Netflix dips, plans to stop reporting subscribers
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 19 April 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Friday, April 19th. I'm Julie Morgan. |
| 0:12.0 | We're tracking oil prices following... April 19th, I'm Julie Morgan. |
| 0:13.0 | We're tracking oil prices following an Israeli attack against Iran. |
| 0:17.5 | Netflix tops expectations, but the stock is still under pressure. |
| 0:22.1 | And China tells WhatsApp and Thread in threads you are no longer |
| 0:25.4 | welcome here. We're closely following the situation in the Middle East. |
| 0:30.0 | U.S. officials have confirmed to several news agencies that Israel has carried out a retaliatory strike against Iran. |
| 0:38.0 | Reports say the strike in Iran was launched by Israel, although as of the time of this recording, there's no official word from Israel or |
| 0:46.0 | Iran on the attack. |
| 0:48.0 | Last week, Iran launched a missile strike against Israel in retaliation to a suspected Israeli attack on Iran's embassy in |
| 0:55.8 | Syria on April 1st. Of course we're focused on the impact this has on oil. |
| 1:00.8 | It appears that markets have gotten over the initial shock. W.T. I. crude oil was up over 4% immediately following the reports, but it has come off its highs, trading only 1% higher at $83 a barrel. |
| 1:15.7 | Brent Crude climbed more than 3% topping $90 a barrel briefly. |
| 1:20.9 | Brent is now at $87 a barrel. |
| 1:24.5 | Netflix rose and then pulled back in early after hours |
| 1:27.9 | trading following its first quarter earnings report. |
| 1:31.1 | The company surpassed expectations on subscriber growth and beat financial forecasts showing |
| 1:36.8 | off-digit gains, but it said it would stop reporting subscriber numbers starting in the |
| 1:42.2 | first quarter of 2025. |
| 1:45.0 | Global streaming paid net additions came to 9.33 million, bringing the global paid membership |
| 1:51.0 | total to 269 million. |
... |
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