Good morning. Tesla and Netflix results, China steps up support for the yuan and Greece is suddenly booming. Here’s what people are talking about.
Tesla fell in late trading after saying its profitability declined in the second quarter and that successes were it is likely that he will continue to come. Elon Musk said the company would likely continue to cut electric vehicle prices if interest rates continued to rise. Meanwhile, Netflix forecast third-quarter revenue below Wall Street estimates, suggesting a crackdown on password sharing and a new level of advertising. do not deliver yet analysts predicted sales growth. The results disappointed investors, who sent shares lower in extended trading Wednesday evening.
