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.
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2 Warren Buffett Stocks to Buy Hand Over Fist in May
The portfolio of Berkshire Hathaway, managed by Warren Buffett, is closely monitored by Wall Street for potential investment opportunities, especially as Buffett plans to retire by the end of 2025. Currently, two stocks, Chevron (NYSE: CVX) and Pool Corp. (NASDAQ: POOL), stand out as appealing investments amid market uncertainty. Buffett's investment philosophy generally involves purchasing strong companies at attractive prices and holding them long-term to capitalize on their growth. Full Article
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