Wall Street, New York Stock Exchange
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Netflix stock has outperformed the S&P 500 so far this year, even though YouTube has moved ahead of it in U.S. streaming market share.
Wall Street stocks slid on Thursday (Nov 20) in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and US jobs data muddied the labour market outlook.
Though four high-profile companies have announced and completed a split in 2025, Wall Street's biggest stock split of the year officially arrives today, Nov. 17.
Media conglomerate News Corp beat Wall Street estimates for first-quarter revenue on Thursday, bolstered by growth at its Dow Jones and digital real estate services segments.
The U.S. stock market swung through another unsettled day of trading, ahead of a couple of crucial tests for Wall Street.
Not only did Nvidia provide another blockbuster profit report that suggested AI superstar stocks can keep rising, a mixed report on the U.S. jobs market kept alive hopes that the Federal Reserve can deliver more cuts to interest rates.
Warnings about Wall Street's excessive optimism, concentration risk, and frothy valuations have fallen on deaf ears for most of this year, leaving market-watchers wondering what, if anything, will cool the tech and artificial intelligence frenzy.