(CNBC) Nasdaq 100 futures slipped Wednesday evening after Netflix posted its latest quarterly results. Nasdaq 100 futures dipped 0.6%. S&P 500 futures slipped by 0.2%, while Dow futures hovered near the flat line. Shares of Netflix dropped 8% in after-hours action after […]

(CNBC) Net income for the quarter rose 13% to $1.6 billion from $1.4 billion, or $1.72 per share, a year earlier. IBM’s adjusted gross margin of 55.9% was higher than the StreetAccount estimate of 54.7%. Revenue was virtually flat from […]

(CNBC) Tesla reported earnings after the bell, showing a record for quarterly revenue but lower margins thanks to price cuts and incentives. The stock price remained flat after the initial report, but began dropping during the earnings call as CEO […]

(CNBC) Netflix added 5.9 million subscribers in the quarter, a sign that its two primary 2023 initiatives — cracking down on password sharing and launching a cheaper $6.99 per month advertising tier — are bringing in new subscribers. Netflix added […]

(Hedgeweek) Jonas Diedrich and Dave Sutton, former traders at Citadel, have raised $1.85bn for their new London-based hedge fund Ilex Capital Partners, exceeding their initial $1.7bn target, and making the new fund one of the biggest debuts of the year, […]

(CNBC) U.S. stock futures were little changed Tuesday night after the Dow Jones Industrial Average notched its longest winning streak since 2021. Dow Jones Industrial Average futures wavered near the flat line. S&P 500 futures and Nasdaq 100 futures 0.05% […]

(Hedgeweek) Hedge funds are in line to benefit from a unanimous ruling by the Credit Derivatives Determinations Committee that UBS is the sole successor for credit default swaps (CDS) contracts linked to Credit Suisse following the emergency ‘merger’ of the […]

(CNBC) Microsoft shares closed at a record Tuesday after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service. The stock jumped 4%, closing at $359.49. It’s now up about 50% for the year. The prior record […]

(CNBC) Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s what the company reported: Earnings: $1.24 a share vs $1.15 per share Refinitiv estimate Revenue: $13.46 billion vs. expected […]

(Hedgeweek) Digital asset investment products saw $137m of inflows last week, taking total inflows for the last four weeks to $742m, the largest run of inflows since the final quarter of 2021, according to the latest Digital Asset Fund Flows […]

(CNBC) Warren Buffett’s Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video game company edged closer to the finishing line. The Omaha, Nebraska-based conglomerate disclosed a 1.9% stake in Activision with […]

(CNBC) Stock futures were little changed in overnight trading as Wall Street looked ahead to a busy earnings day. Futures tied to the Dow Jones Industrial Average dipped 21 points, or 0.06%, while S&P 500 futures and Nasdaq-100 futures slipped […]