Open account

US stock futures slide after Netflix guidance disappoints, chips fall further

US stock futures fell after Netflix’s weaker-than-expected current-quarter revenue and profit guidance added fresh pressure to a technology sector already hit by chip weakness and elevated AI valuation concerns. S&P 500, Nasdaq 100, and Dow futures were all lower, with Nasdaq futures leading declines. The article also cites broader risk-off factors including hawkish Fed commentary, renewed geopolitical tensions involving Iran and China, and a sharp selloff in semiconductor shares despite strong TSMC earnings and raised guidance. Netflix’s post-earnings drop near 9% in after-hours trading amplified the negative tone, while Alphabet also weighed on sentiment after a report of an AI model delay. Overall, the piece points to growing investor caution around mega-cap tech, semiconductors, and rate-sensitive equities, suggesting near-term downside risk for U.S. indices if earnings and policy signals fail to improve sentiment.

Category

Netflix

Sentiment

Bearish

Event

Market commentary

Reading time

1 min