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Bloomberg Businessweek
Netflix Adds 9.33 Million Customers, Crushing Street Forecasts
Apr 18, 2024
Bloomberg Businessweek podcast features Paul Sweeney, Redd Brown, Geetha Ranganathan, and Lynn Doan discussing Netflix's record customer growth, TSMC's chip market outlook, US housing market challenges, and the Fed's struggle with rental inflation.
54:52
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Quick takeaways
- Netflix exceeded customer growth expectations due to strong original content and crackdown on password sharing.
- TSMC revised chip market outlook, highlighting challenges in technology sector growth.
Deep dives
Rising Rates and Investor Concerns
Investors are showing concern as the Federal Reserve indicates a potential shift towards higher interest rates, with inflation numbers remaining stubbornly high. Despite the rising rates, equity markets have remained positive, providing resilience to economic challenges.
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