Netflix shares tumbled, weighing on the S&P 500 and the Nasdaq, after the streaming giant forecast weak subscriber growth.
Netflix shares tumbled, weighing on the S&P 500 and the Nasdaq, after the streaming giant forecast weak subscriber growth.“It has really been a continuation of a tech rout,” said Paul Nolte, portfolio manager at Kingsview Investment Management. “It’s really a combination of a rotation out of technology as well as very poor numbers from Netflix that I think is the catalyst for today.”
Investors are keenly focused on next week’s Fed meeting for more clarity on the central bank’s plans to tighten monetary policy in the coming months, after data last week showed US consumer prices in December had the largest annual rise in nearly four decades.
I can help you earn money online without sending your money to anyone else..... Inbox me for more information
You have to Stand Up for yourself, No one is gonna be with you on the way to Success because the path of Success is very hard and only few can go over it. I earned over R350,000 thanks to Lisaberry76
I never wanted to give it a try because I was really afraid of losing my hard-earned money to any scammers online, I am really delighted, I will keep investing with williamchurch09 EXCHANGE company 🇿🇦, you too can start making profits from Agent. Kindly message williamchurch09
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABCNews - 🏆 37. / 51 Read more »