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What Happened: Shares of streaming video giant Netflix (NASDAQ: NASDAQ:) fell 8.2% in the morning session after the company reported fourth-quarter results and provided underwhelming revenue guidance with full-year sales outlook implying 13-15% growth. This represents a deceleration compared to the expectations for 15-16% growth…
Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more…
The Mexican Peso recovers after data shows a rise in Retail Sales in February. The Peso had weakened in a volatile sell-off after markets switch risk averse on geopolitical tensions. Israel purportedly retaliated against Iran, with explosions heard in the Iranian city of Isfahan. USD/MXN surged to just below 18.00 on the…
In the first quarter of 2024, spot trading volumes of the top ten centralized exchanges (cex) topped $4.29 trillion, a 95.3% increase from the previous quarter. Despite facing legal challenges Binance remained the largest cex platform with a market share of 50%. The top crypto asset manager Grayscale’s converted GBTC…
Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department.That’s because most of the past several weeks have shown that first-time claims for unemployment benefits haven’t fluctuated at all — as in zero.For five of…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Both the S & P 500 index and the Nasdaq Composite fell Friday and were on pace for their sixth consecutive negative days. The Dow…
Investing.com – Germany stocks were lower after the close on Friday, as…
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By Robert Harvey and Natalie Grover LONDON (Reuters) – Plentiful supplies of…
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Oil prices jumped overnight after explosions were reported near the Iranian city…
POLITICS
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The Biden administration on Friday adopted a tightlipped approach that reflected US officials’ desire to keep a level of distance from Israel’s decision to strike back against Iran in what appeared to be a limited retaliation for last weekend’s attack. Israel has not commented on the strike, which was reported after three explosions were heard close to a major military airbase near Isfahan, state media reported early Friday morning. Iranian officials have said air defenses intercepted three drones and there were no reports of a missile attack. American officials, who said they received warning from Israel of their plans, neither endorsed nor condemned the…
Could you be an impartial juror in Trump’s trial? Hear what New Yorkers say CNN’s Miguel Marquez spoke with Manhattanites from the northern tip of the island to the very…
The Biden administration on Friday will announce changes to Title IX, expanding protections for LGBTQ+ and pregnant students while overhauling controversial Trump-era guidance around how schools should handle sexual assault cases.…
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. There is a major disconnect between two CNN stories…
Markets
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Bank of America upgraded is forecast for China’s 2024 GDP growth to 5.0% after a strong first quarter. China’s breakout…
Finance
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Apple just removed WhatsApp, Signal, and other messaging apps from its Chinese app store.Big Tech is used to these compromises in order to do business in…
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(Reuters) – Progress on bringing down inflation has “stalled” this year, Chicago…
Investing
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. In the early stages of life, a key metric is growth. As children age, their parents measure precisely how much they are flourishing in size, using…
Economy
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -Procter & Gamble raised…
Fintech
Iran and Israel, regional arch-foes, are trading attacks and threats — the…
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