🐺 Earnings Season: Netflix and Tesla

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Before we dive in, here’s what stood out this week: earnings season kicks into gear with $TSLA ( ▲ 2.46% ) and $NFLX ( ▲ 1.33% ) , crypto shakes off one of its largest outflow days in months, and regional banks are trying to prove they’re stronger than the market thinks.

Tesla & Netflix Earnings this Week

All eyes are on Tesla and Netflix as both report this week. For Tesla, the key story is a reacceleration in U.S. deliveries, supported by improved logistics and steady Model Y demand. Analysts expect around $25.4B in Q3 revenue and EPS of $0.67, with margin trends and AI updates in focus.

Netflix, meanwhile, is projected to post $9.3B in revenue and EPS near $5.00, as its ad-supported tier and password-sharing crackdown continue to drive engagement. For those tracking these trends, the Perplexity Comet Browser has become a useful tool for real-time financial research… and they’re currently offering a free month of Perplexity Pro for new users.

Between Tesla’s delivery rebound and Netflix’s pricing power, these two earnings could anchor sentiment heading into next week’s heavy tech lineup.

Bitcoin & Ethereum Bounce After Major Outflows

Crypto saw its largest outflow day in months on Friday, October 10, with over half a billion dollars leaving Bitcoin and Ethereum-linked funds. The move briefly sent $BTC.X ( ▲ 0.58% )  down near $102K and $ETH.X ( ▲ 2.79% )  below $3,600, but both have since bounced… Bitcoin back above $109K and Ethereum reclaiming $4,000.

The quick recovery signals that long-term holders are defending key levels. The question now: can this momentum push $BMNR ( ▼ 2.41% ) toward new all-time highs, or was this just a reflexive bounce after overextended leverage was flushed out?

Eyes on Regional Banks, Signs of Stability

After a week of heavy outflows from the KRE ETF, regional banks found some footing as recent earnings calls suggested underlying strength.

JPMorgan’s CFO Jeremy Barnum said, “Credit quality remains exceptionally strong, with net charge-offs still below historical averages.”

Wells Fargo’s CEO Charlie Scharf echoed the same tone, noting that “Consumer and commercial credit continues to perform well, with delinquencies stable and losses modest.”

Despite earlier concerns around Zions and other smaller lenders, these comments helped ease fears of systemic weakness. If $KRE ( ▲ 1.6% ) can hold this week’s lows, we may be seeing the start of a broader reaccumulation phase in the regional banking trade.

Thanks for reading! Check out more content like this over on my X account.

Have a profitable rest of the week!

Disclaimer: Wolf Financial does NOT offer financial advice. All content provided is strictly for informational purposes. Wolf Financial is not registered as an investment, legal, or tax advisor, nor as a broker/dealer. Please be aware that trading any stock or crypto-related asset carries inherent risks and may lead to substantial capital losses.