Changes in US stocks | Netflix (NFLX.US) rose more than 1.6%, and the intraday stock price reached a record high

The Zhitong Finance App learned that on Wednesday, Netflix (NFLX.US) hit another record high intraday, hitting $1162.57. As of press release, the stock had risen more than 1.6% to $1156.143. Although Trump recently announced that he will levy 100% tariffs on films produced overseas and sees this as a national security threat, the market generally believes that Netflix is only limited by the tariff war. The policy did pose an immediate risk, but investors reacted lackluster. “This is not a major risk for Netflix,” said Brian Frank, president and portfolio manager of Frank Funds. “As an industry hegemon, it can absorb tariff pressure by putting pressure on suppliers or raising prices, which is difficult for small to medium competitors. More importantly, Netflix's excellent operating capabilities and return on content investment provide it with room for continued growth and stock price increases.”