Friday, April 10

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NFLX, ISRG, WDFC and more
Business

NFLX, ISRG, WDFC and more

Check out the companies making headlines in after-hours trading: Netflix — The streaming stock popped more than 4% after third-quarter earnings topped expectations. Netflix earned $5.40 per share on $9.83 billion in revenue, while analysts forecast $5.12 a share and $9.77 billion in revenue. The company also said its ad-tier memberships jumped 35% quarter over quarter. Intuitive Surgical — Shares jumped about 5% after the maker of the da Vinci surgical robot posted better-than-expected third-quarter results. Intuitive Surgical earned $1.84 per share on $2.04 billion in revenue. Analysts surveyed by LSEG had estimated earnings of $1.63 per share on $2 billion in revenue. WD-40 — The maintenance product maker's shares dropped more than 4% after a disappointing fiscal fourth-quarter earnings ...
Instagram moves to face rising tide of sextortion scams
World News

Instagram moves to face rising tide of sextortion scams

Photo: Victor Okhrimets / 123RF By AFP Meta, the parent company of Facebook and Instagram, has announced new measures to fight sextortion, a form of online blackmail where criminals coerce victims, often teens, into sending sexually explicit images of themselves. The measures include stricter controls on who can follow or message teen accounts and safety notices in Instagram direct messages and Facebook Messenger about suspicious cross-country conversations. The measures beef up Instagram's "Teen Accounts," which were announced last month and are designed to better protect underage users from the dangers associated with the photo-sharing app. The company is also implementing restrictions on a scammer's ability to view follower lists and interactions, as well as preventing screenshots in ...
Trump crypto project allows ex-president family to make 75% of revenue
Business

Trump crypto project allows ex-president family to make 75% of revenue

Donald Trump's crypto project, World Liberty Financial, published a 13-page document on Thursday, describing its mission, how tokens can be allocated, and indicating that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the "World Liberty Gold Paper," WLF said the Trump family will receive 22.5 billion "$WLFI" tokens, currently valued at $337.5 million, based on the price of 1.5 cents per token at launch this week. Trump, who's in a virtual dead heat with Vice President Kamala Harris as the election reaches its closing stages, has spent months pumping his crypto project, previously branding it as "The DeFiant Ones," a play on DeFi, short for decentralized finance. On Tuesday, the project launched the WLFI token and said in a roadmap th...
Astronauts to wear Prada-designed suits in first moon landing since 1972
World News

Astronauts to wear Prada-designed suits in first moon landing since 1972

By Jesmine Cheong, ABC with wires The AxEMU suit is pictured during a press conference of Prada and Axiom Space. Photo: AFP - Marco Bertorello The first woman on the moon will be wearing a designer spacesuit, as part of NASA's first human mission to the lunar South Pole. Prada has co-designed the space suit with private space company Axiom Space to provide the surface suits for NASA's Artemis III mission to the moon, planned for 2026. The designer suit does not stray too far from what astronauts have worn historically. Similar to the suits worn by the Apollo astronauts who last walked on the moon more than five decades ago, the external layer of the suit is designed to reflect heat and is mostly white. It is also designed to withstand extreme temperatures at the lunar south pole and ...
Google CEO names new search, ads boss, Raghavan to chief technologist
Business

Google CEO names new search, ads boss, Raghavan to chief technologist

Google is replacing Prabhakar Raghavan, the company's search and ads boss, with longtime Google executive Nick Fox.The move was announced by Alphabet CEO Sundar Pichai, who said in a blog post on Thursday that Raghavan will be moving into the role of chief technologist after 12 years of leading teams across the search company. Raghavan will continue to report to Pichai in the new role, the company told CNBC in a statement."Prabhakar has decided it's time to make a big leap in his own career," Pichai wrote in the post. "In this role, he'll partner closely with me and Google leads to provide technical direction and leadership and grow our culture of tech excellence."The move comes as Google continues to restructure its teams to move more quickly in the artificial intelligence arms race, wher...
Liam Payne’s ‘heartbroken’ family pay tribute to ‘kind, funny and brave’ soul
World News

Liam Payne’s ‘heartbroken’ family pay tribute to ‘kind, funny and brave’ soul

By Riley Stuart, for ABC in London British singer-songwriter Liam Payne poses on the red carpet on arrival for the BRIT Awards 2019 in London on February 20, 2019. Photo: AFP / TOLGA AKMEN Liam Payne's family say they're "heartbroken", and paid tribute to the former One Direction member's "kind, funny and brave soul" after he was found dead in Buenos Aires on Thursday. Payne, 31, had been staying at a hotel in Argentina's capital, and fell from a third-floor balcony. His death sparked an outpouring of grief from fans of the boy band, that rocketed to fame after forming as part of a British reality television show in 2010 before splitting up six years later. In a statement released Friday, his family said: "We are heartbroken. Liam will forever live in our hearts and we'll remember hi...
These companies reporting earnings next week have history of beating expectations
Business

These companies reporting earnings next week have history of beating expectations

Several companies are due to report earnings next week, including some potential standouts. Earnings season is ramping up, with 22% of S & P 500 members expected to post their quarterly results next week. So far, most of the constituents that have reported third-quarter earnings have exceeded earnings and revenue expectations, according to FactSet. Against this backdrop, CNBC Pro screened Bespoke Investment Group data to find names reporting next week that tend to positively surprise investors and boast strong postearnings performances. The companies below have exceeded the Street's earnings per share expectations 70% of the time and have risen 2% or more on earnings day. Here are the names that met this criteria: ServiceNow tends to make the biggest postearnings gain of the list at ab...
Hamas leader Yahya Sinwar killed in Gaza, Israeli military says
World News

Hamas leader Yahya Sinwar killed in Gaza, Israeli military says

By Jeremy Diamond, Dana Karni, Pauline Lockwood and Sophie Tanno for CNN Yahya Sinwar at a gathering in the southern Gaza Strip city of Khan Yunis in 2017. Photo: SAID KHATIB / AFP The Israeli military has confirmed that Hamas leader Yahya Sinwar - the chief architect of the militant group's deadly 7 October 2023 terror attack that set off the war in Gaza - has been killed in battle. The Israel Defense Forces (IDF) said in a statement that Sinwar was killed on Wednesday after a "year-long pursuit". "In recent weeks, IDF and ISA forces, under the command of the Southern Command, have been operating in the southern Gaza Strip, following IDF and ISA intelligence that indicated the suspected locations of senior members of Hamas," the Israeli military statement read. "IDF soldiers of the ...
The breakout in cruise line stocks may be just getting started, according to the charts
Business

The breakout in cruise line stocks may be just getting started, according to the charts

With a resurgence of travel demand driving strong earnings and analyst upgrades, the cruise line industry appears to be entering a new bullish regime. While charts like Carnival Corp. (CCL) have once again become overbought, the strength of the recent breakout suggests they may just be getting started. Starting with the weekly chart, we can see that over the last 18 months, Carnival had found consistent resistance around $19.50. Through the course of 2024, numerous tests of this price resistance led to a pullback down to around $14, as the stock settled into a fairly consistent price range. The longer a resistance level is tested, the more meaningful it becomes when the price finally breaks above this price ceiling. Or as legendary technical analyst Alan Shaw used to say, "The broader the ...
Israeli ministers are told Sinwar very likely dead, two officials say
World News

Israeli ministers are told Sinwar very likely dead, two officials say

By James Mackenzie for Reuters If confirmed, Sinwar's death would represent a major boost to the Israeli military and Prime Minister Benjamin Netanyahu after a string of assassinations of leaders of its enemies. Photo: AFP / MAHMUD HAMS Israeli ministers have been informed that Hamas leader Yahya Sinwar has very likely been killed by Israeli troops who were conducting an operation in southern Gaza, two officials with knowledge of the situation say. Israeli broadcasters quoted unnamed officials as saying Sinwar, the architect of the devastating attack on Israel last October that set off the Gaza war, was dead. There was no immediate confirmation from the military, which earlier said it was checking the possibility that Sinwar, Israel's most wanted enemy, was among three militants kill...