In Case you Missed it: Bank Earnings Powered Stocks, Netflix's Big Report Card
All three major U.S. indices were solidly in the green Wednesday.
The Dow Jones Industrial Average was up more than 200 points.
Goldman and Bank of America Earnings Goldman Sachs Group Inc.
Put earnings estimates to shame Wednesday morning, and reported a net interest income increase of 10% year-over-year for the quarter, and 28% year-over-year for the full year.
This comes even with higher interest rates, which hurts loan demand.
Goldman Sachs, RealMoney's stock of the day has a not-so-bad 2019 outlook, as M&A activity looks to be an area of strength for the investment banking giant.
Bank of America Corp also beat earnings estimates, reporting a 7.3% increase year-over-year in net interest income for the quarter.
The same metric rose more than 5% for the full year of 2018.
Netflix Earnings Netflix Inc.
Reports earnings Thursday January 17 after the closing bell.
The movie streaming giant just raised prices on several of its subscription plans, which helped the stock rally Wednesday.
Look out for forward looking subscription guidance as a result of the price increases.
More articles from Real Money's Kevin Curran.
Follow Jacob Sonenshine on TheStreet or on Twitter @SonenshineJ.
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