Netflix's first-quarter earnings exceeded expectations with a revenue of $9.4 billion.
After rallying 234% from a May 2022 low of $164, Netflix's stock has shown significant volatility, with investors closely monitoring the $500 support level.
Edible Garden AG shares are trading higher Monday after the company announced it regained compliance with the Nasdaq minimum bid price requirement. The stock stock ran more than 100% last week after the company reported a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year.
Last Friday, The Procter & Gamble Company (NYSE: PG) reported its fiscal third quarter financials, reflecting its ongoing struggle to bring back shoppers after scaring them off during two years of price hikes.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $65,000 level on Monday.
Ethereum (CRYPTO: ETH) also recorded gains, approaching the key $3,200 mark this morning.
Gary Black suggests Tesla's configurator price cuts won't benefit the company, as rivals are likely to match them, following Tesla's global EV price reductions.