fintech / news / / Benzinga
Netflix shares saw a slight increase of 0.07% to close at $107.79.
Netflix's Q2 revenue and EPS guidance came in below Wall Street expectations despite Q1 beats.
KEY POINTS
- Reed Hastings will not seek re-election as Netflix chairman when his term ends in June.
- AMD shares surged on TSMC's guidance citing 'insatiable' AI infrastructure demand.
- Navitas Semiconductor appointed former Broadcom executive Gregory Fischer to its board as part of its AI strategy.
- Abbott Laboratories lowered its 2026 adjusted EPS outlook despite beating quarterly estimates.
COMPANIES
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