Netflix shares slide 9.2% on weak forecast
Netflix (NASDAQ:NFLX) shares fell 9.2% before Friday’s opening bell after its third-quarter revenue and earnings forecasts missed analyst estimates.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Netflix (NASDAQ:NFLX) shares fell 9.2% before Friday’s opening bell after its third-quarter revenue and earnings forecasts missed analyst estimates.
A federal grand jury has indicted a Sioux Falls investor on charges linked to an alleged cryptocurrency fraud scheme that prosecutors said misled investors and diverted their money.
Strategy CEO Phong Le said the company's future Bitcoin (CRYPTO:BTC) purchases will depend on stronger demand for its STRC preferred securities.
Frontier Energy (ASX:FHE) secures up to $280M to fully fund construction and commissioning for Stage 1 of its Waroona Renewable Energy Project.
Condor Energy (ASX:CND) confirmed its 1 Tcf Piedra Redonda offshore Peru gas discovery can be commercially developed.
Amneal Pharmaceuticals (NASDAQ:AMRX) received FDA approval for four additional iohexol presentations targeting a U.S. market with approximately $706 million in annual sales.
Caravel Minerals (ASX:CVV) completed a key feasibility study supporting a 597Mt ore reserve containing 1.42Mt of copper.
Ethereum (CRYPTO:ETH) is increasingly being driven by Wall Street adoption rather than crypto speculation, according to BitMine Immersion Technologies chairman Tom Lee.
Tartana Minerals (ASX:TAT) has executed a binding agreement to raise $5.2 million through a cornerstone share placement.
LTR Pharma (ASX:LTP) has executed a definitive telehealth distribution agreement with U.S. platform Shed Holdings.