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Bloomberg Technology

Netflix Beats Every Wall St. Metric, iPhone Demand Surges in China

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 18 October 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow and Caroline Hyde discuss Netflix as the company reported subscribers that beat analyst estimates. Plus, new data out from Counterpoint Research shows a jump in iPhone demand in China, and Tesla faces a US probe over its Full Self-Driving feature after a series of crashes. 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Artificial Intelligence is the star of the stock market, but with the companies that kicked off the AI craze all privately held,

0:07.5

how can investors gain exposure to this structural long-term trend?

0:11.5

Learn more later in the podcast.

0:15.2

Listen carefully.

0:18.9

Can you hear the rhythm in the markets? Not just in the syncopations triggered by inflation, but in the preludes leading

0:28.8

to global elections, in the dissidents that moves the the Nik and the rising course conducted by AI.

0:37.0

There's music in the markets and if you want to learn to listen for it. We'll show you how.

0:43.5

Learn more at Bloomberg.com.

0:45.0

From the heart of where innovation, money and power

0:49.6

collie in Silicon Valley and beyond,

0:52.3

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. life from New York and San Francisco. This is Bloomberg Technology.

1:13.2

Coming up, Netflix and a record, the king of streaming,

1:16.1

surpasses Wall Street's expectations on every major financial metric.

1:21.0

Plus, after iPhone sales still in a major market overseas, a sign of success.

1:27.2

And why Tesla is in the crosshairs of a federal agency's investigation, Ed.

1:31.6

Yeah, let's get right to Netflix, and this is the stock right.

1:36.0

You can see on the screen the story, on track for its biggest jump since January of this year,

1:40.0

trading at a record high overall and subscribers beat revenue beat and we always

1:46.5

talk about earnings in the context of beating expectations numerically on

1:51.8

metrics but I think we both agree, right, Carrow, that the story was different to what

1:56.2

we were expecting. A slowdown in streaming, no, actually things seem to be okay for Netflix.

2:02.1

I think there's a lot to get into about

...

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