Sep 18, 2026 · 6 min
Crypto stocks rally as Netflix and steelmakers lose ground
Coinbase Gains, Netflix Under Pressure, Nucor Falls
The episode contrasts renewed crypto-market momentum with weakening confidence in streaming growth and steel-industry margins.
- 1Coinbase, Robinhood, and Circle rise as Bitcoin surpasses $80,000 and regulators support trading in certain tokenized stocks.
- 2Wells Fargo’s Netflix downgrade reflects weak engagement and a perceived shortage of breakout original content.
- 3Nucor and Steel Dynamics face margin pressure as input costs rise faster than output prices and guidance disappoints.
Don't miss
The sharpest contrast comes as crypto-linked stocks rally on Bitcoin momentum while Netflix faces a sell rating over weak engagement and missing breakout content.
The brief
Crypto-linked stocks lead the report as Bitcoin moves above $80,000 and regulatory support for certain tokenized securities improves the sector’s outlook.
Coinbase and Robinhood rise, but the discussion also notes the failed Clarity Act, leaving the broader regulatory path unresolved.
Netflix comes under pressure after Wells Fargo issues a sell rating, citing weak engagement and a lack of recent breakout original series.
Nucor and Steel Dynamics fall on disappointing guidance as rising input costs and slower-growing output prices squeeze steelmakers’ margins.
The episode closes by previewing a smart-cities discussion with Jacob Greaves, Rohit Krishnan, and Estefanía Tapias on AI and Dubai’s urban planning.
What was said on this episode
12 statements · 8 positive · 4 negative
Tokenized stock trading could expand Coinbase and Robinhood’s addressable markets.
“it, of course, tends to benefit these companies as that would really expand their addressable markets”
Listen at 1:13
Officials are ready to advance digital-asset regulation under the five-year plan.
“officials are ready to move forward with the digital asset regulation”
Listen at 1:35
The crypto industry is receiving some regulatory relief after the Clarity Act failed.
“there's a little bit of regulatory relief for this industry”
Listen at 1:46
Netflix shares have fallen about 50% since June 2025.
“it has really been severely under pressure, down about 50% since June 2025”
Listen at 2:42
Nucor and Steel Dynamics issued third-quarter guidance below Wall Street expectations.
“three-quarter guidance that underwhelmed Wall Street's expectations”
Listen at 3:28
Faster-rising input costs than output costs are compressing steelmakers’ margins.
“that's due to the mismatch between fast rising input cost and slower rising output costs for these companies”
Listen at 3:44
Nucor’s raw-material recycling business is experiencing lower prices and shipments.
“the recycling business that is seeing lower prices and lower shipments”
Listen at 3:57
Nucor and Steel Dynamics shares rose 50% and 40% this year.
“They had a solid run up 50 and 40 percent this year”
Listen at 4:06
AI will accelerate and compress processes in smart-city systems.
“AI will allow in the smart city space to compress a lot of things. The speed will change.”
Listen at 4:57
Dubai is adopting smart-city technology as a growth engine.
“Dubai is one city embracing such technology as a growth engine”
Listen at 5:03
Dubai responded effectively to its sudden population increase.
“they reacted very well to it”
Listen at 5:23
Dubai has a long-term urban-planning vision.
“They have a long-term urban planning vision”
Listen at 5:25
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Coinbase Global, Inc.
Nucor
Bloomberg Audio Studios
Bloomberg: Business News DailyBooks & mentions
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