(CNBC) Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds […]

(CNBC) Nasdaq futures rose Tuesday evening after the major averages posted a second straight day of gains, and Netflix reported strong earnings after the bell. Futures tied to the Nasdaq 100 added 1.19%. Dow Jones Industrial Average futures gained 165 […]

(CNBC) A top executive at Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, will step down. His resignation comes after a fire at a data center led to a mass outage over the weekend and disrupted services for […]

(Hedgeweek) Hedge fund Light Street Capital Management has joined the growing club of stock-picking hedge funds chalking up big losses, with the fund now down by 50% so far in 2022, according to a report by Bloomberg. To read this […]

(CNBC) Consumers are financially resilient, despite high inflation and concerns the U.S. is nearing a recession, according to Bank of America CEO Brian Moynihan. “Analysts might wonder whether the talk of inflation, recession and other factors could [result] in a […]

(CNBC) Stock futures rose Monday evening after the Nasdaq Composite posted its best daily performance since July. Futures tied to the Dow Jones Industrial average gained 174 points or 0.58%. S&P 500 futures jumped 0.69% and Nasdaq 100 futures climbed […]

(CNBC) Goldman Sachs CEO David Solomon is planning his third major corporate reorganization since assuming control of the bank in late 2018, according to people with knowledge of the plan. The bank’s four main divisions will be combined into three, […]

(Hedgeweek) The Invesco Bond Fund saw a significant increase in short interest during September to 12,000 shares at the end of the month, up by 263.6% from the 15 September total of 3,300 shares, according to a report by MarketBeat. […]

(CNBC) Stock futures edged higher in overnight trading Sunday as investors awaited big earnings reports to roll in. Futures on the Dow Jones Industrial Average gained about 50 points. S&P 500 futures and Nasdaq 100 futures both inched 0.3% higher. […]

(CNBC) Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to drive up the […]

(CNBC) The Federal Reserve is looking into trades that Raphael Bostic, the head of the central bank’s Atlanta district, made during restricted periods. In the wake of disclosures that there were multiple incidents over the past several years in which […]

(Hedgeweek) Citadel, the $51 billion hedge fund founded by billionaire investor Ken Griffin, has hired Vesal Yazdi as a portfolio manager from rival firm Davidson Kempner Capital Manager, according to a report by BusinessInsider. To read this article: