Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada. Its International segment markets and sells toy and game products primarily in the Europe, the Asia Pacific, and Latin and South American regions. The company's Entertainment, Licensing and Digital segment engages in consumer products licensing, digital gaming, Hasbro legacy movie, and television entertainment operations. Its eOne segment acquires, finances, develops, produces, distributes, and sells entertainment content, including film, television, and music, as well as family programming, merchandising and licensing, digital content, and live entertainment. The company offers its products primarily under the MAGIC: THE GATHERING, MY LITTLE PONY, NERF, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, POWER RANGERS, PEPPA PIG, and PJ MASKS brands, as well as through premier partner brands. The company sells its products to wholesalers, distributors, chain stores, discount stores, drug stores, mail order houses, catalog stores, department stores, and other traditional retailers, as well as e-commerce retailers; and directly to customer through Hasbro PULSE e-commerce website. Hasbro, Inc. was founded in 1923 and is headquartered in Pawtucket, Rhode Island.
IPO Year:
Exchange: NASDAQ
Website: hasbro.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/16/2024 | $85.00 → $90.00 | Buy | BofA Securities |
| 6/14/2024 | $70.00 → $80.00 | Neutral → Buy | BofA Securities |
| 5/23/2024 | $61.00 → $74.00 | Neutral → Overweight | JP Morgan |
| 4/25/2024 | $60.00 → $75.00 | Buy | Monness Crespi & Hardt |
| 1/2/2024 | $60.00 → $53.00 | Buy → Neutral | DA Davidson |
| 10/27/2023 | $90.00 → $53.00 | Buy → Neutral | BofA Securities |
| 10/20/2023 | $62.00 | Neutral | Citigroup |
| 9/27/2023 | $84.00 | Overweight | Morgan Stanley |
| 8/25/2023 | $79.00 → $94.00 | Buy | Stifel |
| 8/22/2023 | $85.00 → $90.00 | Buy | BofA Securities |
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Fireside Chat to be Webcast Live Hasbro, Inc. (NASDAQ:HAS) today announced that Gina Goetter, Hasbro's Chief Financial Officer and Chief Operating Officer and Tim Kilpin, Hasbro's President Toys, Licensing and Entertainment will participate in the Morgan Stanley Global Consumer and Retail Conference on Wednesday, December 4, 2024 at 8:45 AM Eastern time. Presentation times are subject to change. Please contact the conference host firm for additional details. The webcast will be available on Hasbro's Investor Relations home page at https://investor.hasbro.com. For those unable to listen to the live webcast, an archive of the presentation will be available on the Company's website for a
TORONTO, Nov. 11, 2024 /CNW/ - Prepare to meet your destiny in a unique fantasy adventure where thrills and magic collide. VIBRANT Studios, under license from Hasbro and its Wizards of the Coast division, invites you to dive into the World's Greatest Roleplaying Game® in a completely new way with DUNGEONS & DRAGONS: The Immersive Quest. This new interactive experience will take place across from Square One Shopping Centre in Mississauga. Tickets are now available at dndimmersive.com. DUNGEONS & DRAGONS: The Immersive Quest offers a groundbreaking fantasy experience, designed t
Maintains Full Year EBITDA Guidance & Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the third quarter 2024. "Outperformance within our gaming and licensing businesses in the third quarter highlights the strength in two of our highest profit areas," said Chris Cocks, Hasbro Chief Executive Officer. "Our key initiatives around digital, licensing and reinvigorating our product innovation are bearing fruit." "We continue to execute our turnaround efforts and are poised to finish the year with improved profitability, cash flow and operational rigor," said Gina Goetter, Hasbro's Chief Financial Officer. Third Quarte
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's third quarter financial results will be released before the market open on Thursday, October 24, 2024. Hasbro will webcast its third quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hoste
Putting Imagination Insights into Action, the PLAY-DOH Brand is Rolling Out an Imagination Curriculum Through In-Person School Programs and Digital Content for Audiences in the United States and Canada Download Assets HERE In celebration of World PLAY-DOH Day, Hasbro Inc., a leading toy and game company, today announces PLAY-DOH Kids Can, an all-new campaign that empowers kids to harness their imagination as a superpower. With the mission of providing limitless resources to make imagination accessible and fun for all, the PLAY-DOH brand encourages boundless, open-ended play to equip kids with the imaginative power to turn dreams into reality and mistakes into possibilities. This press rel
Event registration is now open; dynamic program for virtual event includes launch of Hasbro Women Innovators of Play Challenge Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, continues its commitment to investing in the next wave of female innovators with Hasbro's Women Innovators of Play, an annual, free event held virtually on October 10, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240909935914/en/Dr. Becky Kennedy Headlines Second Annual Hasbro Women Innovators of Play virtual event (Photo: Business Wire) Hasbro announced a dynamic lineup of 2024 speakers, including: Dr. Becky Kennedy, Clinical Psycholog
Fireside Chat to be Webcast Live Hasbro, Inc. (NASDAQ:HAS) today announced that Chris Cocks, Hasbro's Chief Executive Officer and Gina Goetter, Hasbro's Chief Financial Officer will participate in the Goldman Sachs Communacopia and Technology Conference on Tuesday, September 10, 2024 at 12:30 PM Eastern time. Presentation times are subject to change. Please contact the conference host firm for additional details. The webcast will be available on Hasbro's Investor Relations home page at https://investor.hasbro.com. For those unable to listen to the live webcast, an archive of the presentation will be available on the Company's website for approximately 30 days. About Hasbro Hasbro is
Company Reports Growth in Profit and EPS in the Quarter and Raises Full Year Guidance Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the second quarter 2024. "We delivered a solid performance in games and digital licensing and substantial margin improvement this quarter," said Chris Cocks, Hasbro Chief Executive Officer. "Hasbro is emerging as a more profitable, agile, and operationally excellent company delighting fans of all ages through the magic of play." "We continued to make meaningful progress in our turnaround for Consumer Products in the second quarter," said Gina Goetter, Hasbro Chief Financial Offi
John Hight Joins as President of Wizards of the Coast Holly Barbacovi Joins as Chief People Officer Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today announced the appointment of two leaders to its Executive Leadership Team. John Hight will join as President of Wizards of the Coast and Digital Gaming, and Holly Barbacovi will take on the role of Chief People Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717242929/en/John Hight (Photo: Business Wire) John Hight, a gaming industry titan, joins Hasbro as President of Wizards of the Coast and Digital Gaming. John previously served as Senior Vice Preside
IT Expert Dan Shull Appointed Chief Digital Information Officer Stephanie Beal Promoted to Chief Supply Chain Officer Dan Rawson to Lead Direct and e-commerce Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, announced three senior appointments today to build on the company's digital transformation and ongoing turnaround efforts. Dan Shull will join Hasbro as Chief Digital Information Officer, Stephanie Beal has been promoted to Chief Supply Chain Officer, and Dan Rawson is taking on an expanded role overseeing Direct and e-commerce, as well as continuing as Global Play Lead for DUNGEONS AND DRAGONS and RPGs. Stephanie Beal and Dan Rawson's new roles are effective immediately, an
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BofA Securities reiterated coverage of Hasbro with a rating of Buy and set a new price target of $90.00 from $85.00 previously
BofA Securities upgraded Hasbro from Neutral to Buy and set a new price target of $80.00 from $70.00 previously
JP Morgan upgraded Hasbro from Neutral to Overweight and set a new price target of $74.00 from $61.00 previously
Monness Crespi & Hardt reiterated coverage of Hasbro with a rating of Buy and set a new price target of $75.00 from $60.00 previously
DA Davidson downgraded Hasbro from Buy to Neutral and set a new price target of $53.00 from $60.00 previously
BofA Securities downgraded Hasbro from Buy to Neutral and set a new price target of $53.00 from $90.00 previously
Citigroup initiated coverage of Hasbro with a rating of Neutral and set a new price target of $62.00
Morgan Stanley initiated coverage of Hasbro with a rating of Overweight and set a new price target of $84.00
Stifel reiterated coverage of Hasbro with a rating of Buy and set a new price target of $94.00 from $79.00 previously
BofA Securities reiterated coverage of Hasbro with a rating of Buy and set a new price target of $90.00 from $85.00 previously
John Hight Joins as President of Wizards of the Coast Holly Barbacovi Joins as Chief People Officer Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today announced the appointment of two leaders to its Executive Leadership Team. John Hight will join as President of Wizards of the Coast and Digital Gaming, and Holly Barbacovi will take on the role of Chief People Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717242929/en/John Hight (Photo: Business Wire) John Hight, a gaming industry titan, joins Hasbro as President of Wizards of the Coast and Digital Gaming. John previously served as Senior Vice Preside
Following an Epic NYC Premiere Event, Basic Fun! Invites Fans Around the World to Unleash the Bobble with a Custom Song and Dance Challenge Inspired by the Pets BOCA RATON, Fla., April 4, 2024 /PRNewswire/ -- Today, LITTLEST PET SHOP, one of the most well-known collectible toy brands in history, released a call to action to fans around the world to 'unleash the bobble'. In celebration of the franchise's long-anticipated return to retail in January – this is sure to be the "Year of the Bobble"! Debuting last week with a pop-up performance at Toys"R"Us at Macy's Herald Square, Macy's flagship location in New York City, the Bobble to the Beat social campaign encourages kids and kidults alike to
Frank Gibeau, Darin Harris, and Owen Mahoney to join as newest Board members Tracy Leinbach, Linda Zecher Higgins and Michael Burns set to retire Alan Hassenfeld to step down as Emeritus Chairman Hasbro, Inc. (NASDAQ:HAS) ("Hasbro"), a leading toy and game company, today announced that Frank Gibeau, President of Zynga, Darin Harris, Chief Executive Officer of Jack in the Box Inc., and Owen Mahoney, former President and Chief Executive Officer of Nexon Co. Ltd., have been appointed to Hasbro's Board of Directors, effective March 21, 2024. "We are thrilled to have Frank, Darin, and Owen join our accomplished and diverse Board of Directors," said Rich Stoddart, Chair of Hasbro's Board
Hasbro Expands Strong Relationship with Marvel through their Best-Selling Trading Card Game Hasbro, Inc. (NASDAQ:HAS), a global branded play leader, today announced an expansion of its long-standing relationship with Marvel. Together, Hasbro and Marvel will develop collectible products and tentpole sets for the best-selling trading card game, Magic: The Gathering. The first tentpole Magic set based on Marvel's fan-favorite characters and epic stories will appear globally in 2025, with additional all-new exciting sets for multi-generational fans to collect and play. Hasbro will continue to bring new ways for consumers to express their Marvel fandom through Magic: The Gathering's collecti
Fans can watch the NERFBALL – Battle in the Bubble exhibition game on nerfball.hasbro.com and start training for their own NERFBALL tournaments at the NERF Action Xperience at Garden State Plaza mall in New Jersey starting in 2024 Download Photos from NERFBALL – Battle in the Bubble HERE Hasbro, Inc., a leading toy and game company, today launched NERFBALL, the NERF brand's first-ever official sport in its 50+ years of history, by releasing the full gameplay video of the NERFBALL – Battle in the Bubble exhibition game. Since 1969 when the iconic brand was first introduced to the world with the original NERF ball, dozens of iterations of NERF have been created across consumer products ca
Announces Appointment of New Directors and Formation of Advisory Committee Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF))) ("Thunderbird" or the "Company") announced today that it has entered into a cooperation agreement (the "Cooperation Agreement") with Voss Capital LLC ("Voss"), which, together with its affiliates, owns approximately 13.3% of the outstanding common shares of Thunderbird and is its largest shareholder. The Cooperation Agreement includes the appointment of two new independent directors put forward by Voss, Asha Daniere and Mark Trachuk (the "Appointees") to the Board of Directors of Thunderbird (the "Board") effective immediately, as well as the nominatio
Hasbro, Inc. (NASDAQ:HAS), a global branded entertainment leader, announced today that Executive Vice President and Chief Financial Officer Deborah Thomas has informed the Company of her intent to retire. The Company is conducting a process to identify her successor, looking at both internal and external candidates. Thomas and the Company plan for her to remain as Chief Financial Officer until her successor is in place, and as an advisor to the Company for a period thereafter to ensure a smooth transition. "In her 24 years at Hasbro, Deb has been instrumental in transitioning Hasbro from a toy and game company to a global branded entertainment leader," said Chris Cocks, Hasbro chief execut
Strategic appointments will add public company leadership, finance, operations, marketing and technology experience Selina, the fast-growing lifestyle and experiential hospitality platform targeting millennial and Gen Z travelers, is pleased to announce the strategic appointment of five new independent directors to its Board of Directors: Eric J. Foss, who will serve as the Chair of the Board, Catherine Dunleavy, Eileen Moore Johnson, Richard S. Stoddart and Adi Soffer Teeni. Their appointments will be effective upon the closing of the business combination between Selina and BOA Acquisition Corp., such that the public-company Board will comprise seven directors in total, including Rafael M
Senior E-Commerce and Business Line Executive Dan Rawson Joins Wizards of the Coast to Expand Digital and Tabletop Opportunities for World's Greatest Roleplaying Game Hasbro, Inc. (NASDAQ:HAS), today announced Dan Rawson has joined Wizards of the Coast in a newly created role as Senior Vice President of Dungeons & Dragons. Mr. Rawson, formerly COO of Microsoft Dynamics 365, brings decades of leadership in strategic business, e-commerce, and product management. In this new role, he will lead overall Dungeons & Dragons brand growth and profitability across digital, physical, and entertainment. "We couldn't be bringing on Dan at a better time. With the acquisition of D&D Beyond earlier this
Shareholders Urged to Vote FOR ALL of Hasbro's Highly Qualified Directors on the WHITE Proxy Card Hasbro, Inc. (NASDAQ:HAS) ("Hasbro" or the "Company"), a global play and entertainment company, today issued the following letter to Hasbro shareholders in connection with the Company's 2022 annual meeting of shareholders (the "2022 Annual Meeting") to be held on June 8, 2022. For information about the 2022 Annual Meeting, please visit: www.HasbroGamePlan.com. The full text of the letter follows. May 31, 2022 Dear Fellow Shareholder, As we approach the last few days leading up to Hasbro's Annual Meeting of Shareholders, taking place June 8, 2022, we ask you to vote the WHITE proxy card an
Maintains Full Year EBITDA Guidance & Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the third quarter 2024. "Outperformance within our gaming and licensing businesses in the third quarter highlights the strength in two of our highest profit areas," said Chris Cocks, Hasbro Chief Executive Officer. "Our key initiatives around digital, licensing and reinvigorating our product innovation are bearing fruit." "We continue to execute our turnaround efforts and are poised to finish the year with improved profitability, cash flow and operational rigor," said Gina Goetter, Hasbro's Chief Financial Officer. Third Quarte
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's third quarter financial results will be released before the market open on Thursday, October 24, 2024. Hasbro will webcast its third quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hoste
Company Reports Growth in Profit and EPS in the Quarter and Raises Full Year Guidance Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the second quarter 2024. "We delivered a solid performance in games and digital licensing and substantial margin improvement this quarter," said Chris Cocks, Hasbro Chief Executive Officer. "Hasbro is emerging as a more profitable, agile, and operationally excellent company delighting fans of all ages through the magic of play." "We continued to make meaningful progress in our turnaround for Consumer Products in the second quarter," said Gina Goetter, Hasbro Chief Financial Offi
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's second quarter financial results will be released before the market open on Thursday, July 25, 2024. Hasbro will webcast its second quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be host
Company Reports Improved Profitability and EPS Growth in the quarter Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the first quarter 2024. "The first quarter was a good start to the year for Hasbro; we are continuing to see the results of our transformation work," said Chris Cocks, Hasbro Chief Executive Officer. "Performance from our licensing portfolio shows the strength of our brands and we continue to fuel innovation in games and toys as we expand our reach across play patterns to fans of all ages." "We made solid progress in our turnaround efforts in the first quarter," said Gina Goetter, Hasbro, Chief Financial Officer. "We lande
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's first quarter financial results will be released before the market open on Wednesday, April 24, 2024. Hasbro will webcast its first quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be host
Issues 2024 Guidance with Improved Profit Growth and Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the fourth quarter and full year 2023. "Guided by our strategy of "Fewer, Bigger, Better," we had important wins across both toys and games while making progress in our transformation during a challenging 2023. Despite the macroeconomic backdrop, we are entering 2024 with a healthier balance sheet, a leaner cost structure, and a diverse portfolio of industry-leading toy and game brands that support our capacity to invest in the business and maintain our commitment to returning cash to shareholders via our categor
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's fourth quarter and full year financial results will be released before the market open on Tuesday, February 13, 2024. Hasbro will webcast its fourth quarter and full year 2023 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A
Hasbro, Inc. (NASDAQ:HAS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.70 per common share. The dividend will be payable on February 1, 2024 to shareholders of record at the close of business on February 15, 2024. About Hasbro Hasbro is a leading toy and game company whose mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. Hasbro delivers engaging brand experiences for global audiences through toys, consumer products, gaming and entertainment, with a portfolio of iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH and PEP
Games and Digital Drive Strong Adjusted Profit and Margin Growth Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the third quarter 2023. "Our third quarter results highlight the strength of Hasbro's diversified toy and game portfolio and the progress we have made on our transformation," said Chris Cocks, Hasbro chief executive officer. "Wizards of the Coast and Digital Gaming delivered a standout performance across strength in MAGIC: THE GATHERING and DUNGEONS & DRAGONS, particularly the blockbuster August release of Baldur's Gate III. We are taking action to address the tougher macro environment across Toys and Entertainment and are posit
Hasbro Inc. (NASDAQ:HAS) shares are surging after the toy maker reported better-than-expected second-quarter FY24 earnings and revised the outlook. The company reported a second-quarter FY24 sales decline of 18% year-on-year to $995.30 million, beating the analyst consensus estimate of $943.56 million. The revenue decline was driven primarily by the eOne film divestiture; excluding the divestiture, revenue declined by 6%. Segment Revenue: Consumer Products declined 20%, Wizards of the Coast and Digital Gaming increased 20%. Entertainment segment revenues plunged 90%, impacted by the sale of eOne Film and TV in December 2023; absent this impact, revenue declined 30%. Selling, dist
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
Hasbro (NASDAQ:HAS) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.78 by 56.41 percent. This is a 148.98 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $995.30 million which beat the analyst consensus estimate of $943.56 million by 5.48 percent. This is a 17.74 percent decrease over sales of $1.21 billion the same period last year.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume BABA CALL TRADE BULLISH 08/02/24 $79.00 $27.0K 2.4K 1.7K SBUX CALL TRADE B
Shares of Mattel, Inc. (NASDAQ:MAT) are trading significantly higher Monday, following reports that private equity firm L Catterton has made an offer to acquire the iconic toy company. Additionally, Hasbro Inc. (NASDAQ:HAS) is reportedly considering submitting its own offer submission for Mattel. What To Know: Mattel, known for its famous brands such as Barbie, Hot Wheel and Fisher-Price, could see changes in its strategic direction if acquired by L Catterton or Hasbro. Despite these reports, Yahoo Finance reporter Brian Sozzi posted on X (formerly Twitter) that a source familiar with the situation indicated that Mattel is not currently in any deal talks and has not been approached. M
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About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe