Tag Archives: shares

Netflix shares soar as video service posts jump in subscribers

Netflix has shaken off growth worries with new subscriber numbers that beat estimates and sent its shares soaring. The video streaming company added 3.2 million international customers in the last three months, far more than the 2 million analysts had predicted. In the US numbers rose by 370,000, as hit shows such as Stranger Things and Narcos won… Read More »

Apple sells more iPhones than expected, shares jump after hours

Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts’ targets, soothing fears that demand for the company’s most important product had hit a wall. Its shares rose 7 percent in after-hours trading. The world’s most valuable publicly traded company said it sold… Read More »

Wall Street opens higher as oil prices boost energy shares

Wall Street opened higher on Tuesday, tracking global equities, as investors’ appetite for risk increased and as oil prices rose, boosting energy shares. Oil was up about 1.5 percent, driven by supply disruptions in Canada and elsewhere that have knocked out 2.5 million barrels of daily production and overshadowed fears of oversupply. World stock markets also rose, helped… Read More »

Shares hit 2016 high, FX hit by Singapore sting LONDON | BY MARC JONES

World stocks rose to their highest level in more than four months on Thursday and the dollar chalked up a third day of gains as markets took a positive view ahead of top policymaker and oil producer meetings. Singapore set the tone for the World Bank and International Monetary Fund spring meetings, to be held this week in… Read More »

Telecom shares gain in a weak market; Bharti Airtel up 2%

Telecom shares continued to trade firm in an otherwise weak market amid reports that Reliance Jio may delay its launch of 4G service while Moody’s report on the Bharti-Videocon deal also boosted sentiment. At 1:10am, the S&P BSE Sensex was down 104 points at 25,226 and the Nifty50 dipped 28 points to 7,687. Meanwhile, foreign institutional investors continued… Read More »