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FRIDAY, 21 JANUARY 2022, 09:29


Netflix plunges after forecast for new customers disappoints

Today at 08:24 AM, via Moneyweb

Shares of Netflix fell as much as 20% to $404.50 in after-hours trading, erasing about $45 billion in market value as investors braced for the prospect that the streaming giant is entering a new phase of slower growth.

Netflix forecast for new customers disappoints

Today at 07:28 AM, via BusinessTech

Netflix Inc expects to add just 2.5 million subscribers this quarter, a number that falls short of Wall Street’s estimates and would mark the slowest start to a new year for the company in at least a decade.

Commodity stocks getting ahead of spot prices

Today at 07:15 AM, via Moneyweb

FNB’s Wayne McCurrie unpacks the Woolies and Distell updates. Sean Sanders of Revix on what the growth of the metaverse, NFTs space and online gaming have in common. Simon talks BHP Group changing its dual listing structure and why this will trigger a CGT event for shareholders.

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