On Tuesday, Shares of Netflix, Inc. (NASDAQ:NFLX), gained 4.79% to $101.52. The company suffered big market losses on Monday, in addition to last Friday.
The company had no major news to report, but investors appear to be tuning in again after several days of volatility.
Netflix did declare a deal with Japan’s SoftBank Group as it prepares to launch a video streaming service in Japan next month, according to a CNBC report.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD.
Shares of JD.com, Inc. (NASDAQ:JD), inclined 4.72% to $25.06, during its last trading session, as China-based U.S. traded stocks rebound recently after China cut interest rates following two days of plunging markets.
China’s market continued to fall on Tuesday closing lower by 7.6%. On Monday the Shanghai Composite Index closed trading down by 8.5%.
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
Finally, Occidental Petroleum Corporation (NYSE:OXY), ended its last trade with 0.03% gain, and closed at $65.75, as Oil prices have recovered some lost ground after a sharp fall sparked by worries about China’s faltering economy, the world’s largest energy consumer.
US benchmark West Texas Intermediate (WTI) for October delivery rose $US1.07, or 2.8 per cent, to $US39.31 a barrel on the New York Mercantile Exchange, after finishing below $US40 on Monday for the first time in six years.
In London, Brent North Sea crude for October, the international benchmark, finished at $US43.21 a barrel, up a modest US52c, or 1.2 per cent, a day after dropping to its lowest level since March 2009.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.
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