5 THINGS TO KNOW BEFORE THE STOCK MARKET OPENS.

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Amara

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Jul 18, 2024
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Markets: Stock futures are steady with small gains for S&P 500 (+0.12%) and Nasdaq 100 (+0.29%), while the Dow is flat. Earnings reports from American Express and Procter & Gamble are being watched closely.

Netflix Shares Jump: Netflix's third-quarter earnings beat expectations, reporting $5.40 per share and $9.83 billion in revenue. Its ad-tier memberships grew 35% quarter over quarter.

CVS Leadership Change: CVS replaced CEO Karen Lynch with David Joyner as the company deals with declining profits. CVS also withdrew its previous financial guidance.

Google's New Search Boss: Nick Fox is taking over Google's search and ads division from Prabhakar Raghavan, as Google continues restructuring amid competition in AI.

Hamas Leader Killed: Israel's military killed Hamas leader Yahya Sinwar, marking a significant event in the ongoing conflict following the Oct. 7 terror attacks on Israel.