Netflix experiences technical issues on the day of the final two "Stranger Things" episodes of the season; American Airlines is offering to raise pilot pay by 17% by the end of 2024; and the "Crypto Queen" is placed on the FBI's Top 10 Most Wanted List.
Wedbush Managing Director & Senior Equity Analyst Dan Ives joins Yahoo Finance Live to discuss the state of Big Tech stocks, the GM chip shortage, supply chain woes, recessionary risks, and the outlook for earnings growth.
As Netflix (NASDAQ: NFLX) prepares to launch its ad-supported tier, rumors have swirled that an acquisition could be in the company's future to make the transition easier. One company that analysts have repeatedly mentioned as an option is the hardware and streaming service Roku (NASDAQ: ROKU). At the Cannes Lions advertising festival on June 23, Netflix Co-CEO Ted Sarandos confirmed that the company would launch an ad-supported tier soon.