Baidu, Netflix, Apple Rise Premarket; Robinhood, MicroStrategy Fall By Investing.com

Baidu, Netflix, Apple Rise Premarket; Robinhood, MicroStrategy Fall

Stock Markets Jun 15, 2022 07:51AM ET

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Baidu, Netflix, Apple Rise Premarket; Robinhood, MicroStrategy Fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, June 15th. Please refresh for updates.

Netflix (NASDAQ:NFLX) stock rose 1.3% after the streaming giant announced plans to turn its most-watched series, “Squid Game,” into a reality show with a cash prize totaling $4.56 million.
Baidu (NASDAQ:BIDU) stock rose 4.2% after Reuters reported China's internet search engine giant is in talks to sell its controlling stake in iQIYI (NASDAQ:IQ), in a deal that could value all of the Chinese video streaming services firm at about $7 billion.
Apple (NASDAQ:AAPL) stock rose 1.1% after the tech giant agreed a broadcasting rights deal with Major League Soccer, reportedly worth $2.5 billion, that will see every game streamed on its app for the next decade.
Walt Disney (NYSE:DIS) stock rose 0.9% after agreeing to pay $3 billion to keep TV broadcasting rights for the Indian Premier League cricket, having lost the battle for the streaming rights.
MicroStrategy (NASDAQ:MSTR) stock fell 3.1% with cryptocurrencies continuing to weaken. The software firm said it has not received a margin call against its bitcoin-backed loan, having borrowed $205 million from crypto bank Silvergate CapitaI in March.
Robinhood (NASDAQ:HOOD) stock fell 2.9% after Atlantic Equities downgraded its stance on the online exchange to ‘underweight’ from ‘neutral’, saying its main source of revenue is threatened as trading slows.
Moderna (NASDAQ:MRNA) stock rose 0.7% after advisers to the U.S. Food and Drug Administration recommended the authorization of the drugmaker's COVID-19 vaccine for children and teens aged 6 to 17 years of age.
Stellantis (NYSE:STLA) stock rose 3.2% after the world’s fourth largest carmaker announced plans to cut costs via laying off employees at its Sterling Heights stamping plant in Michigan.

Analysis-As earnings support U.S. stock rebound, worries over future profits grow By Reuters - Aug 17, 2022

By Lewis Krauskopf NEW YORK (Reuters) - Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks...

Dubai airport sees passenger travel surge, hikes annual forecast By Reuters - Aug 17, 2022

DUBAI (Reuters) - The operator of Dubai International said on Wednesday over 14 million passengers had travelled through the airport in the second quarter, and raised its forecast...

Musk says he was joking about buying Manchester United By Reuters - Aug 17, 2022 3

(Reuters) - Billionaire Elon Musk was joking when he said he was going to buy English soccer club Manchester United, the entrepreneur said on Twitter (NYSE:TWTR) on Wednesday....

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Comments (2)

Goldsack Jun 15, 2022 10:58AM ET

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Netflix has money. They will be okay.

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S K Jun 15, 2022 8:14AM ET

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Watch Apple free fall today after the FOMC announcement.

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US 30	34,182.7	+30.7	+0.09%
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Dow Jones	34,152.01	+239.57	+0.71%
S&P 500	4,305.20	+8.06	+0.19%
Nasdaq	13,102.55	-25.50	-0.19%
S&P 500 VIX	19.69	0.00	0.00%
Dollar Index	106.250	-0.138	-0.13%

Crude Oil WTI	87.25	+0.72	+0.83%
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Gold	1,793.50	+3.80	+0.21%
Silver	20.163	+0.078	+0.39%
Copper	3.6315	+0.0065	+0.18%
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SPDR S&P 500	429.70	+0.84	+0.20%
iShares Russell 2000	200.99	-0.08	-0.04%
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Direxion Daily Junior Gold Miners Bull 2X Shares	35.89	-0.19	-0.53%
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Apple	173.03	-0.16	-0.09%
Alphabet A	121.70	-0.38	-0.31%
Tesla	919.69	-8.27	-0.89%
Amazon.com	144.78	+1.60	+1.12%
Netflix	245.69	-3.42	-1.37%
Meta Platforms	179.47	-1.42	-0.79%
Bank of America	36.64	+0.39	+1.08%

Baidu, Netflix, Apple Rise Premarket; Robinhood, MicroStrategy Fall

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