Netflix shares sink 6.5% in premarket after earnings—CEO talks up Warner deal
While Netflix’s earnings managed to beat Wall Street estimates, the company noted that increased spending on programming and the Warner deal could eat into profits.
While Netflix’s earnings managed to beat Wall Street estimates, the company noted that increased spending on programming and the Warner deal could eat into profits.
The world’s richest person added $62 billion to his fortune after private investors more than doubled the valuation of his AI and social media firm to $250 billion.
The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.
Netflix last week announced it would acquire Warner Bros. in a $83 billion deal.
Australia’s high-net-worth population is growing – fast – and the wealthiest of those saw their portfolios rise across 2025 despite episodes of volatility, a new LGT Wealth Management Report shows.
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
Amanda Lacaze has been at the helm of ASX-traded Lynas Rare Earths for a decade. The stock shot up 120% over the last year, amid China/U.S. trade tensions. Now, Lacaze is spearheading the capacity, certainty, and speed of the Australian/U.S. rare earth supply chain.
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires ever.
The surge in shares was fueled by the iPhone 17 outselling the iPhone 16 in China and the U.S., according to a report from Counterpoint Research.
OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.