The market catches its breath after a few tech stocks deliver some nasty surprises

Stocks were mixed today, with investors taking a step back after a hot four-day streak.

Uber shares slipped more than 5% after a surprise quarterly loss. Shopify had its worst day ever after the e-commerce colossus said it expects revenue growth to cool as it competes with shopping stars Temu and Shein.

On the plus side? Data showed the rate at which consumers are slipping into credit card and auto loan delinquencies is cooling.

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Matt Phillips

Coinbase posts better-than-expected sales, profit, and transaction numbers

The crypto exchange rose slightly in early after-hours trading.

Western Digital jumps as Q1 sales and earnings beat, guidance better than expected, and dividend hiked

A litany of stellar news from the disk drive seller.

Matt Phillips8h

Max Knoblauch8h

Netflix rises on announcement of its 10-for-1 stock split

Netflix’s subscription prices keep rising, but its shares are about to get a bit cheaper.

On Thursday, the streamer announced it’ll perform a 10-for-1 forward stock split. On November 17, traders who own a single Netflix share will own 10 shares, though the company’s underlying value will remain the same.

Netflix shares have surged about 270% over the past three years to $1,089 as of today’s close, as the streamer has captured more of the streaming market share. The stock rose roughly 3% in after-hours trading on Thursday following the announcement.

Reddit rises in after-hours trading on Q3 earnings numbers

Here’s how they look.

Matt Phillips8h

Amazon soars as Q3 earnings, sales beat Wall Street expectations

Amazon released earnings on Thursday.

Jon Keegan8h

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