Netflix shares jump 10% to hit record high as strong subscriber additions ease growth worries
Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes. The company, widely seen as the winner of Hollywood’s streaming wars, saw its stock rise nearly 10% and was set…
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European shares jump 1% on tech boost; ECB meet in focus
European shares opened more than 1% higher on Thursday, buoyed by strong performances among technology stocks, while investors awaited the European Central Bank’s rate decision due later in the day. The pan-European STOXX 600 index was up 1.2% at 514.17 points, as of 0708 GMT, and set for the best day in nearly one month,…
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