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
Closing arguments conclude in Musk v. Altman, jury to deliberate next week
OpenAI CEO Sam Altman arrives at the federal courthouse, as the trial in Elon Musk’s lawsuit over OpenAI’s for-profit conversion continues, in Oakland, California, U.S., May 14, 2026. Manuel Orbegozo | Reuters The first phase of the Musk v. Altman trial concluded proceedings in federal court in Oakland, California, on Thursday after attorneys for Elon […]
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Cramer backs Nvidia selling AI chips in China — but says the stock can thrive either way
CNBC’s Jim Cramer said Nvidia should be allowed to sell artificial intelligence chips into China, arguing the U.S. would be better served by keeping Chinese companies reliant on American technology rather than forcing them to develop competing products. “You force them to build their own chips, they will catch up and with seemingly unlimited electricity, […]
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Technology
Cerebras is the hot new AI chipmaker. Here’s Jim Cramer’s advice on the stock
CNBC’s Jim Cramer cautioned investors against chasing shares of Cerebras Systems after its explosive market debut Thursday. “While there might be a situation in the future where I can recommend Cerebras, I just can’t even come close to justifying the valuation up here given how much it’s already run right out of the gate,” the […]
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