Top 10 News for 4/13 - 4/17: China Regulation, Greek Debt Rattle Markets; Netflix Rockets on Results; M&A News, Rumors Abound - InvestingChannel

November 30, 2024

Top 10 News for 4/13 – 4/17: China Regulation, Greek Debt Rattle Markets; Netflix Rockets on Results; M&A News, Rumors Abound

by Street Insider0141

1. Netflix (Nasdaq: NFLX) ran higher this week following Q1 results. The company posted Q1 EPS of $0.38 on revenue of $1.57 billion, versus the analyst EPS estimate of $0.69 and revenue of $1.57 billion. Notably, Netflix reported record net subscriber additions of 4.9 million for the quarter, which compared with its forecast of 4.1 million. For more on the results, click here.

2. Following long-time speculation, Nokia (NYSE: NOK) and Alcatel-Lucent (NYSE: ALU) announced earlier this week that they have entered into a memorandum of understanding under which Nokia will make