netflix, where is that? i think it would be a huge opportunity for netflix to go into ports.s expensive, but it has something fellow streamers don't or struggling to find which is free cash flow. use that money to buy sports rights. apple tv is doing witit with ml. >> alex, great to have you here. alex kantrowitz. thank you. >>> we turn to another earnings company. tesla shares falling after the ev maker missed on revenue and earnings for the first time since 2019 as it works through lower delivery numbers. the stock was flat following the release, but took a sharp turn lower during the earnings call when elon musk struck a pessimistic tone saying he is moving through the current environment with a degree of caution. >> i am still somewhat scarred by 2009 when general motors and chrysler went bankrupt. well, that is now 14 years ago, but that is seared into my mind with a branding iron because tesla was just hanging on by a thread during that entire time. >> joining me now to discuss is george gianrikous. we're having audio problems. maybe there is something you can hit? >> c

tesla and netflix seeing gains.ne of these magnificent seven top stocks members right we have seen profits missing estimates but gross margin roughly in-line with expectations but really it was the news about the cyber truck delivery scheduled for the end of november from that texas gigafactory that dominated headlines, and spoke about a lie it has doubled the size of its ai training accommodating for the growing data set in its optimist robot project and the shanghai factory update running at full capacity for several quarters despite not expecting an immediate increase in the run rate, so still upside although that has been given back at the moment in the after our session. netflix was the other story raising prices for some customers in markets such as the u.s. u.k. in france and the best quarter for subscriber growth in years, so quite a turn of confidence being struck when it comes to those netflix numbers. that's get more and bring in our senior analyst for bloomberg intelligence. great to have you with the sp

ted: showing netflix movies. --lucas: showing netflix movies. this is when i will ask your favorite question. [laughter] ted: you can go to the ejection theater we restored. lucas: apple is about to put a martin scorsese movie for 45 days. you negotiated possibly putting it on movie screens and it did not work out. as you see amazon and apple move in on theaters more, or that competition change -- will that competition change her strategy because as you work with more filmmakers, they will demand it? lucas: i try not to be cynical with the question --ted: i try not to be cynical with the question. i look at the financial results and they say -- i say this is maybe not what people want. i have seen the b ethical run takes the most passionate fans -- the theatrical one takes the most -- the theatrical run -- we meet that demand we generate on netflix and that is our core business. you put movies on theaters and irishmen was on an hundred screens and fire move was on 3000. 10 oscar nominations for the irishmen. --irishman. we have a lot of pay one

netflix and thrill. the streaming giant popping on better than expected earnings, adding more subscribers than expected. raising prices in the u.s., uk, and france. and boasting about the ad-supported tier. we'll go inside the numbers coming up. >>> plus, brokerage blues. shares of morgan stanley clocked, down 7% today. the staggering stat from their cfo about how much cash their clients are hoarding. >>> and later, closing in. the ten-year getting ever so close to hitting 5%. the move rattling stocks and the mortgage market. so, are rates close to peaking or is this the start of a major move higher? i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, steve grasso, and guy adami. we begin tonight with netflix, shares soaring, up 12% afterhours. netflix getting a boost from subscriber growth and a new ad-tier subscription. cnbc's julia boorstin here to take us inside the numbers. julia? >> melissa, that 12% jump of netflix shares, that all c

tesla, netflix, cramer. next .sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >>> i take a week off. now we are back we need to catch up on some huge stories from last week. take last wednesday. netflix and tesla, two of the most highly visible companies out there reported first and these are very different. netflix them out of the earnings looking like $1 million. tess on the other hand, had a earning pool back that was over 9% in response to the quarter before hitting again on friday. you've got to remember, they survived until the end of the movie. james colberg and steve mcqueen. why did netflix break out. it is the zeitgeist of the stock market. netflix pulled back 30% from july highs. worrying about the actor strikes. it is now over. the cfo

liz: got to ask you about netflix.the moment. you know, when you see what they did with, for example, suits. they took an old broadcast legacy show and suddenly made it superhot. does that put them in the poll position to knock disney plus aside and really give the other names a much more difficult time? >> well disney plus actually has better shows on right now than netflix if you look at the movies and the shows they have on currently actually. so you know, i look at disney plus and hulu and netflix are the must-have apps and the other one are ones that people will buy and sell depending what shows are on. netflix is in a great position because they were able to buy shows from hbo actually. they have done really well on netflix, like the "the pacific," for example. all of sudden on netflix, and see hbo shows. what is zaslav doing? does he need money selling his best shows off to netflix? you talk about "suits," so much content can be regurgitated or people haven't seen. netflix is in a really good spot compared to th

so netflix, wow.more subscribers, putting its prices up, it seems to be on a roll of the moment? yes, no, absolutely. _ on a roll of the moment? yes, no, absolutely. i— on a roll of the moment? yes, no, absolutely. ithink- on a roll of the moment? yes, no, absolutely. i think there i no, absolutely. i think there are a lot of really good indications for the future for the company in part, just the fact they have been able to increase the awareness of the fact that they have different types of plans for different customer bases.— types of plans for different customer bases. and also as well, the _ customer bases. and also as well, the password - customer bases. and also as well, the password sharing l well, the password sharing crackdown. there was concern about that, the impact it might have on subscribers going forward but that doesn't seem to have deterred people? yes. to have deterred people? yes, absolutely. — to have deterred people? yes, absolutely. i — to have deterred people? yes, absolutely,

netflix is set to report after the bell. once the king of streaming, but is it now just another player in the game of clones. which platform has the best library and best oorniespptuti for investors. we'll lay it out next. ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. ever since she was a little ki, all maría wanted to do was bak. be i'm maría alvarez,et owner of maría's cakes. and i'm axel, proud to be her state farm agent. her baking superpowers have brought sweetness to our community. i make delicious cakes to make special occasions even better. maría doesn't just bake; she also creates opportunities. small businesses like maría's, open doors for communities to thrive. support your community. support small business. >>> welcome back to "power lunch." i'm kristina. here is your update. new details this afternoon into the deathholloway. the long time suspect admitted that he bludgeoned holloway to death with a cinder block on a beach after she turned down his sexual advances and he then took her

netflix as i indicated earlier, at very much a different phase of growth. it's all about extrapolating as much revenue from the subscription base as possible. moving into new areas and buying not only physical products but services. they may move into games. at some point in time you could see games becoming available as an add-on option. there's obviously the ads here, the path to a cr-- password cra. it's possible they could move into other areas such as, you know, rental, making movies after the actual release. right now you have to leave the netflix platform and go elsewhere to apple or amazon to be able to pay to watch those movies once they become available. i think netflix needs to think of itself respectfully, i think -- >> paulo, we -- paulo, we're going to have to leave it there. we're up against the clock. joining us from pp foresight. that's it for "street signs." thanks for joining us. has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to cov

netflix is important. there's obviously a size advantage for tesla in terms of movement and markets because of how it's market cap weighted. what about the space of mega cap overall? >> i think the prints later on this afternoon will be important and then we turn to next week when we have amazon and meta and microsoft. the price action hasn't been great over the last few weeks. when i think about the tech space and this year and what has gone on, i think about the catch-up trade for the fourth quarter, what really resonates with me is predictability of earnings. within the mega cap tech spectrum is going to be strong. i think that's why folks will turn there and feel good about them going forward. >> you talk, dan ives, what these companies are trying to do, the key perhaps for their next leg of growth for tesla. the batteries, they continue to sign more deals with more major automakers around that end. thinking about ai as well, autonomous driving, where are we? i want a reality check from you. i don't wa

netflix on deck for next week. we'll talk to an analyst that's downgraded that stock ahead of results. >> slippery patch of late. let's check on the markets. speaking of slippery watches the dow gaining on to a 29-point gain. the s&p down 23 point or half a percent. like tyler said, the nasdaq down 1.25% for the day and in the red on the week. the s&p, dow, slightly in the green for the whole week. let's get to the banks reporting. jpm, citi group, wells fargo. j.p. morgan up 5% at one point. now citi, half a percent gain. jamie diamond had cautionary comments we'll get to in a moment. we want to check on novo nordisk which raised because of high demand for ozempic. >> kelly, thank you very much. we start with the latest in the israel-hamas war as we enter day six of the conflict, 1,300 israelis are dead as well as 1,800 palestinians. israel ordering the evacuation of more than a million residents of north gaza overnight. this as secretary of state antony blinken met with the palestinian president mahmoud abbas in

netflix.e, up 16.8%. that's not even the high. it topped $408 at the high, we're at 404 right now after the streaming giant's password-sharing crackdown continues to pay off. they had 9 million subscribers, the highest quarter since the pandemic boom. investors cheering the announcement it will hike prices again for basic and premium mans in the united states by $3 per month to $11.99 and $22.99. so what does this mean for9 not just net flick, but the exit if to haves out there -- netflix? joining me now, michael pachter, he's got a $525 1-year price target on the stock. michael, i look at this and i think who's shaking in their shoes the most? i mean, you've got warner brothers-discovery, paramount, disney+, amazon. who's putting in $13 billion this year and $17 billion next year many content like netflix is? >> nobody's spending that much on streaming only content. i mean, disney certainly spends a lot producing motion pictures, and each of the studios that owns the streamer, so hbo, you kno

netflix was the leader for a long time and the prophets kicked in. netflix is leading the way.ee consolidation. so hopefully some other players increase profitability. the thing about the password sharing in particular is it is almost like a revenue backlog. it gives more predictability over the next few years then i think people feel about the company. they can just bring consumers over with more subscriptions and less password sharing. and have this every quarter. jon: maybe it also gives a little more time to experiment on the ad front and what works the best. one of the things i heard their team talking about, speaking to advertisers this week, was the idea that maybe you have one add or one marketing push during the first show you watch. but then you may be able to get a couple episodes of a show streaming for free, because they are already getting a sense from ad tier's scriber's or users that they are watching for 8 -- from ad tier subscribers or users that they are watching for some time. mark: this speaks to netflix managing to have a legacy add business so the ads do

he told the bbc that netflix is on a roll.ot of really good indications for the future of the company. in part, just the fact that they've been able to increase the awareness of the fact that they have different types of plans for different customer bases. i would say that there is a lot of different indicators, very early on, that this was not hurting them the way that some had feared, and i think that that actually bodes well for the company in the long run, right? because they've been able to essentially crack down on this without losing people, that people feared just weren't going to pay a certain amount in order to share an account. the food and drinks giant, nestle, has reported a fall in its sales volume in the first nine months of the year — as shoppers respond to higher prices. the company increased its prices by 8.4% over the period — part of a wider pattern of high inflation. in europe, total sales were slightly up, but that's more a consequence of rising prices than sales volumes, which have fallen. let's cross li

that's a far cry from netflix's latest quarterly number.t anywhere close, i think it's going to tell us probably a lot about streaming overall that maybe streaming has started to come back from its, you know, post-covid lull. >> so let's talk about this coming week. most of big tech is going to be reporting earnings. what are you watchingsome. >> let's be honest, the real action in technology this entire year has been a.i., right? so i still think that the a.i. theme is the one across the board, across all these names you have to be paying attention. ironically, it's not what's moving the fundamentals. the a.i. results are still not in sales, they're still not in the bottom line, and so i do think there's a little bit of a race risk that if you don't hear enough about a.i. and if management teams don't do enough to keep the hype cycle going, you could see a little bit of a selloff. so is i think it's important to just watch how management teams talk about a.i. >> alex, outside of a.i., what are the other factors you're looking at on earning

what do you do with netflix now? >> well, i'm a buyer of netflix.arnings and that followed a pretty sharp corrective phase. people tell us to buy into weak very hard to do. it would have been the right thing to do with netflix. it did flash some counter-trend signals into the downdraft, and now we have uptrends that i find compelling on the daily and weekly charts of netflix. so within the context of the long-term option, i think we probably have an immediate-term entry. the initial resistance is roughly $4.40, but perhaps it can get up to this year's highs. >>> let's move to another one, sort of a similar category, shares of best buy, slightly higher. goldman sachs upgrading it, highlighting the potential for an upswing in demand, driving to the upside. so you go home, get your best buy tv and watch your netflix. what do you think of best buy? >> i think a long-term neutral buy is still appropriate. within that context, i understand the upgrade, it did get quite oversold and now it's reacting to the oversold condition. it doesn't share in any kind

netflix signs up 9 million streaming in...etflix signs up 9 million new subscribers as a crackdown on password sharing pays off. and passengers get a peek at the fastest train in southeast asia, we take a ride on indonesia's new high—speed railway, funded by china. hello and welcome to world business report, i am hello and welcome to world business report, iam lukwesa barack, and we are going to start in the united states where netflix shares have been searching after the streaming giant said that it had signed up almost 9 million new subscribers in the three months to september. that is way more than expected and the best quarterlyjump since the early days of the pandemic, when we were all stuck at home. so what exactly is going on? it is mostly down to a crackdown on people sharing those passwords, and netflix is now putting up prices in several of its markets. let's discuss this further with michelle fleury who joins us from new york. it is always lovely to see you. so, how exactly have netflix done this while still serving

and that's been the case with netflix through it all. netflix clearly feels good about all this because they're also raising prices so you're getting a lot of things happening here and it tells you that they're operating from a real position of strength. so disney has enough problems of its own, but does this put pressure on disney's streaming service? what's the implication there? i think we're going to learn a lot in three weeks about disney, but also about streaming more broadly and whether this is really a streaming renaissance or just netflix executing well. and so when netflix, when disney reports in november, the analysts are expecting them to report roughly two and one half million new streaming subscribers across all of its various brands. that's a far cry from netflix's latest quarterly numbers. so if they get anywhere close, i think it's going to tell us probably a lot about streaming overall, that maybe streaming has started to come back from its, you know, post covid lull. so let's talk about this coming week. most of big te

>> there was a lot of bearishness in the report from netflix.he question is how can the maturing businesslike netflix still have what it takes to continue to grow and satisfy investors as a growth company and what it showed is it still is very much leading the pack with the streamers. it is very much a key part of customers streaming pfortfolio s cord cutting continues. people are still willing to pay for netflix despite the crackdown on password sharing and the price hikes. there were fewer things investors wanted to see which was delivered by netflix. the first one is more information about the $6.99 ad supported tier. 70% year on year subscription. 30% of new signups are to the ad supported plan. the second was on the password sharing crackdown. cancellations or subscriptions are low with the healthy retention rate. the third was margins. they expected a margin of 20%. the forecast for 2024 is between 22% and 24%. of course, they managed to hike prices as well showing pricing power in the market. the key was the forecast for q4 was positive.

netflix shares on a tear. raising prices adding customers, is the stock a buy at these levels? >> at&t, taiwan semi, las vegas sand,s, all rallying on the back of results. what investors need to know about these stocks. >> fifth third bank corp with a beat. the bank ceo will join us to give us his outlook and talk about how the soaring yields are impacting his company. stay with us. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. >>> welcome back to "squawk on the street." we've gotten some pretty big news in the media industry over the last 24 hours with netflix being a key part of that. shares you see up sharply on subscriber growth seen from increased password sharing crackdown efforts. it is the best performing stock in the s&p today. meanwhile, disney gave

kind of lost valuation. >> netflix picking up a lot of earnings.cal slowdown in advertising as well as the impact of the two strikes one of which is settled. netflix unquestionably going to be a winner long term. great culture, great management. we should have loaded up the boat a year and a half ago when it was 200. they've got some growth challenges going forward. >> all right. so i also want to talk to you about the broader macro picture. we have international tensions between the israel and hamas war and russia and china connecting, saying they're basically an alternative to the u.s. that they say is an agent of chaos. with all of this goingon geopolitically, how does this shape your investments overall? >> it's hard to get past the human tragedy, but we look at the impact on the dollar on oil and spirits. consumer propensity to spend has been very high not just abroad but at home with some of the mess in washington. so, again, it contributes to my more cautious -- not bearish but more cautious outlook. >> what's your outlook for today, the tra

and it's not just netflix.g to "the wall street journal," the average cost of watching a major ad-free streaming service is up 25% in the past year. and americans are paying twice as much per month now as they did in 2018. have we reached the limits of streaming price hikes that the consumer can stomach? joining me now are my guests. martin, do you expect any more netflix price hikes? i heard some angst that maybe the growth won't be as strong as hoped. >> look, i'm a little bit puzzled by the transition to pay for sharing. in the june quarter, it was the first quarter, i think this september quarter is going to be really interesting to see if it becomes more meaningful. they talked about 100 million people who are free loading, and they're clamping down. our survey suggested 40% of those eventually one way or another would pay for it. the outlook for september doesn't jive with that. so maybe that fixes in, maybe not. maybe what we are seeing is some price sensitivity. you know, i think that this could offer m

netflix said it spent less on content this year as a result of the walk—out.reported results for thejune to september quarter, with both profit and revenue coming in below expectations. tesla is trying to survive a price war it started injanuary, even as demand for electric vehicles dips as a result of high interest rates. tesla said it has begun pilot production of the much—anticipated cybertruck, with the first deliveries scheduled for november. but owner elon musk said he doesn't expect significant cashflow from the much—anticipated vehicle for some time. leaders from the so—called global south are meeting in beijing this week to discuss president xijinping's ambitious belt and road initiative. one of the most recent projects is a high—speed railway in indonesia. but, like many china backed projects, it's not been without controversy. 0ur asia business correspondent nick marsh was one of the first to take a ride, and sent us this report. this is the fastest train in all of southeast asia, it certainly faster than any train in the us or the uk. right now i'm

are price hikes ahead for netflix?e wall street journal" reporting the streaming platform plans to raise prices within months after the actors' strike ends. no details on how much. shares popping in early morning trade, but ending the day lower. has not been confirmed by any other outlet or by netflix. karen, what do you make of this? >> yeah, so, when it did pop, i was thinking briefly that it was netflix that was saying netflix was going to raise prices, which is different than someone else saying that netflix is going to raise prices, but i am long, i think it's a good thing. obviously, when you raise prices, and your costs don't really move, that's a great thing for the bottom line. so, the stock is down a lot. they had that great last quarter. it's certainly not cheap, but it's a premium multiple for sure, but it deserves it. i think what's kind of more interesting is this a bad thing or a good thing for the other streamers? you know, mike khouw brought up on our call, as well, maybe you are taking more wallet sha

. >> how long is it before netflix jumps into sports? >> they are into sports now. they did bid on formula one. that could be a smaller package. >> i have to ask you about hollywood. >> i only studied sports. >> i think you know what you're talking about. do you consider yourself an agent? >> yeah. martin's movie is coming out. i just finished two significant deals at netflix for a significant amount of money. >> care to share? >> uh. i think, i am in it every day with clients. every day. caroline: he is still a dealmaker. that was another interesting conversation. it has a new name. >> i would love to know if you could tell him he was eventually going to be the king of combat sports. i don't know that he would have believed that. ed: the rights deals. lucas: with the ufc, people doubted him. he got disney to pay him a fortune. it inflated the value of ufc by billions. caroline: go into that element of trying to explain to investors what his business is about. he keeps turning to the idea that he is misunderstood. lucas: when endeavor first went public, they called

netflix is a great example.esla is not a great example of consumer issues related to that one company. the banks reported and were all good, so today technology has not really started because people are nervous about declining demand or supply, relations with china and so forth, but, i think the market wasn't present the upside, as it has all year. shery: tech was hit today but to be fair has been doing well considering the environment right? this chart showing how treasury yields have continued to rise, but tech has been pretty resilient, even against the broader s&p 500, so do you think this narrative and trend can continue, especially given all the hype around artificial intelligence as well? margie: i think artificial intelligence, i think we have to wait for the payoff at that, but i think we will continue to see good earnings growth from the companies, good control of expenses with maintenance of profit margins and i think in a world that is looking at slower moderate growth, i think it will still be a sec

. >>> and netflix with more subscriber growth and at what levels are expected?reak, we are looking at yesterday's s&p 500 winners and losers. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones i think i'm ready for this. letheck ya! with e*trade it. you're ready for anything. marriage. kids. college. kids moving back in after college. ♪ finally we can eat. ♪ you know you make me wanna...♪ and then we looked around and said, wait a minute, this isn't even our stroller! (laughing) you live with your parents, but you own a house in the metaverse? mhm. cool...i don't get it. here's to getting financially ready for anything! and here's to being single and ready to mingle. who's ready to cha-cha?! ♪ yeah, yeah ♪ >>> good morning. welcome back to "squawk box" live from the nasdaq market site in times square. the nasdaq is the upside leader with netflix following with the contributor to the early gains. the ten-year bond seemed to brush up against

netflix also raised the price of its basic and premium options.us, the uk and france, counting on committed viewers who hate ads. still, the quarter hasn't been without its challenges, like the ongoing actors strike here in america. netflix said it spent less on conflict —— content this year as a result of the market. in more news, tesla also reported results for the june to tesla also reported results for thejune to september quarter with both profit and revenue coming in below expectations. tesla said it has begun pilot production of the cyber track, with the first deliveries scheduled for november, but owner elon musk says he doesn't expect a significant cash flow from the much anticipated vehicle for some time. turning our attention to the other big story we have been tracking from here in the region, leaders from from the so—called global south a meeting in beijing this week to discuss president xijinping's ambitious belt and road initiative. 0ne ambitious belt and road initiative. one of the most recent projects is a high—speed railway in in

a lot to look forward to here from netflix. remain very much the market leader and what they say investors take note of. >> i think it is interesting if we go back to the prior earnings. i do remember the crackdown on password sharing which was relatively a positive experience for them because they managed to net gain subscribers. the second thing is the rollout of the advertising supported tier. to what extent are they set in the narrative for the streamers as well and how likely is it that streamers, if netflix raises prices on the tiers and how likely will others follow? >> disney is raising prices and i think most streamers want to raise prices. the problem is they are not sure where the pinch point is with subscriber resistance. how much is a big price rise and how much is material? consumers in most markets are rec re reticent on the price increases. netflix has the advantage of being the number one streaming service. everybody else dances to their tune. the general rule of thumb is most households, in better times, are w

plus more from our inaugural screen time event and hear from the ceos of netflix, youtube, and the head of the kardashian clan. first, a quick check in financial -- on financial markets. we are conscious of what is happening in the middle east, the focus of israel and hamas. nasdaq 100 down 1.3% on a weekly basis just on track for a weekly gain. its third successive weekly gain , longest run of weekly gains going back to early june. let's see if that is where the holds -- where that holds. u.s. 10 year yield 3.6 percent, as oil continues to climb. if you are in the tech sector, a lot of the conversation, oil and energy if we rise higher, what does that mean for inflation and what does that mean for the fed and what does that mean for technology sector. bitcoin around 27,000 u.s. dollars. how many times have i said that so far in recent weeks and months. the main story is what is happening in the middle east. i want to get to the latest developments in the israel hamas war. joining us from tel aviv is bloomberg correspondent oliver crook. let's be frank, a lot has happened this friday. o

netflix is taking a dip on two articles that i'm going to point out.reporting that the growth is the slowest in britain since they launched. and they replaced the ad sales chief jeremy gorman who had come over from snap, saying that turning netflix into an ad goliath is proving tougher than expected. also saying that as of june, netflix's ad sales and su describer numbers were half of what staffers predicted for 2023 internally. i just have to point out we will be hearing earnings from netflix net week. so a lot of focus, of course. we focus on that subscriber growth, even though they're trying to direct investors to focus more on profitability. >> it's interesting. i know we'll learn more from you next week. but it does seem that this subscriber growth from the ad tier especially, looks to be much, much slower than the company anticipated it might be. >> yeah. this idea that it's really hard to build an advertising engine, i think that's really what this comes down to. netflix has always been very careful to say we know this is a long gimame, we want

netflix, subscribers look good. lisa: they are cracking down on password sharing and people were worried that there would be those who simply canceled their subscription to netflix. it turns out that they didn't and that seems to be heralded. raising prices, yes there are headwinds, but the gain in chairs after the gains we've seen this year shows you how much more dynamism there is an these entertainment names. jonathan: elon musk is starting to sound a little like jamie dimon talking about storms. we are not going to sink, but even a great ship in a storm has challenges. tom: what are you going to do with your cyber truck on fifth avenue? jonathan: i knew this would happen. the numbers dropped yesterday. miss, miss, squirrel. the cyber truck gets delivered in november. can you imagine the damage done? tom: i don't get it. i am not a pro on this. by basic take is that it's an auto company and not a tech company. jonathan: more on this later. tesla down by 5% on the year, soaring by something by 100%. their stock is

netflix plans to roll out more new products in the months ahead.he next programme is commercial—free, made possible by such and such a brand." netflix also raised the price of its basic and premium options in the us, the uk and france, counting on committed viewers who hate adverts. still, the quarter hasn't been without its challenges, like the ongoing actors' strike here in america. netflix said it spent less on content this year as a result of the walk—out. ijust want i just want to take you back to events in the middle east, and you know we have been following a recent blast near a hospital in khan yunis. these are the latest pictures we have coming into us. you can see some of the evidence of that blast there in the centre. we should warn you that some of these appear to be quite distressing. we have looked at them, but it appears to be children, un aid workers, being taken into the hospital there. the smoke immediately after the blast, khan yunis in the south of the gaza strip. we will have our latest with our correspondence in the region sho

when you look at netflix, one of the biggest criticisms of netflix over the last several years has been their content spend. we know the writers and actors have been on strike. there was no content to buy. netflix's strategy over the past quarter was to utilize recycled content. they roll out suits. suits is a show that came out i believe in 2011. they rolled that out in the middle of 2023 and a it broke streaming records which goes to show that netflix has customers that are loyal enough to stick with them and binge watch something that's already 12 years old. that's pretty impressive. the password sharing has worked for them so far, kind of cracking down on that. obviously they're able to increase prices which means they have pricing power so kind of a tale of two different stocks. maria: what about overall earnings, though? i mean, look, we're looking at mortgage rates, looking at interest rates spike today. look at where the 10 year is. here's the 30 year mortgage at 7.7%. the 10 year and 30 year treasury yields hitting 16 year highs. we're looking at at yields move higher. i want t

so we continue to like netflix.ut it's what happens when expectations are super low for good assets. netflix is one of those. ashley: right. in this very volatile environment, there's a lot of headwinds, a lot of concerns out there for investors. is there any particular sector that you are honing in on? >> i'm not sure that there is any one sector. you know what i'm looking for in this environment is really good tactical plays. so i want to the find companies that have got improving fundamentals. and if their valuations are less than normal, less than average, then that's your setup. and that's where i think you are on meta, google and amazon, all three of which report next week. i particularly like the setup on amazon because it's sort of similar in my mind to netflix. expectations are low, and i think the core business is not as strong as it was a year ago, there was a lot of issues between the cloud business, but i think it has the ability to recover. revenue acceleration, margin expansion, when you find that com

the "wall street journal" is reporting that netflix will hike prices in the u.s. and canada as soon as the actors strike is resolved. streaming services are charging us about 25% more just this year for their services if you don't want to watch ads. cnn media reporter oliver darcy is here to explain this. oliver, why are we seeing these price hikes? >> reporter: according to the "wall street journal," netflix is planning to raise prices after the conclusion of the writers strike and the actors strike which is still ongoing and the studios are still trying to find a solution for that. that's likely because costs are going to go up. they're going to have to pay writers more money and actors more money, so passing along perhaps that price to the consumer might make some sense. the big overarching theme here is that wall street was at one point rewarding subscriptions at any cost. the name of the game in streaming was grow your subscription base, pay whatever, don't worry about profitability. that's changed in the last year or so. now there's a big push to be prof pro

i remember netflix used to be a cup of coffee per month, i just checked it yesterday, $23 for netflixmonths and next year when they raise and in the future, and in the future -- i'd buy that money to -- that stock if i had the money, but i don't, because i is are netflix. stuart: let's start with a company of which i own a very thin sliver, blackstone. lauren: sorry, down 5%. of world's largest private equity firm warning surging rates are hitting customers and will slow the economy. profit down 12%. deal making, lower e. real estate division, revenue down 88%, and they're raising less new investor money. stuart: my daughter asked for some investment advice, and i said put some money to blackstone. lauren: well, you can get it on the cheap. stuart: no, i think we've already are bought this thing, it's down 5%. at&t, they are up this morning 7%. lauren: that kind of quarter. they say their investments in 5g and fiber are paying off a. they raised their target for free cash flow, added more wireless phone subscribers in the quarter than anticipated. all good. stuart: tell me about the a

we have been getting some good news from netflix, good news for - news from netflix, good news for them last time i looked their shares had gone up some 10%, looked their shares had gone up some io%, how have they done this? yeah. 1096, how have they done this? yeah, i mean, it 1096, how have they done this? yeah, i mean. it is — 1096, how have they done this? yeah, i mean. it is an _ 1096, how have they done this? yeah, i mean, it is an astonishing _ 1096, how have they done this? yeah, i mean, it is an astonishing jump - 1096, how have they done this? yeah, i mean, it is an astonishing jump in i i mean, it is an astonishing jump in the share price, up 10% i mean, it is an astonishing jump in the share price, up io%just i mean, it is an astonishing jump in the share price, up 10% just this morning, and a lot of this has to do with subscribers. they have added more subscribers than shareholders had anticipated and what makes it so remarkable is, they have been engaged over the last six months or so in a crackdown on password sharing, and it is a risky strategy because if you start crack

there are two things benefiting netflix right now.efore the hollywood labor strikes, they had already reduce content cost. all of the streamers had. they are reducing volume and netflix was guilty of basically buying everything they possibly could and seeing what stuck on the wall. now there are lab -- they are a lot more focus on quality of content instead of the volume of content. the volume really just makes the user, it takes too long to find something they want to see and having the quality shows is what really is good for retention. their focus on quality and also focused far more on efficiency of content. using the global content that can cross regions, squid game was the first major one they saw how well that worked. now, with the strikes, they are looking at more licensed content, they have not used this strategy in a while. they have been doing exclusive content and original content, and recently they licensed suits. this is an old show and it did really well. and they are working with warner bros. discovery, unlicensed and

netflix reporting today. so much to monitor here.hat's impacted all of hollywood. netflix says there are good things ahead. >> we have ton of room to grow. we are pretty underpriced based on statistics. caroline: ted sarandos sat down with our very own bloomberg reporter. >> they have spent much of this year instituting some of their big new strategies, their advertising tear which has a lower-priced option in the crackdown on password sharing which amounts with a lot of questions. there has been some reporting that they will raise their based here again. i'm not sure about us what ted sarandos was getting out there when he was saying they were underpriced. whether they announced that after earnings remains to be seen. ed: that puts into perspective the ad supporting tear which will inform the decision on raising prices. there seems to be a micra focus on netflix ability to feed its ad supporting tear. >> we just went through the middle of advertiser week. one of the attic sex unveiled whose new features. the challenges that they don

heavyweights tesla, netflix report after the bell. we'll handicap that with you our top analysts on on the street ad our favorite stock-pickers. president biden heading home after the wartime visit in israel. tensions escalate after a bombing in gaza hospital. russia's vladmir putin touts a new world order with his quote dear friend president xi. gordon chang is here saying what the two leaders are saying is something we ought to be paying attention to no matter what else is in the news. all that and much more on "making money." ♪. charles: all right, so most people know me as a rose-colored glasses kind of guy. be honest with you it upsets a whole lot of people who say i'm a permabear. i admit i'm always bullish on america and looking for opportunities in the market. doesn't mean i'm always completely long. i say i am champing at the bit to become aggressive here however there are some reasons, i will share some with you, not necessarily order of importance but you heard us talk about this a lot on the show, seasonality worked like t

the film is the highest ranking african title on netflix today. and i am very pleased to be joined by the direct so off the black book. 80. see if you and i is joining us from legal. so it's really good to have you on the program. and you see everybody i know who's watched the black book has given me very good reviews. so it's really good to be talking to you about this. so don't you want to just start by telling us about the story behind the story line off the black book the service find the story or um, i think, i think the 1st thing i, i like saying to people about the black book, i get the story of family and the story of what people would do, you know, defining just as the family and, and just to think about that and the, the behind the scenes story is that we, i live in that country where we had this in 2020 we that had this big use uprising against police brutality, for example. and it's, it's, it's something that we, we also had to leave through as we are growing all of us kids of military dictatorships and nigeria. we heard stories. and i

is going up for some netflix subscribers. that is next.an add-on treatment for asthma driven by eosinophils. it's designed to target and remove them and helps prevent asthma attacks. fasenra is not for sudden breathing problems or other eosinophilic conditions. allergic reactions may occur. don't stop your asthma treatments without talking with your doctor. tell your doctor if your asthma worsens. headache and sore throat may occur. tell your doctor if you have a parasitic infection. get back to better breathing. ask your doctor about fasenra. when you need to prepare for unpredictable adventures... (gasp) you need weathertech. [hot dog splat.] laser measured floorliners front and rear. [drink slurp and splat.] (scream) seat protector to save the seats. [honk!] they're all yours! we're here! hey, i knew you were comin'... so i weatherteched the car! can we get ice cream? we can now. kid proof your vehicle with american made products at weathertech.com. feeling ughh from a backed up gut? miralax works naturally with the water in your body t

we begin with netflix raising its prices and cashing in. >> netflix exceeded expectations, adding nearly new paid subscribers in the last quarter. the company attributes the increase in part to its crackdown on password sharing. >> netflix has also raised its basic plan from 10 to $12, and its premium plan jumped to $23. other streamers could soon follow. and next, if you're a repeat snooze button user, no need to feel guilty. >> get this a new study found even as much as 30 minutes of hitting snooze again and again and again will not disturb your overall sleep cycle. they say there's a net benefit because it helps alleviate drowsiness. once you get up, workers are calling in sick more often, especially younger employees. >> the wall street journal says 30% of white collar workers have used sick days this year, up six inefficiently since pre-pandemic . fewer consider perfect attendance a badge of honor. next the tiny survivor in california. >> here's baby mars. she was born at a hospital in long beach weighing just over a pound. she was the youngest baby ever born at the hospital when mo

alix: we do not even get to netflix. netflix did some stuff.home sales are down for their lowest levels in 13 years. that is the story on the retail front, one about what is happening in the retail space? we are going to talk about --. this is bloomberg. ♪ x rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh get help reaching your goals with j.p. morgan wealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. nice footwork. ♪ man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it

streaming in — netflix signs up 9 million new subscribers as a crackdown on password sharing pays off nestle, as higher prices hurt consumers' pockets. welcome to world business report. i'm lukwesa burak. netflix shares have been surging after the streaming giant said it signed up almost nine million new subscribers in the past three months. that's way more than expected — and the best quarterlyjump since the early days of the pandemic when we were all stuck at home. so what's going on? it's mostly down to a crackdown on people sharing their passwords — and netflix is now putting up prices in several of its markets. michelle fleury has more. it has been less than six months since netflix started to crack down on password sharing and it appears to be working, because hit shows

jordani's show started on netflix 11 days ago. those involved in this anti-semitic film lied to the residents of the occupied territories the campaign to boycott netflix has started and similar reactions are still going on. we occupied tantore and arrested many arabs . we gathered them in the fence and killed them. how many people were killed? of course, we killed 27 to 280 people . there is no doubt. these are part of the confessions of the soldiers of the alexandrian army of the zionist regime about the assassination on the day of the disaster. if a group stood and raised their hands , they would all be slaughtered. how many people do you think you killed like this? i didn't count, i don't know for my life. i had a machine gun with 250 bullets. we made everyone stylish. i can't tell how many of these narratives teddy cutts collected 32 years ago. the study of tantore massacre was his university thesis. he recorded 14 hours of interviews and wrote 300 pages. ethnic cleansing this is what happened there. this is exactly what has b