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“Netflix stock plunges 37% on shocking subscriber loss”

“Shares of Netflix plunged 37% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers for the first time in more than ten years. The results and weak outlook led to a wave of downgrades from Wall Street over fears… Continue Reading…

Stocks

“May home sales rebound to highest level since 2005, shocking even the Realtors”

“Pending home sales, a measure of signed contracts on existing homes, jumped an unexpectedly high 8% in May compared with April, according to the National Association of Realtors. Analysts expected a 1% drop. This is the highest level of sales… Continue Reading…