Wall Street Breakfast Netflix bills climb, shares rise
Jan 22, 2025
Netflix's recent earnings showcase impressive subscriber growth and rising prices, leading to a stock surge. Meanwhile, space stocks are elevating in response to political enthusiasm, with Trump eyeing Mars. Google plans a significant $1B investment in Anthropic, positioning it as a major player against OpenAI. The hosts dive into these market trends and contemplate future economic indicators, revealing fascinating insights into the evolving landscape of investments.
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Netflix Price Hike
- Netflix is raising prices across all its plans, including the ad-supported tier.
- This comes despite record Q4 earnings and subscriber growth, attributed to new content and live sports.
Space Stocks Soar
- Space stocks surged due to renewed optimism under President Trump's administration.
- Trump's focus on space exploration and the potential appointment of Jared Isaacman as NASA administrator fueled investor excitement.
Google Invests in Anthropic
- Google invested an additional $1 billion in Anthropic, an AI startup competing with OpenAI.
- This brings Anthropic's total funding to $3 billion and strengthens Google's position in the AI field.