Closing Bell: Choppy session, Netflix soars, Palantir & Hertz CEOs on partnership 10/19/22
Stocks closed mostly lower after an up-and-down session, as investors weighed strong earnings against rising yields and weaker data. Katie Stockton from Fairlead Strategies joins with her call for a multi-week relief rally. Netflix was a major outperformer following blowout earnings and subscriber numbers. Macquarie analyst Tim Nollen breaks down how the company’s ad-tier could impact future results. Meantime Palantir and Hertz announced a partnership to use data to improve the rental car experience. The CEOs of both companies join exclusively to explain the deal. And the CEO of Citizens Financial Group discusses the plunge in mortgage demand and the impact on regional banks.
October 19, 2022
43 min
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307 of 2,295
October 19, 2022
Closing Bell: Choppy session, Netflix soars, Palantir & Hertz CEOs on partnership 10/19/22
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Episode 307 of 2,295 — walk the feed in the order it was published.
43:14This episodeClosing Bell: Choppy session, Netflix soars, Palantir & Hertz CEOs on partnership 10/19/22
Summary
Stocks closed mostly lower after an up-and-down session, as investors weighed strong earnings against rising yields and weaker data. Katie Stockton from Fairlead Strategies joins with her call for a multi-week relief rally. Netflix was a major outperformer following blowout earnings and subscriber numbers. Macquarie analyst Tim Nollen breaks down how the company’s ad-tier could impact future results. Meantime Palantir and Hertz announced a partnership to use data to improve the rental car experience. The CEOs of both companies join exclusively to explain the deal. And the CEO of Citizens Financial Group discusses the plunge in mortgage demand and the impact on regional banks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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