Netflix's Growth Engine Sputters as Streaming Wars Heat Up

Netflix is facing a slowdown in growth as competition in the streaming industry intensifies, and this segment from The Close breaks down what it means for the company and the broader market. The program delivers the latest news and analysis in the run-up to the final minutes before and after the closing bell on Wall Street. The episode features a roster of market guests, including Cboe Global Markets VP and Head of Derivatives Market Intelligence Mandy Xu, Needham Senior Internet Analyst Laura Martin, PGIM Head of Real Estate Credit Strategies Bryan McDonnell, Gabelli Funds Managing Director for Growth Portfolios John Belton, and Gerber Kawasaki Wealth & Investment Management Co-Founder, President and CEO Ross Gerber. With streaming competition mounting, the conversation puts Netflix's decelerating growth in the context of the day's trading action and the outlook for media and technology stocks.