john great of you back on netflix in general. this strategy, for so long they were the company with first strike advantage now they're coming in with second strike does it still mean it's an advantage for them >> they're bullish, carl on the tier that's being launched in early november, they cited strong initial demand for the ad inventory and said it should be a significant driver of incremental revenue and profits over time. if you remember, we did work in mid june, on the show in mid june, our initial work on the ad tier and it's kind of lining up to what we thought it would be we said $6.99. that's the price in the u.s. we said four to five minutes of ads. we think they can do $10 of ad revenue per member in the u.s. and our survey work suggested about 4 million ad tier members in -- kind of in the first year. and then you'll probably have some folks switching from existing tiers and as you were talking about earlier, the paid sharing launches in early 2023, this ad share comes at a good time they probably should have launche

from netflix a.uch uptake do you expect and how much revenue could it bring in? bob: i think we are going to see a lot of interest than actual involvement. it is one of the things that will take a couple of orders to ramp up. there is no question that the timing is looking percent -- prescient. here is the lower cost option. a number of people say maybe i need to cut back on my netflix and they can go for the lower cost option. that will give them a reason to continue going. i think it is a great revenue opportunity, early signs of stories i have seen is that there is a great deal of interest in reaching the audience. as far as advertisers are concerned. it is very interesting that netflix has immediately decided to move away from the paid subscriber numbers. clearly the market is happy with where they are. when it shows is that they can continue the momentum they have had in the past, everything is not all negative. it is a headspace business. you had a stranger things four, a couple of things that

he is fired up about netflix >> let's go after netflix. >> no, i'm not going after netflix. i know he happens to watch the show and we said he is a genius a number of times, and he continues to pull a rabbit out of the hat we mentioned the gaps in the chart on the upside that need to be filled. those gaps get filled up to $300 we also mentioned since the spring it was the first time literally since the inception of a planly traded company that you could make a coached for netflix. now i think the rally gets long in the tooth i do think it has legs maybe another 10%ish from here but then you pull the ripcord, brian. >> right before the show started, you kind of mumbled to me finally they did something. >> yeah. and as someone who has been long the stock and bought it after the first down quarter, not the second, i'm still down i heard a couple of things that are encouraging. i also heard something that is emblematic of what we're going to hear in this quarter. a 13% year-over-year about a billion dollars. i heard about free cash flow and about a billion in free cash flow this

netflix 7.6% of total tv time in the united states.ch was 2.6 times the amount of amazon or better. at least among the streamers more important, management notes that while their competitors are all spending heavily to promote subscriber growth, they're likely all losing money. netflix should have an operating profit of 5 to 6 billion this pe burning money to become more competitive but that's unsustainable in the current environment. here is the kicker after a challenging first half, we believe we're on a path to reaccelete like? netflix guided for 4.5 million paid subscriber editions in the fourth quarter half a million higher than analysts want or looking for but every other line came in lower than expected, which initially got me worried but both because of the insanely strong dollar, which explains a lot and because they shifted some extensions for the third quarter, all explained away the company told a good story about the ad support, which will launch next month in 12 countries and probably too small to move the needle any time

netflix as well.atches had cleared out of the way, most parts of the uk had plenty of sunshine but there were some big contrasts in the temperatures from north to south. across england and wales, very mild weather. in parts of sussex, temperatures as high as 20 degrees but even though we had sunshine across the north of the uk and scotland, here, it was much cooler, with temperatures in shetland just reaching 10 degrees. the reason, well we had this cooler air mass underneath this area of high pressure and that will be slipping eastwards over the next few days and this area of low pressure to our south—west really is going to dominate and will be very slow—moving so we will transition to even more unsettled weather conditions, really, and that transition is taking place right now. we are seeing outbreaks of rain arrive with strengthening winds and look at this, towards the start of wednesday morning, the end of the night, we're looking at temperatures of 16 degrees in plymouth and those temperatures a

netflix is having a good day. we'll talk netflix in detail next.is bloomberg. ♪ alix: we are one hour into you was trading sessions. flying back a lot of losses. the nasdaq 100 up .7. abigail is tracking those moves. abigail: on the s&p 500, we are looking at a 1% intraday move to the upside, so a bullish reversal, closer to 1%. nasdaq is up about .7, even with yields higher. yields higher earlier in that bloomberg dollar index higher, that had been one of the pressures, but investors seem to be rethinking it as part of the three-day rally. we are going to see declines earlier today and in the premarket are swallowed up by this gain, up about 5% the last three days. there is a decliner, up 5% at the highs heading to the best three days going all the way back to july. let's see if the bulls can get back up to the session highs in the early, early premarket during the asian session. reasons for these gains, let's look at earnings numbers. netflix up even more than the last time. at that point, it had been the best day since january. they have seen a

today netflix reveals about its ad-supported tier. the streets bullish on the strategy but is a nearly $7 price point cheap enough to stop the turn and nfl sunday ticket is up for grabs. plus, mark zuckerberg says he missed a giant shift in social networking we'll have that story in just a few minutes. first take a look at the broader markets. they are lower this morning. we are seeing more consolidation in tech. we've got another possible deal in the news this morning we actually talked about this yesterday. some of those targets that were ripe, guys, this was a company worth about $9 billion at its peak 5 billion ahead of the news. now we're nearing 6. it feels like companies are becoming more in line, the targets with the acquirers starting to accept that maybe they may not reach those peaks, so selling is a good option. >>> i think with knew tannics, the company is doing pretty well this is one of those software for infrastructure multicloud plays. was just talking to the ceo a month ago when you and i were at the goldman sachs co

netflix and chill. dani: shares have jumped after the streaming giant stemmed subscriber loss in the third quarter, there are hit shows, "stranger things" help add to .4 million members beating expectations, let's get more from our bloomberg tech reporter, is the worst over for netflix? >> it seems like when it comes to the subscriber growth, the worst is over for netflix after two console orders -- quarters consecutively of diminished subscribers, we have seen 2.4 million added, and they are expecting more over q4, the holiday period for netflix which is a key time when it comes to new content they are putting out. it's interesting to note that netflix itself is saying it is moving away from announcing subscriber numbers, and focusing more on revenue. that might be part of a broader trend that comes from them about to launch this ad option in 12 countries originally in november. they are trying to move towards not just focusing on growth, which has seen them have to buck the trend in the first half of

one thing's for sure netflix is raising all the media names.dinisney's bk to 101 this morning and united is lifting a lot of airlines, jim. >> look, united was just -- remember, the united quarter was a quarter that, as david mentioned, you thought they could never do unless it was business travel, because the business travel people sit up front. they're really important >> they do much higher margin customer. but again, i made -- i just made this point moments ago, but it is interesting to think that they are seeing higher demand as a result of people's willingness to travel more often because they don't have to work on monday morning from the office >> i like that but it is interesting that we're so used to these days losing money if you see something we like like, oh, i use google search, i'll go buy google stock the one thing that has worked, i'm always on extremely filled flights. i'm going to go buy united it worked. david, keeping your eyes open, seeing that you couldn't put your stuff in the overhead, it made you money >> yeah. >> when

the binge model works for netflix specifically. j works for netflix specifically.le to binge a show, other than reality programming, basically whenever it comes out. at the same time, the rerelease that make the weekly release works for others. the benefits of that are spreading out a show over two or three, maybe even four months meaning you need to subscribe for each of those months to keep watching the show. that does help. and if you look at demand for content that has been released, binge versus weekly, for the bin shows is a huge uptake in the first weekend that trails off before weekly shows that is a better way to build buzz and audience over the course of the cycle and we see that in shows like house of the dragon on hbo max. thank ou and the dragon on hbo max. thank you and it _ the dragon on hbo max. thank you and it is — the dragon on hbo max. thank you and it is interesting - the dragon on hbo max. thank you and it is interesting to - you and it is interesting to have your take on that. so is netflix really running up the hill regarding the competition

netflix, if you do this, don't do baseball. coming out hard against baseball an older demographic still enjoys baseball. maybe that is what apple tv is doing. i don't watch a lot of baseball on tv myself what is next for netflix we saw them doing "gray man. and then a wide variety of shows. that isn't moving the needle what is moving the needle and bringing people back to the platform and make it uncancellable. >> they are measuring time spent. that makes more sense than views. they would take a few minutes and count it as a view now looking at what is keeping people on the platform some other ideas double thumbs up on a video you like if it was a brilliant idea, other companies would have done it before. the key for netflix is the era of viewers is over the company would say it is competing with sleep that is ridiculous it was competing with other entertainment companies. there is a realization that is what is happening today inside the company. the stock dropped 59% on the year that seems to be right i think with the lower ma

you look at netflix.ia company you have to look at everything in terms of the tv market and you have to be realistic in terms of the competition out there. >> all right so, matthew, we just showed a graphic with your price target at 157 right now netflix is at 272. they're kind of on a hot streak. they have the djeffrey dahmer documentary and "bridgerton. >> i think the stock still gets street cred as more or less a category killer. i think it's another media company in a highly competitive market when you consider the q4 target was higher you have 14% it seems kind of like a relief reflex rather than something that necessarily narrowed off the fundamentals. >> what can we make of that growth off the asian pacific market versus the u.s. is that the only option at this point? >> they only grew 100,000 in north america. that's probably as expected. i think there's a tremendous amount of respect irv asian growth yochl view to respect the local competition markets like india and other international companies.

that's any nirvana and where netflixments to be. i doubt they'll cut by 90% and they'll do it gradually and cut the bottom 10% in a year or two and another 10% and take another decade to get there but that's it the right model. liz: one of netflix's crown achievements is the show the crown. little controversy here and got backlash from former prime minister john major about the fifth season being "fictional" and quite bollack, whatever they use in inland. do you see any kind of movement on behalf of netflix from the show and it's been a huge wi winner. >> first ophiology, it's a sony program and -- of all, it's a sony program and they need to move away from third party produced originals and they need to do first party produced and some of those bigger hits like orange is the new black was l lionsgate and ozark was media capital and bridgerton they owned and they've been doing this for the last ten years and getting better and better and ground isn't one that owned and you guessed nirvana owning everything and hbo owning every origi

netflix is growing again.xpectations were low after the streaming giant lost subscribers last quarter and suddenly pivoted to ads. what is working? we discussed. women are leaving the top ranks of companies in higher rates than ever before according to a new report. what they are calling the gray to breakup later this hour. why has zuckerberg been so quiet these days? the ceo seems to be ignoring his flagship network to focus on a vacant virtual world. first, a look at the markets. tech stocks climbing for a second day as we head into a key earnings season. ed ludlow is here with the biggest moves. ed: back to back gains for the nasdaq, but the first back-to-back gain for tech stocks in two weeks. we have come into this with high anxiety looking ahead to earnings season. broadly, tech underperformed. yields creeped higher. a story we want to get to straightaway is that of apple. information reporting, according to people familiar with the matter, apple has cut production of the iphone 14, which impacted shares

and potentially that will be the same as netflix.o, everyone now has these different plans getting consumers the option. the irony is that the streaming business looks a lot like traditional tv and on like traditional tv, you can't record shows and skip ads. you are forced to watch the ads. emily: our colleague -- has a new piece in bloomberg businessweek. the headline is "netflix's makeover is everything ted sarandos once hated." talk to us about just how different this is and ted sarandos and reed hastings' new vision. >> there are so many ways the company is changing. basically everybody copied them. from disney to time warner, everyone came out with streaming services. we are seeing not just the ad supported things that reid didn't want, but they are cracking down on password sharing, which for a long time, they let anybody share passwords. we are seeing experimentation with the new knives out film which is going to be in theaters for a week a month before it comes out in streaming. we are seeing a lot of the changing in the old

netflix, buy. >> julie biel? >> i like clearwater analytics mission critical software. it's not getting switched out, and it's moving into europe, which i actually think will be positive for them, so it's a little contrary. >> jeff mills? >> tesla is breaking may lows. i think this one goes a lot lower. sell it. >> tim >> altria. pay out. >> that does it for us on "fast money. do not go anywhere "options action" is up after this quick break ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq ♪ icy hot pro. ♪ ice works fast... to freeze your pain and your doubt. ♪ heat makes it last. so you'll never sit this one out. icy hot pro with 2 max-strength pain relievers. >>> it's friday, and it's time for "options action. i'm melissa lee. the dow and s&p end a choppy trading week almost back where they began while the nasdaq continued to dive

we await results for netflix dow is up 327. s&p 500 is up 1% we've had a nice final session we're off the highs of the day but back-to-back gains encouraging? what do you think? >> not bad in a strange way, maybe a 1% gain is better than these huge big bites that you get on the kind of short covering rush to grab for exposure type rallies we've had in the past month. the equal-weighted s&p is doing better there's a drag from things like apple. you don't want to draw too many conclusions, because as i said, still not back up to the october highs. there's a lot of work to do but enough dry powder out there that people are getting a little bit of confidence that it could run if you have the right things line up. >> the dollar is stronger, which is sort of a point of caution, although yields are a little lower today. goldman sachs is higher after beating estimates, a soaring bond trading offset a big decline in investment banking. leslie picker joins us dave solomon gavecautious comments earlier what does that say about the environ

we are also previewing netflix earnings.merican crime out of control, voters are sick and tired of it. who they are blaming for the historic rise in crime across the country. plus, three weeks away from election day, why republicans are poised to outperform democrats. don't miss a moment of it. you're watching "mornings with maria" live on fox business. ♪ my dad was a hard worker. he used to do side jobs installing windows, charging something like a hundred bucks a window when other guys were charging four to five-hundred bucks. he just didn't wanna do that. he was proud of the price he was charging. ♪ my dad instilled in me, always put the people before the money. be proud of offering a good product at a fair price. i think he'd be extremely proud of me, yeah. ♪ living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio. the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopause stat

netflix has put a price and a date on the rollout of its new ad-supported tier. premiere media analyst rich greenfield getting in front of our cameras right now to tell us what the much-anticipated new service means for the stock which, by the way, has lost about 62% year to date. with the closing bell ringing in 49 minutes, dow is up 939 points at the moment, and the rest of the big indices are following into the heavens. we're coming right back. ♪ ♪ (vo) while you may not be a pediatric surgeon volunteering your topiary talents at a children's hospital — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you give back. so you can live your life. that's life well planned. ♪ ♪ ♪ ♪ ♪ ♪ your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. matching your job description. visit indeed.com/hire moving forward with node- positive breast cancer is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio

but you know it's a top 10 on netflix because people can't get enough of true crime. it's really it's just very dark , like i definitely don't want to watch it whatsoever, but i can see why people are fascinated with it or was being to death in prison in 1994. yeah they get into that again taking some artistic liberties, that kind of made some of the victims families upset, you know? alright coming up your fault. reading lists our own friday polka guy very mitchell makes a surprise monday period appearance with his favorite books about showbiz and later the guy from hollywood who would rather juggle books, then read them. you're watching world news now. paradise new tonight and tomorrow on abc and stream on hulu. there's only one thing better than a hollywood it's a ory about hollywood, and nobody knows hollywood better than our own friday folk a guy barry mitchell this morning he's sharing his latest reading list . here's barry's bookshelf. the fall edition. i love reading about show business, old and new . here's a guilty pleasure. almost 500 pages of oral history a

netflix is helping, but nasdaq getting hit by microsoft, apple, amazon, alphabet all weaker today check out the big movers netflix definitely the top story of the day the top performer on the s&p on the back of strong results more on that ahead united also getting a nice bump on good results. p p&g higher and generac is falling hard on a warning. after the bell, we'll get results from tesla and ibm coming up on the show today, we've got a big interview with alex karp and stephen scherr let's begin with the market and the economy. the federal reserve just releasing its beige book last hour and minneapolis fed president, neel kashkariy, making fresh comments this afternoon. steve liesman here with the highlights and takeaway. >> thanks, sara. a very mixed beige book that hints at some progress on inflation and supply disruptions but far from all clear on the key factors that have been driven inflation you know from the fed's bank districts that economic activity expanded modestly. that's an upgrade from the last report which said it was unchanged. looking at the key sectors there, retail

so does netflix just win the latest round of the streaming wars tim? i think they've changed the conversation whether they've won anything i don't know if you listen to the street, you've had a chance to react jp morgan said this could be 3 billion in incremental by 26 and this could be 4 million new subs by '23 i think it is no longer about stagnant or sub contraction which has been the story of netflix for about a year i think it is about where we're getting incremental. we have not heard the solution to the password sharing dynamic. it is -- netflix is like tesla when things are going great, nobody cared and everybody said they had great content now people are where is the great content in netflix and it is about what kind of opinion they're going to throw up. are they pulling back here but i'm long netflix so that is me talking and i want to see it break that 250 level. >> courtney, what do you think of this? the stock rallied when this news was released, spike higher. >> along with the markets. but still. >> which i love to see the positive hop he

pinterest, netflix, paypal >> no, this is perfect. >> i'm blushing now. >> netflix is the first one iwhere we got down to levels that were way lower than pandemic levels, so this one was way overdone pinterest, i always look at these for momentum look at three months, one month, schee see which stocks have the momentum the sell side starts to upgrade these stocks all money is harder to make when you want to talk about an apple. when you want to talk antibiotic pinterest, down 80, up 20, the real beta chase is on these underperformers. i agree with his premise i'd go with netflix. >> i agree good to see carter so bulled up like that. >> excitement was palpable. >> i ran into him on the street the other day. that was fun, actually, seeing carter out and about in the wild i agree, netflix it is so far down. 80 -- a little less percent. however, that's not why i like it i like it because obviously there is a catalyst there in the change of their model or the addition of the ad supported model, and relatively low to netflix. >> the other thick he could have pointed out is they're all profi

netflix shares have jumped in extended u.s.rading after the streaming giant stand subscriber losses, it shows like "stranger things" helped beat expectations. let's get more from our tech reporter aggi cantrill, no spoilers because a lot of the series i have not seen yet but is the worst over for netflix? >> what is important from those original numbers is the subscriber numbers, 2.4 million isn't only what they are looking at, they are projecting another 4.5 million over the q4 period which includes the holiday period where a lot of people are potentially spending more time at home and watching more tv. they say this is an upward trend after two quarters of lackluster subscriptions for the company. what's also interesting as they are moving away from a purely focusing on the subscriptions themselves. and also looking at how the company is making revenue. essentially when talking to investors they are not going to be pointing to the subscription number alone, but instead looking at how the company is growing revenue. tom: inter

that has optimism in the netflix numbers. paul: are we seeing a bit of glory for other streaming platforms more broadly? >> the big concern has been about whether the streaming slow down we saw in netflix, what that means across the board. i think this is going to prompt a little bit of relief. there is much more room for growth. they do have to be aware that they can see growth all through. it is going to be a point where the platforms are going to mature. there going to be more creative ways to monetize their subscriber base. it provides a nice roadmap for all of these other streaming services down the road. shery: that was are earnings today. the biden administration is planning to release 15 million barrels from u.s. emergency reserves. they may consider significantly more this winter. bloomberg has more on this. we continue to see more measures to try to fight rising gasoline prices. >> this is a top issue for the midterm elections that will happen here in the u.s. in three weeks. the administration was angry when opec-p

netflix about _ sky. so why are netflix doing this now? netflix about it _ sky.release at l now? netflix about it release at netflix funding service. advertisers can and want _ netflix funding service. advertisers can and want to _ netflix funding service. advertisers can and want to know— netflix funding service. advertisers can and want to know exactly - netflix funding service. advertisers can and want to know exactly how. can and want to know exactly how many apples are seeing the ads in the market want to take netflix is word for it. i think that flex finds itself where it has to use an external agency to do that. it is good to be interesting because netflix figures are its secret source, it's how it commissions hit after hit for them even want you think aren't obvious because it sitting on this enormous pile of data. it's got hundreds of millions of people watching content on netflix or may knows exactly what the most popular shows are, who the most popular performers are, the directors and it could mix those two together to make its not big hit. it's not o

"the exchange" is now. >> yeah, there's something about netflix, scott, right? that's right welcome to the schexchange, everybody. i'm brian sullivan in for kelly again. stocks are higher once again today, though we are off the best levels. the dow up 1,800 points from thursday's post-inflation low. but can this rally really be trusted? not everybody is a believer. oh, a guy named bill gates is going to join us yes, that bill gates we'll talk to him about the companies he is investing in, where the money is going to fight climate change, polio, et cetera plus, with the midterm elections approaching, is it really all about gas and groceries? you can expect to hear those words a lot the next three weeks, as money and politics, they really start to collide heading towards election day we'll get to all of that and more but first, let's get a chick check on the markets today no dom today, you're stuck with me stocks are adding yesterday's big gains, but off the highs right now. still, dow up 269. the nasdaq is up .7% again, we've lost some steam will we end higher st

a big night for netflix. and we'll look for proctor and abbott and traveller in the morning as this earnings season heats up >>> welcome to the half time report front and center this hour the two day rally for stocks whether you should believe in it or fade it the investment committee joining me for the day nice to see everybody in the house. let's check the markets as we always do. well, we're holding on for the gain maybe one of the culprits as to why we're not as strong as we were the ten-year note yield about 5% again, the two-year above 450. you as well have a vix that is still somewhat elevated given the strength of the rally. we're above 31 so take all of that into consideration and tell me how you feel with this move today. >> so i think it's very important when we're in the midst of a bear market rally to be measured in terms of, like, how far we think these can go and how long they can last for one of the things i like to tell people is don't be sad it's over, just be glad it happened we did need a

we'll dive into the action of the energy patch and see if there's chance to profit betting on staples netflix and tesla. the strategy and options play straight ahead here with us tonight carter worth, mike khouw, and our special guest. quick thoughts on the week because it has been a crazy wek. carter >> one way to decide any period or day look at the high and the close. the lower low, the lower close, bearish week >> all right, that was simple. what was your take >> i think when you look at the market, yeah, there were some whips action and somewhat bearish as we closeout the wick week i think it's really been all about the ten-year treasuries right now and where that's going. basically by my calculation about every 1%, so when the ten-year sort of ticked above the market got real scared we saw s&p trade down and all of a sudden the ten year reversed itself and the market found ways to rally 4% critical on it ten-year, i think and that's going to govern because if you look back that's about a high 2010. so if we break through there, it could get scary. it'd be scary for the market >> yeah, 4

. >>> plus a tectonic week for the two tech titans, netflix and tesla with a bit of revival, the other seems to be on low battery. the strategy and the options play straight ahead. here with us carter worth, mike khouw and our special guest mike sutland. we will begin with quick thoughts on the week it has been a crazy week, carter. >> one way to decide whether any day or week or any period is bullish or bearish, you look at the high, low, and close lower high, lower close, bearish week that was simple. >> brian, what was your take >> i think when you look at the market, yeah, there was some whipsaw action as we close out the week i think really it's been all about the ten-year treasury right now and where that's going. basically every 1% tickup in the ten-year note, that's worth about 7 or 10% downside in the market so when the ten-year sort of ticked above 4% the other day, the market got real scared we saw s&p trade down to 3,500 then all of a sudden the ten-year reversed itself and the market found some ways to rally and now again we're back at that 4% level 4% super critical on th

. >>> united and netflix tonight we will see you there, 5:00 p.m. for "fast money" tonight we'll see you back here for the exc exchange i can just eat these nine seconds. "power lunch" starts right now >>> i'm going to fill the hour that way welcome to "power lunch," everybody. along with contessa brewer, i'm tyler mathisen here's what's ahead. profits are powering wall street for a second consecutive day the earnings apocalypse that many feared is so far missing in action, but can this rally really be trusted? we'll talk to someone and get a perspective there. plus, lockheed martin tops expectations the stock surging today, gaining 22% this year. that trounces the 20% drop in the s&p 500. the cfo will be along very shortly to give us a peek into 2023 and even as the threat of recession looms. >> hello, tyler, and hello, everybody. a broad rally, all 11 s&p sectors are higher the dow up 652 pointsat its highest. right now, up 416. we're 1.4% the s&p 500 is up 1.5% the nasdaq composite up 1.3. in the last 30 minutes, twitter shares popped on a report

i wonder what netflix. i hope no lawn mowers coming across the studio as i'm doing this report that would be a strange setting. that is one thing to watch. technology, talking about the market coming off its highs. technology has a lot to do, when we look at tech, talk about jobs, how the labor market is holding up relatively well. tech might be a exception there. if you had to pick an exception. snap had huge round of layoffs. now microsoft is in the news for a smaller round of cuts we should point out. microsoft is such a huge company, 200,000 employees. when "the wall street journal" reported cutting 1000 jobs. that is less than 1% of its workforce. the company line from microsoft. you see the stock which like many tech stocks opened higher today before turning down in the day by just a little bit, the company says it is just a regular adjustment, regular adjustment to start off the fiscal year. so we'll see. but that is the story with microsoft. as i said the stock to watch tonight, without a doubt be n

ashley: okay, take a look at netflix and talking about this with mark maheny and netflix adding new supportedear and stock up half a percent. how much will it cost? susan: i think it's $6.99 for ad supported tier and canada and other countries around the world and not high resolution and full $15 a month package gets you and there's a limit to library and i saw the selection, it's a lot that you can watch, especially the netflix, the netflix proprietary series like stranger things and 4 to 5 minutes of commercials per hour and not a whole lot. the speed of introduction was shocking to everybody and took seven months to make this introduction and ahead of disney's ad supported tier and expected in the first week of december. disney+ charging $7.99 for ad supported tier and jp morgan saying netflix will attract $200 million in ads in their first year and that's a lot. and attract about 7.7 million new subscribers and that's why netflix is one of the best performers over the summertime. this stock has recovered about 30% of selloff in anticipation of this new ad supported tier. ashley: very inte

. >>> me quedo en casa a ver una pelÍcula en netflix. >>> te quedas en casa a ver netflix y compartiremoto en una total prioridad. >>> hoy los servicios de streaming casi que se convirtieron en una prioridad. >>> usar ese tipo de servicios... >>> necesita de ahorros a largo plazo, si te quedas en casa no gastas en gasolina, comida, tiempo. >>> dice esta experta que hay que ser inteligentes y tener un balance. >>> tampoco podemos gastar todo el tiempo en suscripciones. >>> ya no podemos comprar netflix ni nada. >>> no tenemos plata para comprar nada. >>> por eso la plataforma netflix lanzarÁ en los prÓximos dÍas paquetes mÁs econÓmicos, pero tendrÁn que ver publicidad, algo a lo que estÁn dispuestos algunos si quieren ahorrar algunos dÓlares. >>> y bueno no sorprende porque ya habÍamos escuchado de un estudio de hace unos meses que decÍa que los estadounidenses por primera vez en la historia veÍan mÁs televisiÓn por streaming que tv por cable. >>> claro, y lo que van a gastar en comida y entrada en el cine lo gastan en casa. >>> bueno, vamos a la pausa y al regreso hablamos de las pers

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one of my holly index names i might as well try to support another one, and that's netflix. name that's been under considerable pressure. i don't think i need to tell any viewers just how bad it has been but one of the interesting things is on this downslope, this sort of ski jump that we've taken all the way down here, we've gone from a very high valuation business actually to one that is not super high anymore. we're talking about a company that's trading, believe it or not, at about 20 times forward earnings, maybe a little bit less, so this is not price in the node bleed territories i think we're not going to see a lot of people paring this. when we think about discretionary spending we might any of dining it or a new car or vacations. we add to the fact that netflix introduced a lower cost service that is going to introduce ads for those trying to peare the prescriptions they have, they have a slot they can fit in. this is a situation i was taking a look at a call spread risk reversal the reason i was looking to that, number one, options premiums are elevated and as we

netflix has that.aded the stock about two months ago on the belief that the core business is probably more stable than the market feared. that's true. and that they have a major catalyst coming up in terms of the launch of the ads business. it's going to be basic with ads, $6.99 a month for netflix with advertising. it's going to launch in about two weeks from now right before the elections, and we think it's a big winner for netflix. if you have a real clear catalyst, you can be long stocks in a very tough environment. the stock is verily nicely outperformed and we think it can continue to do that and price target is $3.40. stu: got it. next week is the big week for big tech. i'm interesting particularly in meta and google. you follow both of them. give me your outlook for those two stocks. >> i want to be careful on these two names. more so google than facebook. the read on snap was negative but snap is a weak player in online advertising and i don't want to overread into it. the things you have with

hasan's new stand up special "the king's jester" is streaming now on netflix. hosting our conversation. don't forget to subscribe to the sunday sit down podcast. you can find that on apple podcast or wherever you get yours. and next week a favorite sunday sit down with beloved academy award winner ema thompson ahead of the anticipated new film matilda the musical from her legendary career from sense and >>> and we've got a foggy start in san jose. this is a live look right now at downtown. current temperatures also showing some chill factor up to the north bay but limited visibility down to about six miles in san jose. even less than that up through santa rosa and navadoless than a quarter mile. here is a look at your temperatures. 49 in morgan hills, 56 in hayward, here say look at your headlines with a cloudy halloween sky ahead. >>> ahead on sunday today, our highs and lows of the week including snapshots of terror on this halloween-eve as one haunted house captures its victims in hilarious photographs that have become a viral sensation. >>> and up next the

we pick apart netflix on deck for tuesday.new york, this is bloomberg. ♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. caroline: this is "bloomberg technology," i am caroline hyde in new york let's get back to the markets. let's get back to the chip market in particular. at the low coming have the latest in terms of semiconductor delivery times. >> the data coming from susquehanna financial group, 26.3 weeks, down or days from the previous month. it does not sound like -- 4 days from the previous month. it is the biggest month on month drop in leadtimes, since the firm sta

netflix series.own is now facing new scrutiny over how it portrays the royal family and its upcoming season at issue what the actor playing then prince charles tries to do now one actresses saying enough. this morning, one of britain's most beloved actors dame judi dench, one more syllable and i'll have you killed best known for playing em in the james bond franchise is speaking out against the popular netflix series. the crown oscar winning actress known to be a friend of king charles and queen consort camilla pending an open letter to the u. k newspaper. the times calling on netflix to carry a disclaimer at the beginning of each episode denoting the series as fictional. dent's saying the series seems willing to blur the lines between historical accuracy and crude sensationalism. it comes days after former prime minister john major announced a scene from the upcoming season that reportedly depicts prince charles approaching major with the plot to oust his mother, the queen major, calling the scene a

what is a new netflix? focus off of subs exclusively and focus on these new revenue streams that they think they have, and now you have to decide whether you are going to transition yourselves an investor from a high growth subscription based model to a more traditional media model that's kind of the narrative where it is today. >> yeah, i think that's true and there's a lot to what josh and jason said that i think is correct. look, i missed it, you know, at 20 times that's when i would have loaded up guess what, market's given you another opportunity on every stock where you don't buy on a 12 or 14% spike. to me the only thing i disagree with jason on is it doesn't matter where it came from, period doesn't matter where any stock came from that was free money in an environment we'll never see in our investing lifetimes unless disaster trikes again today they're coming out and saying we're going for profitability, which is something they've really never said, right? and you've got to wait to see what happens

netflix is up. did anyone watch dahmer.hey added 2.41 million net global subscribers, and that was more than double what the company had projected a quarter ago, but they used to have like 8 million. i think only 100,000 in the united states. >> 8% was the average. >> it was. they plan to crack down on password sharing there must be a way to do that here's founder and co-ceo reed hastings on the call last night. >> thank god we're done with shrinking quarters that's a good feeling. we're back to positivity erring the company is focused on wlrk it's the content side, marketing, lowering the prices that are ad-supported, paid sharing, the buffer approach we're doing there lines us up for a good next year all the stars are lining up very well for us. >> and we're going to look at the shares 274. here's what i'm going to say if we could be in congress, we would be trading like crazy compared to what we're allowed to do. we're not allowed to do anything i don't really complain because it's saved me a lot of money at times not be

, i would buy netflix.the other hand, and this is strictly from a viewpoint, keep in mind, it's trading at 150 times -- >> got to self describe, for once >> yeah, i know what i am, but -- >> better late than never. >> i suggest kevin has to know what he is, and this is a company that is expensive on a free cash flow basis, and if you like return on those categories, old school, kevin, you have to buy these. right now, o'leary, you are dead to me. >> we will take a quick break. and weil wl have santoli's midday word, and we will do it after this ♪ ♪ connecting to opportunity is just part of the hustle. ♪ ♪ opportunity is using data to create a competitive advantage. ♪ ♪ it's raising capital that helps companies change the world. it's making complicated financial concepts seem simple. opportunity is making the dream of home ownership a reality... ♪ ♪ ...writing new rules and redefining the game... ...and driving the world forward to a greener energy future. (applause) ♪ ♪ opportunity is setting a goal... ...a

and also, it seems like and correct me if i'm wrong, netflix is very adventure. you mentioned stranger things. a lot of women are watching bridgerton, but when the shows end, it seems like people are unsubscriber to netflix. >> this is what you're seeing with for example, the hbo max discovery strategy they're trying to do, which is bring people in who love discovery who keep it on as background tv for the tent pole programming that they're used to on hbo. next flix needs to get out of in some ways the only event programming that they currently are in and so yes, you're absolutely right. you see sports and live coming into all the other streamers and this is what i say about netflix all the time they're the never say never company. they said never theatrical, never advertising and they said never news and sports. i'm going to guess that never eventually becomes a possibly. >> you raised something, and janice, nice to see you. janice, by the way, is one of the legendary magazine editors of our generation. congratulations on your many accomplishments. i mean it. >>

i think it shows that netflix, this is netflix saying, we are going to be very much in this for the longsh television. now, in an exclusive interview with breakfast, he�*s been sharing his reaction to being officially declared a national treasure — by buckingham palace no less. jon kay has been speaking to him. ready... that�*s going to really confuse things. they laugh. yes! how have the last couple of years been, the pandemic and the changes to life? well, for a time there, i was fine. and then a couple... three months ago i went to airshow and caught the dreaded covid. i got it bad. what happened ? i got out of bed early to make a visit and because all my muscles weren�*t working, i collapsed. my arms wouldn�*t work and my legs wouldn�*t work. so being a very creative and inventive person as what i am, i thought, how will i get from here to the door? so, you know, walruses, when you see a walrus, if you watch david attenborough they walk on land, they crawl on land. but in order to do that, i had to use my head. so now i�*m lying face down on the ground and in order to get the door, t

obviously i don't think that will happen with netflix, that will happen with netflix, thatis that willight now along with disney and its offerings but yes, you are going to see eventually, as the streaming market matures, you will see some of these not make it. there is one thing in particular, a move they are going to make which is introducing the lower—priced but with ads option. do you think people will accept paying and seeing ads or does it have to be either/or? if you see ads, you expected forfree. we've been paying for and seeing ads as a people for a long time, right? it's not something new. and the ability to pay much less is going to definitely bring people in and i think that is something that streaming is going to bring in more. we're going to see more services which charge a for no ads. we've seen it with news coverage and newspapers which will charge you a higher subscription fee if you don't want to see advertisements. i think that is likely to be the effect of this, it becomes much more standard to see —— pay a lower price if you want to see ads in a higher price if you