Bloomberg Intelligence BI Weekend: Netflix, Tesla, AT&T Earnings
42 snips
Oct 24, 2025 
Jody Lurie, a credit analyst with expertise in hospitality, shares insights on Hilton’s optimistic financial outlook despite mixed domestic demand and highlights the company's strategic expansion and balance-sheet management. George Ferguson, a senior aerospace analyst, discusses the strong margins of GE Aerospace driven by increased maintenance needs and supply chain efficiency, while pointing out RTX's diverse strengths in defense systems that are bolstering revenue growth. Their perspectives illuminate key trends in hospitality and aerospace industries.
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Brazil Tax Masked Strong Netflix Margins
- Netflix's Brazil tax charge depressed operating margins but underlying margins were near-record without it.
- Ordinary quarterly beats still spooked investors despite a strong content pipeline for late 2024 and 2026.
M&A Is Defensive Not Desperate For Netflix
- Netflix signaled openness to studio M&A mainly as a defensive move to secure content libraries.
- Acquiring Warner studio assets would be strategic but is not strictly 'do or die' for Netflix's lead.
Content Spend And AI Will Reinforce Netflix
- Netflix remains the top content buyer, spending roughly $17.5–18 billion annually and attracting creators.
- Bloomberg Intelligence expects AI tools to cut content costs by about 5–10%, aiding streaming economics.