Shares of Netflix sank more than 20% in extended trading after a big miss on subscribers in the first quarter.
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Netflix hit with 10 downgrades as Wall Street analysts bail after ‘shocking’ subscriber loss
Technology
Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut
Shares in Victory Giant Technology surged as much as 60% on Tuesday, after the Chinese company’s blockbuster initial public offering — the biggest in Hong Kong this year. The Chinese company, which supplies printed circuit board to Nvidia, priced its shares at 209.88 Hong Kong dollars in the IPO. Shares were last trading 46% higher at […]
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Technology
Tim Cook reactions: Sam Altman, Palmer Luckey react to Apple CEO move
Apple CEO Tim Cook holds an iPhone 17 pro and an iPhone air, as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters Apple announced on Monday that CEO Tim Cook will be replaced by John Ternus. Executives across the tech […]
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Technology
Jim Cramer warns against chasing ‘parabolic’ stocks and says there’s opportunity in overlooked names instead
Key Points CNBC’s Jim Cramer cautioned against chasing “parabolic” tech and AI stocks, warning those trades can quickly reverse. He emphasized the importance of finding opportunities in overlooked names and the need for diversification. CNBC’s Jim Cramer said Monday he’s wary of investors piling into the market’s hottest trades, arguing that chasing “parabolic” moves often […]
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