Tuesday preview: Netflix results in the spotlight.
Tuesday will bring a third-quarter production report from Anglo American and Q3 trading statements from Bunzl, XP Power and Sabre Insurance.
Source: Sharecast
In the US, quarterly results from GE Aerospace and Netflix are due.
As far as Netflix is concerned, AJ Bell analysts said the streaming giant has seen its shares languishing near 12-month lows on fears of decelerating growth and rising content costs, prompting the biggest job cuts in over four years.
"Netflix has a target of doubling advertising revenues in 2026, but the business appears to be scaling more slowly than some analysts expected, so investors will be hoping for confirmation that targets haven’t slipped," they said. "More positively, engagement has shown some improvement with viewing hours up in the first half, calming fears about rising competition from TikTok and YouTube.
"Having framed the failed Warner Bros acquisition as a ‘nice to have’ deal, investors will be hoping for a ‘Back to the Future’, organic growth strategy, after Netflix’s record Q2 share buyback."
On the macro front, the latest UK jobs data will be among the highlights, along with eurozone construction output figures for August and US pending home sales data for September.
Compare our accounts
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
