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Paolo Pescatore

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  1. 21 Oct
    Netflix issues weak fourth-quarter profit forecast, shares fall after hours

    Netflix forecast lower-than-expected fourth-quarter net income and EPS, and its shares fell more than 5% in after-hours trading. The company also cut its 2026 advertising revenue outlook, citing slower-than-expected ad product rollouts and increased competition from platforms like YouTube and TikTok.

    Business · 1 source

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