Stocks end the week on a good note, with the S&P 500 climbing higher and Amazon hitting another all-time high. Plus, banks start off earnings season with a whimper. What will it take to get the financials back on track? And AT&T-Time Warner is heading back to court. Why the DOJ just can’t quit this one. Plus, Twitter’s purging of bots has hit one social-media celeb hardest. Catch The Final Round at 3:55 ET p.m. with Seana Smith and Yahoo Finance Editor-in-Chief Andy Serwer.
Winners and losers
Stocks in the red include Netflix, as Deutsche Bank warns that the streaming giant may miss on second-quarter subscriber expectations; Johnson & Johnson, as it was ordered to pay a record $4.7 billion to 22 women who alleged that its talc-based products caused them to develop ovarian cancer; and Gogo, with the airplane wireless provider is taking a big hit as investors question the company’s new revamp plan.
Stocks in the green include Funko, as the toy company inked a deal to bring Pokémon figurines to Target this summer; Walmart on reports it’s looking to sell its Japan business: and RH, with shares of the home furnishing company getting a boost after saying it’ll limit its sourcing from China as tariffs loom.