Earnings live updates: Netflix stock sinks, Alcoa earnings reflect war's toll, regional banks report

The live earnings roundup highlights the start of Q1 earnings season and its market impact. Netflix (primary) beat Q1 revenue and EPS but issued softer Q2 guidance, sending the stock down about 8% in after-hours trading and prompting board changes (Reed Hastings leaving). Big banks and asset managers (Goldman, JPMorgan, Citigroup, Wells Fargo, BlackRock, Bank of America, Morgan Stanley) are reporting results this week, with many beating estimates and supporting the view that earnings — not macro headlines — remain the primary long-term market driver. Other notable reports: ASML raised its revenue forecast on AI-driven chip demand, PepsiCo and Abbott beat estimates, and TSMC raised guidance. FactSet/analysts expect the S&P 500 to post a sixth consecutive quarter of double-digit earnings growth. Overall, company beats are providing near-term support, but mixed guidance and geopolitical risks (Middle East) are creating pockets of downside and volatility.