Netflix And Tesla Earning Highlight The Week

Key Takeaways

• Markets Continue Rolling
• Inflation Stabilizing
• Netflix and Tesla Report Earnings

Markets turned in a strong performance last week, adding to their already impressive gains for the year. The S&P 500 closed up 2.5% at 4505.42, while the Nasdaq Composite closed 3% higher at 14113.70. Gains were spread out across industries with names such as Nvidia up 7% and Facebook parent, Meta up 6%. Amazon
AMZN
gained 4% following the company’s strongest Prime Days in history, while Activision
ATVI
Blizzard rallied nearly 10% following a ruling that opens the way for their merger with Microsoft
MSFT
to proceed.