Stock Market Rises on Tech Gains; Netflix Soars on Subscriber Growth and WWE Deal
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The stock market was up on Wednesday, led by gains in tech stocks like Netflix after its earnings beat. Tesla rose ahead of its earnings report after the close.
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Netflix surged after beating on subscriber additions and announcing a deal to stream WWE content. Other top performers included DraftKings on a potential deal with Barstool Sports.
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Boeing gained over 2% as its CEO said it does not fly unsafe planes. He met with lawmakers regarding recent safety concerns.
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Chipmaker ASML popped over 10% after beating earnings expectations and guiding light on sales. Texas Instruments fell on mixed results.
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Dupont plunged as much as 17% on preliminary Q4 results before recovering some losses. It was still on track for its largest one-day percent drop since 2008.