WSJ US BusinessWeak Earnings Reports Aren’t Fazing Investors

July 24, 20220

Netflix shares rallied even after the streaming giant reported that it had lost nearly a million subscribers in the second quarter.

Photo: robyn beck/Agence France-Presse/Getty Images

After a punishing start to the year, the S&P 500 has climbed nearly 5% in July. Even some companies that have posted sharply lower quarterly results have seen their shares rally in the following days.

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