Netflix, Rivian, Microsoft: Trending Tickers

Netflix (NFLX) is reportedly expanding its efforts to make unscripted TV, with the streaming giant reportedly meeting with Spotify (SPOT) and The Daily Beast, owned by IAC (IAC), according to The Wall Street Journal. Rivian's (RIVN) second quarter production numbers fell short of Wall Street's expectations, putting downward pressure on the electric vehicle (EV) maker. Microsoft (MSFT) is cutting roughly 9,000 workers — around 4% of staff. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here.