Netflix Stock Rose 4% While the AI Trade Sold Off on Monday
Its Capital Goes Into Shows, Not Silicon
The streamer put $415 million into property and equipment in the first half of 2026 — about 1% of what Alphabet spent in the second quarter alone.
By Daniel Sparks — Sep 14, 2026 at 3:27PM EST
Key Points
Stocks tied to the artificial intelligence (AI) build-out fell on Monday after leaders at Anthropic and OpenAI called for the industry to slow down.
Netflix put $9.9 billion of cash into content in the first half of 2026 — a stark contrast to its $415 million investment in property and equipment.
Netflix expects to generate about $12.5 billion of free cash flow in 2026.
