Netflix Beat Q1 Easily. Wall Street Sold It Anyway.
Netflix cleared every Q1 2026 number, banked a $2.8 billion Paramount check, and announced Reed Hastings is leaving the board. The stock still dropped 10%.
Shaw Beckett·
Category
Business
Latest business articles and coverage
Legal Sports Betting Is Wrecking Americans' Credit, NY Fed Study Finds
A New York Federal Reserve study reveals that legal sports betting is driving a sharp rise in credit delinquencies, with the worst damage hitting bettors under 40.
Shaw Beckett·
Gas Just Hit $4 a Gallon. It's the Fastest Price Spike in Modern History.
The national average crossed $4.02 today, a 34.7% monthly surge that outpaces every oil shock on record, from Katrina to Ukraine.
Shaw Beckett·
Google's TurboQuant Just Erased Billions From Memory Chip Stocks. Here's What Actually Happened.
A compression algorithm that shrinks AI memory usage by 6x sent Samsung and SK Hynix tumbling. Analysts say buy the dip. Here's why.
Shaw Beckett·
CFOs Quietly Admit AI Will Cut 9 Times More Jobs This Year
A major survey of 750 CFOs reveals AI-related job losses could hit 502,000 in 2026, up from 55,000 last year, but the reality is more nuanced than the headline.
Shaw Beckett·
Your Spring Home Purchase Just Got More Expensive, and Oil Is the Reason
Mortgage rates hit 6.53% on the first day of spring as the Iran war drives oil prices above $100, upending what was supposed to be a comeback housing season.
Shaw Beckett·
The Fed Meets Tomorrow With Oil at $100 and No Good Options
The Federal Reserve begins its March meeting with crude oil above $100, inflation expectations climbing, and rate cut hopes fading. Here's why Chair Powell faces his toughest call in years.
Shaw Beckett·
Gas Prices Could Hit Record Highs as G7 Unlocks Emergency Oil
G7 finance ministers are discussing a 300-400 million barrel emergency oil release as the Strait of Hormuz closure sends crude past $100 and gas prices toward historic levels.
Shaw Beckett·
Hollywood's $111 Billion Merger Just Got Real. Netflix Walked Away.
Paramount Skydance will acquire Warner Bros. Discovery after Netflix declined to match a $31/share offer. It's the biggest entertainment deal in history.
Shaw Beckett·
The FTC Is Building an Antitrust Case Against Microsoft. Here's What We Know.
Federal investigators are questioning Microsoft's rivals about cloud licensing, AI bundling, and the OpenAI partnership. The probe just got serious.
Shaw Beckett·
Cisco Beat Earnings and the Stock Tanked Anyway. Blame AI's Memory Problem.
Strong revenue, solid networking growth, and a new AI chip couldn't save Cisco from the one number Wall Street cared about: margins.
Shaw Beckett·
The AI Industry Will Spend $2.52 Trillion This Year. Here's Where It Goes.
Gartner's latest forecast shows AI spending surging 44% in 2026. Infrastructure dominates, but the ROI question looms larger than ever.
Shaw Beckett·