Closing Bell Overtime: Netflix Reports Q2 Numbers With An Update On Its Ad Business; Managing Red vs. Blue Portfolio 7/18/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 18 July 2024
⏱️ 43 minutes
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| 0:00.0 | That bell marks the end of regulation. |
| 0:02.4 | United Wholesale Mortgage ringing the closing bell of the New York Stock Exchange, Hudson River Park, |
| 0:07.1 | doing the honors at the NASDAQ, and stocks lower across the board today, |
| 0:11.2 | though NASDAQ outperforming the index's worst day since |
| 0:15.3 | 2022. |
| 0:16.6 | That was yesterday, and while small caps got hit the hardest for a change, that's a scorecard |
| 0:21.4 | on Wall Street but winter stay late |
| 0:22.9 | welcome to close about overtime I'm John Fort with Morgan Brennan well Netflix |
| 0:27.3 | results already out we're already going through them for you that's going to kick off |
| 0:30.6 | big tech earnings after a major rally so far in 2024 in that name. |
| 0:36.0 | We're going to bring you those results momentarily. |
| 0:39.0 | And we've got a great lineup to analyze those results, including content expert Ben Silverman and the CEO of |
| 0:44.6 | ad tech company and Netflix partner double verified. Plus market strategist |
| 0:49.1 | Julian Emanuel joins us to break down the sectors that would benefit from a Democrat or Republican |
| 0:55.5 | win in the 2024 election as questions swirl about Biden's future and Trump |
| 1:00.7 | gets ready to speak at the RNC this evening. |
| 1:03.4 | As we await Netflix results, let's bring in our panel, Paul Hickey of the Spoke Investment Group |
| 1:08.1 | and Mark Mahaney of Ebercore ISI, Mark covers Netflix with an outperform rating, $700 price target Mark. |
| 1:17.0 | Hold on, those results are out. |
| 1:19.6 | So before I go to you guys, let me get Julia Borstin on those Netflix results |
| 1:23.0 | Julia. Netflix beating on the top and bottom line reporting earnings per share of |
| 1:27.3 | $4.88 that's ahead of estimates of $4.74. |
... |
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