Netflix hits new record after stock split surge
Netflix, based in Los Gatos, California, closed at 115.81 after an 18 percent rise following a 7-for-1 stock split amid a strong Q2 earnings report. The firm added over 3.2 million subscribers as analysts at Stifel Research and S&P Capital raised price targets to 128. The earlier high close of 707.90 occurred the day before the split.
MENTIONED IN THIS ARTICLE
Netflix
Los Gatos
Calif
S&p Capital
Amazon confirms Prime Day return after success
Amazon states Prime Day was a success and will return next year. Orders rose 18 percent versus Black Friday 2014, with 34.4 million items ordered, averaging 398 items per second. Prime VP Greg Greeley announced they will definitely do this again.
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Amazon
Amazon Prime
Greg Greeley
Google tops expectations after hours surge to 580.04
Google shares rose about 7 percent to 580.04 in after hours trading after releasing its second quarter results. The company reported earnings of 6.99 dollars per share, ahead of the 6.70 expected by analysts, signaling stronger than anticipated performance.
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Google
Wall Street
ECB boosts Greek banks with 900 million euro loan boost
European Central Bank President Mario Draghi announced a 900 million euro increase in emergency lending to Greek banks ahead of a potential reopening. The move follows Greece's parliament approving new austerity steps and ministers in Brussels signaling a 7 billion euro bridge loan to keep Greece solvent until a full bailout is approved. Draghi stressed that liquidity has been provided and repayments to the IMF and creditors are expected. He dodged questions about Greece's EU status, saying that decision is not for the ECB to make.
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Europe
European Central Bank
Mario Draghi
Frankfurt
Greece
Brussels
European Union
Draghi
Bank of Greece
ECB
International Monetary Fund
IMF
Placing bets on space stocks amid Pluto hype
Investors eye space exploration via publicly traded names tied to aerospace and propulsion. Kratos Defense and Orbital ATK lead gains with double digit yearly rises, while analysts flag upside potential and risks in space related equities despite SpaceX remaining private.
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Pluto
NASA
Spacex
Elon Musk
Aerojet Rocketdyne
Orbital Atk
Boeing
Wall Street
Standard & Poor
Air
U.S
Kratos Defense & Security
Exploration Systems
VTD
Kratos Defense
KTOS
B/E Aerospace
Orbital Atk OA
Ind. Tech. Ait
Barnes B
AAR Air
Rockwell Collins Col
Ford offers deep discounts on F-150 as sales cools
Ford cuts prices on the F-150 by up to 10 479 dollars aimed at larger deluxe trims. Discounts vary by region with Washington DC and California seeing sizable incentives while Silverado gains, and analysts question whether the move signals broader nationwide discounting. Ford officials frame the cuts as bundled incentives rather than a lump sum and note incentives are ongoing with high equipped-truck pricing near 44 100 dollars.
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Ford
Washington, D.C
California
Akshay Anand
Kelley Blue Book
Mike Levine
Ford Credit
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