Core Viewpoint - Netflix has reported a strong quarter driven by record-breaking live sports events, but the company is cautious about entering expensive sports deals [1][8]. Group 1: Performance Highlights - The fourth quarter was bolstered by significant live sports events, including the Jake Paul-Mike Tyson fight, which was the most-streamed sporting event ever, and the NFL Christmas Day games, which were the two most-streamed NFL games in history [2]. - Netflix has secured exclusive US rights to the FIFA Women's World Cup for 2027 and 2031 and has initiated a major partnership with WWE [2]. Group 2: Analyst Insights - Analysts are advocating for Netflix to expand its sports portfolio, although they note that few US sports rights will be available for renewal in the coming years [3]. - The NBA has a contract for the next 11 years, and the NFL signed an 11-year deal in 2021, with ESPN's UFC rights becoming available in 2025, which may present an opportunity for Netflix [4]. Group 3: Strategic Approach - Netflix executives emphasized that the company will maintain its current strategy regarding sports, treating it as part of its live programming, which also includes other live events [4][6]. - The company aims to leverage live programming, particularly sports, to enhance its advertising business, which is expected to accelerate in 2025 and beyond [4][8]. Group 4: Cost Management - Netflix is committed to cost discipline, indicating that live sports will likely represent a small percentage of total view hours and content expenses [5]. - The company has expressed a preference for owning content rather than renting, which aligns with its cautious approach to the rising costs of live sports rights [5][6].

Core Insights - Netflix has increased its subscription prices in the US, with the standard plan now costing $17.99, up from $15.49, and the premium plan rising to $24.99 from $22.99. The ad-supported plan has also seen an increase to $7.99 from $6.99 [1][6] - The price hikes are in line with industry trends, as competitors like YouTube TV and Disney have also raised their prices significantly [2] - Despite the price increases, Netflix remains the most cost-effective streaming service on a per-hour basis, with users on the ad-free plan paying approximately $0.33 per hour and those on the ad-supported plan paying about $0.15 per hour [3][4] Subscriber Growth and Financial Performance - In Q4 2024, Netflix added nearly 19 million subscribers, exceeding Wall Street's expectations, and generated $1.8 billion in net income [5] - The company anticipates generating close to $2.5 billion in net income for Q1 [5] Customer Retention and Content Strategy - Netflix boasts a low churn rate of 1.8%, indicating strong customer satisfaction and perceived value [4] - The price hikes coincide with Netflix's investment in live programming, including NFL games, which have attracted large audiences [4]

Core Insights - The number of new Netflix subscribers increased significantly in the fourth quarter, adding 19 million new paid users, marking the largest quarterly net additions in the company's history [1][3] - Quarterly revenue reached $10.2 billion, reflecting a 16% increase compared to the previous year, surpassing analysts' expectations of $10.11 billion [1][2] Subscriber Growth - Netflix's subscriber growth was driven by efforts to crack down on password sharing, which led to an influx of new subscribers [2] - The company gained 13 million paying viewers in the same quarter of the previous year, indicating a substantial year-over-year growth [1] Market Reaction - Following the announcement, Netflix shares rose as much as 11% in after-hours trading, reflecting positive investor sentiment [2] Future Reporting Changes - Netflix will cease reporting quarterly subscriber numbers starting in 2025, which may impact how the market evaluates its growth moving forward [2][3] Content Performance - The release of season two of "Squid Game" contributed to the subscriber growth, breaking the record for premiere week viewership [2]

Two sets of analysts downgraded Apple, citing weak iPhone demand.Apple's AI-powered iPhone 16 has had mixed reviews; its biggest feature is unavailable in China.Chinese smartphone makers like Xiaomi are gaining market share over Apple in the key region.Wall Street's confidence in Apple's China performance seems to be slipping as its first-quarter fiscal year 2025 earnings announcement approaches. Apple, which is scheduled to report quarterly data on January 30, was downgraded to "underperform" by analysts a ...

Meta will pay TikTok creators who post on Instagram and Facebook with a new program.The "Breakthrough Bonus" will pay eligible creators up to $5,000 within a 90-day period.Meta will also ink "content deals" with TikTok creators, a spokesperson told Business Insider.TikTok is back for now, but Meta is looking to get its creators to post on Instagram and Facebook. Meta is paying "eligible TikTok creators to help jumpstart their growth on our apps," a Meta spokesperson told Business Insider. The program began ...

Nvidia CEO Jensen Huang used CES 2025 as an opportunity to highlight autonomous vehicle tech.Nvidia's Orin chips will power Toyota's driver-assist features, in a new partnership.The chip designer offers a "shot in the arm" for a floundering industry.Nvidia CEO Jensen Huang says true self-driving cars require three advanced computers. There's a computer to train the models to understand the world, the computer running simulations that allow these models to practice encountering important but unlikely scenari ...

A TikTok ban could happen as early as January 19.A ban could mean the migration of users — and billions of ad dollars — to competitors.Meta could gain up to $3.38 billion solely through freed up ad revenue, eMarketer estimated.If TikTok is booted from US app stores, Meta could stand to be one of the largest beneficiaries, analysts say. TikTok, the video platform owned by China's Bytedance, faces an impending ban if the US Supreme Court upholds a law that forces the parent company to divest from TikTok's US ...

Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by BI.A spokesperson said the cuts affect about 200 employees.Amazon has been trying to expand in apparel and fashion categories for years.Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by Business Insider. One of the internal messages, posted to an internal Amazon Slack channel, said San Diego-based employees in this group, known as F2, were let go recently.An Amazon sp ...

Core Insights - Companies often use euphemistic language to describe job cuts, such as "reduction in force" or "non-regrettable attrition," to avoid alarming investors and employees [2][3][10] - Despite the use of softer terms, the impact on affected workers remains significant, and such language does not mitigate the emotional toll of layoffs [6][13] Group 1: Company Practices - Meta announced it would cut an additional 5% of "low-performers," referring to this as "non-regrettable attrition," which has drawn criticism for its euphemistic nature [2][8] - Amazon employs the term "unregretted attrition" for similar job cuts, reflecting a trend among companies to avoid the term "layoff" [2][5] - Bumble plans to cut about 30% of its workforce in 2024 to align its operating model with future strategic priorities [5] Group 2: Expert Opinions - Experts argue that the euphemistic language used by companies often fails to soften the blow for employees and can lead to decreased morale and productivity [6][10][13] - Steve McClatchy noted that such language attempts to reassure investors but often backfires, as it does not address the underlying issues of poor hiring and management [3][9] - Sandra Sucher highlighted that terms like "non-regrettable attrition" are designed to sugarcoat layoffs, implying that employers have control over workforce changes when they often do not [11][12] Group 3: Social Reactions - The use of euphemisms has led to public mockery on social media, with users expressing cynicism about terms like "non-regrettable attrition" [2][16] - The phrase "rank and yank" is used in HR contexts to describe the practice of scoring and removing the worst performers, which can also contribute to a negative perception among employees [16]

Core Insights - The president of Emirates airline emphasizes the need for Boeing's new CEO to improve worker treatment to foster better company performance [1][6] - Boeing has faced significant challenges, including a seven-week strike and certification delays for the 777X model, leading to a decline in aircraft deliveries [2][3] - The company delivered only 348 planes in 2024, marking its lowest output since the pandemic [3][6] Company Performance - Boeing's shares fell by 31% in 2024, making it the largest decliner among the 30 stocks in the Dow Jones Industrial Average [5] - The company is undergoing a production overhaul under new CEO Kelly Ortberg, who took over in August [4] Industry Context - Emirates is one of Boeing's largest customers, with a significant order of over 200 modernized 777X aircraft [3] - Tim Clark believes Boeing's recovery will take years, suggesting that the company must prioritize quality and safety in aircraft production to regain profitability [4]