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Netflix profits surged in Q1, global markets rocky due to US inflation worries. Big business backs Modi for re-election. Luxury automakers impacted by Korea's new license plate rule. IMF predicts US to grow faster than G7. Powell says US inflation taking longer to hit target. Businesses hopeful for Modi win to ease India's bottlenecks
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- Netflix focuses on subscriber engagement metrics and new revenue sources like advertising.
- Business community supports Modi for pro-business policies but seeks improvements in tax complexities and legal processes.
Deep dives
Netflix's Strong First Quarter Performance and Strategy Shift
Netflix reported a successful first quarter with a 54% surge in operating income and more than 9 million new subscribers. Instead of disclosing subscriber numbers, Netflix is now focusing on subscriber engagement metrics like time spent on the platform and exploring new revenue sources such as advertising.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode