Posted 10/19/2023, 5:10:14 PM
Stocks Mixed as Powell Notes High Inflation; Tesla, Netflix, American Airlines Move on Earnings
- U.S. stocks waver as Fed Chair Powell says inflation remains too high
- Tesla shares tumble on falling demand, price cuts hurting profit and sales
- Netflix stock soars as streaming service adds subscribers, hikes prices
- Discover shares sink as credit card delinquencies rise, profit plunges
- Genuine Parts stock falls on revenue miss, flat same-store sales
- American Airlines gains on earnings beat, strong holiday bookings
- Amazon jumps on analyst comment about possible Q4 stock rise
:max_bytes(150000):strip_icc()/GettyImages-14750560341-7727b948c1f547959172f4a671921843.jpg)