Netflix IncNFLX
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The Nasdaq Composite fell more than 600 points in early US trading. Selling in semiconductor stocks intensified, and a reassessment of the artificial intelligence-driven rally is spreading. Disappointing earnings guidance from Netflix the previous day also weighed on the market. The Dow Jones Industrial Average was down 35.89 points at 52,517.08, while the S&P 500 was down 99.71 points at 7,434.06.
Netflix Inc