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Should You Buy Netflix Stock Before Oct. 20?

Key PointsNetflix's growth rate lags behind that of its big tech peers.

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Netflix is cutting 6% of its workforce as its revenue growth slows

The layoffs will affect the company's product, tech, legal and HR teams, Netflix leaders said in a memo to employees.

  • Netflix is reducing workforce by 6%, affecting product, tech, legal, HR departments
  • Co-CEOs Ted Sarandos and Greg Peters emphasize strong, growing business
  • Layoffs occur as growth slows due to competition and saturated North American market

SOXX, MRVL, ADI, TXN: ETF Outflow Alert

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an…

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