Netflix Inc (NASDAQ:NFLX) stock started Tuesday trading higher, up 1.9%, as news of a content streaming partnership with WWE boosted investor sentiments ahead of this afternoon’s earnings report.
The online streamer will broadcast the three-hour weekly WWE Raw show every Monday night, starting in 2025, securing hundreds of hours of premium content every year.
Shares of 3M Co (NYSE:MMM) declined nearly 11% from yesterday’s closing levels in New York.
3M is coming off a challenging year marked by significant legal liabilities and settlement costs the company faced in 2023. The company agreed to pay up to $12.5 billion to resolve claims related to water contamination and $6 billion to settle lawsuits concerning defective earplugs supplied to US combat troops.
Rumble Inc shares were on the move again this morning after the streaming platform and cloud services provider announced the launch of its new live-streaming tool, Rumble Studio.
According to the press release: “The all-in-one tool for creators simplifies the live streaming experience for Rumble creators, allowing them to easily stream video to multiple platforms, invite guests, and engage with their audience."
Rumble shares opened 18% higher at $5.68, brining its week-on-week performance close to 50%.
RTX (NYSE:RTX) shares moved 6.7% higher after the aerospace and defence firm reported better-than-expected fourth-quarter results.
New Jersey-based pharmaceutical giant Johnson & Johnson (NYSE:JNJ) hit top-line expectations in today’s annual earnings call, but slightly undershot with its adjusted earnings results.
Shares were 2% lower around midmorning in New York.