In This Article:
Netflix (NFLX)
Netflix stock slipped more than 1% in premarket trade on Friday, even after setting new streaming records with the broadcast of two NFL games on Christmas day.
According to reports, the Kansas City Chiefs’ victory over the Pittsburgh Steelers averaged 24.1 million viewers, while an average of 24.3 million people watched the Baltimore Ravens defeat the Houston Texans, with the majority of the audience coming via Netflix.
Investors could potentially be taking money off the table before the new year, as the stock is up around 97% for the year-to-date.
Netflix was set to open at $924.14 on Friday, having lost 0.9% on Thursday.
(NFLX)
Bitcoin (BTC-USD)
Bitcoin's price was up 1.4% on Friday, to grace the $96,700 mark as confidence returned following a small dip after Christmas day.
Over the last month, the asset has been typically volatile — heading to all-time highs past the $106,000 mark, as markets anticipate US president-elect Donald Trump's incoming pro-crypto cast of advisers.
During the election cycle, Trump made several pledges in line with boosting the crypto industry. One such pledge was to build a national bitcoin reserve for the US.
He also vowed to sack the crypto critical US Securities and Exchange Commission (SEC) chair Gary Gensler, with Paul Atkins, CEO of Patomak Partners and a former SEC commissioner, lined up to replace him. Atkins is known as a friend of the crypto industry and will likely be a softer touch on regulation.
Read more: How will Trump's tariffs impact UK and EU trade?
Meanwhile, Trump appointed former PayPal (PYPL) executive David Sacks as the first crypto and AI tsar. Sacks has previously argued that opening the doors to crypto adoption would spur on growth and encourage innovation.
(BTC-USD)
Next (NXT.L)
Retailers such as next were among he losers in the FTSE on Friday, following data which showed low Boxing Day footfall in the UK.
Data from Begbies Traynor showed there were 2,124 retailers in “critical financial distress” in the first 11 weeks of the October-December quarter. That figure is a jump of about 25% quarter-on-quarter — up from 1,696 in July-September.
Meanwhile, MRI Software data shows there was a 4.9% drop in footfall across all UK retail destinations compared to Boxing Day last year.
Delivery Hero (DHER.DE)
Delivery Hero shares fell as much as 9% in Germany, after Taiwan's Fair Trade Commission blocked the sale of its Foodpanda unit to Uber (UBER).
Taiwan's competition regulator barred the $950m deal, which would have been one of the country's largest outside of the chip sector. It would have been the sign of a retreat from Asian markets for the food delivery company.