities research note. "This is why today's announcement that the Strait of Hormuz is 'open to shipping' for the remainder of the ceasefire is significant."Most US Treasury yields dropped, with the 10-year down 6.5 basis points to 4.25% and the two-year slumped 7.8 basis points to 3.7% as falling crude oil prices damped inflation concerns. In precious metals, gold futures advanced 1.3% to $4,868.1 and silver futures jumped 3.2% to $81.24.All sectors except energy and utilities soared intraday. Consumer discretionary, industrials, and technology led the gainers.Airlines and cruise liners were the S&P 500's leaders. Royal Caribbean (RCL), United Airlines (UAL), and Carnival (CCL) led the outperformers, with gains of at least 7% each. Chevron (CVX), down 2.2%, was the Dow's worst performer.In company news, shares of Netflix (NFLX) slid 9.7%, among the worst performers on the S&P 500 and the Nasdaq, after the company released Q2 guidance late Thursday below market consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.

Dow JonesNasdaq CompositeS&P 500$CCL$CVX$NFLX$RCL$UAL

Japan104d ago

US Equity Markets Higher After Iran Officially Confirms Strait of Hormuz is 'Completely Open'

US equity indexes closed higher on Friday, with the S&P 500 and the Nasdaq Composite breaking records, after Iran declared that the Strait of Hormuz is completely open following the Israel-Lebanon ceasefire, resulting in a sharp decline in crude oil prices.* "In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X.* US and Iran are discussing a plan as part of their peace talks that would see the US release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium, Axios reported Friday, citing US officials and additional sources.* May West Texas Intermediate crude oil fell $10.37 to settle at $84.32 per barrel, while June Brent crude, the global benchmark, was last seen down $8.95 at $90.44.* Monolithic Power Systems (MPWR) shares were up about 4.7% after Oppenheimer raised its price target for the stock to $1,500 from $1,300 and kept its outperform rating.* Netflix (NFLX) shares were down roughly 10%, the worst performer on the Nasdaq, after the company released Q2 guidance late Thursday below market consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.

Dow JonesNasdaq CompositeS&P 500$MPWR$NFLX

Sectors104d ago

Sector Update: Consumer Stocks Rise Late Afternoon

Consumer stocks were higher late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 2.4%.In corporate news, Lululemon Athletica's (LULU) billionaire founder Chip Wilson is starting a business focused on small athletic brands, Bloomberg reported. Wilson has hired an operating partner to be part of the new venture, which will include new brands and existing small brands, the report said. Lululemon shares were up 2.7%.Sony (SONY) and Honda's (HMC) 50-50 joint venture has decided to explore other opportunities to make the venture work after canceling plans for their proposed co-developed electric vehicle, Nikkei Asia reported Friday. The two companies are discussing non-EV products and services as alternatives and expect other uses for their EV technologies, the report said. Sony shares rose 1.4%, and Honda climbed 2.8%.Netflix (NFLX) shares dropped more than 9% after it released Q2 guidance late Thursday below market consensus. The streaming company also said that its Chairman and Co-founder Reed Hastings plans to step down when his term ends in June.Autoliv's (ALV) Q1 results exceeded Wall Street's estimates, while the Swedish automotive safety supplier affirmed its full-year outlook on Friday amid an uncertain business environment. Its shares jumped past 7%.

$ALV$HMC$LULU$NFLX$SONY

Netflix Supported by Pricing Increase, Ad Revenue, Stock Buybacks, UBS Says

Netflix (NFLX) is still set up for steady growth from price increases, ad revenue, a strong content lineup, and faster stock buybacks, even after it kept its 2026 outlook unchanged, UBS said in a note Thursday.The company's Q1 came in ahead of its own forecast, helped by stronger member growth, lower churn across regions, and favorable foreign exchange, while the company's decision to keep its 2026 revenue growth outlook at 12% to 14% and margin target at 31.5% may disappoint some investors, it still has solid business momentum, the investment firm said.Pricing remains a key support, with recent increases holding up well and more hikes in major markets likely to support average revenue per member grow throughout the year, UBS said, adding that it also expects advertising to become a bigger driver, saying the lower priced ad tier, new demand partnerships, and better ad fill rates should lift ad sales sharply in 2026.Netflix should keep benefiting from a broad slate through the rest of 2026, including returning shows, new films, more live sports and events, and further expansion in games and mobile video, according to the note.UBS kept its buy rating and $130 price target for Netflix, saying that investor sentiment could improve as Netflix's growth path, money making potential, and strong position in streaming come back into focus.Price: $96.62, Change: $-11.18, Percent Change: -10.37%

New Street Raises Netflix Price Target to $102 From $96

Netflix (NFLX) has an average rating of overweight and mean price target of $113.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $96.82, Change: $-10.98, Percent Change: -10.18%

Dow JonesNasdaq CompositeS&P 500$CCL$LUV$NFLX$RCL$UAL$WBD

Equities Rally Intraday, Oil Plunges After Iran Declares Hormuz Strait Open

US benchmark equity indexes advanced intraday, while oil prices slumped after Iran declared the Strait of Hormuz "completely open" following a ceasefire deal between Lebanon and Israel.The Dow Jones Industrial Average was up 1.9% at 49,507.9 after midday Friday. The Nasdaq Composite jumped 1.4% to 24,447.8, while the S&P 500 rose 1.2% to 7,126.6. The two indexes notched their second consecutive record-high closes in the previous session.Barring energy and utilities, all sectors were in the green intraday Friday, led by consumer discretionary's 2.7% jump.West Texas Intermediate crude oil sank 11% to $84.20 a barrel, while Brent lost 9% to $90.44."In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iranian Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Vessels must move through a "coordinated route" announced by Iran's Ports and Maritime Organization, Araghchi said.On Thursday, US President Donald Trump said Lebanon and Israel agreed to a 10-day ceasefire that seeks to pause hostilities between Israel and Iran-backed Hezbollah in Lebanon. That was a key sticking point in peace negotiations between the US and Iran.Trump welcomed the reopening of the strait, though he said on Truth Social that the US naval blockade of Iran's ports will continue until "our transaction with Iran is 100% complete.""The news that Iran will allow traffic to resume through the Strait of Hormuz could be an important turning point and the catalyst for upgrades to our economic forecasts, but not immediately," Oxford Economics said in a note. "The development increases the risk that a more lasting deal could be brokered, reducing the likelihood of extreme downside scenarios crystalizing."A quarter-long closure of the strait will likely push US inflation higher by 0.6 percentage point this year, researchers at the Federal Reserve Bank of Dallas said in an article Friday.Shares of cruise line operators and airlines surged intraday, with Royal Caribbean Cruises (RCL) up 8.2%, the best performer on the S&P 500, followed by Carnival's (CCL) 7.8% gain. United Airlines (UAL) jumped 7.6%, while Southwest Airlines (LUV) climbed 6.5%, among the top gainers on the index.US Treasury yields were lower intraday, with the 10-year rate down 6.3 basis points at 4.25% and the two-year rate dropping 7.8 basis point to 3.69%.In company news, Netflix (NFLX) shares were down 10% intraday, the second-worst performer on the S&P 500.The streaming giant late Thursday posted first-quarter revenue above Wall Street's estimates. However, the company disappointed investors by maintaining its margin outlook even though its cost base apparently would have benefited from its decision to walk away from a deal to acquire Warner Bros. Discovery (WBD), MoffettNathanson said in a note Friday.Gold was up 1.5% at $4,881.40 per troy ounce, while silver gained 3.8% to $81.71 per ounce.

Sectors104d ago

Sector Update: Consumer Stocks Advance in Afternoon Trading

Consumer stocks were higher Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) climbing 3.3%.In corporate news, Autoliv's (ALV) Q1 results exceeded Wall Street's estimates, while the Swedish automotive safety supplier affirmed its full-year outlook on Friday amid an uncertain business environment. Its shares jumped past 8%.Netflix (NFLX) shares dropped more than 10% after it released Q2 guidance late Thursday below market consensus. The streaming company also said that its Chairman and Co-founder Reed Hastings plans to step down when his term ends in June.Patrick Industries (PATK) is in talks to combine with rival LCI Industries (LCII), Bloomberg reported. Patrick shares climbed 5.3%, and LCI rose 2.5%.

$ALV$LCII$NFLX$PATK

Dow JonesNasdaq CompositeS&P 500$CCL$CVX$NFLX$RCL$UAL

Top Midday Decliners

Enveric Biosciences (ENVB) said late Thursday it has struck deals to sell securities to raise $5 million upfront with up to about $8.9 million of potential proceeds upon the exercise of warrants.Shares sank 23% following an increase in intraday trading volume to over 881,000 from a daily average of about 542,000.Netflix (NFLX) shares slid 9.5% after the company released Q2 guidance late Thursday below market consensus. The streaming company said its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.Shares declined 9.8% as intraday trading volume surged to over 83.6 million from a daily average of about 48.4 million.Badger Meter (BMI) reported a steeper-than-expected drop in Q1 earnings while revenue unexpectedly fell on Friday.Shares slumped 22% as intraday trading volume climbed to more than 1.88 million from a daily average of about 415,000.Price: $1.80, Change: $-0.55, Percent Change: -23.28%

$BMI$ENVB$NFLX

Asia Markets104d ago

S&P 500, Nasdaq Composite Hit Records as Iran Reopens Hormuz Chokepoint for Ceasefire Period

US equity indexes jumped, with the S&P 500 and the Nasdaq Composite making all-time highs, and crude oil futures sank in midday trading on Friday after Iran reopened the Strait of Hormuz for the remainder of the ceasefire period.The Nasdaq Composite advanced 1.6% to 24,505.1, with the S&P 500 up 1.5% to 7,144.2, and the Dow Jones Industrial Average higher by 2.3% to 49,700.3.West Texas Intermediate crude oil futures plunged 12% to $83.41, and Brent crude futures plummeted 10% to $89.06."In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X, formerly Twitter. The 10-day truce between Israel and Lebanon came into force on Thursday.US President Donald Trump said that the US naval blockade will continue until a deal with Iran is "100% complete," CNN reported. He expressed confidence that a deal will come soon, saying talks could happen this weekend. The US-Iran ceasefire ends next week.Meanwhile, the US and Iran are discussing a plan as part of their peace talks that would see the US release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium, Axios reported Friday, citing two US officials and two additional sources briefed on the talks."The single war variable that has mattered for markets is whether oil continues to flow through the Strait of Hormuz," according to a Stifel Securities research note. "This is why today's announcement that the Strait of Hormuz is 'open to shipping' for the remainder of the ceasefire is significant."US Treasury yields sank, with the 10-year down 7.5 basis points to 4.23% and the two-year dropped 8.4 basis points to 3.69% as falling crude oil prices damped inflation concerns. In precious metals, gold futures advanced 1.8% to $4,894.5 and silver futures jumped 4.8% to $82.51.All sectors except energy and utilities soared intraday. Consumer discretionary, industrials, and technology led the gainers.Airlines and cruise liners were the S&P 500's leaders. Royal Caribbean (RCL), United Airlines (UAL), and Carnival (CCL) led the outperformers, with gains of at least 8.6% each. Chevron (CVX), down 3.3%, was the Dow's worst performer.In company news, shares of Netflix (NFLX) slid 9.6%, among the worst performers on the S&P 500 and the Nasdaq, after the company released Q2 guidance late Thursday below market consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.

Netflix Investors Disappointed With Unchanged Margin Outlook, MoffettNathanson Says as Shares Plunge

Netflix (NFLX) disappointed investors by maintaining its margin outlook even though its cost base apparently would have benefited from its decision to walk away from a deal to acquire Warner Bros. Discovery (WBD), MoffettNathanson said in a report on Friday.The streaming giant late Thursday posted first-quarter revenue above Wall Street's estimates. It maintained the full-year revenue guidance at $50.7 billion to $51.7 billion and an operating margin outlook at 31.5%.The FactSet-polled consensus is for $51.33 billion in 2026 sales.Netflix in February abandoned its plan to acquire Warner Bros., handing it over to Paramount Skydance (PSKY). Last quarter, the company pointed to $275 million in M&A expenses this year, which most saw as fully attributable to the then-pending Warner Bros. deal, MoffettNathanson Senior Research Analyst Robert Fishman wrote.However, after incorporating the acquisition of AI filmmaking technology company InterPositive and the pull forward of Warner Bros. deal costs, total M&A expenses remained largely unchanged, Fishman said. Netflix Chief Financial Officer Spencer Neumann made similar remarks on an earnings call Thursday.Netflix acquired InterPositive in March.Some on Wall Street, including UBS Securities, were pricing in an upgrade to the revenue outlook due to earlier-than-expected price increases. But the unchanged margin guidance came as a "bigger surprise" than Netflix reiterating its revenue guidance, Fishman said.The stock plunged nearly 10% in Friday trade.The company announced pricing changes for all its US plans in March, including a new $8.99 monthly subscription for the ad-supported standard tier.MoffettNathanson said Netflix's long-term trajectory remains intact."Sure, the absence of a raise to 2026 guidance likely caught some ahead of their skis on near-term margin expectations; yet, the M&A costs in the 2026 expense base only create an easier comp for next year," Fishman wrote.Price: $97.90, Change: $-9.90, Percent Change: -9.18%

$NFLX$PSKY$WBD

Netflix Eyes Strong H2 Upside Despite Soft Q2 Outlook, Wedbush Says

Netflix (NFLX) could see stronger growth in the second half of 2026, even after a weaker-than-expected first-half performance, Wedbush Securities said in a Friday note.Wedbush said Netflix's revenue and engagement trends remain solid, supported by expanding content, rising advertising momentum, and recent price increases, and expects ad revenue to roughly double to about $3 billion in 2026, with further upside in 2027 and beyond.While the analysts flagged softer Q2 guidance and resistance to price increases in Europe as near-term headwinds, they said improved ad targeting, AI integration, and growing live content partnerships should support long-term growth, according to the report.The firm also highlighted strong cash flow and continued subscriber resilience, especially in ad-supported markets, while remaining optimistic about Netflix's global expansion prospects.Wedbush maintained its outperform rating on the stock with a price target of $118.Shares of Netflix were down more than 9% in Friday trading.Price: $95.57, Change: $-12.22, Percent Change: -11.34%

Research104d ago

Research Alert: CFRA Maintains Buy Opinion On Shares Of Netflix, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our $115 target price based on a forward TEV/EBITDA of 28.5x compared to the three-year historical average at 32.5x and the five-year at 32.1x. Taking into account the strong Q1 2026 earnings beat and the seasonally weaker Q2 2026, we are raising our 2026 EPS estimate by $0.60 to $3.75 and increasing 2027's by $0.20 to $4.00 on projected revenue of $51.2B (no change from prior) and 2027 at $56.2B (prior $57.0B). Share price is anticipated to trade lower with weaker guidance for the seasonally low Q2 2026 results guiding $12.2B in revenue and narrower gross margins, a low for the year. NFLX share price movement comes after a parabolic upward move in the stock in the past weeks. First, the announcement that it was walking away from the WBD takeover battle, and second, an overall equity market rise that favors growth stocks like NFLX, in our opinion. Whether NFLX is a growth stock is the key debate, with organic top line growth in the mid-teens and wider margins driving higher profitability.

Dow JonesNasdaq CompositeS&P 500$AMZN$EXC$FITB$LLY$NFLX$ORCL$TFC

Asia Markets104d ago

Israel-Lebanon Ceasefire, S&P 500's Record Close Drive US Equity Futures Higher Pre-Bell

US equity futures were higher pre-bell Friday as a 10-day ceasefire between Israel and Lebanon went into effect while the S&P 500 and Nasdaq Composite posted new all-time highs on Thursday.Dow Jones Industrial Average futures were 0.6% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.3% higher.The halt of Israel's attacks on Lebanon has been an important condition for the resumption of US-Iran talks, which President Donald Trump said could occur "probably, maybe, next weekend" in remarks made outside the White House on Thursday. Trump also said that a deal with Iran could be finalized ideally before the US-Iran ceasefire ends on Tuesday, but he was willing to extend if necessary.The S&P 500 gained 0.3% to close at 7,041.28, while the Nasdaq advanced 0.4% to end at 24,102.70.Traders took note of results from two major banks, with Truist Financial (TFC) reporting higher Q1 earnings and revenue and Fifth Third Bancorp (FITB) posting lower Q1 earnings amid higher revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 4.2% at $95.17 per barrel and US West Texas Intermediate crude 4.9% lower at $90.08 per barrel.Federal Reserve San Francisco President Mary Daly, Richmond President Thomas Barkin, and Governor Christopher Waller are scheduled to speak on Friday.In other world markets, Japan's Nikkei closed 1.8% lower, Hong Kong's Hang Seng ended 0.9% lower, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was down 0.1%, and Germany's DAX index was 0.5% higher in Europe's early afternoon session.In equities, Netflix (NFLX) stock was down 9.5% after the company issued Q2 guidance late Thursday that fell short of analysts' consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June. Exelon (EXC) shares were 1.6% lower after the company's stock rating was downgraded by Mizuho, Barclays and BMO Capital.On the winning side, Eli Lilly (LLY) stock was up 1.9% after the company said its experimental drug Foundayo met its primary endpoint of a phase 3 clinical trial by showing a lower risk of severe cardiovascular incidents compared with insulin glargine in adults with type 2 diabetes. Oracle (ORCL) shares were up 2.6% after the company said it plans to expand its multi-cloud networking capabilities to provide connectivity between Oracle Cloud Infrastructure and Amazon (AMZN) Web Services.

Dow JonesNasdaq CompositeS&P 500$ALLY$ALV$AMD$FITB$GE$NFLX$RF$STT$TFC

Stocks Rise Pre-Bell as President Trump Signals Optimism on Iran Deal Prospects

The benchmark US stock measures were pointing higher before the open Friday after President Donald Trump reportedly expressed optimism over prospects for a peace deal with Iran.The S&P 500 and the Nasdaq rose 0.2% each in premarket activity, while the Dow Jones Industrial Average added 0.4%. The indexes finished Thursday in the green, with the Nasdaq extending its winning streak to a 12th consecutive session."It's looking very good that we're going to make a deal with Iran, and it's going to be a good deal," Trump told reporters at the White House on Thursday, according to Bloomberg News. Talks between the US and Iran could resume on the weekend, Trump said.Treasury yields were down before the opening bell, with the two-year rate retreating 1.3 basis points to 3.77% and the 10-year rate off 1.4 basis points to 4.3%.On Thursday, Trump announced on social media that Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu agreed to formally begin a 10-day ceasefire. The ceasefire seeks to pause hostilities between Israel and Iran-backed Hezbollah in Lebanon, a key sticking point in peace negotiations between Washington and Tehran.West Texas Intermediate crude oil dropped 4.1% to $90.82 a barrel in premarket action, while Brent fell 4% to $87.54.Shares of Netflix (NFLX) slumped 9.8% pre-bell after the streaming giant's second-quarter outlook fell short of Wall Street's estimates. Advanced Micro Devices (AMD) edged down 0.4% after closing the previous trading session up 7.8%, while GE Aerospace (GE) rebounded 0.4% following a nearly 5% drop on Thursday.Truist Financial (TFC), Fifth Third Bancorp (FITB), State Street (STT), Regions Financial (RF), Ally Financial (ALLY) and Autoliv (ALV) report their latest financial results before the bell.Federal Reserve Bank of San Francisco President Mary Daly is scheduled to speak at 11:30 am ET, while Richmond Fed President Thomas Barkin speaks at 12:15 pm. Federal Reserve Governor Christopher Waller is slated to speak at 2 pm.Friday's thin economic calendar has the weekly Baker Hughes oil-and-gas rig count at 1 pm.Gold nudged 0.1% higher to $4,814 per troy ounce, while bitcoin slipped 0.1% to $75,132.

Equities104d ago

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Friday; Netflix to Fall, Microsoft to Gain

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Friday's opening bell.Netflix (NFLX) fell more than 10% pre-bell after gaining 0.1% in the previous session.AMD (AMD) was down by 0.3% pre-bell, after a 7.8% gain at Thursday's close.Microsoft (MSFT) was 1.1% higher premarket, after a 2.2% increase from the previous session.Nvidia (NVDA) gained 0.2% premarket, following a 0.3% decrease from Thursday's session.DTE Energy (DTE) was flat in pre-bell hours, after a 0.2% gain from the previous session.Taiwan Semiconductor Manufacturing (TSM) was 1% higher premarket, following a 3.1% decline from Thursday's session.Allbirds (BIRD) fell by 3.9% hours before market open, continuing from a more than 35% fall at Thursday's close.Rocket Lab (RKLB) was up 0.3% in pre-bell activity, after closing Thursday with a 12.7% increase

$AMD$BIRD$DTE$MSFT$NFLX$NVDA$RKLB$TSM

Research105d ago

Research Alert: Netflix Posts Strong Q1 Results, Some Easing In Q2 Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:NFLX delivered strong Q1 2026 results with revenue of $12.25B (+16% Y/Y, +14% FX-neutral) and operating income of $3.96B (+18% Y/Y), driving operating margin expansion to 32.3% vs. 31.7% in the prior year. Diluted EPS of $1.23 significantly exceeded consensus of $0.77, benefiting from operational performance and a $2.8B termination fee from the abandoned Warner Bros. Discovery (WBD) acquisition. We believe walking away from the WBD deal removes significant execution risk and allows NFLX to focus on organic growth initiatives across content, technology, and monetization. Management guided for 2026 revenue of $50.7B-$51.7B (12%-14% Y/Y growth) with operating margins of 31.5% vs. 29.5% in 2025. Regional performance remained strong with UCAN growing 14%, EMEA 17%, LATAM 19%, and APAC 20%. We think NFLX has pricing power and advertising revenue should accelerate in 2026 after deployment of the Netflix Ads Suite across all 12 markets. We believe NFLX is extending its global competitive advantage in video streaming.