
"Let's talk about Netflix. Down 10% today. Biggest decline going back to April of 2022. Is after we learned about a tax dispute with Brazil cutting into third quarter earnings."
The speaker notes that Netflix fell 10% on the day, marking its steepest decline since April 2022 due to a tax dispute with Brazil. This commentary flags a potential catalyst impacting third quarter earnings, suggesting caution for investors.
Closing Bell: Hilton Closes Higher, Tesla Earnings Fall Short, IBM Posts Lukewarm Growth | Stock...
October 22, 2025
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