Market Movers

  • Netflix Implements Crackdown on Password Sharing to Drive Growth. Netflix ($NFLX) has begun its crackdown on password sharing, notifying users in over 100 countries that only one household can access Netflix per account. This move is crucial for Netflix's growth strategy as it aims to limit unauthorized access and encourage individual subscriptions.*
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  • Apple Boosts US Chip Sourcing Through Multibillion-Dollar Broadcom Deal. Apple ($AAPL) has entered into a significant agreement with American chip manufacturer Broadcom to expand its sourcing of 5G components within the US. This collaboration is in line with Apple's ongoing commitment to invest substantial amounts with US suppliers and manufacturers, signaling a shift away from dependence on China. Source(7:26)

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