Netflix Subscribers Surge, Stocks Soars in Overnight Trade

TheStreet
Netflix Subscribers Surge, Stocks Soars in Overnight Trade

Netflix ( ) says shows like 'Stranger Things' and 'Narcos' helped it crush subscriber expectations. The streaming music company reported a surge in new subscribers, especially international. The subscriber numbers beat expectations by 50%. Netflix also says it plans to grow more internationally and will spend $6 billion on new content next year versus $5 billion this year. UnitedHealth (UNH) also says both earnings and revenue were higher than expected. The health insurer also raised its full year guidance. UnitedHealth's shares are up nearly 14% year to date. The old talk about the birds and the bees is being replaced, by the talk about money. Chase and the University of Colorado says 96% of Americans believe talking to kids about money is important. President Barack Obama meets with Italian Prime Minister Matteo Renzi today. A key gauge of inflation, consumer prices, is released today.

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