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Marketplace All-in-One

Netflix strikes deal to broadcast live WWE shows

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 23 January 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

Stocks close mixed; streaming companies focusing more on live sports; Procter and Gamble sales rise; GE engines help push up revenue.

Transcript

Click on a timestamp to play from that location

0:13.1

This is the Marketplace Minute. I'm Justin Ho. Stocks were mixed on Tuesday. The down fell a quarter of a percent, but the S&P rose 3.10 percent, and the NASDAQ added more than 4. Netflix says it struck a $5 billion deal with the wrestling network

0:17.6

W. W. W.E. to start streaming raw, its live weekly show.

0:21.3

Netflix has been experimenting with live events,

0:24.0

and other streaming companies are focusing on live sports.

0:27.6

Procter and Gamble, the maker of crest toothpaste,

0:30.1

Gillette raisers, and bounty paper towels,

0:32.4

says its sales rose 3% in the most recent quarter compared at the same time a year ago.

0:36.8

That was mostly because it raised prices.

0:38.9

Overall, its sales volume fell 1%.

0:42.2

And General Electric says its aerospace division pulled in more revenue last quarter

0:46.5

than it did the same time last year.

0:48.6

One reason is that demand for air travel is still strong, and that means more demand for GE's jet engines.

0:55.0

I'm Justin Ho with the marketplace minute. You're going to.

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