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Netflix, Tesla and IBM halt the Nasdaq's rise
Netflix, Tesla and IBM halt the Nasdaq's rise

Netflix, Tesla and IBM halt the Nasdaq's rise

The Q2 earnings reports for Netflix, Tesla and IBM and the first half of 2023 were lower than forecasted. Netflix's quarterly revenue didn't reach the $8.3 billion analysts had predicted. Tesla's earnings report showed a decline in the electric vehicle manufacturer's margins. IBM's revenue fell by 0.4%. The drop in these tech giants' stock prices and anticipation that the US Fed will raise interest rates on Wednesday are causing stocks in the Nasdaq to fall.

NASDAQ-100

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Risk Warning: Trading in financial instruments is a risky activity and can bring not only profits, but also losses. The amount of possible losses is limited by the amount of the deposit.

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