Stock Market Update

[BRIEFING.COM] The major averages remain modestly higher shortly before the closing bell.

Investors will receive a few more earnings reports after the close, including Netflix (NFLX 108.28, +0.57, +0.53%).

The company enters Q1 with solid momentum, but expectations are elevated following its strong rebound and continued double-digit growth outlook. Guidance is the key, particularly after Netflix issued downside Q1 guidance last quarter. Investors will watch closely for any signs of pushback from recent price hikes, as pricing power remains central to the bull case. Meanwhile, the rapidly scaling advertising business is emerging as a meaningful growth lever, and further upside here could support multiple expansion. Sentiment hinges on Netflix's ability to balance subscriber growth, pricing, and ad monetization without sacrificing engagement, while the decision to walk away from the WBD deal reinforces a disciplined, shareholder-friendly strategy.