Stock market trading roundup…

Stock market trading roundup…Show more

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Netflix is among the best positioned stocks as advertising recession looms, Evercore ISI's Mahaney says Netflix is among the best positioned mega cap tech names to weather an advertising recession, according to Evercore ISI's Mark Mahaney. "Netflix in particular has got the most interesting new product catalysts out in the space with this ad offering that is taking off slowly," the top tech analyst told CNBC's "Closing Bell" on Tuesday. "But there's a lot of potential here, and Netflix wins so many different ways from the rollout of this ad-supported offering." Looking ahead, Mahaney expects revenue growth to slow across...
Source: https://www.cnbc.com/2023/01/02/stock-market-futures-open-to-close-news.html