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Netflix stock heads for biggest slide in nearly a decade—’We see few catalysts’

How about a slew of Wall Street analysts racing to downgrade shares of streaming giant Netflix on Friday, after its deeply disappointing outlook for new subscribers. Netflix (NFLX) shares were off 20.1% in midday Friday trading and on track for their steepest single-day percentage decline since July 25, 2012, when the stock lost 25.0%. Investors dumped the stock after the company issued a downbeat subscriber forecast for the current quarter. Read More...

Associated Press

Jan. 6 committee requests interview with Ivanka Trump

The House committee investigating the U.S. Capitol insurrection is asking Ivanka Trump, daughter of former President Donald Trump, to voluntarily cooperate with its probe. The committee sent a letter Thursday requesting a meeting with Ivanka Trump, who served as an adviser to her father, in early February. In the letter, committee chairman Bennie Thompson says she was in direct contact with her father during key moments of Jan. 6, 2021, when Trump supporters stormed the Capitol in an effort to halt certification of Joe Biden’s presidential win.

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