Netflix shows how it’s done despite low revenue

of Netflix Business leaders and investors may not be enjoying soda pop after third-quarter results are announced. While the company’s earnings met expectations — though they didn’t beat them as they did First And Second quarter — Earnings were reduced by a tax dispute with Brazilian authorities. Shares of Netflix fell about 6% in extended trading stateside on Tuesday.

But no other media company looks set to dethrone Netflix as the king of streaming anytime soon. Warner Bros. Discovery said Tuesday that it is open to a sale — and that Netflix is ​​an interested buyer — although Warner Bros. is moving on Split into two companies Meanwhile elsewhere, of Comcast NBCUniversal is currently on is shutting down its cable networkThat includes CNBC. These moves suggest that legacy media is still finding its footing in the streaming era ushered in by Netflix.

While there are many factors that contribute to Netflix’s golden status, its shows are often the main characters. Released in June, “KPop Demon Hunters” was a hit. It’s now the company’s most-watched movie, reaching 325 million views, and certainly played a big role in Netflix’s best ad sales quarter in the third quarter. Even if the streaming giant’s earnings have stumbled during that period, Netflix is ​​still showing other media companies how it’s done.

— CNBC’s Sarah Whitten contributed to this report.

Gold is getting knocked on the door on Tuesday – it’s still the hottest trade of the year

Global trade concerns, expectations of a rate cut by the Federal Reserve and a weakening US dollar have boosted precious metals in 2025. But the size of those returns is unusual for gold and silver, especially when the stock market is doing well.

Investors are looking at them as rare assets.”Currency Depreciation” trade Wall Street picked up pace. The trade meant investors were hedging against government debt and money printing, moving into gold and other assets to drive down the value of the US dollar.

– Sean Conlon