Netflix surpassed Wall Street expectations in its third-quarter earnings report by generating $9.825 billion in revenue and adding 5.1 million subscribers, exceeding analyst predictions. The company highlighted strong member engagement, with over 600 million users spending an average of two hours per day on the platform. Despite the positive results, analysts anticipate a potential price increase for U.S. users following recent hikes in Spain and Italy, with pricing currently ranging from $6.99 to $22.99 per month for different plan options.
Full Article
Why TotalEnergies Stock Slumped Today
The stock of fuel and chemicals conglomerate TotalEnergies (NYSE: TTE) fell nearly 3% after the company reported second-quarter earnings, revealing net revenue of just under $44.7 billion, down from approximately $49.2 billion in the same period of 2024. In contrast, the S&P 500 index managed a slight gain on the same day. Want More Context? 🔎
Read more