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BlackRock Inc. gained 1.7% to $1,100.54 after the global investment management company reported a 13% rise in its earnings in the latest quarter.
Consolidated revenue in the quarter increased to $5.4 billion from $4.8 billion, net income jumped to $1.7 billion from $1.5 billion, and diluted earnings per share rose 2% to $10.19 from $9.99 a year ago.
A 13% increase in annual revenue was driven by the positive impact of markets, organic base fee growth, and fees related to the GIP transaction, as well as higher technology services and subscription revenue, partiall More
Jul 18, 2025 -
Netflix Inc. gained 1.9% to $1,274.17 after the streaming media services provider reported a 48% jump in its earnings in the fiscal second quarter ending in June.
Consolidated revenue in the quarter increased 16% to $11.1 billion from $9.6 billion, net income jumped to $3.1 billion from $2.1 billion, and diluted earnings per share rose 47% to $7.19 from $4.88 a year ago.
Netflix estimated annual revenue to range between $44.8 and $45.2 billion, compared to the previous range between $43.5 and $44.5 billion.
Jul 18, 2025
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