Net Power Inc

Netflix shares edged lower after hours as the Justice Department examines potential anti-competitive conduct in its $82.7 billion Warner Bros Discovery acquisition. The streamer says it is unaware of any probe beyond standard merger review.

Tower Semiconductor shares climbed 7.7% to $139.04 following a collaboration announcement with Nvidia on AI data-center optical modules. Investors now await the company's Feb. 11 earnings report for details on the photonics business ramp.

Fabrinet shares surged nearly 14% Friday following a robust quarterly report and multiple analyst target increases. The company exceeded revenue and earnings guidance, with Barclays raising its price target to $548.

Netflix shares closed 1.6% higher at $82.20 amid a deepening Justice Department antitrust review of its $82.7 billion Warner Bros Discovery acquisition. Director Reed Hastings reported transferring 241,944 shares via a family trust.