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Weekly Wrap 24 October
Record sales couldn’t save Nasdaq listed Tesla and Netflix from steep share price falls this week, as the companies navigated everything from expiring tax credits and global regulatory risks to intense competition. Meanwhile, the ASX200 posted a 0.39% slide (Mon – Thurs), as a slump in materials stocks weighed on market gains.
In this week’s wrap, Grady covers:
- (0:26): why Tesla’s latest results show record sales but falling profits
- (1:10): why Netflix missed third- quarter expectations
- (2:02): how Coco-Cola is navigating the tough market environment
- (2:49): earnings results from Woodside, Adairs & Air New Zealand
- (5:13): how the ASX200 performed this week so far
- (5:53): the most traded stocks & ETFs by Bell Direct clients
- (6:22): economic news items to watch out for.
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