Categories: Business

Netflix slides as weak profit, ad outlook intensify investor anxiety

Oct 21 (Reuters) – Netflix shares dropped 6% in premarket trading on Wednesday after the company cut its full-year advertising forecast and issued a tepid fourth-quarter profit outlook, deepening

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

UK actor Noel Clarke pleads not guilty to six sexual offence charges

LONDON, Oct 21 (Reuters) - British actor and filmmaker Noel Clarke appeared in a London…

10 seconds ago

AT&T raises annual profit forecast on strong demand for bundled plans

Oct 21 (Reuters) - AT&T raised its annual adjusted profit forecast on Wednesday after beating…

2 minutes ago

LeBron James' new-look 76ers ruin Knicks' season-opening celebration

VIDEO SHOWS: HIGHLIGHTS FROM THE NEW YORK KNICKS V THE PHILADELPHIA 76ERS ON THE OPENING…

3 minutes ago

North Korea to activate anti-South loudspeakers along entire border in October

SEOUL, Oct 21 (Reuters) - North Korea will activate anti-South Korea propaganda loudspeakers along its…

7 minutes ago

Getty Images files for US bankruptcy, advances restructuring plan

Oct 21 (Reuters) - Getty Images filed for Chapter 11 bankruptcy on Wednesday, formalizing restructuring…

8 minutes ago

OpenAI president urges AI safeguards as group he funds opposes regulation

By Courtney Rozen WASHINGTON, Oct 21 (Reuters) - As OpenAI executives step up their public calls…

9 minutes ago