Netflix beats on Q3 earnings, misses on subscribers
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Emily McCormick break down Netflix’s Q3 earnings report.
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Emily McCormick break down Netflix’s Q3 earnings report.
The US national debt is set to surpass $35 trillion in the coming months, but weeks can go by on the presidential campaign trail without the topic coming up.
Oil has been on a downward trend since April. Falling stockpiles reversed earlier morning losses Wednesday.
President Joe Biden is touting a new Microsoft AI data center at the same spot in Wisconsin where a project promised by Trump was never built.
President Joe Biden will travel to Racine, Wisconsin, to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center.
Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the U.S. economy needs to cool off as an avenue toward getting inflation back to the central bank’s 2% target. “A slowdown in activity will be needed to ensure that demand is better aligned with supply for inflation to return durably” to the official target, Collins said in remarks to be delivered at a Massachusetts Institute of Technology event. For now, when it comes to monetary policy, “the recent upward surprises to activity and inflation suggest the likely need to keep policy at its current level until we have greater confidence that inflation is moving sustainably toward 2%,” she said.
Israeli bombardment of south Lebanon in seven months of cross-border hostilities with Hezbollah has caused more than $1.5 billion in damage, a Lebanese official said on Wednesday.The cross-border violence has killed at least 390 people in Lebanon, mostly militants but also including more than 70 civilians, according to an AFP tally.
Families of the victims of last week's bomb attacks on two camps of displaced people in eastern Congo gathered to mourn their loved ones at a ceremony on Monday evening. During the ceremony in the city of Goma in the North Kivu Province, mourners sang and lit candles in tribute to the deceased. The bombings at the Mugunga and Lac Vert displacement camps killed at least 18 people and injured another 32, according to the United Nations.
Boston Fed president Susan Collins said Wednesday it will take longer 'than previously thought' to bring inflation down, becoming the latest policymaker to make it clear rates need to stay at their current levels.
The U.S. paused a shipment of bombs to Israel last week over concerns that the country was approaching a decision on launching a full-scale assault on the southern Gaza city of Rafah against the wishes of the U.S., Defense Secretary Lloyd Austin said Wednesday. The focus of U.S. concern was the larger explosives and how they could be used in a dense urban setting like Rafa where more than 1 million civilians are sheltering after evacuating other parts of Gaza amid Israel’s war on Hamas, which came after the militant group’s deadly attack on Israel on Oct. 7. Austin confirmed the weapons delay, telling the Senate Appropriations Defense subcommittee that the U.S. paused “one shipment of high payload munitions.”
Ukraine on Wednesday said it was limiting power supplies across the country and warned of possible blackouts after a "massive" wave of Russian missiles and drones targeted the country's battered energy system.The intensified strikes on Ukraine's energy infrastructure triggered fresh warnings of blackouts as state power operator Ukrenergo said it was limiting supplies.
The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday.Qualcomm confirmed Wednesday that the Commerce Department "revoked certain export licenses for Huawei in our industry, including one of our licenses."
Known as the presidential prognosticator, this American University professor has a strong record of predicting who might win the White House.
Gov. Ron Desantis barring breaks in one of the hottest states took some local officials aback, and infuriated outdoor workers and advocates.
All dogs coming into the U.S. from other countries must be at least 6 months old and microchipped to help prevent the spread of rabies, according to new government rules published Wednesday. The new rules require vaccination for dogs that have been in countries where rabies is common. The update applies to dogs brought in by breeders or rescue groups as well as pets traveling with their U.S. owners.
European Union nations reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc. The agreement among the 27 EU ambassadors was announced by Belgium, which holds most of the frozen assets in the bloc. It came after weeks of tough negotiations among member states, which were made more complicated by the stringent financial limits on using such funds.
The claim comes from a 2012 deposition during divorce proceedings.
A Berlin senator was attacked while visiting a local library on Tuesday, amid what appears to be an increasing trend of violence against politicians in Germany.
A tuberculosis outbreak in Long Beach, California, led the city to declare a public health emergency. It comes amid a national rise in tuberculosis cases.
Kosovo's foreign minister said Wednesday that her country is convinced that Russia must lose the war in Ukraine for conflict not to spread further in Europe. Donika Gërvalla-Schwarz, who is both foreign minister and deputy prime minister, said her small Balkan nation, which declared its independence from Serbia in 2008, is constantly reminded of the aggressive intentions of both Serbia and its ally Russia.
Tripadvisor first disclosed in February that Liberty TripAdvisor Holdings, its controlling shareholder, had been approached by at least one bidder for its controlling stake in the travel agency. A special committee formed to explore options, including a potential sale, has determined there is no transaction with a third party that is in the best interests of the company at this time, Tripadvisor said on Wednesday. Tripadvisor reported a first-quarter loss of 43 cents per share on Wednesday, while analysts on average expected a profit of 2 cents, according to LSEG data.