Forget Nvidia: Try This Secret Instead

Wall Street icon Larry Benedict has discovered a unique way to crush Nvidia. All you have to do is change one letter in Nvidia's ticker symbol, and you could get two- or three-times bigger gains. Same thing with Tesla... Apple... and more. Sounds impossible, but it's true.

Netflix In Hot Water As Tax Fraud Investigators Raid French, Dutch Offices: Report

Navdeep Yadav
November 05, 2024

Netflix Inc. (NASDAQ:NFLX) is currently under investigation for potential tax fraud in France and the Netherlands.

What Happened: The offices of the streaming giant were searched by investigators on Tuesday morning as part of a preliminary inquiry into alleged tax fraud and money laundering, reported Reuters.

The investigation, led by the French National Financial Prosecutor’s Office (PNF,) is focused on potential financial crimes and corruption. The probe, which began in November 2022, has led to searches at Netflix’s offices in central Paris and its European headquarters in Amsterdam.

A preliminary investigation in France does not automatically indicate that criminal charges will be filed or that a trial will occur.

See Also: Mark Cuban’s Million-Dollar Advice To Teens: ‘If I Were 16 Again, I’d Start This Lucrative Side Hustle’

Dutch authorities were simultaneously searching Netflix’s European headquarters in Amsterdam, according to the French judicial source. Neither Netflix France nor Netflix Netherlands have released a statement.

Netflix did not immediately respond to Benzinga’s request for comment.

Why It Matters: In 2022, Netflix settled a tax dispute with Italy by paying 55.8 million euros ($60.78 million). The company, which opened its Paris office in 2020, produces most of its original films and series by working with third-party contractors.

This investigation comes at a time of significant change within Netflix. The company recently restructured its leadership, with the departure of two key executives, Rachel Whetstone, chief communications officer, and Dean Garfield, VP of public policy. This restructuring was part of a planned change announced by Co-CEO Ted Sarandos.

Price Action: Netflix stock, which has gained 61.26% so far this year, was down 0.2% during premarket trading on Tuesday, according to Benzinga Pro data.

Read Next:

  • Don’t Ever Use This Word Around Mark Cuban: ‘You Sound Stupid … Because You’re Trying To Sound Smart’

This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

Tesla Cybertruck Bet Not Paying Off? Ford, GM Outsell EV Giant

Elon Musk's dream of having a top-selling electric pickup may be a thing of the past as the Cybertruck continues to see declining demand.

Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit

Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with incomes up to $75,000 benefit most.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Semiconductor Stocks React To Key Policies And Earnings

Semiconductor chip companies, including Nvidia, AMD, Broadcom, Marvell Tech, and Super Micro had a volatile week due to trade policies and earnings.

Li Auto's Strong Q2 Deliveries Mask June's Steep Decline

Li Auto (LI) reported 36,279 vehicles delivered in June 2025, down 24.1% YoY. Q2 saw a 2.4% YoY increase with 111,074 vehicles delivered. Li's cumulative deliveries since inception reached 1,337,810.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Coldplay's jumbotron captures — what exactly? The internet has its theories

LONDON (AP) — It started out as a routine bit of fun at a Coldplay concert: Lead singer Chris Martin asked the cameras to scan the crowd for his “Jumbotron Song,” when he sings a few lines about the people the camera lands on.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Drone attacks on oil fields in Iraq's Kurdish region shut down another facility

BAGHDAD (AP) — Drones targeted Wednesday, the latest in a series of attacks in recent days that have put several oil facilities out of commission.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Elon Musk Once Revealed How He Comes Up With 'Crazy Ideas' — And Gets Them Off The Ground Even When Funding Is Scarce

Elon Musk once explained that he turns ambitious ideas into reality by starting with low-cost software ventures, using first principles thinking, and combining insights across industries—even without major funding.

Cathie Wood Doubles Down On Tesla Amid Elon Musk's Feud With Trump, Sells $3 Million Worth Of Coinbase Stock

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. and Coinbase Global Inc. . These trades reflect Ark’s strategic positioning amid ongoing market developments.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new era

NEW YORK (AP) — When limits on liquids were introduced at TSA checkpoints across the country in 2006, bins overflowed with bottled water, toothpaste, shaving cream and so much more. Nearly two decades later, travelers are much more accustomed to the “3-1-1” regulations" governing the size of the liquids they're flying with, but scenes of passengers guzzling a beverage before putting their bags through the screening machines are still common.

Trump Hit With Backlash Over Use of Antisemitic Slur at Iowa Rally

President Trump faced criticism from Jewish leaders and lawmakers on Friday after using a term historically associated with antisemitic stereotypes.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Do as I say, not as I do: On my failings as an investor

If a knowledgeable observer trained his or her sights on my choices, what are the trouble spots they would identify? Here are some of the biggies.

Tariff-Driven Cash Payouts, Right Off Your Smart Phone? - Ad

The U.S. Treasury has raked in $15B from Trump's tariffs - and now, thanks to Title 15, you could pocket $100-$1,000 upfront payouts yourself. No stocks needed. Just use your phone and my #1 income strategy to start collecting now.

Ohio awards $310 million to US defense contractor for 4,000-worker advanced manufacturing facility

COLUMBUS, Ohio (AP) — Defense contractor Anduril Industries has been awarded a $310 million grant from Ohio's job creation office, as the company prepares to build a massive advanced manufacturing facility near Columbus.

ASML Stock Plunges Nearly 8% In Wednesday Pre-Market: What's Going On?

Shares of Dutch semiconductor firm, ASML Holding NV (NASDAQ: ASML), has declined 7.46% during Wednesday pre-market trading, after the company expressed concerns over its 2026 growth prospects.

President Trump's "Pure Genius" Crypto Plan - Ad

First came "Make America Great Again" (MAGA)... Then came "Make America Healthy Again" (MAHA)... Now comes President Trump's boldest initiative yet. Jeff Brown calls it "Project MAFA." It's a revolutionary crypto plan that could flood a tiny corner of the market with up to $3.7 trillion. Already, it's helping small plays jump as high as 300%, 318%, 520%, and even 600%. For a few days only, Jeff's sharing everything - including how to get a huge discount on his research.

House sends bill regulating stablecoins, a type of cryptocurrency, to Trump

WASHINGTON (AP) — The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President has pushed to make the U.S. the “ of the world.”

Bitcoin, Ethereum, XRP Lead Crypto Market Cap Rebound Above $4 Trillion

The total cryptocurrency market capitalization has exceeded $4 trillion, led by strong price movements in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO:

Major Rollout of Social Security X? - Ad

Before leaving D.C., Elon Musk may have greenlit "Social Security X"-a digital overhaul backed by Trump. Set to launch as soon as July 23, this shift could impact 72M Americans-and send 3 tiny tech stocks soaring.

Trump's bid to claw back $9B in foreign aid and public broadcasting funds nears Senate vote

WASHINGTON (AP) — President Donald Trump's request to cancel about $9 billion in foreign aid and public broadcasting spending is nearing passage in the Senate, an action that would have a tiny impact on the nation's rising debt but could have major ramifications for future spending fights in Congress.

Forget Nvidia: Try This Secret Instead - Ad

Wall Street icon Larry Benedict has discovered a unique way to crush Nvidia. All you have to do is change one letter in Nvidia's ticker symbol, and you could get two- or three-times bigger gains. Same thing with Tesla... Apple... and more. Sounds impossible, but it's true.

ASML Rises 1.1% After Key Trading Signal

A significant trading signal occurred for ASML Holding stock as it demonstrated a power inflow at $817.45, after which ASML rose up to 1.1%.

Who's calling? A reporter, and it's often President Donald Trump answering

For reporters, it's hardly unusual to call sources on the phone to learn details or get quotes that will enliven their stories. Sometimes people will talk, sometimes they won't.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

PHOTO ESSAY: In rural Alaska, collecting driftwood saves time, money and brings jobs

GALENA, Alaska (AP) — As ice breaks on the Yukon River, Jake Pogrebinsky looks at the water from shore, searching for a large log floating downstream.

Capgemini Doubles Down On Agentic AI With $3.3 Billion WNS Acquisition

Capgemini acquires WNS for $3.3B, creating a global leader in AI-powered Intelligent Operations. Deal expected to close by year-end.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

JPMorgan's Plan To Impose Fees On Data Aggregators Could 'Cripple' The Crypto Industry, Say Execs: 'This Would Put Everyone Out Of Business'

JPMorgan Chase & Co's  (NYSE: JPM) plan to introduce fees for transactions involving cryptocurrencies and third-party services could significantly cripple the fintech industry, say experts.

Tim Cook's New Job Is Keeping Trump 'Happy,' Says Economist Justin Wolfers: 'Innovation Takes A Back Seat To Political Favoritism'

According to University of Michigan economist Justin Wolfers, in recent months, Apple Inc. (NASDAQ: AAPL) CEO Tim Cook has been spending far more time managing politics than pursuing new innovations.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

1.4M of the nation's poorest renters risk losing their homes with Trump's proposed HUD time limit

WOODINVILLE, Wash. (AP) — Havalah Hopkins rarely says no to the chain restaurant catering gigs that send her out to Seattle-area events — from church potlucks to office lunches and graduation parties.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service