Netflix Just Unlocked a $10 Billion Revenue Opportunity. Can it Take Advantage?

Netflix (NASDAQ: NFLX) shares surged Wednesday after the streaming leader beat subscriber expectations in its third quarter and guided for subscriber additions to accelerate in the fourth quarter. While that was encouraging news after the company saw subscriber growth fall in each of the first two quarters of the year, there may be an even better reason to get excited about the stock right now. The streaming giant is getting set to launch its new advertising business, and it could be huge. Read More...


Banks forced to hold on to Twitter deal debt-sources

NEW YORK (Reuters) -The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company’s fortunes and losses, people familiar with the matter said. The banks are not planning to syndicate the debt as is typical with such acquisitions, and are instead planning to keep it on their balance sheets until there is more investor appetite, the sources said. The banks, which include Morgan Stanley, Bank of America, and Barclays Plc, declined to comment.

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