All Eyes on Netflix Results, and the Impact of Rising China/Taiwan Tensions on U.S. Policy 7/18/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 18 July 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shares of Netflix on the move after the company beat earnings and revenue expectations and added more subscribers than forecast. What’s next for the streamer and where are shares going from here? Plus signs that tensions are escalating between Taiwan and China as both presidential candidates ramp up the rhetoric on the region. What it means for U.S. policy and the markets. Fast Money Disclaimer

Transcript

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0:00.0	Large in the Nazak Market site in the heart of New York City's Times Square.
0:05.0	This is Fast Money.
0:06.0	Here's what's on tap tonight.
0:07.0	All eyes on Netflix, the streaming giant trouncing expectations for subscriber ad in the latest quarter shares well off their lows of
0:14.6	the after hours what is driving this move where do shares go from here and rising
0:18.2	tensions of pressure between China and Taiwan ratcheting higher as US policy in the region hangs in the balance.
0:24.2	What could happen if things boil over and what could it mean for the markets?
0:27.7	Plus, Domino's doesn't deliver on earnings.
0:30.7	The Ethereum Trust sinks ahead of an expected
0:33.0	E.T.F. approval and D.R. Horton bucks a day's
0:35.2	down trend. Takes the rest of the builders along with it. We've got the
0:38.1	details on all those moves. I'm Melissa Lee coming to you live from
0:41.2	Studio, be at the Nas Nasdaq on the desk tonight.
0:43.4	C, Grasso, Courtney Garcia, Dan Nathan, and Julie Beal.
0:46.8	We start off with Netflix earnings.
0:48.4	Chairs the Streaming Giant briefly turning positive in just the last few minutes.
0:52.0	The company is saying it added
0:53.4	8 million subscribers in the latest quarter and that is ad tier memberships rose
0:57.8	24% from a year ago. The conference call just starting 15 minutes ago or so.
1:02.1	T. Buse's Julie Borsen's been listening in. Julia conference call just starting 15 minutes ago or so.
1:02.5	Jimmy's use Julie Borsen's been listening in.
1:04.2	Julia.
	...

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