Bloomberg News and Videos — Page 142

Netflix shares fell more than 7% in after-hours trading following the release of quarterly results that were largely in line with estimates but showed slight misses on earnings per share and revenue guidance for the third quarter. Evan Shapiro, Former Head of NBC Universal's SEESO streaming service and former president at IFC TV and Sundance Channel, explained that while Netflix won the initial streaming wars centered on subscriptions, the market has evolved into a 'free TV economy' dominated by platforms like YouTube and free ad-supported services such as Tubi and Roku Channel. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Sen. Chris Murphy (D-CT) told David Gura at the Aspen Security Forum that the war with Iran is the "most significant foreign policy disaster in the last 20 years." Five months into the war, the US is confronting the limits of its military power against a determined adversary in a critical global chokepoint. As the flow of shipping through the strait dwindles, rising oil prices are adding to the pressure on President Donald Trump.

David Steinbach, Global CIO and Managing Partner at Hines, discusses the current state of the US real estate market. Despite ongoing supply constraints across apartment, industrial, and retail sectors, Hines' midyear outlook indicates a softer leasing environment rather than a broad rebound. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to Netflix's earnings and forecast. He speaks on "Bloomberg The Close."

Netflix projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts' expectations. Second quarter results were in line with Wall Street's consensus. Geetha Ranganathan has more on "Bloomberg The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Maureen O'Connor, global head of high grade debt syndicate at Wells Fargo, and Meghan Robson, head of US credit strategy at BNP Paribas, join Scarlet Fu on "Bloomberg Real Yield." They discuss risks surrounding hyperscaler credit.

Kay Herr, CIO of US GFICC JPMorgan Asset Management, joins Scarlet Fu on "Bloomberg Real Yield." They discuss consumer loans and hyperscaler issuance.

President and Chief Strategy Officer, Anduril Industries Chris Brose sat down with Bloomberg's David Gura on the sidelines of the Aspen Security Forum in Colorado. They spoke about the need to grow the global annunication supply as well as the reality that protracted conflict is coming back to the US.

Bloomberg's Shruti Singh joins Scarlet Fu on "Bloomberg Real Yield."  For almost two decades, Chicago has been stewing over a $1.15 billion deal to lease 36,000 parking meters to an investor group led by Morgan Stanley. Now, with the meters set to change hands, the city council is seizing on an opening to push back.