Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesNetflix is due to report third-quarter earnings after the closing bell Tuesday.The streaming service is no longer offering investors quarterly subscriber updates, but Wall Street will be keen to hear how recent price hikes and the platform’s growing advertising tier are faring — especially as businesses across all sectors grapple with consumers tightening their purse strings.Here’s what Wall Street expects for the company’s most recent quarter: Earnings per share: $6.97, according to LSEGRevenue: $11.51 billion, according to LSEGNetflix posted major earnings beats for the first and second quarter of the year. The company noted that…
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Wall Street analysts believe that bids to buy Warner Bros. Discovery could land anywhere between $21 to $30 a share. On Tuesday, the media and streaming announced that it was reviewing all of its options for a sale or partial sale after receiving “unsolicited interest” from multiple potential buyers. As this takes place, the company is still considering splitting its streaming and studios business and global news networks into two separate entities. But a full sale is now on the table officially. Sources told CNBC’s David Faber that both Netflix and Comcast are among the interested buyers. Warner Bros. Discovery…
OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho.Kevin Dietsch | Getty Images News | Getty ImagesShares of Google parent Alphabet sank 3% on Tuesday after OpenAI announced the launch of ChatGPT Atlas, an artificial intelligence-powered web browser.OpenAI posted a five-second video on X showing three browser tabs that say “Livestream,” “Today” and “10 a.m. PT.” The company’s CEO Sam Altman highlighted the upcoming launch in a separate post, writing that it’s for a new product he’s…
Sen. Deb Fischer (R-NE) questions U.S. Secretary of Commerce Howard Lutnick during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on June 04, 2025 in Washington, DC. Andrew Harnik | Getty ImagesRepublican Sen. Deb Fischer of Nebraska on Tuesday warned President Donald Trump that his proposal for the U.S. to buy Argentina’s beef will hurt American cattle ranchers and fail to lower prices.”Bottom line: if the goal is addressing beef prices at the grocery store, this isn’t the way,” Fischer wrote in an X post.Trump floated the idea over the weekend as a way…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Roughly a decade ago, cryptocurrency began to show up in the residential real estate market. There were stories of the first bitcoin home sale, but really it was just people buying in the currency and then converting it back to dollars. Now crypto is being used more for leverage. Lenders…
Check out the companies making the biggest moves midday: Warner Bros Discovery —The HBO and CNN owner surged more than 12% after saying it was open to a sale . The WBD board ” will evaluate a broad range of strategic options ,” from pursuing a planned separation of the company by mid-2026, a sale of the entire company or separate deals for Warner Bros. or Discovery Global. Beyond Meat — The plant-based meat products maker rallied more than 40% , adding to Monday’s 127% surge — which was its best one-day gain ever. The moves are reminiscent of the…
Impactive Capital’s Lauren Taylor Wolfe took the stage at the 13D Monitor’s Active-Passive Investor Summit with a punchy line: “AI is not going to kill or disintermediate this business because ChatGPT can’t handle real poop or storms anytime soon.” Her new idea is Advanced Drainage Systems, which she called the undisputed leader in plastic stormwater and residential septic systems. The co-founder at Impactive Capital, one of the pioneers of activist environmental, social, governance investing, said the company is the second largest recycler in North America that you’ve never heard of as it recycles over 500 million pounds of plastic annually. WMS…
President Donald Trump’s presidency has been uniquely good for businesses, according to Bill Ackman, CEO of Pershing Square Capital Management.”I think Trump has been the most pro-business president we’ve ever had,” Ackman said Tuesday morning on CNBC’s “Squawk Box.”Ackman pointed to infrastructure and tax bills as having positive effects for businesses. He also noted that the Federal Reserve is “accommodative” of interest rate cuts.Ackman acknowledged that he was “a little bit concerned” by Trump’s market-roiling tariff policy first unveiled in April. However, Ackman credited Trump for changing his position after the billionaire investor suggested taking a pause before implementing the…
Workers demolish the facade of the East Wing of the White House on Oct. 20, 2025 in Washington, DC.Kevin Dietsch | Getty ImagesThe Treasury Department told staff not to share photos of the White House’s East Wing as parts of it are demolished to build a new ballroom at the behest of President Donald Trump, a spokesperson confirmed to NBC News on Tuesday.Treasury’s warning came after photos of excavators tearing down parts of the building went viral online Monday in preparation of the planned 90,000 square foot, $250 million ballroom.In July, Trump said that construction of the ballroom “won’t interfere…
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic.Chesnot | Getty ImagesAnthropic CEO Dario Amodei addressed “inaccurate claims” about the artificial intelligence startup’s policy stances on Tuesday after repeatedly facing criticism from David Sacks, the venture capitalist serving as President Donald Trump’s AI and crypto czar.Amodei said the company is aligned with the Trump administration across “key areas of AI policy,” and that it is interested in working with “anyone serious about getting this right.””I fully believe that Anthropic, the administration, and leaders across the political spectrum want the same thing: to ensure that powerful AI technology benefits the American…
