Today’s Stock Market Movers: From Wayfair, Netflix, to Others Major Players.

Jan 23, 2023

Today’s Stock Market Movers

Stocks finished higher on Friday, boosted by the technology sector, after falling for three days in a row on recession worries.

These stocks moved on Friday:

Wayfair (W) stock jumped 20% after the home furnishings company revealed it would lay off around 1,750 workers, or 10% of its staff.

Ally Financial (ALLY) jumped 20% after the lender posted fourth-quarter profits that exceeded expectations.

SVB Financial Group (SIVB) rose 17% as the bank's net interest income increased year over year.

Netflix (NFLX) rose 8.5% after the streaming company reported better-than-expected fourth-quarter membership growth on Thursday. Netflix also announced that founder and co-CEO Reed Hastings would be promoted to executive chairman. Netflix announced that Chief Operating Officer Greg Peters would join Ted Sarandos as co-CEOs.

PPG Industries (PGG) increased by 5.9%. The paint and glass manufacturer reported higher-than-expected fourth-quarter earnings and revenue.

Morgan Stanley raised PagerDuty (PD) to Overweight from Equal Weight, resulting in a 5.6% increase in shares.

Alphabet (GOOGL), Google's parent firm, intends to cut 12,000 positions, cutting its workforce by 6%. The cuts would be made across units and regions, according to CEO Sundar Pichai in a communication to staff that was later made public on Friday. The stock increased by 5.3%.

LCI Industries (LCII) fell 3.8% after Jefferies analysts cut the automaker's stock to Hold from Buy.

Goldman Sachs (GS) fell 2.5% after The Wall Street Journal reported that the Federal Reserve is looking into the bank's consumer lending operations to see if sufficient protections were in place as it expanded its lending activities.

Subscribe Our Newsletter

Here’s Our List of the best stocks with big Dividends.
Here’s Our List of the best stocks with big Dividends.

Investors have several concerns, including the development of the Omicron Covid variant, inflation, and the Federal Reserve's anticipated interest rate hike. However, the stock's bright spot is unlikely to change: The forecast for dividends in the United States in 2022 continues to improve.

Stocks
Don't Fall for Scammers: Cryptofraudsters Use Royal Mourning
Don’t Fall for Scammers: Cryptofraudsters Use Royal Mourning

Scammers are committed to making money and take any opportunity, particularly when news is global.

Crypto
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Tamta

Guide to Craiyon: How To Use a New DALL-E Mini
Soon after OpenAI's inception, Google released Imagen, a direct rival that uses OpenAI's open-source code to build similarly stunning AI graphics that can again make images from basic sentences.

discover
Why Do Brokers Need PAMM Accounts?

Liquidity Provider

Why Do Brokers Need PAMM Accounts?

In this article, we will take a look into what a PAMM account is, its functions, what value it brings to brokerages and to various types of investment firms, and describe some of the best and most efficient PAMM solution providers in the industry. We will also consider the features of such accounts and their advantages and disadvantages.

Trading
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage

    Hazem

    Crypto Ransomware – How They Happen and How to Avoid Them

    Crypto ransomware explained

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.