SQUAWK BOX, THURSDAY 20TH JULY, 2023
from Squawk Box Europe Express
Tesla shares dive in extended trade after price war pressures hit Q2 margins. However, CEO Elon Musk shrugs off recession fears to forecast stellar growth for the EV maker. Netflix sees subscriptions beat estimates in Q2 following a crackdown on password-sharing. However, a miss on guidance sends shares lower in after-hours trade. Goldman Sachs endures a bruising Q2 posting its lowest quarterly profit in 3 years as deal-making slumps.
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This episode is 26 minutes long.
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This episode was published on July 20, 2023.
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