"Netflix and Tesla stumble, while Baker Hughes and Western Alliance climb in premarket trading"
TL;DR Summary
Morgan Stanley, Netflix, Fox, Tesla, and Walt Disney stocks fell in premarket trade, while United Airlines, Baker Hughes, Western Alliance, and ExxonMobil stocks rose. Morgan Stanley's Q1 profit fell due to a slump in dealmaking, while Netflix's guidance fell short of expectations. Fox settled its defamation suit by Dominion Voting Systems for $787.5 million, and Tesla cut prices for some of its electric vehicles. Walt Disney plans to cut thousands of jobs next week, and Amazon announced additional layoffs in its advertising unit.
- Netflix, Fox and Tesla fall premarket; Baker Hughes, Western Alliance rise By Investing.com Investing.com
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