Netflix already reported quarterly results and set an all-time intraday high this week. Amazon, Alphabet report after the close today. Apple, Facebook, Tesla wrap up MOJO earnings next week.
True driving force behind this market remains earnings, says Jim Cramer, but don't ignore the impact of tax reform -- if it happens.
Media stocks have outperformed the market since the inauguration of Donald Trump, with TV station owners led by Sinclair Broadcasting pacing the sector.
In light of subscriber declines and changing viewer habits, the sports giant is laying off about 100 on-air commentators, producers and writers.