Good evening.
Stocks climb, Bitcoin continues higher, and Netflix tumbles 25% after disappointing earnings.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday as earnings season kicked into high gear.
Stocks have been under pressure recently, with the S&P 500 falling for two straight weeks, but investors stepped in Tuesday to buy the dip.
Tomorrow could be volatile. Netflix shares are down 25% in extended trading after the company reported a loss of 200,000 subscribers in Q1.
The crypto market continued higher on Tuesday, with Bitcoin trading near $41,500, as cryptocurrencies moved higher with stocks.
Catch Up
Netflix estimates 100 million households are sharing passwords and suggests a crackdown is coming.
Cathie Wood’s flagship ARK fund is down more than 60% from its 2021 peak.
Private-equity giant Apollo Global Management is reportedly considering making a bid for Twitter.