4 stocks of streaming-related companies drop 5% or more as investors lose confidence that the Fed might ease up

A variety of consumer discretionary and communications stocks lost ground on Monday, with companies providing streaming and related services standing out as investors seemed to accept that there is no reason to expect the Federal Reserve to slow its efforts to cool the economy and fight inflation.

Shares of Warner Brothers Discovery Inc. WBD tumbled 7%, while Netflix Inc. NFLX fell 6%. Paramount Global PARA and Dish Network Corp. DISH each declined 5%. “That changed last week when several Fed representatives took a tough stance and indicated there wouldn’t be a change to the trajectory of higher rates, which could weigh on economic prospects. Now everyone is confused,” Lindsey Bell, Ally Financial’s chief money and markets strategist wrote in an email.

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Scenes from 2022's 40 Under 40 celebration at the Unzipped Pavilion - Silicon Valley Business JournalCheck out the Business Journal's 40 Under 40 celebration for 2022, one of the first events held at the new Unzipped Pavilion in downtown San Jose.
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3 Stocks To Watch This Week: Zoom Video, NVIDIA, Salesforce.com | Investing.comStocks Analysis by Haris Anwar/Investing.com covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, NVIDIA Corporation. Read Haris Anwar/Investing.com's latest article on Investing.com I wish someone showedd me this earlierr? Haan toh dekhlingey bhai Zoom is an awesome company to invest in. However it's currently overvalued. If it drops to $60 I'll definitely take some.
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