about netflix, it is about rapid cloud adoption the whole premise of netflix is you get all sorts of content via the internet like amazon netflix uses a part of amazon's business called amazon web services and that is why amazon vaulted more than 4% and that and because the president is pre occupied with other things and didn't tweet about the post office everyone is focused on the supreme court today. this case is merely about whether third parties sells via amazon need to collect sales tax. that is side show. and again, amazon web services handles most of netflix cloud service. what is good for netflix is good for amazon and for google, aka alphabet with the latter gaining more than 3% there ais just plain good news for three quarters of f.a.n.g. now facebook is another story. the "wall street journal" ran an article today. facebook may have more headline risk but numbers actually are going to be fine barring another. barring another cambridge analytica. even after the cambridge analytica blowout, they still rather advertise on facebook while we are at it, the rekindling of the ups

i was with farley. >> that was before there was a a netflix. >> yeah, pre-netflix. >> jimmy: pre-netflix yeah. >> yeah. >> yeah, that's true. >> jimmy: yeah. but farley was in it. >> farley came on in the middle of the show. actually -- >> scary. >> when i did my hbo special a a long time ago, farley -- i would sing a haunted song. >> jimmy: yes. >> and then every night on tour, a different guy would come out and run out and pretend to be the mad man who lives in the house. and so i was doing the show in chicago. farley goes, "hey, can i be the guy?" i said "yeah, yeah. most -- just so you know, a lot of times the guys come out in their underwear." and he goes, "oh. well, my manager told me i shouldn't do that." [ laughter ] and i said, "okay, you don't have to." he goes, "yeah, he said that i've got to change my --", i swear to god, he was going, "i've got to change the way i present myself" and blah, blah, blah. i said, "yeah, don't do it then. don't do it. just come out like you farley." and then, i swear to god, did the show and he comes out naked. we're like, "whoa, underwear." [ la

can netflix continue to buck the trend? m.: that's one of the biggest bear arguments that is brought up. the first one is whether they can continue to spend at these levels efficiently. can they finance all that spend? the second one is what about all these other major companies like apple's and amazons? i will give you historical context. i know you know this well. netflix has always had major competition, whether it was walmart or blockbuster or amazon. i think netflix's ability to compete is what has changed, not that competitive landscape. they have gotten so much bigger, 120 million subs worldwide. that has allowed them to spend so much more. there is nobody who can economically match their spend levels in terms of content, spending $8 billion, $9 billion, $10 billion per year because nobody has the paying customer base that netflix has. the stakes are rising each and every year. i would expect that every year netflix will increase by about $1 billion the total amount of money it spends on content. chances of somebody

netflix beat analyst estimates.oe: a libertarian professor actually made the case that maybe regulations are not that bad? alex tabarrok began studying the correlation between that are regulations and business growth, he was sure the data would prove studytions -- his actually concluded something different. he joins us now from washington. thank you very much, professor. tell us about how you went down this research in the first place. what did you set out to show? alex: i did not set out to show anything, but what i set out to study was there was a long-term decline in dynamism in the united states, the number of new startups has been going down. the job creation rate has been going down. fewer people are moving about from job to job. what we want to do was ask is regulation a cause of this? it seems a plausible theory. after dicing and chopping up the data in a whole bunch of different ways, we concluded regulation is not a cause of this decline in dynamism. joe: let's check about -- talk about methodology because

betty: netflix jumping after beating forecasts for new users.

further people trying to emulate what netflix does?- are there people trying to emulate what t netflix does? >> absolutely. it's a very broad revenue. we see increasing numbers of subscription models across all media formats, from traditional press publishing and twitch, through reinventing audio and podcasts, film and tv subscriptions. there is a huge allure in subscription models. they tend to have sticky revenue patterns, and there's a large barrier to entry, as it becomes clearer that extremely high quality production content is required to lure people into these packages. but it's an area where we see enormous amounts of activity, over the last five years, people have tried to play in paid content, but the tide is beginning to change. consumers are beginning to understand that there is a proper value exchange in being a customer and not a product of these services. i often cite the guardian media group, who's having a very strong subscription increase in their revenue streams. there are opportunities not just for new companies, bu

that is netflix. shares of netflix up again today.pany adding 7.4 million new subscribers globally last quarter and sees another 6 million added this quarter revenue surging and so are the number of original shows it produces netflix adding 18 new programs last quarter i think streaming taking the crown. sticking with media and technology, some early morning calls for you. pivotal research upgrading disney from a sell to a hold and downgrading time warner from a hold to a buy. both of those moves part of the same call. pivotal says it sees weak fundamentals for the video se secent ish cent centric media owners >>> the supreme court will take up a big case today that may have an impact on the future of online shopping. courtney reagan has more >> at 10:00 a.m. the u.s. supreme court will hear oral arguments in the case of the collection over sales tax for online shopping. the outcome of the south dakota versus wayfair case should change the standard throughout the u.s. dictating when sales tax for online purchases is collected. the cur

wearers netflix is happy for that!g difference between the us and european markets, which it is doing well in already, and other global markets where it would like to do better but its hands are tied in terms of the programming that is desired? television is a very localised medium, if you look at any sort of market, what is most popular is locally produced, locally directed content. what is a netflix is mostly american, which only works for some people some of the time. for them to really hit outside the anglo sphere they have to create and buy local content, which will be very expensive because it cannot be pushed out internationally. where do you think the growth and money will come from in the future? by more subscribers or putting out prices, those are the two microwaves. there was a little bit of a churn last time they put up prices? they put it up time they put up prices? they put it upfor time they put up prices? they put it up for the last time at the end of last year, it was resilient. they probably have a bi

now netflix, they spent a bundle. they stepped up theorg until content -- original content but they hit numbers on earnings an revenue. there is a lot to be impressed about there. >> absolutely. consumer sentiment changed around netflix and shows at that they actually air on their, on their streams. i think a lot of younger people actually find that netflix has some of the most interesting content. melissa: they do. >> whereas i think a lot of cable stations are sort of falling behind and falling out of favor with younger audiences. another thing that needs to be mentioned is, netflix recent announcement it will work with comcast to bundle netflix subscriptions with cable subscriptions. america is not fully penetrated but there is fair amount of penetration in the u.s. market. there is reason to believe that could go even greater with the new comcast deal. melissa: that is a good point. people are attached to cable and don't get netflix for that reason. if they break the final barrier that would be one more place for

record, netflix jumping in late t

you have netflix up 6% consumer discretionary goes up netflix is a monster in that space.is up because the momentum names, primarily, your semiconductors are doing it. a & d. everything is up more than 1%. health care is up because united health is dragging everything up good numbers from there. anthem is up humana is up banks all right. maybe a little disappointing everything else is doing well and helping move the market. energy is not a market leader today. we're in earnings season that's what i'm happy about. when you take out geopolitics and take out syria, china trade wars earnings dominate the discussions. and earnings have been good. today we had eight s&p 500 companies reporting. all eight on the top and bottom lines. generally the guidance is good take a look you have united health they raised their full year value. johnson & johnson raised their revenue guidance goldman raised quarterly dividend from 75 to 80 netflix that subscriber growth was amazing that they talked about. and so if you look at the earnings companies that are reporting, you know, united health

we have netflix earnings in minutes.opping the dow is united health and ge trailed again, and jb hunt transport a winner on the s&p 500, and bristol-myers was down nearly 8% it was the laggard mike, we came in to today, more when we closed friday, a lot of concern about what happens with syria, what course of action the u.s. takes, and that resolve the quickly in terms of the market's reading of things. >> the markets were not clenched up in the weekend, but cautious. we gained that more and more, friday's losses, really methodic methodical, quiet, 1% gain, but the market in the last, like, five, six days is moving chains forward, not in a flashy way, but putting distance between the market and the recent lows, so i think the repair process remains underway even not with a lot of energy behind it >> do you think because we're in the middle of earnings season, the washington headlines do not matter so much >> no. i think it's actually interesting what's going on because for years and years, you had really no earnings grow

coming up, netflix sets the bar.eading the charge for the next quarter a big earnings, and the stock pops on user growth. we break it down. plus, tesla's second timeout. this week, the electric or manufacture stops production on its model 3 sedans, and sends workers home, only to reverse course and declare a 24/7 , operation. we will explain. and pain for prime. jeff bezos says amazon's premium subscribers have topped more than 100 million. first, to the lead. netflix shares popped after reporting the strongest surge from the start of the year. the streaming pioneer added 7.4 million subscribers in the first quarter, beating the estimate of netflix now has more than 125 6.4 million. million paying customers, the most of any online tv network. the company is the best-performing stock in the s&p 500 this year, proving one quarter at a time that investor's confidence in its online tv service is justified. we dug into the numbers on monday after they came out with caroline hyde, who caught up with analyst paul verna and

i think netflix has and is still playing the long game. one thing interesting about content libraries, they are cumulative and build up. and it is in content always there to return to. a show popular today could go screw ups and downs but eventually people go back to it. i think netflix has been doing that very well. , building interest in retaining the customer base and as long as they keep doing that, they might futures and downs in quarters, but i do not a this very changing for the worst tanks the market anything or something happens to their business or the content. but as long as they keep doing what they are doing, they will keep succeeding and they will have that back library to fall back on. caroline: biggest first-quarter revenuelic company, the of 43%, subscribers and revenue up. they even have an upgrade on the debt rating. a fascinating conversation. analyst from emarketer, thank you for joining us. henry lane fox will be sticking with me. now, the federal communications commission has announced a $40 million settlement. settl

netflix up 8% on the back of its earnings report.mazon reported yesterday that they were for now shelving plans to sell drugs to hospitals. are stillaying they targeting to retail pharmacy and health care industries more broadly, perhaps not hospitals but the industry. that is something that could help alphabet today. netflix, is said to expand its use of google cloud. netflix doing well on the back of its earning report. a big lift for technology, and for netflix on its earnings. it is interesting that we are announcing gains again for highs in the session. somebody yesterday put on a short bet. this is an inverse s&p 500. it is an index etf. to return tod times the inverse of the s&p 500's daily move. or someonesomeone put $40 million into this particular etf, which looks like a large hedge against potential future declines in the s&p 500. interesting, given all of the optimism over earnings. perhaps there is a big investor that does not sure that at the moment or wants to guard against the idea that they could be run. finally, the

on the basis of its latest results, netflix is looking increasingly invincible.it found a sustainable business model? stranger things have happened. this nightmare is happening. it's a backlash against a backlash. some years ago, the government clamped down on immigration. now the consequences of that populist measure of boomerangs back to thwack the government in the face. today, theresa may acknowledged the issue to caribbean leaders. it was an upgrade on the apology from the home secretary yesterday. i want to reassure them that i take this issue very seriously. the home office is dealing with this as well and efficiently and swiftly as they can. giving them the reassurance. efficiently and swiftly as they can. giving them the reassurancem emerged that in 2010, disembarkation cards were destroyed. the record of the person's arrival date that could be helpful in determining whether they had arrived at a point when it was legal to settle here. our political editor nick watt is here. the government has apologised. do they recognise the policy of a more hostile en

. >>> and content is king for netflix. new programs help the streaming service win a record number of new users in the first quarter sending shares sharply higher after hours. >>> and 11 billion euros will be offloaded by intesa in bad loans. >>> pretty positive start for the morning for europe the stoxx 600 very much predominantly green. you can see it's up around a quarter of a percent across the continent so far this morning. if we look at the individual markets driving that, just the ftse 100 dipping down very slightly the xetra dax in germany up 0.2% the cac 40 in paris up 0.3%. in italy, the ftse mib up more than a half percent. the sectors behind those numbers, you can see real estate there up three quarters of a percent. chemicals up 0.2%. chemicals up a half percent across europe. household goods and utilities are the laggards, down into the red. let's talk about currencies as well some big news both for the pound and for the swiss franc. spound is bapound is up to the - pre-brexit level big corporate story from t

i think netflix appeals to everybody. generation media are kids agency.arch shows that for kids, our research shows that two things are going on: people can pull content rather than having to watch a preset schedule, and they can binge, watching two or three episodes at once. kids watching things on screen is, would you believe it? and your opinions, you have said are so many. i will race and later and retweets of your comments. we will back in a moment with the rest of the briefing. we'll take you through the stories making headlines in the global media today. malaria kills over 400,000 people every year — 90% of them in africa. leading scientists are in senegal this week for the 7th multilateral initiative on malaria conference. they're taking stock of moves to eliminate the mosquito—borne parasite that causes the illness. alex duval smith went to see how it's being done in thienaba seck, about two hours' drive from senegal‘s capital, dakar. translation: we asked ourselves what made this body so hot and caused vomiting. it was malaria, one of the main k

netflix shares rose in after-hours trade.clays is engaged -- engaging clients interest in starting a cryptocurrency trading best. -- desk. it has only been a preliminary assessment of demand. the good see the u.k. lender joining goldman sachs in pioneering a new business. barclays has no concrete plans to start such an operation. we will be back to that story in a second, but let's talk about the bigger picture surrounding china. the economy grew 6.8% from a year earlier. pretty much matched what we had before and what estimates were of the number. despite a moderate -- modest industrial slowdown, consumer 10%.ing was up more than to china now where tom mackenzie is in beijing. talk us through what we are seeing in the chinese economy. presumably some good news for the leadership. stable numbers, and the shift from old to new seems to be happening. tom: absolutely. it is all about the retail sector in terms of that growth. pickup for march. online, we are seeing retail growth of more than 35% year to date. another important t

>> netflix has becoming -- netfl netflix, no matter what the service, you will get netflix. >> where that is wrong is this if their content is not good, then people won't be netflixing and chilling anymore. >> true. if it's all crap, nobody is going to watch it. that's the bottom line >> but once more, think about the evolution. the content that they bought or the content they produced? >> produce. >> not for me. i can tell you right now >> on the kid front, i would imagine that it's -- >> kids or i can watch old rock meanteries behind the music >> dude, it's weirder than that. >> think of testify losing remember when amazon was cited as having a spending problem netflix had that issue and people were arguing how much they were spending on content. now it's coming to do them some serious justice. content is king. scale is king and they've got it. >>> chart maersk carter worth with his instant earnings announcements. hi, carter what are you looking at? >> looking at in flicks but earnings. >> general one thing that's key is the stock hasn't quite made to it prior high it was a monday.

their netflix paid for, they are not cutting out the netflix -- >> i think it's a valuable comparison, but what the conclusion is that the market is suggesting that net fliflix is n to slowly or rapidly eat the rest of the media. you can make a case that's not necessarily going to happen any time quickly, and now that the market caps of netflix and disney are about the same, you have an interesting basis on which to make that call. >> thank you very much >> thank you >> great to have you both here, mike, steve. >> with us now, a man at the top levels in washington in several key roles. >> many believe washington and the united states are as divided as ever. leon panetta served as white house chief of staff, secretary of defense, head of the cia, and director of the office of management and budget. today, we tackle cyber security, syria, and the prospect of major changes for congress this november >> we're leaving because you don't want to deal with trump anymore. >> i'm grateful he's given us this chance with the election. >> and leon panetta is live today from monterey, california. t

that's got to be critical for netflix. >> netflix got going with this and it got so big that no one couldcatch up now. there's really no one abroad and they can move in and dominate in the cost could spread out over many users in the sea when they raise prices it's a big deal over 100 million subscribers. they can get that going in a lot of countries and make more money which are expensive to produce. it leaves plays into many more years of strong growth unlike what people are looking like some of these tech companies. cheryl: big blue. i don't know how big they are anymore, but a lot of pressure to bring in new business. a lot of pressure to deliver in services revenue. what do you make of ibm's numbers intended the company in general? >> i just don't think this company is important anymore as it used to be. even warren buffett. it's sad to say, that they are just not in any of the areas where it's important to see growth for business. it's not financial which is important. it's a tech company, but not an important one. not the one driving the market. cheryl: like a little nostalgic abou

america's holland cook host of the big picture joins us to analyze netflix definitively disruptive moves in europe and as we go to break here of the numbers at the closing bell bit point the only green arrow up several hundred dollars we'll be right back. this isn't the city of angeles when the u.s. military moved out the six tourists moved in. and now a whole generation of fatherless children is growing up you. say dad and then within one month a couple simple them go. my big day in sudan like right time and i know you'll come . back home so. tired isn't the first time in the t.v. crew to see you or takes you were no don't answer is known that now and that it's through our system there. that's it the better you want my god. they think. you can take the guillotine above that you can take the burden of guilt and discuss the peano woman you know. oh i love doing that i did it you did it did you. back scousers financial survival. housing bubble. oh you mean there's a downside to artificial mortgage through don't get carried away that's cause a report. about your sudden passing i phone leatr

netflix would have big swings after earnings. four quarters in a have exceeded by a big margin, and the company seems to talk it up to this idea that they continue to deliver shows people want to watch and they created a streaming experience that a lot of people have taken to. the more people who sign up, more people get into the idea that this is something they have to have which is equal to or better than what they are paying for video. calling out individual shows. they don't call out individual territories. they don't call for a tremendous amount of detail as to why it is growing beyond the fact that internet tv is here and they are the leader. >> it has gone from a nice to have to a must-have. it seems like everyone has to have a subscription these days. let's address some of these concerns we heard about the rising cost of content. >> for now. you know, netflix can spend as much money as it wants on shows to get as it continues new subscribers. they are about to have negative free cash flow, go in and raise that, as long as

. >> you bet it is, because netflix are set to report earnings on monday we'll tell you how big a moveptions traders see it having. it's time to risk cash and make some more. >>> bank earnings officially kicked off this morning with citigroup, jp morgan chase and wells fargo. >> it was a big week not only for those three. five of the top 11 biggest financials reported this week, it's not a good week for them and the presumption is there's more to come let's put it in context, and i think it's important the absolute high, the 2007 bull market 2007, two lines. the market and the bkx. i mean, imagine that more than a decade and your results, owning the bkx is less than 1%. versus, of course, the market. the thought is that one could play this for catch-up in fact, of late, it's not only not catching up, it's playing the market on a here and now basis. let's roll through some charts and try to figure it out together here's the index i think you can draw the lines this way a well-defined trend line. often the bet is, and the bet that i would like to make, is that you bounce off that line. b

alone including new and original content that amount more than doubles netflix budget for the e.u. which is expected to expand english and foreign language programming into the area in fact it's reported that new dramas are already being produced in spain italy germany france the netherlands poland and turkey the move is seen as a reaction to other streaming content competition from providers such as amazon and here to discuss more about netflix the media and disruption in general is holland cook host of the big picture here in r.t. america holland thank you as always for being with us what's your reaction to netflix first of all well not surprising at the consumer electronic show last year their c.e.o. reed hastings spoke and said it took us it took cable twenty years to attain what they had already attained seventy million viewers and as he spoke they lit up one hundred thirty other countries including russia and india so now who's wondering why susan rice is on the board of. netflix a state they need a state department it's a very global thing but there is more to success than s

netflix is smashing expectations on wall street.w subscribers in just three signed up 7.6 million new subscribers injust three months. a customer base is 125 million people. that is more than half of all us broadband customers. they arejust going to get bigger and bigger. they are investing globally. netflix has spent up to $8 billion on global programming and that was just in 2018 a loan. analysts are warning them not to get comfortable because they have a lot of competition gearing up in their rearview mirror. in china alone, alibaba and baidu ready have their own streaming services and apple is creating its own programming. starting next you, while disney. supplying new movies to netflix because they are creating their own video service and that will be geared towards families. so much content. you know what? i haven't actually watched these two programmes. thank you so much. monica miller, al colleague and business reporter on netflix. have you heard these two works? experience economy. simply explain and engage customers in a w

unique company on its own, netflix.napshot where we need technology and banks to drive the market higher. and, as lori said, you do need that growth and some catch-up in value to lead the market through the course of the year. >> in light of that, before we let the two of you go, keith, where are you investing or where would you recommend investors put their money right now? what happens if earnings aren't as strong as everybody is expecting? >> for where we are investing, we're along the consumer tactically we think the tax cut to the consumer 2 to 4% completely underestimated we're long tech and industrials along the secular side and i think if you do have the message of earnings disappointing or guiding down, i think that lengthens, potentially, this period of volatility. >> great thank you for joining us, lori and keith. >> thanks. >> all right so, we've talked a little bit about earnings here. on the error air strikes over te weekend by the u.s., french and british forces take a look at the hardware that was used a

not just netflix, right? >> exactly i think that's so important. in particular, if you're not going to get the so-called handoff many have been expected. i would focus on the fact that volatility is at a one-month low at 15.5. that's incredibly important despite the headlines we have. and you're going to get the bulk of technology earnings now over the next ten to 14 days, and that's where the real strength is >> that means we can stop all the talk about what's going to pick up the slack for tech tech is fine now, netflix is up, the fangs are up, microsoft approaching a new intraday high. twitter up, roku up, all the big news coming out of that space today? >> it is, but there's also financial news coming out with goldman. >> my point, though, is goldman is a poor response to the earnings, whereas the big day on wall street is most represented in tech. >> let me answer your question, though i don't think you have to let go of the idea of which sector is going to lead. you know, you go back about three weeks ago, and people were talking about what's

netflix making this incredible return to the highs of the year. all-time highs >> not just netflix.a big morning for digital video. twitter is up 10% on this morgan stanley upgrade, a long time bear, going into hibernation of sorts. saying that the street's too negative there also, roku now up better than 10% on that move espn's new streaming service will be available on roku. >> yes espn plus, as disney gets an upgrade, too, so a ton of stuff to keep your eye on in media let's see what the afternoon session brings for now, let's get back to the judge and the half >> welcome to "the halftime report," i'm scott wapner. our top trade this hour, living up to the hype why earnings can keep stocks climbing and may have just saved one of wall street's favorite trades with us for the hour today, joe tear anova, stephanie link, josh brown, aaron brown is with us, head of asset allocation at ubs. let's begin with the markets stocks climbing, dow is now positive for the year, for the first time since march all right, stephanie, you told us, you told us to focus on earnings you said don't

at talk about netflix.king about this earlier this week, subscriber numbers going up and up. it is not stopping. at the moment, if you are a broadcaster in europe here in the news they will really invest in european audiences, what they offer to us here, you would be quite worried. this is a really good example of if you are not reinventing, you are dying. that is for any business right now. it is very true in media and television. very true in broadcasting. it clicks, you talk about subscriber numbers and expectations, about double, it sent $1 billion in terms of original content here in europe. i was of original content here in europe. iwas in of original content here in europe. i was in lillehammer the other week, netflix's first original piece of content, and what that has done for drawing people into the norwegian economy is quite amazing. netflix is now a bigger in terms of its market cap than general electric and ibm. that tells you all you need to know about the new economy. and the worry for the me

netflix stock up 7% in premarket. now is mike has a overweight recommendation on the stock. thanks for joining us. talk to us about the u.s. subscriber growth. we thought it had peaked but it accelerated. how and why is it significant? mike: the domestic number was really strong. basically 480,000 above where the stream was and i think it is a function of the fact that we have two things going on. netflix continues to improve their content library, which is both attracting and retaining subscribers. secondly, we are seeing an ongoing shift in consumption of television, away from traditional tv toward various online distribution channels. as a result of that, netflix is benefiting. david: no question they did really well and their subscribers. there was a gadfly piece that said they have $28 billion on their balance sheet. they're really paying for the subscribers and sooner or later, they have to take that and put it against some earnings. mike: that's right. it is a bit of a chicken and egg situation. the company has

we are taking a look at netflix.can see obviously here that the stock is actually not that far off of its highs this is kind of a coin toss here, which way it can go. we had good or bad earnings results. i don't like the way themark feels here, let's take a look at the trade i identified, specifically, i'm looking at the april 310, 290 put spread. sell these for $3, i'm spending $10.75 for a trade that could be worth if it go those that lower strike $35 let's pay attention to that let's look at the probabilities, here's a good looking guy some 98% of the stock gets to the strike we're buying, the 310s, snipe% it gets to the break even. okay it's a 36% chance that it gets all the way to that strike, where we make the most money think about this, this is better than a one in three chance it's going to be worth $35 if it gets there, we've spent just over 10 to do that all right. so we can basically say 36% times 35%, i think this trade is worth $12.75 and i'm only paying $10.75 for it. so i like the odds of the trade. i

it is not sensible for netflix have all that field. w.: you said you have to pay off some debt, because you have more debt on your balance sheet than other companies. how are you going to buy scripps? david z: as we look at putting these businesses together, we have been working on it very hard for six months. onee are one over companies. they have 12 channels, we have six. we have 650 salespeople, they have 550 salespeople. and their people are really good. we put some of their people in charge of our new structure, and the idea is, who are the best and brightest? when it comes to nonfiction, who are the best producers of nonfiction content and who is best at monetizing? we looked and said, in some areas they are better than us, in some areas we are better than them. we will put these together. we will spend $3.5 million on content and maybe more. we are in the business of creating stories and characters, and getting people to turn on their tv and love it. david w.: you have referred to john malone, a shareholder that you know well. j

we'll go inside the numbers.n netflix and thrills. time to bing on the stock. a taxing problem taxing internet sales that could be an internet changing moment for amazon and anyone selling online "power lunch" starts right now >> welcome to "power lunch," i am sara eisen, the dow is moving triple digits of ten of the last twelve sessions. nine of those seeing moved of 200 points or more microsoft is helping two and th bonds are making moves at this hour nine and a half years high. twitter is soaring on the back of an upgrade from morgan stanley. everybody loves pizza. dominos is hitting a new day going all the way back at the time of its ipo. >> tyler >> good afternoon everybody, i am tyler mathisen. the ims expects the economy to grow just under 4% this year that's the strongest pay since 2011 walmart is planning the make over the retail giant. it is ongoing battle with amazon and we are watching ibm stock. it is higher after the bell. we'll take a closer look at what the tree expects that's ahead on "power lunch." >> i am michelle caruso-cabrera. bob pisani a

the one service being marketed to them heavily is netflix.try built us and we built them and i think we will come up with something that is going to be compelling in terms of the skinny bundle. it is not sensible to have netflix have all of that field. host: you do have more debt on your bounce sheet been a lot of other media companies. you say you were going to save $350 million a year on scripps. how are you going to do that? that is a lot of money as you and i both know to save in an operation. david: it has only been five weeks, but we have been working hard on this for six months. we think that is rather conservative. we have 12 channels in the united states, and they have six. we are in the same business. we have 220 research people and they have 140 research people. we've 650 salespeople they have 550 salespeople. their people are really good. we have put some of their people in charge in our new structure. the idea is, who was best for the price that go when it comes to nonfiction, who were the best producers of nonfiction content and

netflix shares rose in

this is a netflix film called the titan, also out on the big screen as well.out on netflix and probably playing somewhere in space as well because it's about a mission, secret mission run by tom wilkinson to populate saturn's moon. earth is kind of blown up here. we're in 2048 here, there is no water left, there's too many people. we need to populate another planet and the only one we can do is saturn's moon titan, which is just like earth but a lot colder. a bit like aberdeen. i'm saying nothing, jason solomons. they have to genetically modify people. again, we've seen this kind of genetic modification. theme of the week. they genetically modify sam worthington, a group of top gun applicants who all undergo these experiments, and they try to lower their body temperature, so all they can do is feel really hot or really cold on earth, even when they turn the air conditioning up, which makes them prime candidates to take the ice bucket challenge with their wife at midnight. go on. rick, i don't want to put my hands in there. go on, i want to show you something.

netflix could be the bright side to the tech center.w is geetha ranganathan of bloomberg intelligence. geetha i'm looking at the numbers. these should be strong numbers. geetha: absolutely. but unlike other companies, in the case of netflix, it is not so much about the apf in revenue, it is really about the subscribers. this has been a subscriber growth story, court or in and quarter out. good news for both netflix and investors is that expectations are really strong. netflix is coming off of a phenomenal fourth quarter. it was actually their best quarter ever. that has been ceding some bullish expectations going into the next quarter. netflix has projected a 30% rise in subscriber gains. the general sense is that they will handle and beat those estimates. they are looking really good. caroline: where, dream graphically are we speaking on the big growth's here. geetha: it's going to come from the international markets, they are projecting about 5 million new subscriber gains in those markets. the u.s. is kind of a steady state. it is ab

netflix! jonathan: go on. you have got to. kathleen: netflix. jonathan: there we go.ou very much for your time. that does it for us. that does it for "bloomberg real yield." we will see you next friday at 1:00 p.m. new york time. 6:00 p.m. in london. this is bloomberg. ♪ scarlet: i am scarlet fu and this is this is bloomberg "etf iq". ♪ scarlet: tech cap catch a break and the darlings of 2017 turned into the has-beens of 2018. we discuss with etf manager who is ahead of the curve. we put the question to tim coyne of state street. love i

the stock after the last earnings report in general was up about forty percent after back then netflix reported record new subscripts with scriver numbers so now at least on the first glance a profit and revenue would be a wall street expectations and after the stock was a bit shaky in the monday's session the first initial reaction after hours was very much the stock at some point gaining a good six percent in after hours trading we will get more details on those netflix numbers on tuesday all right against quarter bringing us that news on demand thank you very much for that. and let's head back over to this side of the pond now turkey's economy is recovering rapidly growing by more than seven percent last year now that stronger the china's growth but with the turkish currency the literal on a continuous downward spiral it seems the country is using cheap debt to keep the economy afloat yet soaring inflation is putting that strategy on shaky ground. turkey is cheaper than ever for foreign tourists the turkish lira continues to hit new lows against major currencies. it's lost nearly ha

netflix is releasing its quarterly results. interested in subscribers. joe millerjoins us from new york. i guess, joe, subscribers tell us more perhaps about the long—term prospects of netflix than immediate profit now? absolutely, both profit and subscribers are doing very, very well for netflix at the moment. it has come as a great relief for wall street, because other text docs, including facebook, amazon, google, they are all under pressure, and here you have netflix, whose shares have risen 60% this year, and these first quarterly numbers have dropped and it has beaten expectations. netflix shares up another 7% in after—hours trading, as the company beat any expectations on the number of subscribers it has added in the last three months. it has added about 7,500,000 subscribers about a million more than expected and that is keen for incest —— for investors. this stock that was already stratospheric will help lift the tech market, which has really been in the doldrums recently. you already made a comparison between america

anna: netflix's blockbuster earnings. despite hiking prices, the streaming giant posted it strongest subscriber growth since going public 16 years ago. ♪ manus: good morning everybody. anna: it is just past 6:00 in london. a little later in the morning in dubai. let's talk about what has been going on in the asia session. a little bit lackluster in the asia session, the strength of the data we saw come out of china. perhaps online sales. a little lackluster on the old economy, industrial production. we will talk about that through the progress. the dollar index is pretty flat, but a little bit of ground. we have seen the dollar near its lowest in two months. president trump, of course, has been active on twitter in the past 24 hours. one of those has been none of the f -- has been on the fx subject. the affected that had been dollar weakness. the focus this week is going to be around the fed. nomination of the vice chair printing u.s. century bank. the aussie-dollar, and little bit weakness. shrugging off bullish assessme