Netflix, SpaceX lead Friday's biggest stock declines

EarningsPrice Action

โดย Seeking Alpha·Read original

Summary · why it matters

Stock futures edged lower early Friday as a major correction in the semiconductor space overshadowed a supportive domestic inflation backdrop. Netflix shares plunged 10% after the streaming giant reported mixed second-quarter results, with revenue narrowly missing expectations and full-year revenue guidance of 51.0 billion to 51.4 billion dollars coming in below the 51.4 billion dollar consensus. SpaceX fell 5% after an automatic launch abort of its upgraded Starship V3 rocket extended a five-day losing streak that pushed shares further below their 135 dollar IPO price. STAAR Surgical tumbled 12% despite preliminary second-quarter revenue of more than 90 million dollars roughly doubling year-over-year, as investors focused on geopolitical headwinds and operational challenges from an ERP system implementation. Intuitive Surgical slipped 9% even after beating earnings and revenue expectations, as the company maintained its full-year da Vinci procedure growth outlook of 13.5% to 15.5% and flagged tariff-related margin pressure.