Netflix (NFLX.O) reported Q3 2026 revenue of $12.87 billion, matching consensus of $12.87 billion.

Elice Group, a Seoul-based AI services firm that plans portable modular data centers, fell 28% on its first day of trading to 65,300 won from an IPO price of 90,500 won. The company raised 201.1 bln won (~$150m) in the offering and saw institutional demand of 388.84x during the IPO. Investors, citing high inflation and elevated borrowing costs, are increasingly skeptical that capital-intensive AI projects will deliver near-term returns and secure follow-on financing, Kiwoom Securities analyst Kim Hak-joon said. The sell-off has cooled sector investment appetite and stalled other firms’ listing plans.

Australia's communications minister said the government will sue Facebook and other platforms for failing to comply with a nationwide social media ban for under-16s.