After its best-ever holiday season, Netflix Inc (NASDAQ:NFLX) stock is surging today, up 13.1% to trade at $556.49 at last glance and lifting the Nasdaq-100 Index (NDX) along the way. The streaming giant is brushing off an earnings miss, instead favoring better-than-expected fourth-quarter revenue and subscriber growth -- now boasting 260.8 million paid subscribers.NFLX's options pits are unsurprisingly exploding with activity. So far, 142,000 calls and 100,000 puts have been exchanged, or 14 times the opti ...

While Netflix (NFLX) earnings are powering most of the feel-good sentiment on the Nasdaq Composite (IXIC) today, there's also a chipmaker's earnings report across the pond that is having a wide-ranging impact on tech stocks stateside. Dutch semiconductor giant ASML Holding NV (NASDAQ:ASML) is up 7.5% to trade at $836.84, on track for its best single-session pop since November 2022, after the company reported a top-line fourth-quarter beat, which featured orders 165% above consensus.  Jefferies called the re ...

After eight-straight monthly losses starting in April 2023, the shares of pharmaceutical concern Bristol-Meyers Squibb Co (NYSE:BMY) started to rebound in December, though were swiftly rejected by the 80-day moving average at the start of the year. Now, it looks like that bounce was indeed short-lived, as BMY is seeing even more pressure on the charts after its recent dip. According to Schaeffer's Senior Quantitative Analyst Rocky White, Bristol-Meyers stock is within one standard deviation of its 50-day an ...

Cincinnati-based Procter & Gamble Co (NYSE:PG) is one of the first blue chips to kick off earnings season, beating profit expectations but missing on revenue for its fiscal second quarter. Annual outlook also took a hit, as the company did a write-down of its Gillette unit back in December. At last glance, PG is up 5.3% to trade at $155.67.On the charts Procter & Gamble stock has struggled to maintain stability, with yesterday's pullback captured by its 360-day moving average. The shares are clinging to a m ...

Blue chip Boeing Co (NYSE:BA) has been in hot water for the last few weeks, after the U.S. Federal Aviation Administration (FAA) made a critical recommendation following the Alaska Airlines (ALK) flight emergency. The FAA recommended airlines operating Boeing's 737-900ER model should "visually inspect mid-exit door plugs to ensure the door is properly secured.In the time since a section of a Boeing 737 MAX jet blew out during a flight, put traders have ramped up their position on BA. The equity showed up on ...

The shares of Archer-Daniels-Midland Co (NYSE:ADM) are plummeting today, after the food processing giant placed CFO Vikram Luthar on administrative leave due to an investigation into accounting practices in its nutrition unit, per the U.S. Securities and Exchange Commission (SEC). The company also announced lower-than-expected fourth-quarter guidance, after which Barclays downgraded the stock to "underweight" from "overweight" and cut its price target to $60 from $95. At last glance, ADM was down 19.4% at $ ...

UBS upgraded the shares of chipmaker Texas Instruments Incorporated (NASDAQ:TXN) to "buy" and hiked its price target to $195 from $170. Texas Instruments had already lifted its revenue for cast for 2024 and 2025, adding to UBS' confidence that the semiconductor company should be among the first in its sector to see higher orders amid lesser reliance on distribution.  In response to the bull note, TXN was last seen 3.1% higher at $172.12 and pacing to extend its gains after yesterday snapping five-day losing ...

Group 1 - Subscribers to Schaeffer's Options Advisor publication achieved over 100% profit from the recommendation to buy ZTO Express (Cayman) Inc February 21 put options [1] - At the time of the recommendation on December 21, ZTO Express stock had just crossed below $21.50, a significant resistance level from 2018 and 2019, and was experiencing a technical weakness [1] - Despite a positive outlook from analysts, with 20 out of 21 rating it a "buy" or better, ZTO Express stock faced a 30% drop in short interest between October and November, indicating a lack of upward momentum [1] Group 2 - ZTO Express stock has seen a decline of 10.7% over the last month, despite analysts maintaining positive ratings and a further 11.8% drop in short interest [2] - The stock is down more than 15% three weeks into 2024, with a brief 7.3% gain immediately following the recommendation, followed by two consecutive weekly losses [2] - By the time subscribers exited their positions, ZTO shares were at $18.01, having touched a low of $17.55, marking the lowest level since November 2022, resulting in a 110% profit for subscribers [2]

The shares of Charles Schwab Corp (NYSE:SCHW) aren't faring so well after the company's fourth-quarter report, down 6% at $60.42 at last glance. Though the finance name reported better-than-expected earnings of 68 cents per share, profit fell 47% amid bigger interest payments on client deposits and debt due to a jump in asset management fees. The $60 level, a familiar line of resistance over the past year, appears to be moving in as support for today's pullback. Headed for its sixth-straight daily loss, SCH ...

Shares of automotive giant Ford Motor Co (NYSE:F) are 2.2% lower premarket and on track to open at $11.21 after a bear note from UBS. The Wall Street brokerage downgraded F to "neutral" from "buy," citing limited upside for the automaker as well as an uphill battle compared to its sector peers. Coming into today, analysts were split on Ford stock, which leaves room for optimism to unwind. While eight of 16 covering brokerages recommend a "hold" or worse, the other eight rate the security a "buy" or better. ...