Stocks making the biggest moves midday: Netflix, Coinbase, Alphabet, SVB Financial & more

— The financial stock rallied a whopping 19% after the company reported better-than-expected quarterly results. Adjusted earnings came in at $1.08 a share, higher than the 97 cents a share analysts surveyed by FactSet were looking for. Its revenue also topped expectations.— Shares of American Tower fell 2.4% after reports that the company may be exploring a takeover bid of Spanish company Cellnex. Cellnex shares jumped more than 8% on the news.

— CNBC's Michelle Fox, Yun Li, Tanaya Macheel, Sarah Min, Jesse Pound, Carmen Reinicke, Samantha Subin contributed reporting

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U.S. stocks open modestly higher with Nasdaq jumping on Alphabet, Netflix boostU.S. stock indexes opened higher on Friday with the technology sector rallying after shares of Google parent Alphabet Inc. and Netflix Inc. jumped ahead of...
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STOCK MARKET NEWS: Alphabet jobs, Netflix rises, T-Mobile breachNetflix shares rise on subscription gains. Nordstrom holiday sales decline. Oil's price gains for a second week. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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