Reported about 7 hours ago
Netflix is set to report its third-quarter earnings, with investors keenly observing its advertising business and live content following a recent stock decline. Despite being up 40% year-to-date, shares are down 8% since June, amidst concerns about competition and growth. Analysts project revenues and earnings to rise significantly, fueled by popular events and new content, but caution surrounds the company's valuation, trading at a high premium. Recent controversies and emerging AI-driven competition add to the uncertainty.
Source: YAHOO