Netflix saw a 6% increase in their stock after the streaming giant added 7.66 million net subscribers in the fourth quarter, surpassing the 4.57 million that was anticipated by StreetAccount.

CarMax's shares fell 4.8% after JPMorgan downgraded the company to underweight. JPMorgan said that investors are not fully pricing in the risks surrounding CarMax, and that hopes for a recovery look premature. CarMax fell 53% in 2022 but has risen 18% since its disappointing quarterly results in December.

Binance CEO Changpeng Zhao said Wednesday that the company is planning a hiring spree in 2023, even as other crypto firms are laying off large numbers of employees amid continued pressure on coin prices. This is a somewhat contrarian view, but one that could pay off big for Binance if the crypto market recovers.

The brother of a former Coinbase employee has been charged with insider trading. An employee of Global Inc. was sentenced to 10 months in prison by a New York federal court on Tuesday for his part in what prosecutors have called the first cryptocurrency insider-trading scheme.

This year, Intel's spinoff of Mobileye was the only noteworthy tech offering in the United States.