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Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The S&P 500 and the Nasdaq tumbled on Wednesday as banks slid after quarterly results and hot inflation data boosted bets of interest rate hikes, pressuring beneficiaries of the AI buildout sensitiv
* Netflix shares down 1% to $69.77 on Weds after co said it's laying off 6% of its workforce, or about 1,000 employees, according to an internal memo seen by Reuters * The largest job cuts since 2022 come as the streaming giant faces tough competition for viewers from legacy rivals and free platforms like YouTube * Ana