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Today is Friday, July 17, 2026.
The Early Bird Index today is 86.27.
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Is Netflix Losing Steam? 🤔
Netflix $NFLX ( ▲ 0.91% ) fell 9.05% in after-hours trading on Thursday after the streaming giant posted mixed financial earnings results.
Financials: Netflix reported earnings of 80 cents per share in the past quarter, which were better than expected. But revenue was just $12.56 billion, which was lower than expected.
Details: While the company experienced double-digit growth in every geographic region, it was still a troubling quarter for Netflix. Viewership hours increased by just 2%. Free cash flow decreased due to the termination fee that Netflix had to pay when it ended its Warner Bros. Discovery $WBD ( ▲ 0.07% ) deal.
Powering the Story: Netflix projects earnings of 80 cents per share in the current quarter and revenue of $12.86 billion. Both were lower than expected.
Early Bird’s Nest Egg Gains: This is the slowest pace of growth in a year. Investors have been worrying that user engagement has softened and that the ad business is not yet growing as fast as hoped.
Final Thoughts: Shares of Netflix had already fallen 18% in 2026. The bad year continues for Netflix.
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Notables
Notable Earnings Today: Regions Financial (NYSE: RF), Fifth Third (NYSE: FITB), Autoliv (NYSE: ALV), Travelers (NYSE: TRV), South Plains Financial (Nasdaq: SPFI), Truist Financial (NYSE: TFC).
Notable IPOs Today: Disciplined Growth Acquisition Corporation (NYSE: DGAC), RMG ML Sports Holdings Class A Ordinary Shares (Nasdaq: SHOT), AMR Resources Acquisition Corp Units (Nasdaq: AMACU), Market Technology Acquisition Corp Unit (Nasdaq: MTAKU).
Notable Equity Crowdfunding Campaigns Ending Today: N/A.
Notable Economic Events Today: Export Price Index / Import Price Index (8:30 a.m. ET), Housing Starts (8:30 a.m. ET), Building Permits (8:30 a.m. ET), Industrial Production (9:15 a.m. ET), Michigan Consumer Expectations / Sentiment (10:00 a.m. ET).
Intuitive Surgical's Growth
Biotechnology company Intuitive Surgical $ISRG ( ▲ 3.44% ) plunged 10.79% in after-hours trading on Thursday, even though it had posted good financial earnings results.
Financials: Intuitive Surgical reported earnings of $2.80 per share in the past quarter and revenue of $2.89 billion. Both were better than expected.
Powering the Story: The company now projects sales for its robotic da Vinci surgical system to grow between 13.5% and 15.5% in 2026. Intuitive Surgical typically sees growth exceed 17%, so this represents a slowdown in growth.
Final Thoughts: The stock was already down 28.41% this year.
Alcoa’s Bad Results
Aluminum producer Alcoa $AA ( ▼ 3.56% ) posted bad financial earnings results on Thursday, sending the stock down 2.80% in after-hours trading.
Financials: Alcoa reported earnings of $2.12 per share in the past quarter and revenue of $4 billion. Both were lower than expected.
Final Thoughts: Investors of Alcoa can’t catch a break. The stock is in the red this year.
Trends to Watch
New Spot Crypto ETF: $1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF (CoinDesk)
Chipped: US chip and memory stocks slide in fresh bout of Wall Street tumult (Financial Times)
Delivering Growth: Uber’s $14.8B Delivery Hero deal would nearly double its global footprint (TechCrunch)
Buying Bitcoin: Bitcoin outlook improves amid 6% weekly gain: Can BTC bulls push higher? (Cointelegraph)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
