Netflix’s (NFLX) Subscriber Base is Expanding Rapidly

Yahoo Finance AU
Resort's 'ridiculous' cashless excuse as Aussies cop $4b hit: 'Screwing over people who can least afford it'
The excuses being concocted by Australian businesses for not accepting cash are becoming more and more ridiculous.
6 hours ago
Yahoo Finance AU
Commonwealth Bank cuts 11 interest-free days from its rewards cards
The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
11 hours ago
Bloomberg
Jerome Powell offered markets a reprieve. It vanished in a blink.
(Bloomberg) -- Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes despite inflationary pressures. The celebration didn’t last long.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic E
9 hours ago
Reuters
Australian retailer Woolworths to sell $303 million stake in Endeavour Group
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
a day ago
Reuters
Trump raises stake in his media firm to nearly 65%
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
a day ago
Reuters
Australia banks face profit squeeze on rising costs, mortgage competition
Australia's biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up a possible reversal of a stock rally that analysts said has left the sector overheated. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have instead spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin" and putting downward pressure on profit, analysts said.
a day ago
GOBankingRates
Suze Orman Says This Is the Only Way To Be Investing in the Stock Market
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
14 hours ago
Yahoo Finance AU
Graph proves some Aussies shouldn't whine too hard about cost-of-living
The cost-of-living crisis has hit some harder than others and the pain being dished out is far from over.
3 hours ago
Insider Monkey
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript April 30, 2024 LTC Properties, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call. At this […]
17 hours ago
Bloomberg
NYCB Soars on Calmer Results as CEO Embarks on an Overhaul
(Bloomberg) -- New York Community Bancorp Inc. shares jumped after the troubled lender posted results that were better than feared and executives outlined a plan for reshaping it into a more diversified and profitable bank.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire
17 hours ago
NCA NewsWire
Woolies warns of ‘shift’ in spending
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
9 hours ago
WWD
Cartier, Omega, Breitling, Audemars Piguet, and Hublot Watches Lost Value in Secondary Market, Said Chrono24
Timepieces from Jaeger-LeCoultre experienced the greatest increase in value, up 3.97 percent, in the first quarter of 2024.
14 hours ago
Bloomberg
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAfter more than doubling this year, futures traded in Ne
2 days ago
Insider Monkey
Oatly Group AB (NASDAQ:OTLY) Q1 2024 Earnings Call Transcript
Oatly Group AB (NASDAQ:OTLY) Q1 2024 Earnings Call Transcript April 30, 2024 Oatly Group AB isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to the Oatly Group First Quarter 2024 Earnings Call. At this time all participants […]
19 hours ago
Bloomberg
Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal
(Bloomberg) -- Tesla Inc. gave back some of its $82 billion gain in market value as several analysts questioned just how meaningful it is that Chief Executive Officer Elon Musk secured tacit approval to offer driver-assistance features in China.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving S
2 days ago
Reuters
UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products that have struggled in recent years as big tech expanded market share, after the payments firm raised its forecast for full-year adjusted profit. The company's stock had struggled last year on fears that the entry of Apple and Alphabet's Google in digital payments could take away a big chunk of PayPal's mainstay business. PayPal's unbranded businesses have grown, but weakness in its branded business such as Venmo has been central to investor anxieties.
2 days ago
Reuters
Canada's Cenovus Energy beats profit estimate on production boost
Canadian oil and gas company Cenovus Energy beat first-quarter profit estimates on Wednesday due to higher production and refinery throughput, and executives said the start-up of the Trans Mountain pipeline expansion (TMX) would open up new markets. TMX will nearly triple the flow of oil to Canada's west coast to 890,000 barrels per day, which is expected to transform access to global markets for the country's producers. "Our teams have been working with buyers, there's a pretty vast market out there, which is exciting," Drew Zieglgansberger, chief commercial officer at Cenovus, said on an earnings call, adding the company expected some "bumpiness" in the pipeline's initial operations.
23 hours ago
Yahoo Finance AU
Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline
Macquarie Bank customers only have a few weeks left to access over the counter services.
a day ago
BBC
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.
2 hours ago
Reuters
JGB yields rise with US peers, yen steady as Fed outcome awaited
The yen was steady at 157.87 per dollar following two days of volatile trade that saw it tumble beyond 160 for the first time in 34 years and then spring back as far as 154.40 in what now looks almost certain to have been intervention by Japanese authorities. The 10-year JGB yield rose 2 basis points to 0.89% as of 0543 GMT on Wednesday, recouping some ground lost the previous day, when it fell as low as 0.865%. Monday was a national holiday in Japan, forcing local investors to catch up with two days of declines for U.S. yields.
a day ago

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Netflix’s (NFLX) Subscriber Base is Expanding Rapidly

Latest stories

Resort's 'ridiculous' cashless excuse as Aussies cop $4b hit: 'Screwing over people who can least afford it'

Commonwealth Bank cuts 11 interest-free days from its rewards cards

Jerome Powell offered markets a reprieve. It vanished in a blink.

Australian retailer Woolworths to sell $303 million stake in Endeavour Group

Trump raises stake in his media firm to nearly 65%

Australia banks face profit squeeze on rising costs, mortgage competition

Suze Orman Says This Is the Only Way To Be Investing in the Stock Market

Graph proves some Aussies shouldn't whine too hard about cost-of-living

LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript

NYCB Soars on Calmer Results as CEO Embarks on an Overhaul

Woolies warns of ‘shift’ in spending

Cartier, Omega, Breitling, Audemars Piguet, and Hublot Watches Lost Value in Secondary Market, Said Chrono24

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Oatly Group AB (NASDAQ:OTLY) Q1 2024 Earnings Call Transcript

Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal

UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth

Canada's Cenovus Energy beats profit estimate on production boost

Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline

US warns rates to stay high as it battles inflation

JGB yields rise with US peers, yen steady as Fed outcome awaited