Latest in Netflix shares soar as company reports surging revenue, tops 300 million subscribers
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Netflix to raise prices in US as new subscribers soar
Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.BBC News - 1h -
Netflix’s stock surges as huge subscriber beat goes beyond traction with sports
Analysts predicted live sports might power a Netflix subscriber beat. But as the company trounced the expectations, management said sports drove only a “small minority” of additions.MarketWatch - 8h -
Netflix Raises Prices Across Plans, Reports Record Jump in New Subscribers
The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.The Wall Street Journal - 11h -
Netflix Raises Prices After Adding 19 Million Subscribers in Latest Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.The New York Times - 11h -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.NBC News - 12h -
Netflix shares jump as it adds record number of subscribers
Streaming pioneer’s total number of customers passes 300mn as it receives boost from live sportsFinancial Times - 10h -
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts.CNBC - 11h -
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...The Guardian - 11h -
Cannon blocks DOJ from sharing Smith's Mar-a-Lago report with lawmakers
U.S. District Judge Aileen Cannon blocked the Justice Department from sharing with four top lawmakers the volume of former special counsel Jack Smith’s report reviewing his investigation into ...The Hill - 18h -
UK companies on list of top R&D spenders almost halves in a decade
Research highlights rise of China as key rival to US in spending on innovation, including AIFinancial Times - 21h -
US share of global foreign direct investment surges to record
‘Exceptionalism’ of world’s biggest economy expected to continue as strong domestic demand drives inward flowsFinancial Times - 1d -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - 3d -
Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 4d -
Explaining what Department of Education's startling Title IX memo could mean for revenue-share future
The incoming Trump administration could quickly strike Thursday's 11th-hour guidanceCBS Sports - 4d -
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.CNBC - 4d -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.The Wall Street Journal - 5d -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - 5d -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - 5d -
How a Company Makes Millions Off a Hospital Program Meant to Help the Poor
A private business has helped supercharge a controversial federal drug program. Patients and insurers have been left with big bills.The New York Times - 5d -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - 5d -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - 5d -
Entertainment, tech companies donate millions to LA wildfire relief effort
Companies are pledging millions in donations to aid relief efforts for victims of the Los Angeles wildfires.CNBC - 6d -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - 6d -
Pfizer Sells 700 Million Haleon Shares for $3 Billion
The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.The Wall Street Journal - Jan. 15 -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - Jan. 11 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - Jan. 10 -
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
As birth rates fall in Asia, companies focus on nostalgic toys for young adultsFinancial Times - Jan. 10 -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - Jan. 8 -
The UK music industry is reporting record revenues. The reality is much gloomier | Eamonn Forde
We’re apparently spending more on music than any time since the CD era – but the calculation methods are archaic, and don’t reflect the low incomes for many artists. • News: UK music sales hit ...The Guardian - Jan. 8 -
LGBTQ rights group reports progress at U.S. companies despite conservative backlash
The HRC said that more companies are providing strong benefits and protections to LGBTQ employees despite conservative backlash in recent years.NBC News - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
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Netflix’s Squid Game: Unleashed hits No. 1 top free game in 24 countries
Netflix announced that its Squid Game: Unleashed mobile game has reached No. 1 Top Free Action Game in 57 countriesVentureBeat - Dec. 31
