Trump Says Iran Deal Getting Closer; Netflix Drops On Outlook Miss | Bloomberg Brief 4/17/2026
US equity futures rise after the S&P 500 and Nasdaq 100 hit fresh record highs.
President Trump says a peace deal with Iran could come "fairly soon." Shares of Netflix extend decline after the streaming company's forecast fell short of analysts’ expectations and the announcement of co-founder Reed Hastings's resignation from the board.
Veronica Clark of Citi anticipates a Fed rate cut in September. (Source: Bloomberg)
Netflix co-founder Reed Hastings exits
- Netflix cofounder and chairman Reed Hastings to step down from board of directors ABC News —
- No Hike, No Hype: Netflix Stock Drops Absent 2026 Guidance Boost. Here’s What the Street Thinks. The Hollywood Reporter —
- Netflix Stock Slumps 10%. Buy the Dip, This Analyst Says. Barrons —
- Netflix co-founder steps down - shares sink despite bumper profits at streaming giant Daily Mail —
- Billionaire Netflix co-founder Reed Hastings quits after earnings miss City AM —