Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Netflix said Thursday its second-quarter profit grew thanks to new membership signups and price increases, which “had gone well and as expected. ”But the company's shares declined sharply in after-hours trading as the video streaming company's forecast for the current quarter fell below Wall Street's expectations. Netflix earned $3. 4 billion, or 80 cents per share, in the March-June period. That's up 9% from $3. 13 billion, or 72 cents per share, in the same period a year earlier. Revenue...
Read MoreThu, 16 Jul 2026
- Trump media firm plans to sell high speed access to Truth Social posts, possibly Trumps own
- Netflix posts higher Q2 results but shares drop due to lukewarm forecast
- Slumping AI stocks drag down markets around the world
- Trumps teleprompter operator on unpaid leave for alleged prediction market bets on Trump speeches
- Fed probe suggests Teslas self-driving feature wasnt to blame in crash that killed a grandmother
- Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year
- Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
- Brazil calls Trumps 25% tariff unjustifiable, vows to impose reciprocal tariffs
- Need for speed? Driving above the speed limit costs you and doesnt actually save much time
- Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient
- US weekly unemployment claims fall to 208,000, fewest in 10 weeks
- EU forces Google to share search data and open Android to rival AI companies
- AI chatbots are at risk of spreading government restrictions on online speech, a new study says
- Fujitsu and leading Japanese robotics companies to use Nvidia technology in physical AI
- US imposing a 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices
- Hong Kong booksellers are reportedly arrested over alleged sales of seditious publications
Wed, 15 Jul 2026
- Carbon monoxide present in Ford Explorer where 3 died, 2 others sickened in Ohio, official says
- Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
- US Mint produces a $1 coin bearing Trumps face to help celebrate Americas 250th birthday
- US stocks rise within 0.5% of their record, even as oil prices keep climbing
- An empty middle seat is the latest perk United Airlines will offer on some flights
- Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
- Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland
- Baltics and Poland warn Russia could launch limited military or hybrid provocation against NATO
- Gibraltar ushers in a new era as British territorys border fence with Spain is removed
- Donald Trump endorses Pillow Man Mike Lindell for Minnesota governor
- US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
- This is how to stretch your new car buying dollars in 2026, according to Edmunds
- Biden will publish Promise Me, America memoir after the November midterm elections
Tue, 14 Jul 2026
- Writers Guild of America seeks to block Paramounts buyout of Warner in latest merger challenge
- 26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave
- US stocks rise after data shows slowing inflation, even as IBM plunges
- Subaru issues recall for 541,000 SUVs over label with incorrect weight rating
- Banks rake in big profits as both Wall Street and the US consumer stay strong
- Buffett omits gift to Bill Gates foundation after Microsoft cofounders Epstein ties disclosed
- Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recovery
- New York wont build big data centers for a year as it weighs energy and climate risks
- An experimental Alzheimers drug shows promise targeting a different brain protein, new study shows
- Warsh says Fed has no tolerance for high inflation but provides no hints on next move
- Inflation cools more than expected in June as gas costs fall, underlying prices ease
- You just retired (or are about to). Now what?
- Subpoenas issued to NY Times reporters seen as unprecedented threat to press freedom
Mon, 13 Jul 2026
- 12 states challenge Paramounts takeover of Warner, say merger would extinguish competition
- Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
- Judge says Trump IRS lawsuit was filed for improper purpose, refers lawyer for possible discipline
- Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
- EU chief weighs age restrictions for children using social media
- Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
Sun, 12 Jul 2026
- Keystone Pipeline systems operator agrees to pay a $26.9M penalty over a major Kansas oil spill
- Disneys live-action Moana crashes to shore with an underwhelming splash at the box office
- Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
- Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Sat, 11 Jul 2026
- Amid criticism, Meta reins in new AI tool that automatically accessed public Instagram images
- America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
- Major German carmakers hit by steep China sales plunge as competition heats up
- As gas plants rise to power AI, renewable energy allies are fighting for cleaner alternatives
Fri, 10 Jul 2026
- New York Times accuses agency of political retaliation in countersuit over discrimination case
- Global oil demand is dropping, but US drivers keep buying more gas
- SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets
- US stocks rise as Wall Street shows its still hungry for AI winners
- Trump will let bipartisan housing bill become law without signing in protest over GOP voter ID law
- China blocks exports of helium, key for chipmaking, as Iran war squeezes supply
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands
- EU demands Facebook and Instagram dismantle design features it calls addictive for users
- New York construction scare highlights the challenges of converting offices into housing
- A shoe factory fire that killed 28 highlights Chinas persisting worker safety risks
- Africa secures $900 million in new clean cooking commitments
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