Communications Services Up Ahead of Netflix Earnings - Communications Services Roundup

Dow Jones
04-18

Communications-services companies rose ahead of Netflix's earnings.

Netflix shares rose after hours as the streaming giant said price hikes and subscription growth generated earnings ahead of Wall Street estimates.

A federal judge ruled that Alphabet's Google created an illegal monopoly that allowed it to control parts of the online advertising industry, in a surprise decision that could up-end the industry.

Amazon.com, "When large numbers of first-party/third-party sellers and small-and-midsize businesses could be adversely impacted by China tariffs...there are ripple effects in the digital ad markets," said strategists at brokerage Morgan Stanley.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 17, 2025 17:16 ET (21:16 GMT)

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