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Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.
Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida
On the day after the election, Nov. 6, X experienced its largest user exodus since Elon Musk bought the platform in 2022. NBC News spoke to six people who have joined or committed to using Threads and Bluesky in place of X after the election because of Musk. In the past five days, Wurtz said people she used to follow on X have started to trickle over to Threads. “I have a private personal account for friends and family and a public account for Taylor Swift, so nobody drowns in my Taylor Swift content,” Polo said. Currently, X users can go to the site’s settings and opt out.
Persons: Elon Musk, Don Lemon, Donald Trump, Musk, Kara Wurtz, Louis, ” Wurtz, , I’m, Wurtz, Wurtz isn’t, Adam Mosseri, Bluesky, , Mosseri, David Carr, X, Polo, Swifties, Taylor Swift, ” Polo, Elon, Rory Mir, ” Mir, José Vilson, “ I’m, ” Laura Sell, Sell, “ It’s, Micah Lee, Dr, Jorge Caballero, ” Caballero, it’s Organizations: Elon, Guardian, NBC, Trump, Twitter, NBC News, Bluesky, Electronic Frontier Foundation, Duke University Press Locations: Similarweb, United States, Canada, Bluesky
We've put together everything you need to know about where to watch St. Denis Medical, including live streaming and on-demand details. St. Denis Medical follows the administrative and medical employees at an underfunded hospital in Oregon. At the helm is sitcom mainstay Wendi McLendon-Covey, of Reno 9-1-1, and The Goldbergs fame, who plays the executive director of St. Denis Medical. At $8/month, the plan will let you watch episodes of St. Denis Medical with ads the day after they air. Check price at ExpressVPNSt. Denis Medical trailerNBC dropped an official trailer for St. Denis Medical in mid-August.
Persons: We've, Denis Medical, Wendi McLendon, Covey, Allison Tolman, Kaliko Kauahi, Josh Lawson, David Alan Grier, Mekki Leeper, Kahyun Kim, Justin Spitzer, Eric Ledgin, Spitzer, Ledgin, you've, we'll, Peacock, Fubo, ExpressVPN, Denis Organizations: Business, NBC, American Auto, Parks, Recreation, St, Peacock, DirecTV, MSNBC, Warner Bros, DirecTV Stream, ExpressVPN St, Denis Medical Locations: Oregon, Reno, America, Peacock's, USA, ExpressVPN
Days before the election, Polymarket odds showed Trump had a 60% chance of winning. The electorate took notice: Kalshi and Polymarket soared to the top of Apple's App Store on Tuesday evening. Advertisement"Last night, Kalshi showed how prediction markets can decisively outperform polls and traditional media," Kalshi posted on X. And can the prediction markets ride their momentum now that the election's over? Prediction markets are "going to attract people who want to influence public perception," Broughel says.
Persons: Nate Silver, Kamala Harris, Donald Trump, Polymarket, Trump, Kalshi, Shayne Coplan, Coplan, Elon Musk, Taylor Swift, Travis Kelce, Robinhood, There's, Xavier Sottile, Bettors, Sottile, Robert F, Kennedy Jr, he'll, John F, Kennedy, Koleman Strumpf, Strumpf, Broughel, James Broughel, Israel —, — Polymarket, who've Organizations: Trump, CNBC, MIT, Victoria University, Wake Forest University, RFK Jr, Competitive Enterprise Institute, Wall Street Journal, Twitter, New York Times Locations: New Zealand, Kalshi, Ukraine, Iran
Spotify shares pop on better-than-expected profit forecast
  + stars: | 2024-11-12 | by ( Cj Haddad | ) www.cnbc.com   time to read: +1 min
The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023. Spotify shares rose in extended trading Tuesday after the Swedish music streaming company issued a profit forecast for the fourth quarter that topped estimates. Spotify said operating income in the fourth quarter will come in at 481 million euros, exceeding the average analyst estimate of 432.7 million euros, according to StreetAccount. The company said sales will reach 4.1 billion euros, below the average analyst estimate of 4.26 billion euros, according to LSEG. Spotify shares rose about 8% after the report to $452.35 after rising 2.2% in regular trading.
Persons: MAUs Organizations: New York Stock Exchange, Spotify, LSEG Revenue, LSEG, StreetAccount Locations: Swedish
Netflix's cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than 50% of its new sign-ups are for ad-supported plans in countries that offer the option. When Netflix launched its ad platform two years ago, the company said Nielsen would rate its content. Netflix offered its last update on its ad-supported tier in May, when it said it reached 40 million global monthly active users, nearly doubling the figure it had shared in January. Netflix also announced in May it would launch its own advertising platform, ending a partnership with Microsoft for that technology.
Persons: Nielsen, it's Organizations: Netflix, Wall, May, National Football League, FanDuel, Verizon, Media, Microsoft Locations: Madrid, Upfronts, Canada, U.S
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Organizations: Business
We recommend letting bitcoin digest its strong gains of late in a short-term consolidation phase before adding exposure. —Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein.
Persons: bitcoin, Katie Stockton Organizations: Trump, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: bitcoin
Streaming video services are seeing more customers hitting "pause," The Wall Street Journal reports. The Journal examined subscription data from analytics firm Antenna to see the pattern of people quitting Netflix, Apple TV+, Disney+, Hulu, Max, Amazon Prime Video, and others. The average rate of U.S. customer cancellations among premium streaming video services reached 5.2% in August, but after factoring in re-subscribers, the rate of defections was lower at 3.5%. Meanwhile, last month, the Federal Trade Commission finalized a "click to cancel" rule that is supposed to make it easier for customers to cancel online subscriptions. In them, he's dancing shirtless to an audio meme to promote his FX show, "English Teacher," which streams on Hulu.
Persons: I'm, , Brian Jordan Organizations: Street, Hulu —, Service, Netflix, Apple, Max, Amazon Prime, Federal Trade Commission Locations: Hulu
We've compiled everything you need to know about where to watch Eagles vs. Cowboys live streams, including global watch options. Where to watch Eagles vs. Cowboys in the USThe Eagles vs. Cowboys game will air on CBS in the US. The UK has most games through DAZN, although it doesn't appear to be the case for today's Eagles vs. Cowboys game. Check price at DAZNHow to watch Eagles vs. Cowboys from anywhereYou can still watch the Eagles vs. Cowboys game while traveling away from home by utilizing a virtual private network. Check price at ExpressVPNHow to watch Eagles vs. Cowboys with a VPNSign up for a VPN if you don't have one.
Persons: you've, we'll, ExpressVPN Organizations: Business, Philadelphia Eagles, Dallas Cowboys, Eagles, Cowboys, NFC, NFC East, Philly, NFL, . Cowboys, CBS, Paramount, DirecTV, Showtime, Nickelodeon, Comedy Central, BET, MTV, NBC, FOX, ABC, ESPN, DirecTV Stream, today's Eagles Locations: Texas, Dallas, Canada, DAZN, United States, China
The game is only available through one streaming service, which we'll break down below, along with everything else you need to know when it comes to where to watch Washington vs. Penn State. The annual White Out game, a home game wherein Penn State fans wear white, has been a solid bet for the team in recent years. Penn State has won their last five White Out games, including last year's Illinois game, which ended in a 21-7 victory. ETHow to watch Washington vs. Penn State in the USThe Washington vs. Penn State game will exclusively live stream on Peacock in the United States. Check price at ExpressVPNHow to watch Washington vs. Penn State with a VPNSign up for a VPN if you don't have one.
Persons: ExpressVPN, Peacock Organizations: Business, Washington Huskies, Washington, Penn State, The Nittany Lions, Ohio State, Huskies, Penn, NBC, . College Locations: Illinois, Washington, United States, Penn State
Keep reading to learn where to watch Inter Miami vs. Atlanta United from anywhere. Where to watch Inter Miami vs. Atlanta United in the USIf you've streamed any matches so far, your watch options haven't changed. The Inter Miami vs. Atlanta United game will live stream through the MLS Season Pass in the US, which costs $9.99 for the rest of the postseason. Apple TV Plus (Monthly Plan) Apple TV Plus has a limited lineup, but it's less expensive than other ad-free services and offers a growing selection of critically acclaimed series you can't stream anywhere else. How to watch Inter Miami vs. Atlanta United from anywhereFortunately, there's a pretty good chance that Apple TV Plus or the MLS Season Pass are available in your country, so you should be able to live stream the Inter Miami vs. Atlanta United game from most regions.
Persons: we've, there's, ExpressVPN Organizations: Business, Inter Miami, Atlanta United, MLS, Conference Semifinals, Apple TV, Apple, Canada Locations: Florida
Keep reading to learn where to watch college basketball, including which live streaming services will allow you to watch the most games. Check price at DirecTVHulu + Live TVHulu + Live TV is another popular live TV streaming package that includes ESPN Plus, Disney Plus, and on-demand Hulu in addition to its lineup of live channels. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Check price at Peacock TVHow to watch college basketball from anywhereCollege basketball fans traveling outside of the US might have a hard time finding watch options while abroad. Check price at ExpressVPNHow to watch college basketball with a VPNSign up for a VPN if you don't have one.
Persons: Paige Bueckers, Azzi Fudd, UConn's, Donovan Clingan, we've, There's, Hulu's, Peacock, VPNs, They're, ExpressVPN Organizations: Business, UConn, South Carolina, UConn women's, Iowa, Huskies, NBA, Portland Trail Blazers, ESPN Plus, SEC Network, ACC Network, ESPN2, ESPN, ESPN3, ESPNU, CBS, CBS Sports Network, NBC, FOX, TNT, Big Ten, ABC, Sling, DirecTV, Hulu, MLB, NHL, NFL, UFC, Disney Plus, SEC, ACC Networks, Sling TV, Sling Orange, Sports, DirecTV Stream, DirecTV Hulu, College Locations: Carolina, FS2
Now in Walmart aisles: a Skibidi Toilet action figure — a $45 mystery toilet bowl. For $44.95, I could be the proud owner of the Skibidi Toilet — complete with toilet-themed toys in the bowl. The Skibidi Toilet is marketed as a "mystery surprise toilet" by Bonkers Toys. AdvertisementThe original Skibidi Toilet was the creation of animator Alexey Gerasimov, who made it for his YouTube channel DaFuq! He said the Skibidi Toilet was outselling LankyBox by around double.
Persons: Bonkers, , you've, Lindsay Dodgson, Dan Meyer, Meyer, it's, Blake Droesch, Emarketer, Alexey Gerasimov, Gerasimov, Adam Goodman, DreamWorks SKG, Goodman, Logan Paul, KSI, they've Organizations: Service, Walmart, YouTube, Bonkers, DreamWorks, Paramount Pictures Locations: San Diego, discounters, Santa
Making money as an influencer has changed a lot in 10 years, with multiple potential income streams. Ten years ago, one estimate from the influencer marketing agency Billion Dollar Boy placed the industry's value at just $200 million. Making money as an influencer has changed a lot since then, both in terms of how much individual creators can make and how. Related storiesLiam Parkinson, the cofounder of Inflverse, a financial management platform for creator agencies, made a name for himself as a content creator on YouTube. AdvertisementThere's also a push for authenticity in creator marketing, with audiences getting tired of relentless ads.
Persons: , It's, Nirozen Thav, Liam Parkinson, Parkinson, Katya Varbanova, Varbanova, Jacob Lucas, Lucas, Savannah Britt, Britt, There's, Dominic Smales, isn't, Logan Paul Organizations: Forbes, Service, YouTube, BI, Brittprint Agency, Brands, Gleam Futures, GloMotion Studios, Inflverse, D'Amelio Locations: Feastables
In the final weeks of the campaign, Trump kept supporters at a Michigan rally waiting for hours after he detoured to Texas to record Rogan’s show. And then many of them suddenly found themselves running Harris’ campaign. “This has been an historic partnership in which these teams have worked together extraordinarily well,” said a White House official who has been there from the beginning. “Not enough people understand the importance of that,” a Trump campaign official said of the Kennedy nod. It was the first energizing move that the campaign had since the switch-out.”A Democrat close to the Harris campaign said: “Brat summer had to end.
Persons: Barron Trump, Alex Bruesewitz, Trump, , Andrew Schulz, Theo Von, Mark Calaway, Joe Rogan, detoured, Harris, , Rogan, Harris ’, I’d, Ro Khanna, Biden, , Jesse Ferguson, Jen O’Malley Dillon, Obama, David Plouffe, Stephanie Cutter, Mark Cuban, Liz Cheney, Joe Biden’s, ‘ He’s, Ezra Levin, Trump’s, Robert Hur, indignantly, “ Nobody, ” Harris, Shuran Huang, Sen, JD Vance, Ohio, ’ ”, Joe Biden, “ Joe Biden, ” Biden, , Robert F, Kennedy Jr, jolt Trump, Tulsi Gabbard, Elon Musk, Kennedy, Biden’s, Word Organizations: Harris, Democratic, Trump Republicans, Trump, “ Staff, Democrat, Biden, DNC, White, Howard University, NBC News Biden, White House, RFK, McDonalds Locations: Michigan, Texas, , Pennsylvania,
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. The "Trump trade" and how the Federal Reserve could impact the trend was top of mind for investors Thursday. Also, Wedbush's Dan Ives and Alex Fishman of Empros Capital share their outlook on tech under a second Trump administration. Fishman said the Trump administration benefits all private tech company valuations, but especially the names in what he calls the "Musk-economy," including Neuralink and the xAI.
Persons: Trump, Wedbush's Dan Ives, Alex Fishman, Victoria Fernandez, Crossmark, Fernandez, financials, Anna Paglia, Paglia, Trump Dan Ives, Ives, " Fishman, Elon, Fishman, Crossmark's Fernandez Organizations: PRO, Worldwide, Federal, Empros, State Street Global Advisors, Trump Administration, P Bank ETF, Tech, Trump, Exchange, Qualcomm Locations: Wedbush, Palantir, United States
The stock had popped 5.9% on Wednesday after the Republican was elected the 47th president of the U.S. Warner Bros. Lyft expects current-quarter bookings to come in between $4.28 billion to $4.35 billion, topping a FactSet consensus of $4.23 billion. Wolfspeed posted revenue of $195 million for the first fiscal quarter, missing the LSEG consensus forecast by $5 million. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. AppLovin also guided its fourth-quarter EBITDA of $740 million to $760 million, higher than the $667 million StreetAccount forecast.
Persons: LSEG, Donald Trump's, Armour, , Lyft, Wolfspeed, AppLovin, Zillow, Alex Harring, Sean Conlon, Hakyung Kim, Yun Li, Lisa Kailai Han Organizations: Bros, Dutch Bros, Trump Media & Technology, Republican, U.S, Warner Bros, , Discovery, FactSet . Arm Holdings, LSEG, Gilead Sciences Locations: Gilead
Duolingo's Wednesday earnings call started with an AI chatbot demonstration. The chatbot, Lily, summarized the company's performance this quarter. The purple-haired chatbot, which sounded like a bored, sarcastic teenager, replaced CEO Luis von Ahn at the beginning of the video call. "Our new Duolingo Max feature video call lets learners chat with me," the chatbot said. AdvertisementWhile Lily was largely a gimmick for the earnings call, the impact of AI has been a persistent theme in earnings this year.
Persons: Lily, Duolingo, , Luis von Ahn, Von Ahn, OpenAI's, Piper Sandler's Arvind Ramnani, Gen, didn't Organizations: Service, Meta, Microsoft
Lyft expects bookings in the current quarter of $4.28 billion to $4.35 billion, while analysts polled by FactSet expected $4.23 billion. SolarEdge — The solar panel inverter stock slipped more than 16% after a third-quarter revenue miss. SolarEdge reported revenue of $261 million, while analysts surveyed by LSEG were looking for $269 million. Third-quarter revenue surpassed Wall Street estimates, and the company expects fourth-quarter revenue of $256 million to $262 million, compared with an estimate of $260 million. Moderna — Shares rallied 7% after Moderna's third-quarter earnings and revenue topped expectations.
Persons: FactSet, SolarEdge, , Zillow, Gilead, LSEG, Armour, Hershey, Samantha Subin, Hakyung Kim, Sarah Min Organizations: Arm, Wall, LSEG, FactSet, , Qualcomm, Gilead Sciences, Hershey Locations: Gilead
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Adjusted EBITDA for the segment was $289 million, an increase of $178 million compared to last year.
Persons: Max, Barbie Organizations: Warner Bros, Discovery
Discovery says it will beef up ads on its Max streaming service. Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Discovery's Max streaming service. The newest player in streaming ads, Amazon, recently said it would increase its ad load in Prime Video after rolling out ads to the service in January. Rival Netflix, by comparison, added 5.1 million subscriptions in its most recent quarter and now has 282.7 million subscribers in total.
Persons: Max, , WBD, JB Perrette, Perrette, Jennifer Halloran Max, we're, David Zaslav, Jon Steinlauf, who's Organizations: Warner Bros, Service, Boston Red Sox, HBO, Media, DC, Paramount, Pluto, Nielsen, Netflix Locations: Max
His remarks follow the decision by the Washington Post, which Bezos owns, not to endorse a candidate. AdvertisementJeff Bezos congratulated Donald Trump on his reelection less than two weeks after his newspaper's decision not to endorse a candidate in the race. AdvertisementThe Washington Post endorsed Barack Obama in 2008 and 2012, Hillary Clinton in 2016, and Joe Biden in 2020. While campaigning for the 2016 presidential election, Trump said Amazon would have "problems" if he became president. AdvertisementTrump has criticized the Washington Post as "lobbyist" and called Bezos "Jeff Bozo" in 2019.
Persons: Jeff Bezos, Donald Trump, Bezos, , Trump, William Lewis, Lewis, Kamala Harris, David Hoffman, Molly Roberts, Mili Mitra, Robert Kagan, Michele Norris, Danielle Allen, Barack Obama, Hillary Clinton, Joe Biden, Dave Limp, Megan Mitchell —, Limp, Jeff Bozo Organizations: Washington Post, Service, Washington, Trump, Associated Press Locations: America
After playing to the coasts, Hollywood is leaning toward faith and family-based shows and films. The Prime Video series will be the first to come out of Amazon's deal with The Wonder Project, a Christian-focused production company, for faith-based films and TV shows. After playing to the coasts with shows that embraced progressive themes, Hollywood is leaning into broadly appealing fare. That shift has included a combination of undeniably faith-based, conservative-themed, and family-aimed entertainment, agents, producers, and industry experts say. "Conservative, faith-based, family, is not a bad place to look," Thompson said.
Persons: , David, Vernon Sanders, Jennifer Salke, Nick Barnes, UTA's, Kevin Costner, Bob Iger, Tyler Perry, DeVon Franklin, Ruth, Boaz, Mary, Anthony Hopkins, Tim McGraw, Jim Caviezel, Jesus, Dallas Jenkins, Jon Erwin, UTA's Barnes, Jesus of Nazareth, Angel, Robert Thompson, Thompson, Hilary Swank, Jamie McCarthy, That's, Jason Blum, Taylor Sheridan, Barnes Organizations: Netflix, Service, Amazon MGM Studios, Paramount, Heartland, Disney, Angel, Angel Studios, Wonder, Networks, Cable, Syracuse University's Newhouse School of Public Communications, Center for Television, Popular, Conservative, York, Kingdom, Co, Lionsgate, UTA, Ampere Locations: Hollywood, UTA's Nashville, Los Angeles, American, California, America, Yellowstone, Georgia , Texas, Tennessee
"Sweet Bobby: My Catfish Nightmare" is the latest true crime documentary to hook Netflix viewers. Advertisement"Sweet Bobby: My Catfish Nightmare" is the latest internet scammer documentary to grab the attention of Netflix viewers. But within that genre, internet-focused crime documentaries are thriving on the streamer. AdvertisementIn 2022 Netflix's "The Tinder Swindler" became one of the streamer's most-watched documentaries, sparking memes and raising awareness of dating app scams. Here are seven internet-focused true crime shows and documentaries to watch after "Sweet Bobby: My Catfish Nightmare."
Persons: Bobby, , Jeffrey Dahmer Organizations: Netflix, Service
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