European Stock Markets Mixed as Tech Sector Faces Weak Cues from Wall Street
European stock markets show mixed trends as investors assess corporate earnings, with the tech sector under pressure due to weak cues from Wall Street.
Netflix
Netflix Disappoints Wall Street with Q2 Revenue Miss, Shares Tumble
Netflix’s second-quarter revenue falls short of analyst estimates, leading to a nearly 9% drop in after-hours trading.
Netflix’s Crackdown on Password-Sharing Attracts 5.9 Million New Subscribers
Netflix’s calculated crackdown on password-sharing proved successful, resulting in a significant influx of 5.9 million new subscribers worldwide, according to the company’s second-quarter earnings report.
“Wall Street Earnings Expectations: Goldman Sachs, ASML, Tesla, J.B. Hunt, and Netflix”
Wall Street analysts anticipate earnings reports from Goldman Sachs, ASML Holding, Tesla, J.B. Hunt Transport, and Netflix.
“S&P 500 Rises on Strong Bank Earnings, Dow Extends Gains to Record Highs”
The S&P 500 closed higher following robust bank earnings, while the Dow marked its seventh consecutive session of gains, reaching its highest level since April 2022.
“Wedbush Analyst Reiterates Outperform Rating for Netflix, Expects Strong Cash Flow Generation and Profitability”
Wedbush analyst Michael Pachter maintains an Outperform rating on Netflix, highlighting the company’s potential to generate substantial free cash flow and improve profitability.
Netflix Stock: A Lucrative Investment Since the “Love is Sharing a Password” Tweet
Want to know how much you could have made if you invested $1,000 in Netflix stock six years ago?
