Wall Street Breakfast Netflix and Spotify teaming up
6 snips
Jul 2, 2025 The podcast dives into exciting talks between Netflix and Spotify about collaborating on music shows and live concerts. It also highlights recent market developments, including a notable Apple bear turning bullish. Furthermore, a surprising move from Jack in the Box with a poison pill strategy adds intrigue to the corporate landscape. Listeners get a fresh perspective on economic trends and how companies navigate investor pressures.
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Netflix's Music Content Strategy
- Netflix is exploring various music-related content including shows, live concerts, and celebrity interviews with Spotify. - They are rebooting classic shows and testing live audience participation to engage viewers.
ADP Payroll Report Unreliability
- ADP's private sector payroll data recently fell contrary to expectations but is an unreliable predictor of official payrolls. - Economists suggest ignoring ADP numbers and not adjusting them to estimate official growth.
Apple iPhone Sales Outlook Improves
- Jefferies upgraded Apple from sell to hold, anticipating unexpected iPhone sales growth in fiscal 2025 Q3. - Data shows a 15% year-over-year iPhone sales increase in April-May, the strongest since 2021.