Wall Street experienced a decline on Wednesday as investors processed Netflix's latest earnings results. Attention now shifts to Tesla's upcoming report, raising questions about the tech sector's future.
Netflix's Q3 earnings took a hit from an unexpected $619 million tax expense in Brazil, causing the stock to drop over 6%. CFO Spencer Neumann explains the unusual tax implications and future outlook.
Netflix is set to reveal its first-quarter earnings, marking a strategic shift away from disclosing subscriber data. Investors are keen to learn how tighter consumer spending might affect subscriptions amid a tumultuous market for traditional media.
