Gold fell 6% on Tuesday, its largest decline since August 2020 and second biggest since 2013. After such a steep ascent - its year-to-date gain last week was almost 70% - the inevitable question now is: correction, or crash?That may reflect over-confidence, or complacency. The mood at the IMF/World Bank meetings in Washington last week was far less upbeat, with the recent escalation around rare earths and 100% tariffs marking a new and worrying phase. Markets are priced for significant de-escalation, and if ...

“We’ve proven we know how to scale,” co-CEO Greg Peters said, adding that Netflix has moved from the “crawl” to the “walk” phase of its ad business. Upfront commitments more than doubled, and programmatic growth was even higher — a sign that advertisers are embracing the new ad tech stack. The company said it will introduce interactive ad formats later this year and expand AI-driven targeting and measurement capabilities through 2026, betting that its faster iteration cycle will outpace rival streamers. And ...

Yeah, just um some more commentary commentary here about this dispute with the Brazilian tax authorities yielding lower margins than anticipated. The company does guide to Q4 operating margin of 23.9%. That is lower than the 24.2% street account estimate.But some other areas of strength here. The company talking about its ads business saying they are now on track to more than double our ads revenue in 2025. Um and they concluded the US upfront with commitments more than doubling this year.talking about the ...

The company's earnings came in below expectations, with the stage set for big gains with the company's ad business in the fourth quarter. ...

Netflix's quarter — and stock price — was dragged down by a hefty $619 million expense tied to a Brazilian tax dispute. Netflix otherwise had another standout quarter, notching record revenue fueled by robust viewership for Korean-themed megahits like "Kpop Demon Hunters," "Squid Game," and its Canelo vs. Crawford live boxing event.Netflix's revenue rose 17.2% to a record $11.5 billion in the third quarter, largely in line with expectations from analysts and the company's guidance. A key growth area for N ...

Core Insights - Netflix's third-quarter earnings fell short of Wall Street expectations, with earnings per share at $5.87 compared to the consensus of $6.97, primarily due to a dispute with Brazilian tax authorities affecting operating margins [1][2] - The company reported revenue of $11.51 billion for the June-to-September period, aligning with targets, but operating margin was 28%, below the guidance of 31.5% [1][2][4] Financial Performance - Revenue growth was 17% year-over-year, driven by higher ad revenue, price increases, and subscriber growth [4] - The company achieved its best ad revenue quarter in history and is on track to double ad revenue for the full year compared to 2024 [4] Viewership and Content Strategy - The Season 2 premiere of a key series in September generated over 7 billion viewing minutes, significantly boosting viewership [3] - The Addams Family spinoff played a crucial role in Netflix's advertising strategy [4] AI and Future Outlook - The company expressed an optimistic outlook on the impact of AI, stating it is well-positioned to leverage advances in AI for production and user experience [5][6] - Netflix highlighted the empowering nature of Generative AI for creators, showcasing its application in recent productions [6]

Core Insights - Netflix's shares fell by as much as 7% following a third-quarter earnings miss attributed to an ongoing dispute with Brazilian tax authorities [1][2] - The company reported a net income of $2.55 billion, or $5.87 per share, which is an increase from $2.36 billion, or $5.40, in the same quarter last year [3][6] - Revenue for the quarter rose 17%, driven by membership growth, pricing adjustments, and increased ad revenue, aligning with analyst expectations [2][3] Financial Performance - Operating margin was reported at 28%, below the guidance of 31.5%, primarily due to unexpected expenses related to the Brazilian tax dispute [2] - For the full year, Netflix predicts revenue of $45.1 billion, reflecting a 16% increase from the previous year, consistent with earlier growth expectations [4] - The company has adjusted its operating margin forecast for the year to 29% from the previous 30% due to the impact of the tax matter [4] Future Outlook - Netflix expects fourth-quarter revenues to rise by 17%, driven by further membership additions and growth from subscription price increases and ad revenue [3]

Netflix, Inc. (NASDAQ:NFLX) will release earnings results for the third quarter, after the closing bell on Tuesday, Oct. 21.Analysts expect the Los Gatos, California-based company to report quarterly earnings at $6.97 per share, up from $5.40 per share in the year-ago period. The consensus estimate for Netflix's quarterly revenue is $11.51 billion, compared to $9.82 billion a year earlier, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in eight straight quarters.Net ...

The dominant streamer reported higher revenue and profit for the third quarter, driven by membership growth, increased ad revenue and price hikes, continuing a strong run for the dominant streamer. ...

Core Points - Warner Bros. Discovery is increasing prices for all Max subscription tiers in the US, marking the second increase in less than 18 months as streaming services aim to counteract rising content costs and slower subscriber growth [1][4] - The ad-supported Basic plan will rise by $1 to $10.99 per month, the Standard plan will increase by $1.50 to $18.49, and the Premium tier will jump by $2 to $22.99 [1][4] - New rates are effective immediately for new subscribers, while existing customers will see changes starting November 20 [2][4] Industry Context - HBO Max last raised prices in June 2024, coinciding with similar price increases from major competitors like Disney+, Apple TV+, and Netflix [4][6] - The price hike is occurring as Warner Bros. Discovery considers a potential sale following unsolicited interest from other media companies, indicating ongoing shifts in the legacy media landscape [6] - CEO David Zaslav stated that HBO Max is "under priced," emphasizing the quality of its content as a justification for the price increase [4]