Stock Movers Closing Bell: Earnings Sink Netflix, Texas Instruments, Mattel
Oct 21, 2025
The hosts dive deep into Netflix's dismal earnings, notably affected by a tax dispute with Brazil, revealing a significant shortfall in revenue. Texas Instruments faces a gloomy outlook as the chip industry's recovery appears to stall, raising concerns over economic impacts. Meanwhile, Mattel contends with declining sales thanks to tariff-related delays ahead of the crucial holiday season. A potential merger and acquisition strategy for Netflix also sparks intriguing discussions about content IP growth, tying it to toy partnerships.
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Netflix Q3 Miss And Cautious Guide
- Netflix missed Q3 EPS and revenue was slightly light, revealing a modest earnings miss despite strong content performance.
- The company guided to the top end of its full-year revenue range but still disappointed on EPS, signaling cautious near-term outlook.
TI Signals Weakness In Chip Demand
- Texas Instruments missed Q3 EPS and guided revenue toward the low end of the next quarter's range, implying softer demand.
- Management signaled customers are slowing orders amid trade tensions and economic uncertainty, clouding the chip recovery narrative.
Brazil Tax Hit To Netflix Earnings
- Netflix recorded a $619 million payment to settle a multi-year Brazilian tax dispute that cut into third-quarter earnings.
- The company said it would have beaten forecasts if not for the Brazil tax expense, highlighting one-off impacts on results.