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Netflix and Tesla have reported their Q3 earnings results, with both companies showing strong performance. Netflix's revenue increased by 7.8% year-over-year to $8.54 billion, beating estimates, and its global paid memberships grew by 10.8% to 247.15 million. This news caused Netflix's stock to jump over 9%. Tesla, on the other hand, has historically seen a one-day gain of 4.66% on its Q3 earnings reaction days since going public. The company's price-cutting strategy is being questioned following its Q3 earnings report. Both Netflix and Tesla's earnings results have made headlines in business and finance this week.
WATCH: From Netflix’s big subscriber additions to Tesla’s slowing revenue growth, these are some numbers that made headlines in business and finance this week $TSLA $NFLX https://t.co/lJma3UGwEA
From Netflix’s big subscriber additions to Tesla’s slowing revenue growth, these are some numbers that made headlines in business and finance this week $TSLA $NFLX https://t.co/Nbm7b7nOHt
This week’s round-up of the big stories in business and finance includes Netflix's bounce back, Tesla’s slowdown, George Clooney’s offer and more $TSLA $NFLX https://t.co/R32goqEivy
Last year at on this exact day, the “market” was anticipating 2023 earnings at Tesla of $5.92. The $TSLA faithful had even higher expectations. Today, I expect that FY number will be just $3.10. A thread.
Tesla Reports Q3 Earnings: Did the Price-Cutting Strategy Fail? @davidmoadel https://t.co/JqN8pmznZN $TSLA
$NFLX | Netflix Stock Soars Following Q3 Results: EPS Beat, Revenue Beat, Strong Subscriber Growth https://t.co/DTKgia6QEw
Netflix reports Q3 revenue up 7.8% YoY to $8.54B, vs. $8.54B est., and global paid memberships up 10.8% YoY to 247.15M, vs. 243.88M est.; NFLX jumps 9%+ (@sarahwhit10 / CNBC) https://t.co/TYAU9Ux3AM 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/My5ORwboh2
$TSLA Initial reaction to Tesla earnings this afternoon?
Earnings tomorrow: $TSLA Tesla $NFLX Netflix $MS Morgan Stanley $PG P&G
Tesla $TSLA reports Q3 earnings tomorrow after the close. The stock has averaged a one-day gain of 4.66% on its 13 Q3 earnings reaction days since going public. No other quarter has seen similar gains. https://t.co/g3BO5OdhkZ
Hey friends! 😃 This is a really, really busy week for earnings, with tomorrow kicking it into full swing! We take a look at $TSLA, $NFLX, $TSMC and many other companies and sectors. Check out this FREE earnings preview, courtesy of @AyeshaTariq and I. https://t.co/awd96KMd6w https://t.co/ibUUXgGWgz
Which earnings report are you looking forward to most this week? Tesla $TSLA Netflix $NFLX Other 🤨
$TSLA $NFLX | Tesla, Netflix Grab Earnings Spotlight This Week As Analysts Divided On Q3 Reporting Season: What's On Investors' Radar?