Netflix has been signaling recently that after years of resistance, the streaming giant would introduce an advertiser-supported tier. The commercials will be 15 or 30 seconds in length and will play before and during Netflix's content. Additionally, the ratings company Nielsen will begin to measure Netflix's digital audience starting in 2023, so brands will have a clear sense of how Netflix's titles perform. Read More...
Motley Fool
Why Snowflake, Datadog, and MongoDB Plunged Today
Shares of high-growth enterprise software stocks Snowflake (NYSE: SNOW), Datadog (NASDAQ: DDOG), and MongoDB (NASDAQ: MDB) were falling hard again today — down 2.9%, 2.7%, and 2.7%, respectively, as of 12:48 p.m. ET — even as the broader market was up. The relative underperformance can be attributed to, like most things these days, inflation and interest rates. This morning, the Consumer Price Index (CPI) report for September came in hotter than expected for the second month in a row, putting upward pressure on interest rates and pushing down the valuations of high-growth, more expensive software stocks.
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