Market reassessment of the 'Mag 7': Tesla exits, Netflix on top?
Analysts believe that Tesla's fundamentals have been overly speculative, combined with recent poor performance, high valuation, and excessive reliance on core automotive business. Investments in AI and robotics fields will take several years to yield results. Whether it can continue to remain among the "Seven Tech Giants" in the US stock market remains a question. Meanwhile, Netflix, which consistently maintains strong free cash flow, is most favored to be on the substitute list.
Netflix(NFLX.US) Director Sells US$4.31 Million in Common Stock
$Netflix(NFLX.US)$ Director BARTON RICHARD N sold 5,698 shares of common stock on Oct 25, 2024 at an average price of $756 for a total value of $4.31 million.Source: Announcement What is statement
Express News | According to sources, Netflix is discussing the release of the "Narnia" movie on iMax.
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