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Netflix Freeloaders Really Have to Kick In Now
The delayed launch of paid sharing has pushed expected benefits to the latter half of the year. Source link
Track How U.S. Banks Are Faring in First-Quarter Earnings
In March, banks experienced one of their worst months this century. The collapse of Silicon Valley Bank and Signature Bank sparked widespread fears about potential deposit runs and declining
Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
Amazon's Slowdown Has Yet to Pinch Its Landlord
Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. Source link
Goldman Sachs Reports Lower Profit
Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source
Apple Opens Its First Retail Store in India
The tech company opened a bricks-and-mortar location in Mumbai and is planning to open a second location Thursday in New Delhi. Source link
Demand for Obesity Drugs Has Insurers Paying Close Attention
Markets Heard on the Street Strong sales of obesity-diabetes drugs known as GLP-1s could affect insurance companies’ financial results Source link
State Street, Schwab See Deposits Drop
Banks across the board are under pressure to pay depositors more as interest rates continue to rise. Source link
Stocks Waver as Investors Weigh Higher Rates
The S&P 500 and bond yields edged higher as investors braced for a busy week of earnings. Source link
WeightWatchers Gets a Makeover With Obesity-Drug Business
Markets Heard on the Street The decision to get into the business for drugs such as Ozempic makes sense Source link