LeadStory

CNBC

Why Netflix earnings are about how it plans to navigate its next chapter

CNBC · Just In
CNBC
CNBC
Just In

Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss Netflix's upcoming earnings results, if Netflix should complete the deal and much more.

Breakdown
  • Netflix shares fell after agreeing to buy Warner Brothers Discovery 8s
  • Earnings focus is on management's comments about the acquisition 27s
  • Analysts expect 16-17% revenue growth and about $12B in revenue 48s
  • Netflix is expanding into live events, podcasts, and live sports 2m 41s
  • Delta Airlines seen as a long-term buy after recent pullback 4m 11s