Premarket Movers | Netflix Sinks 10%; Alcoa Drops 3%; Ericsson Falls 2%; United Microelectronics Jumps 8%; Blaize Surges 28%

TigerApr 17, 2026 8:03 AM

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Netflix shares sank 9.6% in premarket trading after the company forecast revenue ⁠growth below expectations and as chairman and co-founder Reed Hastings said he would not seek re-election.

Alcoa shares dropped 2.7% in premarket trading after the aluminum producer reported first-quarter earnings and revenue that fell short of expectations, despite higher aluminum prices.

Ericsson reported a first-quarter core profit that slightly missed market expectations, citing ‌increasing chip costs caused by artificial intelligence demand and a sales slowdown in North America. The shares fell 2.1% in premarket trading.

United Microelectronics shares jumped another 7.9% in premarket trading. The company gained 6.7% on Thursday.

Blaize shares surged 27.8% in premarket trading following a contract of up to $50 million with technology company NeoTensr for AI edge data center infrastructure across Asia Pacific and a strategic Memorandum of Understanding with rugged technology maker Winmate targeting sovereign, mission-critical edge AI deployments.

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