Two big earnings reports are on top. After the close.
It's been a busy week for you, my friend at the New York Stock Exchange.
What's on that?
That's right. So just when
Netflix are set to report after the market closes today,
the third quarter results as the season carries
on and results from the electric vehicle maker
should reveal how Tesla fared in the wake of ongoing price cuts for its cars.
They started toward the end of last year.
Its profitability has taken hit this year as Tesla has tried to improve demand for
vehicles
and then for Netflix,
the streaming services cracked down on password sharing is expected
to have boosted subscribers by 6 million last quarter.
Still, Netflix is expected to pave the way for more price increases which could come
when the Hollywood actors strike ends according to a report. So
something to watch out for consumers.
For investors, the stocks are heavily traded.
So it wouldn't be unusual to see a big swing in their stock prices after hours.