Tag: nearly

TAIPEI (Reuters) -TSMC\’s Taipei-listed shares tumbled 6.7% on Friday following the company\’s first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.

Netflix (NASDAQ:NFLX) stock is overvalued. That\’s the opinion of analysts at Benchmark, who maintained a Sell rating and $440 price target on the streaming giant\’s shares in a note Thursday, heading into the company\’s earnings release.