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CNBC Squawk On The Street July 14, 2024 - Vimarsana News

CNBC Squawk On The Street July 14, 2024

Upsidedown shares tumbling on that big subs miss plus, tech in focus ibm and ebay beat estimates. S. A. P. Misses. Microsoft, crowd strike, chewy after the bill and the growing default risk for stocks lawmakers scrambling for a debt ceiling deal why the treasury secretary says dont be concerned obviously netflix is the lead today, tumbling in the premarket. Saw lower than expected international subadditions that news overshadowing a beat on Quarterly Earnings and revenue. Ceo Reed Hastings talked about the miss during last nights earning call this is one where we forecasted high. There was no ...

CNBC Squawk Alley July 14, 2024 - Vimarsana News

CNBC Squawk Alley July 14, 2024

We think investors are contemplating today. Netflixs ability to raise price in lieu of rising competition. You saw evaluated churn in this quarter from price increase, as well as its ongoing need to invest in content. The Company Called out their inability to mute their subscriber estimates based on what was seen to be a weaker content slate. So to ask that shows the need to continue to invest heavily in content. Do you think price hikes from here on out are just going to be too hard to do we dont think theyre too hard to do, but perhaps the magnitude we saw in that quarter wont be as large as...