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that is indicative of the netflix investment strategy and the netflix growth strategy. i would imagine there is in fact still a fair amount of growth in those regions. there clearly is not much growth in the u.s. and canada it is a stable streaming service in both countries and maybe maxed out which i think is telling to where the other streaming services are headed. still more in their infancy a year or two old at this point and trying to gain the subscribers. perhaps 74 million until u.s., canada where netflix is now is the ceiling. >> alex, it is interesting to make a comment that during the facebook outage they saw a significant jump in engagement on their platte form and interesting from a netflix viewpoint. facebook is probably pasting it across the defenses on an anti-trust level showing that they're rivals even if one is meant to be social media and one is tv and movies. >> yeah. netflix hasn't been caught in the uts big tech regulatory crackdown. but even netflix threw in a line in the shareholder letter basically as a reminder saying we are quite small and com

>> the beauty of netflix is it has something for everybody. it's not targeted at any one demographic. it has so much content, that it fits an entire household disney's a great product it's a little different in that regard than netflix. some of the subscribers disney got early on, were related to third-party relationships it had. disney's a different animal than netflix and will be successful in it's own right. but netflix's broad-base sd content and essentially replacing tv in many ways. and netflix has the opportunity to have "squid game" and more "squid games." that doesn't work for disney they're a big budget player. >> and talking about what he called off netflix aspects i assume he's referring to gaming he says a company like disney is ahead of us but boy are we making progress. do they want to see netflix get more expansive, rather than the core business we know? >> yes, they do. consumer products is an easy add on disney probably has a hundred million dollars. just look at the success of some of the "squid game" knock off. and in terms

it is not, netflix has that. how do they maintain that advantage? you have to move them to where younger d remos are netflix engagement in terms of time spent went from about four times disney to about six times disney in the quarter. they are growing that advantage. understanding that younger group and thousand skew it -- how to skew it. they are explicit they are not going to have incremal subscriptions, but i think it will allow then to raise price over time. on average their rate went up 7% worldwide in the quarter and disney declined 25%. there is a lot to look at relative to how they are managing this model. >> tom, always great to see you. thank you so much. dan nathan, what will you listen for in this presentation questions are already sent in. what are you listening for >> he brought up gaming. and that it was not disney and the like i think tom brought up their success in movies. we think back to 2019, they had "the irishman" with all of the favorites directing, scorsese, and it was kind of a bomb. then they get this one from south korea a

the one that i delved into deepest was netflix. the saudis made a big deal with netflix. now, it should be said that unlike what jim was talking about, these are us companies going out and looking for growth markets, and a lot of them are kind of tapped out in the west. we think of netflix being a booming company but its growth is really, really slowing, and where are you going to get millions and millions of well—funded young people to sign on to your service? it's going to be in countries like saudi arabia where two thirds of the country is younger than 30, they have money to spend, they are looking for entertainment, they are hungry for it, and as many of the saudis that i spoke to said, we binge watch all the kind of same tv as you do. we just do it online. but why does that mean the saudis want to invest in netflix? i can see why netflix might want to reach saudi. that was actually the direction it went. what saudi is investing in are other kinds of media companies. they have invested hugely in disney, in amc movie theatres, there wasn't a movie theatre in saudi ar

deepest was a netflix. the saudis made a big deal with netflix. now, it should be said that unlike — with netflix. now, it should be said that unlike whatjim with netflix. now, it should be said that unlike what jim was talking about, — that unlike what jim was talking about, these are us companies going out and _ about, these are us companies going out and looking for growth markets, and a _ out and looking for growth markets, and a lot _ out and looking for growth markets, and a lot of— out and looking for growth markets, and a lot of them are kind of tapped out in— and a lot of them are kind of tapped out in the _ and a lot of them are kind of tapped out in the west. we think of netflix being _ out in the west. we think of netflix being a _ out in the west. we think of netflix being a booming company but its growth _ being a booming company but its growth is — being a booming company but its growth is really, really slowing, and where — growth is really, really slowing, and where are you goin

the one that i delved into deepest was netflix. the saudis made a big deal with netflix. now, it should be said that unlike what jim was talking about, these are us companies going out and looking for growth markets, and a lot of them are kind of tapped out in the west. we think of netflix being a booming company but its growth is really, really slowing, and where are you going to get millions and millions of well—funded young people to sign on to your service? it's going to be in countries like saudi arabia where two—thirds of the country is younger than 30, they have money to spend, they are looking for entertainment, they are hungry for it, and as many of the saudis that i spoke to said, we binge watch all the kind of same tv as you do. we just do it online. but why does that mean the saudis want to invest in netflix? i can see why netflix might want to reach saudi. that was actually the direction it went. what saudi is investing in are other kinds of media companies. they have invested hugely in disney, in amc movie theatres, there wasn't a movie theatre in saudi

i want to end with netflix. shares were up as high as 3% after hours after they beat their subscriber growth. bloomberg was estimating 4.4 million total subscribers. they came out with 3.7. now projecting 8.5 million. on top of that, you did see they say they will be cash flow positive next year. that did move shares after hours, up by 3%. disney ticking higher once again. emily: i want to bring in the senior vice president for entertainment and media at trans union. good to have you back on the show. strongest subscriber growth of the year, even as the world continues to reopen. we are getting off our couches and going to work. are you surprised by this? >> no, i'm not at all. contrary, i thought the projected number was quite low. probably their worst quarter ever in the last four or five years. typically when they had a really poor quarter in terms of subscriber acquisition, the following quarter is really substantial. i think this was less of an increase -- [indiscernible] emily: is that because netflix is d

and premium branded franchise than netflix has i would say what netflix is trying to do is replace all of television every channel on your dial to put it in the old tv terms with the exception of news and sports it wants to have documentaries and wants to have kids content and also have some of these more edgy things and a lot more to where hulu fits in and the whole bundle of disney plus, hulu and espn plus than it is trying to compete with disney directly yes, they're not playing the same game as disney. they'll never have the same big franchises but they want to have some franchises. not about princesses and super hero, but they want to have recognizable brands that they can count on to drive viewership >> that's a good way to put it, julia. hang out for a minute, bring in michael nathanson. talk more about the quarter. great to have you. thanks for the time today. >> thanks for having me. >> you guys have written so eloquently about their model and their global scale and their willingness to take as many shots at the goal as they can but also argued, look, not as deep as amazon del

how are you trading the record run of netflix >> squid games are not -- netflix was dead money from july through august, 2020 to 2021 i think the expectations is subs come in better than the 3.5 million. it was a terrible q 2 number and now you are getting better comps and getting past the tough comps. we talked about the gaming story, acquisition of night school but talking about a concept to putting it into play i have never been a buyer -- a victory lap for tom rogers who has talked about net fliflix foa long time. kudos not only from me, but a lot of other people. i feel like it goes higher >> dan, you may be the one panelist on tonight who may have watched squid game or knew what it was before he would told everybody about it do you like netflix? >> what tim is referring to is jeff bezos tweeted about it, giving them kudos about the quality of the content just when you thought we watched everything on the internet, these guys have been pumping out stuff that like you said, mel, is up there in 90 countries including the u.s. that may be why they have confidence about the sub numbers.

about netflix. nat, the outsized success of "squid game" important there's this metric that often is talked about the efficiency cost versus what viewership brings in. it's been quite high for "squid game" surprise breakout hit. i wonder as you look at squid game versus the dave chappelle special, what does dave chappelle do for netflix certainly it's popular content but it's expensive is there a chance they lose out or is it probably going to work out for them >> yeah. thank you for having me. i think it's very difficult to tell so, it would be difficult not just for us to tell from the outside, it's difficult for netflix to tell. you've seen reports that i've seen that internal estimates suggested that "squid games" would generate 900 million that's difficult to know it probably generated a large amount because it is the fastest show in sub -- in user views that we've ever seen it has the largest google trends effect i think on the order of a third bigger than the witch and i think it's very impor

tesla, amazon and netflix. tan, it is i think tesla, amazon and net netflix, while e doni don't con with hedge funds, the stocks were going to zero now know who i'm talking about when i say you told me it's going to zero, you losers. if anything, it did the opposite these are some of the most can feel successful companies of all time they spent years coming on air amazon, just a ponzi scheme. a company borrowing billions to become a national book seller. turns out they borrowed billions to become the best run retailer. mo moderna used the platform to crack the code of covid. they want it to be something else it's a record club a business that's more antiquated they decide to sell other people's content via the internet. they will never admit other than to say they got out in time, which i'm sure they didn't that leaves me with tesla. i heard a lot of people talk trash about a lot of stocks. i can't believe many that were derided as tesla musk going to jail these sure sounded like good reasons to short a stock,

a few years ago, we were talking about which would be bigger, hbo or netflix. netflix is bigger. now were talking about whether netflix can take on disney. well, the game has changed, and out of respect to netflix. i don't think squid game was a one off. i did not know about it two months ago. neither did you. weikel back -- we go back a year, we didn't know about bridget and, but netflix has the ability to take these shows and launch them into the zeitgeist, and now there is an increase in people trying to learn korean, and there was a surge in chessboard sales because of queens gambit. you would not see squid game on disney plus. there is too much violence for disney plus. netflix has the ability, showing tremendous international strength. they are taking these shows that we all know, and netflix has the ability to take these and globalize them. what netflix is showing with a dozen really high quality shows that can go local with the ability to keep doing this, coming a content machine, like disney in the past, so i am super bullish on netflix. near-term, great run. i'd like it

how do we set up -- quickly, going into earnings tomorrow for netflix? >> i think for netflix probably not great, to be honest with you. that's a tremendous run. i think the clever thing is probably take money off the table. that's coming from somebody that thinks netflix is probably -- in terms of disney, you know, the flip side of the disney coin, i think it was september 23rd jpmorgan of all people added it to their focus list with a $220 price target goes to show two sides of every market i think disney actually in the mid 160s if it gets there will get interesting again. >>> cramer is taking the other side of today's disney downgrade. why jim is sticking by this stock. ine up for the newsletter. all the information to sign up on the screen. >>> coming up, the day we've been waiting for the first bitcoin futures etf set to launch tomorrow more on that next when "fast money" returns there is something i want to ask you. umm, it's a little soon... the new iphone 13 pro is here. what do you say, switch to t-mobile with me? yes! fall in love with iphone.

>> i'm long netflix and bullish netflix, and the main reasons i would look to ad here is netflix did hold up in september which was pretty strong. we saw massive sell-off in september, a correction i should say. so when you are looking at netflix the big thing that investors are looking for is the queue up and the content coming in quarter 4, which we know "squid game" has been a massive success. there's more content in q4 i think will be bullish in the sense of bringing the content to the forefront. i think that's the reason why well-capitalized, obviously the balance sheet is doing well, all of the cash is going into content. i think the big thing in the streaming competition is going to be content and who wins that area i think netflix is doing a really good job. i still would be looking at netflix here >> i will give you the final comment as i'm sure you have seen the excitement around "squid game" the fact that netflix is finally acting like it used to is it time to curb our enthusiasm about this or not >> i think looking at these numbers and the social media growth is a proxy f

there is a lot of high expectations on netflix. i think it was more -- i did not interpret the guidance in terms of earnings and revenues. they were within range. it was a surprising reaction. overall, i think it was a sigh of relief for people that are still bearish on netflix. amanda: even those that are bullish to have the caution evaluation. the most hardened believers netflix so you cannot call this inexpensive. where'd you come down on valuation? what do you need to see longer-term in those projections to help justify where this trades? dan: it trades about 55 times earnings. revenues were only up 17% last quarter. topline growth does not substantiate the multiple. netflix has a conductor going forward. we know subscriber growth in the u.s. and canada is very mature. there is a lot of competition. going forward, the best opportunities for them to really grow our international space. the average revenue per user they get in international space is much lower than it is domestically. how can they substantiate that multiple when

today saw about 100 demonstrators gathering outside the netflix ho. they can be formed into three different groups, those who support dave chapelle and his right to free speech, those who believe that his remarks were potentially harmful to transgender people, and those who are opposed to transgenderism as a concept, they chanted "love you, don't change yourself". much of the controversy has been brought about because netflix said they brought it on themselves by issuing e—mails to staff in which they defended dave chapelle, who has of course made a lot of money for netflix, and basically appeared to turn a deaf ear to the whole controversy. since then netflix has somewhat backed down, and issued a statement saying, "we understand the deep hurt that has been caused by this, and we respect the decision of any employee who chooses to walk out." netflix�*s co—ceo has admitted that in his words, he screwed up in its his response to the controversy initially. a lockdown in the australian city of melbourne will end in a few hours, after 70% of the pop

today so about 100 demonstrators gathering outside the netflix ho. they can be formed into temperatures different groups, those who support dave chapelle and his right to free speech, those who believe that his remarks were potentially harmful to transgender people, and those who are opposed to transgender is as a concept, they chanted "love you, don't change yourself". much of the controversy has been brought about because netflix said they put it upon themselves by issuing e—mails to staff in which they defended dave chapelle, who has of course made a lot of money for netflix, and basically appeared to turn a deaf ear to the whole controversy. since then netflix has somewhat backed down, and issued a statement saying, "we understand that the part that has been caused by this, and we respect the decision of any employee who chooses to work out." netflix has admitted that in his words, it screwed up in its response to the controversy initially. let s get some of the day s other news. at least 46 people have died and several are missing after floods

thank you. >>> a battle raging inside netflix for weeks boiled over today. employees staging a walk-out in terms of the streamers latest dave chappelle special in which the comedian mocks transgender people steve patterson now on how the company is reacting >> reporter: tonight netflix employees walking out of the company's hollywood office after weeks of internal backlash. >> reporter: employees angered over netflix's handling of dave chappelle's new comedy special, "the closer," which features jokes centered on his relationship with the trans community. some employees calling the special transphobic. >> we didn't care what dave chappelle was doing until you come for our community. >> reporter: in internal communications with employees, netflix ceo ted sarandos argued it was popular with subscriber and would lead to no real world harm. >> he did not feel it amounts to hate speech. >> reporter: variety reporter matt donnelly broke the story and spoke to sarandos just hours before the walk-out sarandos saying, "obviously i screwed up that communication. i sho

netflix has remained mum on that. but saying that these employees were not terminated or suspended with anything to do with what they tweeted about the special. this is ongoing and a lot of people, you guys, are not happy with this or happy with dave chappelle right now either. >> chloe melas, than so much. thanks to all of you for joining us today. i'm jim sciutto. >> i noticed that tends to happen between 9:00 and 11:00 eastern. i'm erica hill. "at this hour" with kate bolduan starts after a quick break. see you tomorrow. ♪darling, i, i can't get enough of your love babe♪ ♪girl, i don't know, i don't know,♪ ♪i don't know why i can't get enough of your love babe♪ ♪oh no, babe girl, if i could only make you see♪ ♪and make you understand♪ get a dozen double crunch shrimp for $1 with any steak entrée. only at applebee's. now that's eatin' good in the neighborhood. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed insta

most watched programme on netflix. ,. , ., on netflix. some local schools are bannin: on netflix. some local schools are banning the _ on netflix. some local schools are banning the topic— on netflix. some local schools are banning the topic at _ on netflix. some local schools are banning the topic at school. - on netflix. some local schools are banning the topic at school. as . on netflix. some local schools are banning the topic at school. as a i banning the topic at school. as a result, schools _ banning the topic at school. as a result, schools around _ banning the topic at school. as a result, schools around the world have warned parents about the dangers of young children copying scenes, and here, many parents say they are concerned. it�*s scenes, and here, many parents say they are concerned.— they are concerned. it's really scary and _ they are concerned. it's really scary and i — they are concerned. it's really scary and i certainly _ they are concerned. it's really scary and i certainly wouldn'tl they are concerned. it's

about a year ago wasn't all th talk about how netflix hadn't really moved it was slumping. it was too dependent on being driven by hits and disney had this big library and that was the reason to bet on it into the future now netflix has a hit. so it's up and disney is down? can analysts be consistent here? what are the fundamentals that investors should really care about? >> well, i think what we're really talking about, jon, is how much of a pull forward effect the pandemic had. that's really what a lot of this comes down to. yes, there's content how much can content drive growth, but also how many of the subscribers that would ever subscribe to netflix or disney plus have already done it because they were stuck at home streaming a lot of movies and tv shows over the past 18 months or so so i think that these are different services disney has much less content its content is rated much higher, considered much more high quality and one pressure that disney has is being able to ramp up the creation of content at that same level, where as netflix already had a lot more conten

♪ ♪ "squid game" is currently netflix's most-watched show in 90 countries around the world. the south korean dystopian horror thriller about a group of people forced to compete to the death for millions of dollars. >> i would describe "squid game" as a little hunger gamesesque but even more violent and more bloody. >> it's only been out for two weeks and well on its way to surpassing "bridgerton" as streamed to 82 million accounts as netflix's biggest original series of all time. >> for the first time, you're seeing real appetite for projects from overseas, the kinds of shows that maybe we haven't seen before. there's a unique aspect to that where people are hungry for something new and different. "squid game" is definitely new and different. >> it's easy to understand why people liked "bridgerton", but why are so many people watching a brutal show about a dystopian death game? >> we like to be scared. and it appeals to something in us that helps us to focus on what we're watching. it takes our mind away our stresses. although it has horrific components, it also appeals to a

this in protest of the company's choice to air day chapelle's new netflix special. the closer. >> which many of said is transphobic and wanted to see pulled. when i see a special that's no spitting hate and knocking down my community and it doesn't make it does hurt directly netflix, co ceo and chief content officer ted sarandos said creative freedom was one reason they kept it and then it didn't cross the line into inciting violence. but some say it should at least come with a warning. i do think the discussions have a warning on it that he's got transfer. ab are in it so that people have the choice, whether they watch it because trans people like me can get treated by this into a speakers said they would like to see more trans representation at netflix, including on screen and in the boardroom. >> while most round support of netflix employees. some counter protesters say they may not like what chappelle said but are worried about free speech being hindered lots of comedians take a job that everyone if it's an equal opportunity destroyer. you aay not like what he h

we're netflix. we can get you in there. [ laughter ] so they did it they got me in there and here it is >> jimmy: let's check it out >> it's lego seinfeld! [ applause ] [ laughter ] he's blocky. he's stoppy. he's one half real organic matter he has sea hands and he's every bit as funny as his human counterpart. >> i am the human counterpart. they shrunk me down. >> quiet ♪ >> i guess i'll have cereal. >> his milk never spoils his bands clean in one wipe. >> i don't know what this is what are we selling here >> oh, sorry, jerry. you have no say. we bought the series, and we can do whatever we want with it, and you. >> but i don't want to be a lego [ blocks crashing ♪ i don't even know who i'm working for, at this point hello? hello? this phone is not real >> lego putty, sold separately >> yeah, that's right. >> lego whatley, not available >> what happened to whatley? >> he did, like, five episodes >> six >> i don't know how this happened, but i am not a toy >> all 180 episodes, only on netflix. [

do you think netflix deserves more credit? and should netflix be judged on the totality of its content where it has advanced issues and conversations around some of these subjects? >> i think netflix absolutely has deserved some credit for the way that it has shaped the conversation around some of these issues. sex education, for example, is a phenomenal show that just shows queer people and people in various types of relationships as normal and it's normalizing that kind of view. at the same time, i think the issue here is that netflix didn't listen to its own employees, its own trans and lgbtq+ employees who brought up real concerns. so when you make a blanket statement like our content cannot cause harm, then the contra positive is our content cannot do good and i don't think they would ever assert that. >> alonzo, helen lewis had this to say. she called it a rorschach test. some people see chappelle as a rich comedian attacking a marginalized community. others see him as a black comedian attacking the elite consensus. are

then, netflix under fire. dozens of employees of the streaming giant walk out, protesting comedian dave chappelle's controversial new special, as the company's c.e.o. admits he made a mistake. and, life support. some hospitals in africa take oxygen production into their own hands, to save the lives those most vulnerable. >> once we are able to provide reliable systems for, like, pediatrics, for neonatal, that then frees up more oxygen for the adults, for covid and other cases. >> woodruff: all that and more, on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> fidelity wealth management. >> consumer cellular. >> johnson & johnson. >> financial services firm raymond james. >> b.d.o. accountants and advisors. >> supporting social entrepreneurs and their solutions to the world's most pressing problems-- skollfoundation.org. >> the lemelson foundation. committed to improving lives through invention

we will speak with an analyst who covers netflix. this is bloomberg. ♪ matt: this is "bloomberg markets." i'm matt miller. netflix reports after the bell, investors will be paying attention to subscriber growth, as usual. but it is something different this quarter because of the success of "squid game." has boosted their market value since its debut. joining us is tuna amobi, consumer analyst at cfra. he has a guy reading on -- buy rating on netflix. it is understandable that the success of this one program has been amazing. i think that they expected to generate about $900 million and it only cost about $20 million to produce. tuna: i think there is a lot of excitement in the air. you alluded to "squid games." no question changes the narrative for netflix coming out of the pandemic. i think that they were desperate to get something going after this very difficult first half, which is why we think a $3.5 million guidance -- there's definitely upside to that. a big part of it will come from the asian-pacific, but more importantly, i

shery: big tech earnings kick off with netflix. their latest megahit ," squid game" will have $900 million in value. analysts are expecting tesla to turn in its tense consecutive profitable order on the heels of its first billion-dollar one but there chip shortage looms that is your week ahead. those supply chain fears pulling into the inflation relief. a quicker path and steeper trajectory of fed tightening could derail markets and suffocate the global recovery. let us bring an ig group market analyst. always great to see you. we have saved marcus's -- markets -- seen markets more positive over the data last week. are we over looking the tensile for stagflation to materialize? --the potential for stagflation to materialize? guest: i think what we have seen over the last couple days is that sentiment got quite bearish. we saw investors becoming negative on stocks since the u.s. election last year. past anytime before the pandemic what they were worried about, where evaluations were and where growth was in the context of monetary po

until now, netflix had _ this go wrong. until now, netflix had said - this go wrong. until now, netflix had said period i this go wrong. until now, - netflix had said period drama bridgerton was its most serious brahma lodge. it said squid game has had 111 million users watching in its first eight days. netflix can be secretive and selective about its viewing figures, but it counts one view as anyone who has watched two minutes of an episode. . squid game is also another example of the rise of korean culture globally. two years ago movie parasite won best film at the oscars and bts from the capital seoul are now the biggest boy band. squid game continues to ride that south korean wave. steve holden, bbc news. before we go tonight, let me leave you with a glimpse of hogwarts in london. to mark the 20th anniversary of the first harry potter film, young fans have been learning how to wave those wands to wizardly effect — with cloaks, of course. the devotees of harry, ron, and hermione were duelling in front of 15 foot tall wands in london's leicester square, where the

dave chappelle was paid about $20 million for his special on netflix. today saw about 100 demonstrators gathering outside the netflix hq close to us here. they can be formed into three different groups, those who support dave chappelle and his right to free speech, those who believe that his remarks were potentially harmful to transgender people, and those who are opposed to transgenderism as a concept, and they chanted "love you, don't change yourself". much of the controversy has been brought about because netflix said they brought it on themselves by issuing e—mails to staff in which they defended dave chappelle, who has of course made a lot of money for netflix, and basically appeared to turn a deaf ear to the whole controversy. since then netflix has somewhat backed down, and issued a statement saying, "we understand the deep hurt that has been caused by this, and we respect the decision of any employee who chooses to walk out." netflix�*s co—ceo has admitted that in his words, he "screwed up" in his response to the controversy initially. dav

, frank, honestly because netflix has struggled in the u.s. there's a lot of competition it's competition for eyeballs. now it's not just tv, it's not just hulu, it's gaming, there's a lot going on, markets are opening up, people are going out, traveling, doing more things so i think netflix may have a tough time. >> we have to switch gears kansas city and southern both reporting. how important is the numbers versus the commentary? >> i think the numbers are going to be huge canadian is buying kansas city, paying a big price, paid a $700 million breakup fee in the second quarter revenues increased by 47% when they report today, i'm going to look at guidance. pent up demand for vehicles, appliances, raw materials, how will that help them in k-2 two third of demand from mexico is -- mexican fuel is imported so that's a big mover for them, what's going on there? canadian national they have issues in canada, positive they have some coal closures so are the coal plants going to reopen? what's that going to do to their demand >> last one, i give you

many who work at netflix. we're disappointed with how the co ceo ted sarandos dealt with this responding to his employees in an email sent to them. he said that the chappelle special would not cause any real world harm and not everyone will agree with content put out by the platform since sensor and ohs has said in an interview with the wall street journal. he regrets not showing some compassion, some humanity towards these employees were truly upset about this and offended employees say the company continues to put out this harmful content towards the trans community and it must stop today. so they released a few demands actually only will name a few of them, but some of them include hiring more people of color, more trans people, more people in the a community creating more trans positive content and an idea they've floated is putting a disclaimer up before transphobic show. our movie appears. now. >> that's just a few. but let's take a look at what netflix is saying about today's walkout because their own e

united airlines and netflix are reporting after the bell is netflix moving subs to rivals like disney? we'll break it down. stay with us do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. >>> here is your cnbc news update a judge showing frustration at the slow pace of jury selection for the trial three men accused of chasing and murdering ahmad arbery fewer than 100 jurors have been questioned >>> a navy probe has found major failures by commanders, crew members and others in an arson fire that destroyed an assault ship this according to the associated press, for five days in july of la

gains for netflix, delivering its best subscriber

a _ for netflix? obviously a very different show. a very - for netflix? obviously a very i different show. a very different show. we are in the point now where we are having the most competition tv have ever had. i think at the moment, tvs spitting into directions. either it is, that is reboot popular franchises that have been around forever, or let us take a risk on new shows from different perspectives or providing something that has not been shown before. that is what you get in a big risk. summer success, some are failures. shows such as squid game is, very highly original, thought—provoking tv. it is a show that only netflix can only pull off, notjust having a show that can be in every single country, lodged all on the same day, that everybody gets infatuated by, but also the fact it can be dubbed, should you watch it adapt. i am a firm believer in watching things with subtitles on! me, too! so you can really be absorbed by it. the fact that this show, which is a south korean show, has been able to captivate the world essentially, even though it is

then tony zhang explains why netflix is anything but chill. and how to cozy up without risking a heart ache plus, like a nerd in an '80s movie, only so many times commodities will be a hero the professor shows you,000 seize the day. >>> and a special earnings trade tonight. it is such a big show we are running out of time. it's time to risk less to make more "options action" starts now. >> let's get to it we have so much to cover tonight. >> we have so much to cover. even with autopilot it is hard to get around. you can't have an earning seasons without talking about tesla. carter, what are the charts saying >> i have two charts, the same as bitcoin which is to say the phenomenon of levels and breakouts and breakdowns and why certain moments matter, it's all technical. just as bitcoin has no earnings, tesla has no earnings. so it's all about charts that is exactly the chart we were looking at in bitcoin bitcoin bounced seven times to the penny off the line why would it stop there? because of the line, the chart the issue is does it or does it

netflix was the outright winner. the extruder a success of this korean show has held subscriber growth. we saw the stronger subscriber growth topping estimates. we saw strong viewing throughout the corner -- throughout the quarter. latin america was a disappointment. we see some testing that they would be making more licensing of content and acquisitions as well as signifying -- signaling the fourth quarter will be uncharted territory when it comes to new content. pretty close to perfect if you look at analysts reactions. shery: perhaps it is solid earnings like netflix and other companies we are seeing is the reason we are seeing a shift in sentiment in the markets. more concern about inflation, commodity prices rising, we are seeing this focus on third-quarter earnings and they are coming in pretty strong. we went from financial to consumer staples and other bellwethers and things like ok. goldman sachs saying the backdrop may remain difficult in the near term but expects the market to climb the wall of worry. haid

what that means for netflix. that is next. ♪ >> the apple watch is here with a bigger screen and full keyboard. but unfortunately, you still can't use the device without an iphone. a decade ago, steve jobs outlined that every major apple device should be standalone and synced directly with the cloud instead of another hub device. as anyone with an apple watch notice, you still can't buy one, set it up from the product itself and download all your data from the cloud. that limits the potential user base of the apple watch and it, of course, who may want to just own and applewatch plus an ipad or mac and even one day, people who want to use an apple watch as their only computing device. with much larger screens, independent apps, faster processors, new developer tools and the ability to connect to cellular networks, the time is now for apple to allow customers to buy an apple watch and set it up without connecting it to an iphone. making the watch a completely independent device could make the product a bigger pa

netflix certainly one of the movers we are watching carefully here. the earnings season in full throated roar now, and it is having an impact on the market. what are the details? alix: that looks certainly --abigail: netflix certainly having an impact on the market. now down 1.7%. they beat adjusted earnings estimates. sales coming in right in line, so still coming out of the pandemic malaise, weighing on netflix to some degree. deutsche bank cutting shares on the fact that valuation is very high and all of the good stuff is priced in. but prior to the report, the options market pointed to an 8% move up. we are simply not seeing the kind of volatility. united airlines has been down. they posted a narrower loss than expected. ceo scott -- scott kirby voiced concerns on rising jet fuel costs. it looks like you may see that one flip higher. let's take a look at a number of the health care stocks. here's the good on the day for earnings season. you can see big gains right across the board. anthem up nearly 6%, an intraday record high. they beat and booste

what should we expect to see from netflix next? >> what we should expect to see is more of the same. when you have a commitment from the most powerful man in hollywood, from the most powerful streaming service in the world that says it will make commitments to put out $6 billion worth of content next year, when he's behind this material, i don't know that we will see much change from netflix. i hope thai am proved wrong. what we should see is what the employees are demanding. what they are demanding as a radically different platform that will allow trans creators the opportunities to be able to be heard. reporter: you would like to see change but you are not optimistic it will happen. is that right? >> i'm not optimistic in the short term. i think that there are a couple things that willat away at netflix that will drive change. first of those is the fact that there are lots of people who say that they don't wish to work with netflix right now. i've had producers and show runners tell me that. they are having people be fired and re

and i think netflix has a problem. transgender employees got issues with transgender with their employees. they will get to that later in the month the year. >> they added 4.4 million new subscribers. its 200, 13 million worldwide 213.6 that pay every single month. growth is only in asia pacific europe middle east and africa. there's no growth in the united states. they expect more normal 2022 more regionals coming out on a regular basis because covid getting past the working conditions. and they said this could games now and watch my 100. 42 million accounts challenge netflix stocks down a little bit because a lot of this was based indicate. >> wow. rapid fire on fire as always, rob, thank you very much. and let rob know what you'd like chat about facebook twitter. you can see his handles there. you can e-mail directly as always. don't forget, rob, rob black dot com. we'll be right back. we're all ready for a real vacation. one where you can sip tropical drinks with fruity garnishes, without having to get up. a vacati

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right now, stocks the as politicians wrangled in washington but investors were focused on earnings netflix shares had an all-time high even as technology stocks suffered an electric vehicle stocks outperformed the mid market turbulence from positive news reporting tesla. on the "barron's roundtable" ben levisohn, carleton english in dachau. a crazy week in washington we saw a dangerous game of debt ceiling chicken and democrat trying to snatch infrastructure defeat, using investors were looking at something completely different. >> that is right even friday rally stocks had a terrible week politics did not have much to do with the earnings have been driving this market higher, estimates are coming down in companies cut their guidance because of supply chain issues and inflation sherman williams, bed bath & beyond and allegiant were a few that did this past week the lower estimates could mean companies have an easier time with their forecast when it comes time to report, so many stocks have been beaten up, means a bar may be lower. >> that's not how it works analyst lewitt until they can cl