Investing.com — U.S. stocks were mixed on Friday, ending a week that saw a significant rotation out of heavyweight technology stocks.
Below are some of the biggest moves in U.S. stocks ahead of today's market open:
-
Netflix (NASDAQ:) shares rose 0.5% after the streaming giant reported better-than-expected second-quarter results amid strong subscriber growth, driven by a strong content slate and a continued crackdown on password sharing, eclipsing its third-quarter revenue guidance that missed expectations.
-
Mass coup (NASDAQ:) shares fell 10% after it was reported that a software update by the cybersecurity company, known for its antivirus software, caused a global computer system outage.
-
Microsoft Shares of (NASDAQ:) also fell 1.5% after indications that the outage had affected devices running the software giant's Windows operating systems.
-
American Express (NYSE:) shares fell 1.9% after the credit card giant reported disappointing revenue growth even as it beat profit estimates for the second quarter as its wealthy customers persisted in spending.
-
Schlumberger (NYSE:) Shares rose 1.5% after the oilfield services provider beat earnings expectations in the second quarter, benefiting from steady demand for its drilling equipment and technology in international markets.
-
Halliburton (NYSE:) shares fell 2.9% despite the oilfield services company reporting a rise in quarterly profit, and the company reported a 3% drop in revenue from its key North American market.
-
Power plug (NASDAQ:) Shares fell 10% after the alternative energy company said it had initiated a $200 million stock offering, the latest chapter in its liquidity problems.
-
Arm Holdings (NASDAQ:) Shares rose 2.9% after Morgan Stanley upgraded its stance on the semiconductor to overweight from “equal weight” while raising its price target to $190 from $107, saying Arm's products will be “critical to the successful emergence of edge ai.”
!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=();t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)(0);s.parentNode.insertBefore(t,s)}(window, document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
