Roku Inc (NASDAQ:ROKU) shares are trading higher Wednesday following Netflix Inc's (NASDAQ:NFLX) quarterly results. Roku is well positioned to benefit from strong advertising trends from Netflix.
Intuitive Surgical said fourth-quarter revenue increased 17% year-over-year to $1.93 billion, which beat the consensus estimate of $1.87 billion, according to Benzinga Pro. The company reported quarterly earnings of $1.60 per share, which beat estimates of $1.48 per share.
Netflix said fourth-quarter revenue increased 12.5% year-over-year to $8.83 billion, which came in ahead of the consensus estimate of $8.72 billion, according to Benzinga Pro. The streaming giant reported fourth-quarter earnings off $2.11 per share, which missed estimates of $2.21 per share.
The long-awaited Apple car is likely still several years away, but new reports suggest the company has made changes that make the EV project more attainable.
Digital World Acquisition Corp shares are pulling back Tuesday following a nearly 200% increase over the last six trading sessions. Here's a look at what's going on.
Several Chinese stocks appear to be getting a lift on Tuesday following new reports suggesting China is considering introducing a 2 trillion yuan ($278 billion) stock market rescue package.