Netflix (NFLX) plans to reduce spending by $300m this year according to report
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak
May 15, 2023 8:50 AM EDTSoros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.
Soros purchased... More
Netflix plans to cut spending by $300 million this year - WSJ
May 12, 2023 11:22 AM EDT(Reuters) - Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Company leaders urged staffers to be judicious with their spending, including in relation to hiring, but said there would be no hiring... More
Netflix (NFLX) Plans To Cut Spending By $300m In 2023 - WSJ
May 12, 2023 10:38 AM EDTNetflix Plans To Cut Spending By $300m In 2023 - WSJ
... MoreU.S. PPI, Disney+ subscribers flee, Yellen's new warning - what's moving markets
May 11, 2023 7:15 AM EDTInvesting.com -- A new batch of economic data offers an additional view of the U.S. inflation picture. Meanwhile, Disney's flagship streaming service is hit by an exodus of subscribers and U.S. Treasury Secretary Janet Yellen issues another warning about the debt ceiling standoff.
1. Futures steady ahead of fresh inflation and labor market data
U.S. stock futures pointed slightly higher on Thursday, but hovered around the flatline, with investors looking ahead to the release of new data that should provide more detail into the state of inflation in the world's... More
Netflix (NFLX) option implied volatility low into Disney (DIS) results
May 11, 2023 4:02 AM EDTNetflix (NASDAQ: NFLX) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 86 into Disney (DIS) results.
... MoreNetflix (NFLX) 30-day option implied volatility near low end of range
May 10, 2023 10:34 AM EDTNetflix (NASDAQ: NFLX) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 86.
... MoreNetflix (NFLX) option implied volatility near low end of range
May 10, 2023 2:49 AM EDTNetflix (NASDAQ: NFLX) 30-day option implied volatility is at 32; compared to its 52-week range of 31 to 86.
... MoreActive options: AMC META CNVA MSFT GOOG RIVN NFLX ABBN BAC BGO PACW
May 10, 2023 2:36 AM EDTActive options: AMC META CNVA MSFT GOOG RIVN NFLX ABBN BAC BGO PACW
... More