Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23
Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23

Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23

The Rock

38 min
News
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<p>Carl Quintanilla, David Faber and Sara Eisen led off the show with market reaction to "Big Tech" earnings.</p><p>Tesla shares fell sharply on a Q3 miss as price cuts weighed on profits. A different story for Netflix: Shares surged</p><p>on news that the streaming giant added about nine million subscribers, posted a quarterly earnings beat and</p><p>announced price hikes. The anchors also explored what to expect from Thursday's remarks by Fed Chair </p><p>Powell as the 10-year note yield continued its march toward 5%. Also in focus: The Israel-Hamas war, </p><p>Earnings winners and losers including AT&T and American Airlines, Nestle CEO and the "Ozempic effect."</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>

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Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23 - Listen Free | WowFM