5 things to know before markets open on Friday

Stocks rose in yesterday’s trading after President Donald Trump announced that Israel and Lebanon had agreed to a 10-day ceasefire and would invite the leaders of both countries to the White House for peace talks. Iran has previously claimed that Israel’s attack on Lebanon was a violation of its own ceasefire with the United States.

Here’s what you need to know:

Netflix Yesterday’s first quarter sales exceeded analysts’ expectations. The streaming giant saw a significant increase in earnings per share thanks to the $2.8 billion breakup fee it received after the proposed termination. warner bros discovery transaction.

The California-based company also announced significant management changes. Chairman, co-founder and former CEO Reed Hastings will step down from Netflix’s board of directors after his term ends in June. Co-CEO Ted Sarandos dismissed the idea that Hastings’ departure was related to the WBD deal, calling Hastings a “huge champion” of Netflix’s bid for the WBD assets.

Netflix stock fell about 10% in premarket trading.

As the Nasdaq continues its winning streak, there is a tale of two sectors playing out in the tech industry.

Quantum stock soared this week on investor optimism. Nvidia‘s open source artificial intelligence model accelerates the adoption of quantum computing. ion Q and D Wave Quantum The stock has soared more than 50% this week alone. quantum computing and righetti computing It has increased by more than 30%.

at the same time, taiwan semiconductor and ASML Despite strong financial results from both chip makers, sales were sluggish. As CNBC’s Katie Tarasoff reports, their move is the latest example of chipmaker stocks buckling under the weight of lofty expectations.

allbirds It’s not the only company to unexpectedly pivot to AI this week: Social media company Midium announced that it is focusing on using AI agents for personalization on its platform.

The penny stock’s stock price rose about 130% in Thursday trading. The company said it will change its name to Myseum.AI but will continue to trade under the MYSE ticker.

The move comes as retail investors flocked to Allbirds’ stock after the company announced it would shift its focus from shoes to AI. But as CNBC’s Yun Lee points out, history shows that these kinds of deals usually don’t work out.

Health and Human Services Secretary Robert F. Kennedy Jr. suggested this week that regulators may ease restrictions on peptides. That may be welcome news for everyone. him and her Because we are looking for the next growth driver for GLP-1.

As CNBC’s Brandon Gomez reports, the telemedicine company has been in the peptide business for years, most notably acquiring a California-based peptide facility in 2025. Peptides are controversial. The production of peptides is largely unregulated, and there is limited scientific data regarding the long-term safety and efficacy of their use.

Here’s what you may have missed this week.

— CNBC’s Haley Cucinello, Kevin Brueninger, Dan Mangan, Sean Conlon, Lisa Kailai Han, Greg Iacrussi, Spencer Kimball, Ying-Shan Li, Lillian Rizzo, Samantha Subin, Katie Tarasoff, Yun Li and Brandon Gomez contributed to this report.

Davis Giangiulio helped produce this newsletter. Josephine Rozzelle edited this version.

Correction: Netflix reported earnings per share that did not match analyst expectations for the first quarter. A previous version of this newsletter incorrectly stated that fact.