The Zhitong Finance App learned that the current rebound trajectory of global technology stocks is undergoing a major test during the earnings season, and the market's valuation differences over streaming giant NFLX.US (NFLX.US) are increasingly focused on whether the future growth path can be realized at an accelerated pace. On October 19, the semiconductor sector rebounded after nearly two weeks of adjustments. Shares of Micron and SanDisk, the two major memory chip leaders, rose sharply by about 3% and 5.5% respectively, outperforming the 1.7% increase in semiconductor ETF benchmark — ETF SOXX tracking the Philadelphia Semiconductor Index. However, after Netflix released earnings data for the third quarter on October 20, although profit for the third quarter exceeded expectations, the fourth quarter profit guidance given by management was weak and the annual advertising revenue forecast was lowered by nearly 6% to $64.66 after the market.

The Zhitong Finance App learned that the current rebound trajectory of global technology stocks is undergoing a major test during the earnings season, and the market's valuation differences over streaming giant NFLX.US (NFLX.US) are increasingly focused on whether the future growth path can be realized at an accelerated pace. On October 19, the semiconductor sector rebounded after nearly two weeks of adjustments. Shares of Micron and SanDisk, the two major memory chip leaders, rose sharply by about 3% and 5.5% respectively, outperforming the 1.7% increase in semiconductor ETF benchmark — ETF SOXX tracking the Philadelphia Semiconductor Index. However, after Netflix released earnings data for the third quarter on October 20, although profit for the third quarter exceeded expectations, the fourth quarter profit guidance given by management was weak and the annual advertising revenue forecast was lowered by nearly 6% to $64.66 after the market.