Netflix has attracted 40 million users
Key points: Netflix’s ad-supported plan reached 40 million monthly users worldwide, up eight times from a year earlier. The comp…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
Wall Street closes with a record on CPI data
Key points: All three major Wall Street indexes closed at records, with the S&P 500 and Nasdaq up more than 1%. US CPI data for Ap…
Сrypto traders need to keep an eye on Nvidia
Even though quarterly earnings season is drawing to a close, one of the stock market’s biggest favorites is just getting ready t…
Nasdaq closed at a record high
Key points: The Nasdaq index reached a record high at the close of trading, adding 122.94 points. The market growth was supported by t…
Novavax shares soared: the reasons?
Key points: Novavax will give Sanofi the rights to its COVID-19 vaccine in exchange for a stake in its partner company. Sanofi acquire…
Wall Street surges ahead of inflation data
Key points: All three major US indices rose for the week, with the Dow Jones posting the biggest gains. 77% of S&P 500 companies t…
OpenAI plans to announce a new search engine
Key points: OpenAI could introduce an AI-powered search engine. It could become a direct competitor to Google Search. Google has annou…
Warner Bros reports quarterly loss
Key points: Warner Bros. Discovery posted a better-than-expected quarterly loss. Advertising revenue for the company’s networks …