Tech Giants and Crypto: What's Moving the Market?

This week, two big tech companies, Tesla and Netflix, are sharing their financial results. People are watching Tesla closely because they want to see if the company can keep up its fast car deliveries in the U. S. The Model Y is popular, and the company has been improving how it gets cars to customers. Experts think Tesla might make about $25. 4 billion this quarter, with each share earning around $0. 67. They also want to hear about any new AI updates and how the company is handling its profits. Netflix is also in the spotlight. The company is expected to make about $9. 3 billion this quarter, with each share earning near $5. 00. Netflix has been making changes, like adding ads and stopping people from sharing passwords, to get more money from viewers. These changes seem to be working, as more people are using the service. Meanwhile, the crypto world saw a big shake-up last Friday. Over half a billion dollars left Bitcoin and Ethereum funds in one day. This caused Bitcoin to drop near $102, 000 and Ethereum to fall below $3, 600. But both have since bounced back, with Bitcoin now above $109, 000 and Ethereum back over $4, 000. This quick recovery shows that long-term investors are still supportive. The big question now is whether this bounce will last or if it was just a short-term fix. Regional banks have also been in the news. After a rough week, they seem to be stabilizing. Recent reports from big banks like JPMorgan and Wells Fargo show that people are paying back their loans on time. This good news has helped ease some worries about the banking industry. If things keep looking up, we might see more people investing in regional banks.