Day: October 18, 2023
CNBC Day-to-day Open: Earnings year in total swing, Treasury yields at multi-year highs
Folks stroll around the New York Stock Trade on July 18, 2023 in New York Town See Push | Corbis Information | Getty Photos This report is from modern CNBC Day by day Open, our new, intercontinental markets e-newsletter. CNBC Every day Open up brings traders up to speed on all the things they require […]
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Sports programming still dominates TV, and Netflix is leaning more into it
Rafael Henrique | Lightrocket | Getty Images Whether it’s streaming or traditional TV, sports keep audiences coming back to their screens — and Netflix is working on getting more into the game. Following some quarters of stagnation, Netflix is back to adding more subscribers, with the help of adding new business models such as a […]
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Disney gives investors a look at ESPN financials, including recent revenue declines
SportsCenter at ESPN Headquarters. The Washington Post | The Washington Post | Getty Images The reorganization of Disney‘s business is giving investors a glimpse at ESPN’s financials for the first time. The inside look – which shows ESPN’s revenue has been decreasing in recent quarters – comes as the parent company looks for a strategic […]
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Anthropic’s AI chatbot Claude is submitting lyrics to common tunes, lawsuit promises
Recording artist Katy Perry performs onstage for the duration of the Pepsi Super Bowl XLIX Halftime Clearly show at College of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. (Picture by Kevin Mazur/WireImage) Kevin Mazur | WireImage | Getty Images Common Audio sued AI startup Anthropic about “systematic and widespread infringement of their copyrighted […]
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Inventory futures tick better as traders search ahead to critical Fed Chair Powell speech: Reside updates
A trader will work on the floor of the New York Stock Exchange. Peter Kramer | CNBC Inventory futures inched greater Wednesday evening. Futures tied to the Dow Jones Industrial Average included 21 factors, or .06%. S&P 500 futures ticked up .06%, while Nasdaq 100 futures attained .1%. In after-several hours trading, electric car or […]
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Pfizer to price Covid drug Paxlovid at $1,390 per course
Paxlovid, Pfizer’s antiviral medication to treat the coronavirus disease, is displayed in this picture taken on Oct. 7, 2022. Wolfgang Rattay | Reuters Pfizer will price a five-day course of its Covid antiviral drug Paxlovid at $1,390 when the company starts to transition it to the commercial market later this year. A company spokesperson on […]
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SpaceX, Blue Origin, Virgin Galactic executives urge senators to improve the FAA
A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on October 13, 2023. Chandan Khanna | AFP | Getty Images With the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged senators to improve the […]
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Google cuts dozens of work opportunities in news division
Google headquarters in Mountain Check out, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Illustrations or photos Google lower dozens of jobs in its information division this week, CNBC has learned, downsizing at a specially sensitive time for on line platforms and publishers. An believed 40 to 45 personnel in Google Information […]
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Netflix flips the streaming script all over again with a return to expansion method
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile Planet Congress 2023. Joan Cros | Nurphoto | Getty Photos Netflix is correcting the Terrific Netflix Correction. There once was a time, extended back in April 2022, when Netflix reported a decline of 200,000 subscribers. The firm forecast it would […]
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Netflix pops 12% as income beats anticipations, advert-tier subscriptions increase
Thomas Trutschel | Photothek | Getty Photographs LOS ANGELES — Netflix shares popped much more than 12% immediately after the closing bell Wednesday as the corporation described a improve in subscriber expansion driven by a password-sharing crackdown initiatives and fascination in its new advertisement-supported tier. The streaming huge added 8.76 million international subscribers in the […]
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