Netflix Revenue Growth Forecast Slows as Advertising Sags
Netflix (NFLX) reported third-quarter revenue of $12.9 billion in line with Wall Street estimates, but projected a fourth consecutive quarter of slowing sales growth alongside a $300 million shortfall in its advertising business. Traders weighed the fourth-quarter sales forecast of $13.4 billion against persistent growth headwinds, driving the stock down 6% on Wednesday, October 21, 2026.
Tariffs & trade: Tariffs hit importers/retail and can lift domestic industrials; China ADRs sensitive.