Netflix is scheduled to report first-quarter financial results on Thursday after the market close. Analysts expect Netflix to report first-quarter revenue of $12.17 billion, up from $10.54 billion in last year’s first quarter, according to data from Benzinga Pro. Analysts expect Netflix to report first-quarter earnings of 76 cents per share, up from 66 cents per share year-over-year.
SoFi ‘s Liz Young Thomas named Invesco QQQ Trust (NASDAQ:QQQ) as her final trade.
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Joseph M. Terranova, senior managing director for Virtus Investment Partners, named Zoom Communications, Inc. (NASDAQ:ZM) as his final trade.
Kari Firestone, co-founder of Aureus Asset Management, recommended Apollo Global Management, Inc. (NYSE:APO).
Apollo is scheduled to release financial results for the first quarter on Wednesday, May 6, before the opening bell.
Price Action:
- Netflix shares rose 1.4% to close at $107.71 on Wednesday.
- Zoom shares jumped 8.1% to settle at $89.03 during the session.
- Invesco QQQ Trust gained 1.4% on Wednesday.
- Apollo Global shares gained 5% to settle at $120.54 during the session.
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