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Oleksandr Pylypenko

Nasdaq Futures Tick Higher on Upbeat Netflix Results, Powell Speech in Focus

Netflix United States Jerome Powell Tesla Inc. US Federal Reserve Christopher Waller Jefferies Philadelphia Fed

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.08% this morning as upbeat earnings results from Netflix overshadowed disappointing Tesla results while investors looked ahead to a speech by Federal Reserve Chairman Jerome Powell.

Netflix Inc (NFLX) surged about +13% in pre-market trading after the company reported stronger-than-expected Q3 EPS, posted its best subscriber growth in years, and confirmed it would start raising prices. At the same time, Tesla Inc (TSLA) slid over -5% in pre-market trading after the Austin-based company reported weaker-than-expected Q3 results.

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One subscription that gives you access to news from hundreds of sites

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