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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Netflix (NFLX) PT Raised to $225 at Benchmark, Stays Sell, 'We remain cautious'
December 16, 2022 6:40 AM ESTBenchmark analyst Matthew Harrigan raised the price target on Netflix (NASDAQ: NFLX) to $225.00 (from $162.00) while maintaining a Sell rating.
The analyst comments "We maintain our Sell rating while increasing our price target to $225. This is versus a prior, overly bearish $162, largely... More
Netflix (NFLX) shares tumble on report of slow start to ad business
December 15, 2022 12:49 PM ESTNetflix (NASDAQ: NFLX) shares fell more than 9% Thursday after a report by Digiday said the streamer's advertising business is off to a slow start.
The online trade magazine for online media said five agency executives revealed Netflix is falling short of its guarantees made to... More
