NFLX is set to nosedive on a surprise drop in subscribers
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| | | 7/18/2019 | |
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| Dow Signals Third Straight Loss on IBM, Netflix Earnings | | By Lillian Currens | | Dow Jones Industrial Average (DJI) futures are signaling their third day in the red, with UnitedHealth Group (UNH) and IBM (IBM) stocks lower after earnings. Nasdaq-100 Index (NDX) futures are also lower, with FAANG concern Netflix (NFLX) set to nosedive on a surprise drop in second-quarter subscriber rates and sluggish international membership growth. Elsewhere, Treasury Secretary Steven Mnuchin commented that "complicated issues" remain on the trade front with China, but that he and U.S. Trade Representative Robert Lighthizer will have a phone call with Chinese representatives today. Continue reading for more on today's market, including: | | >> Continue reading... | |
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