Already a volatile stock during corporate earnings season, Netflix Inc. is likely to be even more so in the future after a decision made by the streaming service’s executives.
Full earnings coverage: Netflix CEO says ‘thank God we’re done with shrinking quarters’ after first growth of 2022 There are multiple problems with that plan, starting with the fact that anytime a company stops reporting or guiding on a metric that Wall Street relies on, you can bet that it’s because the number is not going to be good, or is in decline.Focusing on revenue is not great for Netflix investors right now either, considering its year-over-year revenue growth in the third quarter was the lowest Netflix has ever reported, at 6%.
“Without guidance, some would have been at 6 million for the quarter they just reported, but others would have been at a loss, since they lost subscribers in both March and June 2022,” Pachter said.
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tpoletti Added users in one quarter after losses.. stranger things have happened if that reverses next quarter..
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Stock Market Today: S&P 500, Dow Futures Rally Ahead of Netflix EarningsStock futures rallied as investors eyed another batch of big-name earnings. Follow the latest markets updates.
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10-year Treasury yield hovers around 4% as stock markets rally on solid earningsThe yield on the benchmark 10-year Treasury dipped on Tuesday, but remained close to the 4% mark, as stock markets rallied off the back of strong earnings.
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Dow closes up more than 300 points as strong earnings boost stocks in choppy marketStocks rose for a second straight session on Tuesday as strong corporate earnings reports helped extend a rally to start the week. The Dow rose 1.13%. The S&P 500 gained 1.16%. The Nasdaq was up 0.90%. 31020 intraday high of 09/21/22 must be recaptured 30454 intraday high of 10/05/22 must be defended so that we can argue and substantiate that we have in fact experienced something like a short-term trend reversal in the DowJones DJIA DJI $DJI $DJIA buy buy buy!
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Stock Market News: Dow Futures Rise After Bank of America EarningsFutures rose after Bank of America's earnings, and investors cheered the U.K.'s U-turn on economic policies. Follow our live markets coverage.
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Stock Market Today: Dow Opens 400 Points Higher Ahead of Netflix EarningsThe Dow rose more than 600 points at the open, boosted by upbeat earnings and an easing of turmoil in U.K. markets Some say the stock market is a sham…the feeding of greed to those who create nothing. Who live off the creations of others. Parasites if you will. Market experts will tell you you’re wrong and that these people fund that ingenuity, then they go back to eating souls. Market buoyed on the back of Inflation driven Earnings. Realistic, Arrogant or Insight?
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