Netflix is once again raising the price for its streaming service as the brand hits over 300 million subscribers across the globe.
Netflix beats expectations and reports stellar growth and forecasts for 2025. China could see 10% tariffs on goods going to the US from next month, which is lower than expected. UK public borrowing figures for Dec likely to weigh on bond market, and put pressure on UK to cut public spending quickly and rapidly.
Netflix surged late on earnings. President Trump touted a "Stargate" AI investment plan by Oracle, OpenAI and SoftBank.
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Donald Trump’s threat of a 10% tariff on goods imported from China today led to weaker sessions for the Shanghai Composite and the Hang Seng index. The benchmarks have fallen 0.9% and 1.8% respectively, while the Nikkei 225 is up by 1.6% after last night’s positive Wall Street session.
IMAX will partner with Netflix to release Greta Gerwig's 'Chronicles of Narnia' film adaptation on 1,000 screens for a month. Here's why.
Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.33%. March E-mini S&P futures (ESH25) are up +0.55%, and March E-mini Nasdaq futures (NQH25) are up +1.
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.
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Hong Kong shareholders of Shanghai Henlius Biotech on Wednesday rejected Chinese conglomerate Fosun International's buyout offer, which would have valued the drugmaker at HK$13.37 billion ($1.72 billion).
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On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a net energy exporter, which might have lasting implications for global oil prices.