Netflix Inc. surpassed expectations in its first-quarter earnings, reporting $9.4 billion in revenue and a profit per share of $5.28. Despite this, the company’s stock experienced volatility, opening 7% lower and closing down 9%. This follows a 31% surge in the stock’s value following the earnings announcement. The company’s subscriber base also grew, adding 9.3 million paid net subscribers, resulting in a total of 270 million global subscribers. The demand in the U.S. and Canada remained strong, with an increase of 2.53 million subscribers. Investors are closely monitoring Netflix’s stock as it approaches the $500 support level, a crucial milestone and 2023’s high point.
Results for: Top
Phio Pharmaceuticals Corp (PHIO) is experiencing a surge in stock price following the announcement of new data on its lead clinical product candidate, PH-762. PH-762, an INTASYL compound, has shown promising results in preclinical studies, indicating its potential as a neoadjuvant therapy for treating cutaneous squamous cell carcinoma, melanoma, and Merkel cell carcinoma.
The Canadian dollar (CAD) has been on a four-day winning streak, but this recovery follows a steep decline in the previous four days. Despite ongoing concerns about interest rate cuts, the currency has benefited from the following factors: A government hike in capital gains taxes, which eased fears of more severe corporate or windfall taxes, and a recovery in the housing market. While the rebound is notable, it may not be significant in the long term as the Bank of Canada (BOC) is expected to cut rates more than the Federal Reserve (Fed). The outlook for CAD may remain favorable due to potential global soft landing and upside risks in China. However, analysts advise caution and suggest buying USD/CAD near 1.36.
Singer and songwriter John Legend has labeled former President Donald Trump a ‘tried and true, dyed-in-the-wool racist’ in a recent interview. According to Legend, Trump has a long history of making racist comments and actions, including refusing to rent apartments to Black tenants early in his career. Legend also criticized Trump’s comments on the criminal justice system, arguing that it is two-tiered, with Trump as the beneficiary.
The latest Billboard Hot 100 chart welcomes a new top hit, with Hozier’s ‘Too Sweet’ dethroning Future, Metro Boomin, and Kendrick Lamar’s ‘Like That.’ Sabrina Carpenter celebrates her first top-10 single with ‘Espresso,’ while Noah Kahan and SZA make notable climbs.
Cirque offers captivating shows and highly skilled performers for various events such as parties, weddings, birthdays, and festivals. Julie You and Mack Graham, experienced aerialists and founders of Cirque, share their passion for providing a platform for performers and fostering a sense of community.
LSU’s gymnastics team, including star athlete Olivia Dunne, secured their first national championship title at the NCAA Championships. Led by Haleigh Bryant and Aleah Finnegan’s impressive performances, the team narrowly defeated California for the victory. Head coach Jay Clark praised the intensity and determination displayed by all competing teams. Dunne, reflecting on her collegiate career, expressed gratitude for the memories and hinted at a possible future near the ocean. Her boyfriend, MLB prospect Paul Skenes, shared his support on social media, acknowledging the challenges and understanding Dunne faces as a student-athlete.
Former ‘America’s Next Top Model’ winner India Gants has shared details about the intense secrecy surrounding the show’s finales. According to Gants, creator Tyra Banks warned that revealing the outcome before the airdate would result in reshooting and a different winner.
Shoppers on Amazon have discovered a £3 lavender oil from Freshskin Beauty that has transformed their sleep routines. Lavender oil has been known for centuries for its calming effects, which can help reduce racing thoughts and improve sleep quality. Research shows that lavender oil can boost slow-wave sleep, important for memory and immune function. Freshskin Beauty’s Essential Lavender Oil has received rave reviews on Amazon, with customers reporting that it helps them fall asleep faster and improves the quality of their sleep.
Senator Joe Manchin (D-W.Va.) has endorsed Wheeling Mayor Glenn Elliott (D) for the U.S. Senate seat that Manchin will vacate after retiring. Manchin praised Elliott’s determination and commitment to West Virginia, saying he would fight for jobs, economic growth, and a better life for the people of the state. The Senate race is expected to be a Republican pick-up opportunity, but Elliott expressed optimism based on Manchin’s encouragement.