From Yahoo Finance: 2025-04-17 11:04:00

Netflix is set to report first quarter earnings as one of the best-positioned Big Tech names amid market volatility. The stock has risen 8% this year, outperforming larger tech peers. The company no longer reports subscriber numbers, focusing on driving engagement and growth. Wall Street expects the first quarter to be strong.

In 2024, Netflix had a record-breaking year with revenue growth of 16% and added 41 million global subscribers. Password-sharing crackdowns aided subscriber figures, and price hikes were implemented this year. Sports and live events have become key content, with analysts projecting a positive outlook for the company. Wall Street analysts have a median price target of $1,085 per share. 1. The stock market saw a significant drop today with the Dow Jones Industrial Average falling by 500 points, marking the biggest one-day decline in over a month. This was attributed to concerns over rising inflation and interest rates.

2. A new study released by the CDC revealed that the number of COVID-19 cases in the US has decreased by 30% in the past week. This is a promising sign that the pandemic may be slowing down as vaccination rates continue to climb.

3. The latest unemployment report showed that the jobless rate has dropped to 5.8%, the lowest it has been since the start of the pandemic. This is a positive indicator of the economic recovery as more businesses continue to reopen and hire workers.

4. Tesla announced plans to build a new Gigafactory in Texas, which is expected to create over 10,000 jobs in the area. The electric vehicle company aims to increase production capacity to meet growing demand for their vehicles.

5. In international news, tensions between Russia and Ukraine have escalated with reports of increased military activity along the border. The US and European Union have expressed concern over the situation and called for a peaceful resolution to the conflict.



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