The streaming-media company easily topped expectations with its latest results while offering upside with its forecast.
Earnings Results: Intel stock rallies after earnings show AI data-center beat, strong PC sales
Intel Corp. shares surged in the extended session Thursday after the chip maker posted a surprise profit.
Distributed Ledger: Arrival of spot bitcoin ETF is unlikely to trigger the crypto’s further rally. Here’s why.
The latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.
Market Extra: Dow’s historic winning streak is over. Here are the stocks that helped make it happen.
The Dow Jones Industrial Average’s historic summertime winning streak came to an end on Thursday, with a late-day selloff.
: Sales-tax holidays: Here’s your state-by-state guide to tax-free back-to-school shopping through the end of summer
Several states including Texas see sales-tax free shopping events kicking off on Friday.
: AMC, Cinemark and Regal saw major ‘Barbie’ and ‘Oppenheimer’ foot traffic boost, research shows
AMC, Cinemark and Regal have also seen a spike in visits thanks to “Barbie” and “Oppenheimer,” according to data from Placer.ai shared with MarketWatch
Market Extra: Why U.S. stocks and bonds stumbled on talk of a Bank of Japan policy tweak
The Dow snaps a historic win streak and Treasury yields surge Thursday after a news report says Bank of Japan policy makers will discuss a crucial policy tweak.
The Margin: Remember CosMc? McDonald’s is testing a restaurant spinoff named after its old alien mascot
The news comes a day after the ‘UFO hearing,’ and following a viral hit for McDonald’s with the purple Grimace shake — an ode to another old company character
: Bipartisan fears of an Elon Musk stablecoin cloud crypto legislative debate
Lawmakers on both sides of the aisle expressed fears that stablecoin legislation could open the door to tech titans to issue their own stablecoins.
Banking: FDIC approves proposed capital requirements for U.S. banks
The Federal Deposit Insurance Corp. voted 3 to 2 on Thursday to recommend increased capital requirements and other changes for banks as U.S. regulators react to the regional-bank crisis from earlier this year and implement the international Basel III banking rules created in the wake of the Global Financial Crisis in 2008.
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