These Stocks Moved the Most Today: Netflix, Tesla, Texas Instruments, AT&T, Intuitive Surgical, Winnebago, GE Vernova, and More
Oct 22, 2025 05:42:00 -0400 by Joe Woelfel | #TechnologyTraders working at the New York Stock Exchange. (NYSE)
Key Points
- Netflix drops after third-quarter earnings miss estimates due to an unexpected tax dispute.
- Intuitive Surgical soars after exceeding third-quarter estimates and raising its da Vinci system growth forecast.
- Texas Instruments declines after issuing a disappointing fourth-quarter earnings forecast.
Stocks dropped Wednesday as investors focused on another round of corporate earnings reports and awaited results from electric-vehicle maker Tesla .
These stocks made notable moves Wednesday:
Netflix declined 10% after the streaming giant reported third-quarter earnings that missed Wall Street estimates. Netflix posted adjusted earnings of $5.87 a share, below expectations of $6.96, blaming an unexpected tax dispute in Brazil. Revenue of $11.5 billion matched expectations. Netflix said it had its best-ever quarter for ad sales and was on track to more than double revenue from that business in 2025.
Texas Instruments fell 5.6% after the semiconductor company issued a disappointing earnings forecast for the fourth quarter. Texas Instruments said it expects profit in the period of between $1.13 and $1.39 a share, which at the midpoint was below Wall Street consensus of $1.41. For the third quarter, its adjusted earnings of $1.48 a share missed consensus by 1 cent. Revenue of $4.74 billion topped expectations of $4.65 billion.
Tesla dropped 0.8% heading into its third-quarter earnings report, which was scheduled for after the closing bell Wednesday.
Wireless carrier AT&T said more customers than Wall Street expected had switched to its cellphone plans over the third quarter, while earnings and revenue for the quarter were in line with analysts’ estimates. The stock fell 1.9%.
Vertiv Holdings, the technology infrastructure company, posted third-quarter adjusted earnings that beat analysts’ forecasts and raised its full-year earnings expectations. Shares, however, declined 1.8%.
Amphenol gained 3.6% as the electric connector manufacturer posted better-than-expected third-quarter earnings and sales, which rose 53% from a year earlier to $6.2 billion. Amphenol cited strong organic growth in virtually all its end markets, “including exceptional organic growth in the IT datacom market, as well as contributions from the company’s acquisition program.”
GE Vernova , the power-generation equipment company, reported third-quarter earnings before interest, taxes, depreciation, and amortization of $811 million on sales of $10 billion, beating Wall Street forecasts on both metrics. Orders in the quarter rose 55% from a year earlier to $14.6 billion. The stock, however, declined 1.6%, reducing its gain this year to 75%.
Winnebago Industries surged 29% after the motor home manufacturer swung to a fourth-quarter profit as sales rose 7.8% to $777.3 million. The company said the gains were “primarily due to favorable product mix and targeted price increases, partially offset by higher discounts and allowances.”
Intuitive Surgical jumped 14% after the maker of robotic surgery systems posted third-quarter earnings that topped analysts’ estimates. The company also said it expects growth of its da Vinci robotic surgical system of between 17% and 17.5% this year, higher than its prior forecast for growth between 15.5% and 17%.
Mattel declined 2.8% after the toymaker’s third-quarter earnings and revenue fell short of expectations. North America sales declined 12% from last year, weighing on total sales, which fell 6%. CEO Ynon Kreiz said Mattel’s U.S. business “was challenged in the third quarter by industry-wide shifts in retailer ordering patterns.”
Newmont rose 0.8% after tumbling 9% on Tuesday, the miner’s largest daily percentage decrease in about a year, as gold prices sank. Front-month Comex gold for October delivery lost $43.30 per troy ounce on Wednesday, falling 1.1% to $4044.40. Gold futures were trading down 0.6% at $4,086 an ounce.
DraftKings rose 3.2% after the sports-betting site acquired prediction markets company Railbird Technologies and said it plans a mobile app that will allow users to trade contracts on the outcomes of events in finance, culture, and entertainment.
Earnings reports were also expected after the closing bell Wednesday from International Business Machines, SAP, Lam Research, Southwest Airlines, and Alcoa.
Write to Joe Woelfel at joseph.woelfel@barrons.com