"At the end of the day, Netflix has a sustainable competitive advantage that can be defined in two things," Cantor Fitzgerald's Youssef Squali says.» Read More
When an investment grows more than five times, it's time to take your chips off the table, billionaire investor Carl Icahn says of his sale of Netflix stock.
Stocks finished lower Wednesday, with the S&P 500 snapping a four-day streak of record highs, following weakness in global equities and a mixed bag of earnings reports.
Carl Icahn knew not only when to get in but when to get out of Netflix and even had to overrule his own son in making the decision.
After the big run by Netflix and seeing Carl Ichan take huge profits, CNBC's Tyler Mathisen and Dominic Chu discuss when it's a good time to pocket your winnings.
Carl Icahn's son Brett wanted to stay invested in Netflix. But Carl knows that when you've hit the jackpot, you take your chips off the table.
U.S. stock index futures signaled a sharply lower open Wednesday, amid worries over financial conditions in China and as investors digested a mixed bag of corporate earnings.
Some of the names on the move ahead of the open.
Happy Wednesday. Just like the Federal Reserve, there's no tapering here, either, so it's a full six-pack for your reading pleasure.
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
"You have the ability to buy a stock that may not be out of momentum," Steve Grasso says.
Michael Pachter of Wedbush Securities, says he thought Carl Icahn would sell shares of Netflix a lot sooner. "Content costs will hit the income statement in the next couple of years," he says.
What Carl Icahn's decision to sell shares of Netflix means for investors, with Mark Mahaney of RBC Capital Markets.
Gene Munster of Piper Jaffray, says Apple's new iPad products will be "very positive" for the company.
Investor Carl Icahn disclosed that he cut his Netflix stake in half, and he thanked the company's management in a tweet for his gains.
The FM traders discuss Carl Icahn's decision to sell shares of Netflix. Dr. J says experienced traders "take money off the table" when they've got a big profit.
Stocks recovered from session lows to close higher Tuesday, with the S&P 500 hitting a new high above 1,750, after the tepid September jobs report gave further evidence to investors that the Federal Reserve will continue to support the economy at the current pace.
FM trader Josh Brown is following a bearish trend in Netflix.
Better-than-expected earnings from Netflix pushed shares higher, but shares fell on profit taking. Investors became worried because of CEO Hastings' concern for the overheated stock, reports CNBC's Julia Boorstin.
In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about a moment of selling that hit some high momentum stocks, including Apple and Netflix.