Netflix Sinks 7% as AI Selloff Sends Nasdaq Down 1.4%

On today's episode of Market Brief – After Hours, Netflix tumbles 7% after its revenue forecast falls short, pushing shares below their 200-day average by the widest margin in four years. We break down a brutal week for tech as a Chinese AI startup's new open-source model stokes fresh doubts about the payoff on massive US spending, sending chip stocks reeling even as Apple overtakes Nvidia as the world's most valuable company. Escalating tensions in the Middle East send oil surging and ripple through EUR/USD, GBP/USD and safe-haven assets, while Japan's Nikkei tumbles into a technical correction. Tune in for the full breakdown of stocks, bonds, currencies and commodities to close out the week. Hosted on Acast. See acast.com/privacy for more information.