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Market Turmoil as Earnings Disappoint: Netflix, Texas Instruments, and Intuitive Surgical in Focus

Market Turmoil as Earnings Disappoint: Netflix, Texas Instruments, and Intuitive Surgical in Focus

Author:

Global Cryptocurrency

Published:

2025-10-22 16:57:01

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BTCCSquare news:

U.S. equities faced downward pressure Wednesday as earnings season delivered mixed results. The Dow, S&P 500, and Nasdaq all retreated amid a wave of corporate disappointments.

Netflix led the decliners after missing profit estimates, with a Brazilian tax dispute weighing on performance. Texas Instruments followed suit, its subdued outlook reflecting slower-than-expected semiconductor recovery.

Intuitive Surgical emerged as a bright spot, its surgical robots driving both earnings beats and raised guidance. DraftKings gained ground through strategic acquisition, while Avery Dennison rallied on strong results and a Walmart partnership.

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