Netflix recently faced a surprising financial setback due to a tax issue in Brazil. The company had to pay a huge $619 million in taxes. This unexpected expense lowered Netflix's profit margin for the quarter. The stock price dropped by more than 6% as a result. This tax, known as CIDE, is unique t
Netflix's latest true crime series, The Ed Gein Story, has taken the streaming world by storm. It's been on top of Netflix's global charts for two weeks straight. The show, part of the Monster anthology series, has been a big hit with viewers, but not so much with critics. The numbers are impressiv
Netflix is diving headfirst into the world of generative AI, even as the entertainment industry debates its role. The streaming giant recently shared in its quarterly report that it sees AI as a powerful tool to boost creativity, not replace it. CEO Ted Sarandos made it clear that AI won't turn anyo
This week, Bitcoin ETFs in the US faced a tough time with over $1. 2 billion leaving these funds. On Friday alone, the eleven spot Bitcoin ETFs saw $366. 6 million flow out. BlackRock's iShares Bitcoin Trust had the biggest loss, with $268. 6 million leaving. Fidelity and Grayscale also saw big outf
Meghan Markle, the Duchess of Sussex, recently spoke about the future of her Netflix series, "With Love, Meghan, " during an event. She was quite mysterious about the show's future but did drop some hints. The first season of the show came out in March 2025, and the second season followed in August
Wall Street has been quick to jump on the crypto bandwagon, especially when prices were soaring. They rushed to create and sell ETFs linked to altcoins, which are known for their wild price swings and low trading volumes. But the recent crypto crash has shown just how risky these investments can be.
In the world of cryptocurrency, Litecoin (LTC) made a notable move on Thursday. While many other cryptocurrencies were taking a step back, Litecoin jumped by more than 10%. This surge brought its price to $131, a level not seen in quite some time. What's more, the number of Litecoin transactions sky
Last week, Bitcoin and Ethereum ETFs saw a massive surge in investments, pulling in over $3. 17 billion. This brought the total for the year to a staggering $48. 7 billion, already surpassing last year's record. Bitcoin funds alone accounted for $2. 6 billion, while Ethereum funds brought in $338 mi
The investment world is buzzing with activity around the BlackRock U. S. Carbon Transition Readiness ETF (LCTU). This fund, which focuses on companies with lower carbon emissions, has seen some big moves from major players. Ascent Group LLC recently trimmed its stake in LCTU by 3. 6%, selling off 3
The crypto market is showing a mix of trends and predictions. Bitcoin and Ethereum are trading sideways, while Dogecoin is gaining momentum. Spot Bitcoin ETFs saw a significant inflow of $197. 7 million, but spot Ethereum ETFs experienced an outflow of $8. 5 million. This shows that investors are st
