Consensus expectations are high, and the company has no room for error.Tech stocks, the engine of the recent bull market, are now in the spotlight as Q2 earnings season heats up. All eyes are on Netflix coming in at $633.44, or 2.2% below the current price.Netflix is therefore approaching its earnings release at fairly high levels, and analysts' expectations in terms of profits and revenues are also high, implying that the balance of risks is tilted to the downside.
What's more, beyond the influence of the results on Netflix's share price, this publication could also have an impact on the technology sector in general, given that optimism is already starting to wane, withThis summer, get exclusive discounts on our subscriptions, including annual plans for less than $8 a month!Disclaimer:
This article is for information purposes only; it does not constitute a solicitation, offer, opinion, advice or investment recommendation, and is not intended to induce the purchase of assets in any way.I would like to remind you that any type of asset is evaluated from multiple angles and presents a high risk. Consequently, any investment decision and the associated risk rests with the investor.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »