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Tech giants are pouring trillions into AI infrastructure, but is it actually growing the global economic pie?
Netflix's 16% drop masks strong Q1 growth, rising ad momentum, and a robust content slate, suggesting the long-term story remains firmly intact.
Netflix is calling Texas Attorney General Ken Paxton's lawsuit accusing the company of spying on children "meritless" and is preparing to fight it.
Texas Attorney General Ken Paxton has filed a lawsuit against Netflix (NasdaqGS:NFLX). The suit accuses Netflix of illegally collecting data on children and designing its platform to be addictive. Allegations include misrepresenting data practices, unlawful surveillance of users, and prioritizing behavioral data monetization. The case seeks penalties, state-level restrictions, and a permanent injunction on certain user data practices. For investors watching Netflix as a large subscription...
WBD's Q1 loss widens on merger and restructuring costs, even as streaming subscribers topped 140M and Studios revenue surged.
The S&P 500 (^GSPC) punched to a fresh record Wednesday, with the broader market index now perched above 7,300. With a 7.6% YTD gain in the S&P 500 (^GSPC), bulls are back in control, citing a roughly 15% rally off the March low as AI earnings, easing Iran tensions, and softer crude combine to push ... S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism