Dow, S&P 500 lead losses as struggles continue amid Trump’s latest tariff threats

The recent sell-off action in the stock market has not spared even the highfliers like Netflix, AMD, Micron, Dell, and Palantir. These companies, along with the “Magnificent Seven” stocks, have all felt the impact of the latest market rout.

Netflix, for example, has seen its stock decline by over 10% in the past month. Some analysts are now warning that this volatility in Netflix’s stock price could be indicative of a broader trend in the stock market.

Mizuho analyst Jordan Klein noted in a recent client note that a significant one-day drop in Netflix’s stock price, like the one seen recently, could be a sign of panic among investors. Despite concerns about the company’s heavy content spend and potential engagement headwinds, Klein believes that Netflix still has strong fundamentals, including zero tariff risk and pricing power.

However, the sell-off in Netflix and other non-“Mag 7” players like AMD, Micron, Palantir, and Dell indicates that investors are looking to reduce their exposure to equities. AMD and Micron have seen their stocks fall by around 13% and 6% respectively, while Palantir’s stock has plunged by 30% and Dell’s stock has tumbled by approximately 20%.

Overall, the recent market rout has not discriminated between highflying tech stocks and the “Magnificent Seven.” Investors are now grappling with increased volatility and uncertainty in the market, leading many to reconsider their exposure to equities. It remains to be seen how these companies will weather the storm and whether the market will stabilize in the near future.