Oil rebounds, housing data, Tesla earnings on tap: LIVE Updates
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Advisory from cybersecurity authorities of the U.S., Australia, Canada, New Zealand and the U.K. reads, in part:
"Some cybercrime groups have recently publicly pledged support for the Russian government. These Russian-aligned cybercrime groups have threatened to conduct cyber operations in retaliation for perceived cyber offensives against the Russian government or the Russian people. Some groups have also threatened to conduct cyber operations against countries and organizations providing material support to Ukraine. Other cybercrime groups have recently conducted disruptive attacks against Ukrainian websites, likely in support of the Russian military offensive."
| Symbol | Price | Change | %Change |
|---|---|---|---|
| NFLX | $221.39 | -127.22 | -36.49% |
Fox News' Kat Timpf and Mike 'Gunz' Gunzelman react to millions of Americans moving closer to student loan forgiveness with a new Department of Education policy.
Netflix shares head for lowest close since 2018
On pace for largest percent decrease since October 15, 2004, when it fell 40.91%
Source: Dow Jones Market Data Group
| Symbol | Price | Change | %Change |
|---|---|---|---|
| I:COMP | $13,530.13 | -89.53 | -0.66% |
| NFLX | $230.95 | -117.66 | -33.75% |
Netflix weighed on the Nasdaq Composite after reporting it will lose subscribers in the second quarter.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| PG | $159.41 | +2.35 | +1.50% |
Containers of Tide detergent on a store shelf
Procter & Gamble Co. beat third-quarter sales estimates on Wednesday, as consumer demand for cleaning and personal health care products remained resilient even in the face of higher prices.
NYSE Floor Traders (REUTERS/Brendan McDermi)
U.S. equity futures traded lower Wednesday morning, following Tuesday's rally led by technology stocks. Netflix sank 25% in premarket trading after the video streaming giant reported its first loss in worldwide subscribers in its history. Continue reading
Marathon Petroleum's Los Angeles Refinery. (REUTERS/Bing Guan)
Oil prices gained Wednesday morning, rebounding from sharp losses in the previous session. The Energy Information Administration (EIA) will release its weekly data on Wednesday. Continue reading
Bitcoin heads into Wednesday following a two-day winning streak. The cryptocurrency is down more than 9% month-to-date and off more than 10% year-to-date. Continue reading
Gas Prices (AAA)
The average price for a gallon of gasoline in the U.S. moved higher on Wednesday to $4.114, according to the latest numbers from AAA. The price on Tuesday was $4.101. The record high was $4.33, set on Friday March 11, 2022.
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