Friday, October 18, 2024
Home5 Stocks Captivating Investors: Netflix, TSMC, AMEX, Moderna, Tesl

5 Stocks Captivating Investors: Netflix, TSMC, AMEX, Moderna, Tesl

U.S. markets ended Thursday with mixed performance: the Dow Jones Industrial Average climbed 0.4% to 43,239.05, the S&P 500 held steady at 5,841.47, and the Nasdaq inched up by 0.04% to close at 18,373.61. These are the top stocks that gained the attention of retail traders and investors throughout the day:Netflix Inc. (NASDAQ:NFLX)Netflix shares fell by 2.04% to close at $687.65. The streaming giant reported third-quarter revenue of $9.825 billion, a 15% increase year-over-year, beating the Street consensus estimate. The streamer added 5.07 million paid subscribers, bringing its total to 282.72 million. Earnings per share also exceeded estimates, while ad-supported plans represented over 50% of new sign-ups. The company is projecting further revenue growth and strong content releases in the fourth quarter.Taiwan Semiconductor Manufacturing Company ...Full story available on Benzinga.com

U.S. markets had mixed results on Thursday: the Dow rose by 0.4% to 43,239.05, the S&P 500 remained at 5,841.47, and the Nasdaq increased slightly by 0.04% to 18,373.61.

Top Stock Highlights:

Netflix Inc. NFLX

Netflix shares dropped 2.04% to $687.65. They reported a 15% increase in Q3 revenue to $9.825 billion and added 5.07 million subscribers, totaling 282.72 million.

Taiwan Semiconductor Manufacturing Company TSM

TSMC shares surged 9.79% to $205.84. Their Q3 revenue reached $23.50 billion, up 39% YoY due to strong demand for AI tech.

American Express Co. AXP

American Express rose 1.46% to $285.78. They will report Q3 earnings on Oct. 18, with Wall Street expecting $3.80 EPS and $16.67 billion in revenue. The stock has gained 84.29% over the past year.

Moderna Inc. MRNA

Moderna shares fell 4.59% to $54.82. They face a lawsuit from Northwestern University for allegedly using their technology without permission in vaccine development.

Tesla Inc. TSLA

Tesla shares slipped 0.20% to $220.89. The company has made several executive promotions recently, including a new VP for sales and manufacturing.

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This article was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

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