Nasdaq eyes higher open on Netflix boost

Published by

By Shreyashi Sanyal and Amruta Khandekar (Reuters) – Nasdaq futures rose on Friday, after Netflix kicked off the earnings season for the growth sector on a positive note, but worries about a U.S. recession kept a lid on sentiment. Shares of Netflix Inc jumped 6.6% in premarket trading, after the streaming company added more subscribers than expected in the fourth quarter and said co-founder Reed Hastings was stepping down as chief executive. Netflix’s quarterly update comes as the technology sector faces gloomy prospects due to rising interest rates and economic worries that have forced compan…

Read More