Investing.com — Netflix reported upbeat guidance Thursday following third-quarter results that topped Wall Street expectations as the streaming giant added more subscribers than expected in quarter. Netflix Inc (NASDAQ:) was up 4% in afterhours following the results. Netflix earnings of $5.40 a share on revenue of $9.83B, topping estimates for earnings of $5.12 a share on revenue of $9.77M. The streaming giant added in 5.07M users in Q3, well above the 4.54M estimated, underpinned by a strong content slate during the quarter, with global streaming paid membership rising 14.4% to 282.72M ahead of its estimates of about 282.2M. The stronger-than-expected…
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Sibanye-Stillwater, the multinational mining and metals giant entangled in a major legal battle with Appian Capital Advisory. This case stems from a deal worth $1.2 billion that was abruptly terminated in January 2022. The ongoing proceedings, which are being heard in the High Court of England and Wales, revolve around the acquisition of two Brazilian mines: Santa Rita, a nickel mine, and Serrote, a copper mine. Notably, the former is one of the rare nickel sulfide mines that is still operating. It also produces copper, cobalt, and platinum group metals as by-products. Sibanye’s decision to withdraw from the deal has…
The A-29 Super Tucano, a relatively unknown aircraft until recently, has been quietly gaining traction among military aviators worldwide. Despite its relatively short history of just two decades, this Brazilian-made turboprop has proven its versatility in various roles, from attack missions to border patrol and training. Its impressive performance and affordability have made it a popular choice for air forces around the globe. Powered by a single Pratt & Whitney engine, the Super Tucano can reach speeds of up to 370 mph and has a range of over 800 miles. Its robust construction and advanced avionics make it a reliable…
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. For a limited time, Robinhood is offering bonuses to users who transfer investments to the app. From October 16 to 27, claim HOOD Week bonuses of up to 3% on transfers for Robinhood Gold subscribers. These bonuses are uncapped, and paid on everything from brokerage accounts to IRAs. Whether you simply put your money…
Netflix (NFLX) stock rose as much as 5% in after-hours trading Thursday as the streaming giant beat third quarter EPS and revenue estimates and projected sales for the current quarter that came in ahead of Wall Street’s expectations.Revenue beat Bloomberg consensus estimates of $9.78 billion to hit $9.83 billion in Q3, an increase of 15% compared to the same period last year, as the streamer continued to lean on revenue initiatives like its crackdown on password sharing and ad-supported tier, in addition to last year’s price hikes on certain subscription plans.Netflix guided to fourth quarter revenue of $10.13 billion, a…
BUFFALO, NY—William Zerella, the Chief Financial Officer of ACV Auctions Inc. (NASDAQ:ACVA), recently executed a significant stock sale. According to a recent SEC filing, Zerella sold 32,500 shares of Class A Common Stock on October 15, 2024, at an average price of $18.79 per share, totaling approximately $610,675. This transaction was conducted as part of a pre-established Rule 10b5-1 trading plan. In addition to the sale, Zerella engaged in several transactions involving stock options. He exercised options to acquire 25,000 shares of Class B Common Stock, which were converted into Class A Common Stock. These transactions, however, did not involve…
Citroen, a prominent French automaker, has made a splash at the 2024 Paris Motor Show with a revamped model range. The brand showcased several new and updated vehicles, including the all new C3 and C3 Aircross, the refreshed C4 and C4 X, and the futuristic C5 Aircross Concept. The show also featured the Ami with Amy Buggy Vision, a playful electric mobility solution. One of the highlights of Citroen’s presentation was the C5 Aircross Concept. This prototype offers a look into the brand’s vision for the next generation of compact crossover SUVs. Citroën Reveals All New C3 Aircross and Updated…
The American Forest Foundation (AFF) is set to launch a groundbreaking carbon auction in February 2025, focusing on carbon credits generated through its Family Forest Carbon Program (FFCP). This initiative aims to offer companies a streamlined and transparent process to purchase high-quality nature-based carbon credits. At the same time, it will also provide support for rural communities and family forest owners. Unlocking Nature’s Carbon Potential with Carbon Credits As more companies work towards reducing their carbon footprints, there’s a pressing need for upfront financing to implement nature-based carbon projects that meet global climate goals. Nature-based solutions, which leverage natural ecosystems…
Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow.The streamer’s ad-tier memberships jumped 35% quarter over quarter. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.Here’s what Netflix reported for the period ended Sept. 30:Earnings per share: $5.40, vs. $5.12 expected by LSEGRevenue: $9.83 billion, vs. $9.77 billion expected by LSEGPaid memberships: 282.7 million, vs. 282.15 million expected, according to StreetAccountNet income for the period was $2.36 billion, or $5.40 per share,…
Craving a modern, safety-focused SUV but yearning for the charm of a bygone era? One car owner wasn’t content with the choice between a timeless Suburban and a sophisticated Escalade. That’s where West Coast Customs (WCC) steps in the Californian powerhouse renowned for turning celebrity cars into jaw dropping masterpieces. Their latest creation? A head turning metamorphosis that seamlessly blends the essence of a classic Suburban with the opulent features of a contemporary Cadillac Escalade. Forget Hollywood special effects this is the magic of meticulous customization brought to life. West Coast Customs Transforms Classic Suburban into Cadillac Escalade with Modern…