Netflix Sinks After Outlook; Microsoft AI Pact; Alcoa Falls
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Netflix (NFLX) shares tumble after the streaming company gave a second-quarter outlook that was weaker than expected. Company Co-Founder and Chairman Reed Hastings separately announced plans to not stand for reelection to the board at its annual meeting in June.- Stellantis is teaming up with Microsoft (MSFT) to accelerate deployment of artificial intelligence software across its cars and operations to improve customer experience. Both companies will co-develop more than 100 AI tools for areas such as…
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