Netflix rises 4% in US overnight market; Nvidia and Tesla fall over 1%

Netflix rises 4% in US overnight market; Nvidia and Tesla fall over 1%

Netflix shares surged 4.83% to close at $976.28 on April 15, 2025, after the U.S. streaming company released its earnings and market capitalization growth targets two days before its earnings release. The stock's performance was driven by the company's ambitious targets, including a goal to expand its market cap to $1 trillion by 2030 [1].

Netflix aims to double its annual sales from $39 billion to $78 billion by 2030, and nearly triple its operating profit from $10.4 billion to more than $31 billion during the same period. The company also plans to increase its global subscriber base from 301 million to 410 million and generate $9 billion in advertising revenue by 2030 [1].

Nvidia Corporation (NASDAQ:NVDA), a chip giant, declined by 6.87% on Wednesday, April 17, 2025, to close at $104.49 per share. The stock's performance was negatively impacted by the U.S. government's announcement that it would require a license to export its H20 graphics processing units to China and other countries [2]. This regulatory filing stated that the license requirement addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China [2].

Tesla (TSLA) shares fell 4.37% during the week ending April 20, 2025, continuing a year-long decline that has seen the stock drop more than 40% since January. The company's stock has been under attack on multiple fronts, including CEO Elon Musk's foray into politics and intense competition in the electric vehicle (EV) space [3].

Barclays analyst Dan Levy lowered the firm's expectations for Tesla, cutting its price target to $275 from $325. The analyst cited weak fundamentals, production inefficiencies, and a potential decline in volume as key concerns [3].

References:
[1] https://www.mk.co.kr/en/stock/11293202
[2] https://finance.yahoo.com/news/why-nvidia-corporation-nvda-declined-023358648.html
[3] https://finance.yahoo.com/news/analyst-slashes-tesla-price-target-133300848.html