Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Particular Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S.
Charley Gallay | Getty Pictures Leisure | Getty Pictures
Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Particular Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S.
Charley Gallay | Getty Pictures Leisure | Getty Pictures
Netflix’s enterprise leaders and buyers in all probability aren’t having fun with a soda pop after the discharge of its third-quarter outcomes. Whereas the corporate’s income met expectations — although not beating them because it did the primary and second quarters — earnings had been taken down by a tax dispute with Brazilian authorities. Shares of Netflix fell round 6% in prolonged buying and selling Tuesday stateside.
But it surely does not appear to be some other media firm will dethrone Netflix because the king of streaming within the close to time period. Warner Bros. Discovery mentioned Tuesday it is open to a sale — and Netflix is reportedly an purchaser — at the same time as Warner Bros. goes forward with its break up into two corporations within the meantime. Elsewhere, Comcast’s NBCUniversal is presently spinning off its cable networks, which incorporates CNBC. These strikes recommend that legacy media remains to be discovering its footing amid the period of streaming inaugurated by Netflix.
Whereas there are a lot of elements contributing to Netflix’s golden standing, its exhibits are possible the primary protagonists. “KPop Demon Hunters,” launched in June, was a smash hit. It is now the corporate’s most-watched movie, hitting 325 million views and absolutely performed an enormous position in Netflix’s greatest advert gross sales quarter ever within the third quarter. Even because the streaming large’s earnings stumbled throughout that interval, Netflix remains to be exhibiting different media corporations the way it’s performed.
— CNBC’s Sarah Whitten contributed to this report.
What it is advisable to know right now
And eventually…
UK gold bullion bars are stacked at Baird & Co in Hatton Backyard in London, Britain, Oct. 8, 2025.
Hiba Kola | Reuters
Gold is getting knocked on Tuesday – it is nonetheless the most well liked commerce of the yr
Treasured metals have gained in 2025 because of considerations round international commerce, expectations of Federal Reserve fee cuts and a drop within the U.S. greenback. However the measurement of these returns is uncommon for gold and silver, particularly when the inventory market is doing nicely.
Traders are seeing them as a scarce asset because the “foreign money debasement” commerce positive aspects momentum on Wall Road. This commerce refers to buyers hedging towards authorities borrowing and cash printing, lessening the U.S. greenback’s worth by transferring into gold and different belongings.
— Sean Conlon
