Stock Split: Netflix to divide one share into 10 for the first time in a decade

Currently, Netflix is one among the 10 S&P 500 constituents, whose share price is in excess of $1,000.

Currently, Netflix is one among the 10 S&P 500 constituents, whose share price is in excess of $1,000.

Losses on Thursday were led by Meta, whose shares fell 11% despite an earnings beat as a tax hit, losses in its reality labs business and an increased capex guidance disappointed the street, leading to an erosion of over $200…

Despite growth in Amazon Web Service being the fastest in over three years, it still lagged its much larger peer-service providers, Google and Microsoft, whose respective cloud businesses grew by 34% and 40% during the quarter.

For the first quarter of the new fiscal, which runs till December, Apple’s revenue is projected to grow between 10% and 12%, CFO Kevan Parekh said. Analysts were projecting a figure of 6% on average.

SEBI bars Gretex Corporate Services from new merchant banking assignments for 21 days over regulatory lapses and due diligence failures in IPO management.

Earnings action continued with ITC, Dabur, and Gillette posting steady profit growth, while Nippon Life AMC reported a marginal dip despite record operating profit. Swiggy’s losses widened even as revenue surged, and Manappuram Finance saw profits slump sharply. Meanwhile, Welspun…

The $25 billion offering, spread across multiple maturities of up to 40 years, drew record investor demand of $125 billion — the highest ever for a US corporate bond sale. The move highlights Meta’s aggressive financing strategy to expand its…

Apple’s market momentum reflects renewed investor confidence in its flagship iPhone lineup, with early data showing stronger-than-expected sales of the iPhone 17 series in key markets. The company’s upcoming earnings report will test whether the optimism around higher prices, device…

“With significant launches planned in the second half of this fiscal, we are on track to deliver our full-year pre-sales guidance of ₹21,000 crore,” Lodha said.

The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 11.7% to ₹140.8 crore compared to ₹126.1 crore a year earlier. Shares of Indegene Ltd ended at ₹551.05, up by ₹4.50, or 0.82%, on the BSE.