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Netflix, Palo Alto And An Energy Stock On CNBC's 'Final Trades'

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Netflix, Palo Alto And An Energy Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Blue Line Capital’s Bill Baruch named Netflix, Inc. (NASDAQ:NFLX) as his final trade.

On the earnings front, Netflix, on July 17, reported upbeat second-quarter financial results and raised full-year revenue guidance. Netflix reported second-quarter revenue of $11.08 billion, up 16% year-over-year. The streamer’s revenue total beat a Street consensus estimate of $11.04 billion according to data from Benzinga Pro. The company reported second-quarter earnings per share of $7.19, beating a Street consensus estimate of $7.06.

See Also: Here’s What Netflix Does Better Than Apple, Meta And Google

Jason Snipe, Founder & Chief Investment Officer, Odyssey Capital Advisors, said he likes Palo Alto Networks, Inc. (NASDAQ:PANW), adding that he likes CyberArk Software Ltd. (NASDAQ:CYBR) acquisition, which is expected to be accretive to the stock in the long run.

On July 30, Palo Alto entered into a definitive agreement with CyberArk to acquire the identity security company. Shareholders of CyberArk will receive $45 in cash and 2.2005 shares of Palo Alto common stock for each CyberArk share held for an approximate equity value of $25 billion.

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Jim Lebenthal, partner at Cerity Partners, said Transocean Ltd. (NYSE:RIG) is a very high beta energy play.

Transocean report earnings for the second quarter on Monday, Aug. 4, 2025. Analysts expect the company to report a quarterly loss at 2 cents per share, versus a year-ago loss of 15 cents per share.

Price Action:

  • Netflix shares slipped 0.1% to close at $1,158.60 on Friday.
  • Palo Alto shares fell 0.4% to close at $172.88 during the session.
  • Transocean shares fell 3.4% to settle at $2.82.

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Image: Shutterstock

 

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Posted-In: Bill Baruch CNBC Halftime Report Final TradesLong Ideas News Markets Media Trading Ideas

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