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Oleksandr Pylypenko

Nasdaq Futures Slip as Netflix and Texas Instruments Earnings Disappoint, Tesla Results in Focus

Texas Instruments Netflix Instruments Tesla Inc. United States Donald Trump IBM Japan Michael Barr Xi Jinping

December Nasdaq 100 E-Mini futures (NQZ25) are trending down -0.27% this morning as investors digest disappointing results from Netflix and Texas Instruments.

Netflix (NFLX) slumped over -6% in pre-market trading after the streaming giant reported weaker-than-expected Q3 EPS. Separately, Texas Instruments (TXN) plunged more than -8% in pre-market trading after the analog chipmaker posted weaker-than-expected Q3 EPS and provided underwhelming Q4 guidance. Peers Microchip Technology (MCHP), NXP Semiconductors N.V. (NXPI), and ON Semiconductor (ON) fell over -2% in pre-market trading.

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