Applied Materials (AMAT) stock fell Friday, a day after the No. 1 producer of chip-making equipment reported fiscal Q4 results that modestly beat expectations, but gave a disappointing forecast. Applied Materials stock was down a fraction, near 17.50, in midday trading on the stock market Friday. Late Thursday, the Santa Clara, Calif.-based company reported earnings per share minus items of 19 cents on sales of $1.99 billion for the quarter ended
Netflix stock rose 2.2% Thursday on continued positive sentiment for the subscription streaming video service. The Los Gatos, Calif.-based company on Wednesday launched a new user interface for smart TVs, gaming consoles and set-top boxes. The spiffed-up navigation screen is designed to make it easier for users to find TV shows and movies that they will enjoy watching. Ultimately the redesigned UI is about retaining subscribers by making them more active users of the service . Netflix (NFLX) also is making waves with its content deals. Last week , Netflix announced a deal with Walt Disney ‘s (DIS) Marvel studios to make four TV series featuring Marvel comic-book heroes Daredevil, Iron Fist, Luke Cage and Jessica Jones. The four shows will culminate in a miniseries programming event on Netflix called “The Defenders.” Business Insider reported Wednesday that Netflix is considering funding movie serials, with episodes running on Netflix a few weeks after being …
Expedia (EXPE) is ramping up its Q4 ad spending, and that’s good news for one of its main outlets for ads, travel metasearch site TripAdvisor (TRIP) . So says Jake Fuller, an analyst with FBR Capital Markets, in a research report Thursday in which he upped his price target on TripAdvisor by not a little, but a lot — to 85 from 70. The stock, though, has already gone past that mark. TripAdvisor stock was up more than 1% in afternoon trading in the