Netflix Shares Fall most Since 2022 as Tax Hit Spooks Investors

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps Netflix earnings. Netflix Inc. shares fell after a tax dispute with Brazil cut into third-quarter earnings and raised growth concerns among investors.-John Butler, Bloomberg Intelligence Senior Telecom Analyst, discusses AT&T earnings. AT&T Inc. reported revenue that fell slightly short of analysts’ estimates in the third quarter due to a heavy promotional campaign.-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses Mattel earnings. Mattel Inc. shares fell after the company reported third-quarter sales and earnings that missed analysts’ estimates due to US retailers delaying orders over uncertainty about President Donald Trump’s tariff policies.-Jody Lurie, Bloomberg Intelligence Credit Analyst, discusses Hilton earnings. Hilton Worldwide Holdings Inc. shares climbed Wednesday after the company boosted the lower-end of its full-year outlook for expanding its hotel network. See omnystudio.com/listener for privacy information.