- Netflix shares surged 6.3% after surpassing Wall Street’s third-quarter expectations with earnings of $5.40 per share on $9.83 billion in revenue, beating forecasts of $5.12 per share and $9.77 billion in revenue. The company also saw a 34% growth in its ad-supported membership tier.
- American Express shares dipped 3.4% after a mixed earnings report. While earnings of $3.49 per share exceeded the forecast of $3.28, revenue came in at $16.64 billion, slightly below the expected $16.67 billion.
- Apple shares rose 2% after Bloomberg reported a 20% year-over-year increase in iPhone sales in China during the first three weeks of sales.
