U.S. stocks rose as strong earnings from Elon Musk’s SpaceX eased concerns about the profitability of the artificial-intelligence business, sparking gains for chip makers.

The U.S. stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial and other big companies. The S&P 500 added 0.4% and pulled within 1% of its all-time high set earlier this month.

U.S. stocks rose, with the Nasdaq leading gains, after SpaceX’s earnings gave a big boost to the artificial-intelligence trade.

Asian shares are mixed with Japan and South Korea tech stocks advancing following a broad rally on Wall Street.

Netflix, which announced layoff plans last week, posted a third-quarter profit above Wall Street’s expectations

Netflix’s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line. But the streamer faces an urgent need to refresh its queue: Revenue growth in the period slowed, and the company just laid off 1,000 employees in a restructuring effort to reposition itself. Netflix posted Q3 revenue of $12.87 billion, up […]

Netflix stock extended its losses another 4% on Wednesday after some Wall Street analysts cut their price targets in response to weaker guidance overshadowing the streamer's third-quarter earnings. The company had projected a slowdown in fourth-quarter revenue growth and lower ad sales for 2026 than previously expected despite posting a stronger-than-expected third quarter profit and revenue that was in-line with Wall Street's estimates. The...

Netflix stock is getting a valuation reset after the subscription streaming video service posted its slowest sales growth in three years.

Micron Technology ​said on ‌Wednesday that it had reached ​a labour-management ​agreement with the ⁠Taichung union ​in Taiwan, with ​both parties agreeing to withdraw from ​the ​mediation process that had ‌been ⁠scheduled for October 22.

TAIPEI, Oct 21 () - Micron Memory Taiwan and a union representing workers at its Taichung operations said ‌on Wednesday they had signed a labour-management agreement ‌covering multiple issues,

Micron Memory Taiwan and a union representing workers at its Taichung operations said on Wednesday they had signed a labour-management agreement covering multiple issues, prompting both sides to withdraw from mediation scheduled for2.

Micron will introduce quarterly profit-sharing bonuses in FY2027 in Taiwan based on employee level, following the signing of a labor-management agreement with the Taichung union.