Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix’s ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.
European markets close higher after ECB cuts rates for the third time this year
European markets closed higher on Thursday as traders assessed a flurry of corporate results and the European Central Bank’s third interest rate cut of the year.
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.
UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
Technology giants could face “significant” fines if they don’t comply with the U.K.’s internet safety regulations, the British media regulator Ofcom warned Thursday.
European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook
This was CNBC’s live blog covering the European Central Bank’s October meeting.
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
CNBC Daily Open: Strong earnings, macro conditions propelling stocks up
With monetary policy easing, the economy staying strong and inflation cooling, stocks look like they have stamina to keep going higher.
A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
New European Union rules requiring businesses to bolster their cyber defenses are already off to a messy start.
Uncovering the mysterious side of art pricing. ‘Everyone’s trying to make money’
Galleries don’t always display prices, making the art world mysterious, or possibly even “shady,” according to some insiders.
Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe’s top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.
