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Netflix Stock Tumbles on Growth Worries
The Wall Street Journal29d agobearish
Netflix Stock Tumbles on Growth Worries

Investors continued to punish Netflix on Friday after the company’s second-quarter earnings failed to ease concerns about weak viewer engagement and slowing growth. While the streaming giant reported solid second-quarter revenue and profit, it forecast a third-quarter revenue gain that would be its smallest year-on-year increase of any quarter since late 2023. Netflix also said it would shift to releasing its closely-watched viewership report annually, rather than twice a year.

Investing.com29d agobearish
Netflix, Intuitive Surgical tumble premarket

Investing.com - U.S. stock index futures fell sharply on Friday, pointing to a second straight day of losses on Wall Street as investors continued to reassess lofty technology valuations following a string of disappointing corporate updates tied to artificial intelligence spending.