Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery
Netflix, Earnings, FAANG, Tech and Nasdaq 100 Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 Netflix reported an EPS of $0.12 versus $0.42 expected on revenue that was very close to matching analyst forecasts with $8.17 billion The ability for this company’s performance to influence a broader earnings season swell – […]
The case for additional labor market weakness is clear – Wells Fargo
On Friday, the US official employment report will be released. Market consensus is for an increase in payroll by 200K. Analysts at Wells Fargo point out the demand for workers has started to roll over. They argue job openings and hiring plans have declined since the start of 2022, and the trend in layoffs is […]