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Shares of Netflix (NASDAQ:NFLX) were hit hard earlier this week. The stock slid nearly 8% Wednesday, following the streaming-TV company's first-quarter earnings report. While the company did miss analyst estimates when it came to its subscriber growth, did Wall Street overreact by selling shares so aggressively?
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Cathie Wood ARK's Investments Management CEO said she believes that more companies will load their balance sheets up with bitcoin.
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The GameStop Corp. and AMC Entertainment Holdings Inc. retail frenzy was bigger than the market for West Texas Intermediate oil futures, on a notional dollar basis, RBC Capital Markets said.
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