Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23

Published: Oct. 19, 2023, 2:34 p.m.

b'Carl Quintanilla, David Faber and Sara Eisen led off the show with market reaction to "Big Tech" earnings.\\nTesla shares fell sharply on a Q3 miss as price cuts weighed on profits. A different story for Netflix: Shares surged\\non news that the streaming giant added about nine million subscribers, posted a quarterly earnings beat and\\nannounced price hikes. The anchors also explored what to expect from Thursday\'s remarks by Fed Chair \\nPowell as the 10-year note yield continued its march toward 5%. Also in focus: The Israel-Hamas war, \\nEarnings winners and losers including AT&T and American Airlines, Nestle CEO and the "Ozempic effect."\\n\\nSquawk on the Street Disclaimer'