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CNBC Fast Money July 13, 2024

And tony dwyer leaves the pen. Staying now is time to take profits. We tell you what has him a bit nervous. All that ahead we begin with earnings alerts on ibm and netflix. Both stocks on the move after reporting numbers. Both stocks moving higher. As always full Team Coverage standing by to break down the big moves. Julia boorstin digging in on netflix. Lets begin with deidre bosa. A green on the screen for big blue. Ending the streak of declining year over year revenues five quarters that have but is it too soon to call a turn around . Remember we saw recovery in 2018 but didnt last. The revenue grew a 10th of the . And shares popping because expectations were so low and now gains up lower than 4 a sustained turn around will depend on the bet on hybrid cloud and the 33 billiondollar red hat acquisition. There are early signs of promise. Cloud revenue hitting 8. 6 billion comprising 30 of revenue. Ahead of the report ibm saw downg ....

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