Netflix, Amazon, Amcor And A Consumer Defensive Stock: CNBC’s ‘Final Trades’

On CNBC’s “ Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named Netflix, Inc. (NASDAQ: NFLX ) as her final trade.

On the earnings front, Netflix reported mixed second-quarter results on July 16 and issued third-quarter guidance below estimates.

The streaming platform reported second-quarter revenue of $12.56 billion, up 13% year-over-year.

The revenue total missed a Street estimate of $12.59 billion, according to Pro.

Second-quarter earnings of 80 cents per share beat a Street consensus estimate of 79 cents per share.

Earlier this summer, Politico reported that Paramount Skydance (NASDAQ: PSKY ) accused Netflix of waging a "scorched-earth campaign" to derail its proposed acquisition of Warner Bros.

Discovery (NASDAQ: WBD ).

Paramount is framing Netflix’s opposition as self-interested competitive maneuvering, while pushing back against labor groups’ concerns that the deal could hurt Hollywood workers.

Don’t forget to check out our premarket coverage here Kevin Simpson, Capital Wealth Planning founder and CIO, picked Amazon.com, Inc. (NASDAQ: AMZN ).

Lending support to his choice, Amazon, on July 30, reported second-quarter revenue of $200.61 billion, beating the consensus estimate of $196.46 billion, according to Pro.

The company posted second-quarter earnings of $5.75 per share, beating analyst estimates of $1.82 per share.

Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said Amcor plc (NYSE: AMCR ) has a 5.4% yield.

Amcor will announce its fiscal 2026 fourth quarter earnings before the opening bell on Wednesday, Aug.

12.

Analysts expect the company to report quarterly earnings of $1.19 per share on revenue of $6.08 billion.

Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, recommended The Estée Lauder Companies Inc. (NYSE: EL ).

Jefferies analyst Sydney Wagner, on July 28, maintained Estee Lauder with a Hold rating and raised the price target from $80 to $88.

Price Action Netflix shares gained 0.6% to close at $74.14 on Friday.

Amazon shares gained 0.8% to settle at $274.48 during the session.

Amcor shares rose 1.7% to close at $47.86 on Friday.

Estée Lauder shares gained 3.4% to settle at $88.35.

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