WS #12415
Chip stocks in bear market; Nvidia loses ETF weight to AMD; Apple briefly overtakes Nvidia in market cap; CXMT IPO demand solid but weaker than expected due to sector selloff. Netflix shares fall 8%+ after Q3 revenue and EPS guidance miss estimates; company to reduce viewing hours reporting frequency.
Semiconductor Selloff
Chip stocks in bear market; Nvidia loses ETF weight to AMD; Apple briefly overtakes Nvidia in market cap; CXMT IPO demand solid but weaker than expected due to sector selloff.
Netflix shares fall 8%+ after Q3 revenue and EPS guidance miss estimates; company to reduce viewing hours reporting frequency.