Netflix shares plunge on weak forecast and subscriber reporting halt plan
Netflix’s shares plunged the most in two years after a bleak revenue forecast and a plan to halt subscriber number reporting by 2025 overshadowed an otherwise strong quarter.
All the latest product and investment news about the world’s biggest companies, including Apple, Google, Facebook, Amazon, Vodafone, Barclays, Deutshe Bank, Goldman Sachs, Tesla, and Netflix.
Netflix’s shares plunged the most in two years after a bleak revenue forecast and a plan to halt subscriber number reporting by 2025 overshadowed an otherwise strong quarter.
Tencent saw its shares surge, marking its largest rally since December, as it announced the earlier-than-expected debut of a new mobile game.
Bitcoin halving reduces mining rewards and may lead to increased reliance on transaction fees for miners’ revenue in the future
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