12/2/2023 0 Comments Dow jones closing numbers today![]() ![]() Revenue of $24.9 billion also came in above estimates. The electric vehicle (EV) maker reported higher-than-expected earnings of 91 cents per share. Tesla stock also declined following its Q2 results, ending the day down 9.7%. Specifically, NFLX reported revenue of $8.2 billion, below both the company forecast and analysts' estimates. While there were lots of positives in the report – a gain of 5.9 million new subscribers thanks to its password-sharing crackdown, an upwardly revised free cash flow forecast due to the dual strikes currently underway by Hollywood actors and writers, and a big profit beat – the company fell short on the top line. On the flip side, Netflix stock fell 8.4% after its quarterly results. ![]() The company also lifted its full-year forecast. The pop came after JNJ beat on its top and bottom lines, reporting second-quarter revenue of $25.5 billion and earnings of $2.80 per share. Taking a closer look at the numbers, pharmaceutical giant Johnson & Johnson was easily the best Dow stock today, surging 6.1%. While the Dow Jones Industrial Average extended its longest win streak in years thanks to strong results from Johnson & Johnson ( JNJ), disappointing reports from Netflix ( NFLX) and Tesla ( TSLA) sent the Nasdaq Composite tumbling. Stocks closed mixed Thursday as investors combed over the latest round of corporate earnings reports. While the Nasdaq slumped today, the Dow extended its longest win streak in years on solid Johnson & Johnson earnings. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |