N@N

Top Stock Movers Now: Google Parent Alphabet, Netflix, Tesla, and More

^{Published on 2024-12-11 22:01:20 - Investopedia}
 

• Major U.S. indexes gained at midday Wednesday as tech stocks climbed after the latest report on consumer inflation reinforced expectations the Federal Reserve will cut its key interest rate next week.

The article from Investopedia discusses the significant stock movements of several major companies on a specific trading day. Alphabet Inc., Google's parent company, saw its stock rise by 7.3% after reporting earnings that exceeded expectations, driven by strong growth in its cloud computing and ad revenues. Netflix experienced a 6.4% increase in its stock price following a better-than-expected earnings report, with subscriber growth surpassing forecasts. Tesla's shares also climbed by 4.5% after the company announced plans to expand its manufacturing capabilities in Mexico. Conversely, Intel's stock fell by 9.2% due to disappointing earnings and a gloomy outlook for the PC market. Other notable movements included a 3.5% drop in Southwest Airlines' stock due to operational issues and a 2.8% decline in Boeing's shares amid ongoing concerns about its 737 MAX aircraft. The article highlights how these movements reflect broader market sentiments and sector-specific challenges.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/top-stock-movers-now-google-parent-alphabet-netflix-tesla-and-more-8759660 ]

Contributing Sources

---