NEW Biscuits with possible plastic pieces, metal found in ground pork: Here are the recalls for this week
Here are the latest recalls Canadians should watch out for, according to Health Canada and the Canadian Food Inspection Agency.
Netflix shares fell on Friday, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 sowed doubts in investor minds about growth peaking in some markets for the streaming pioneer.
The decision to hold back crucial metrics that have moved the stock market comes as Wall Street analysts expect subscriber growth for Netflix in North America and Europe to saturate.
"Investors like transparency and the market has judged Netflix on its subscriber success ever since it has been on the stock market," said Russ Mould, investment director at AJ Bell.
"To many, it is a valuable metric and hiding it comes at a time when many people are wondering if Netflix has reached maturity in many regions."
Netflix added new customers in the first quarter, but its second-quarter revenue forecast missed market expectations of US$9.54 billion late on Thursday. It also decided not to report subscriber additions and average revenue per member from the first quarter of 2025.
"While this is partially a sign of Netflix's unrivalled market share, it also raises questions about the streamer's ultimate ceiling in the current landscape," said Brandon Katz, entertainment industry strategist for Parrot Analytics.
Netflix's stock fell 6.5% to $570.34 in early trading and if losses hold, its market valuation was set to fall more than $17 billion to about $247 billion.
The slide also weighed on the shares of peers Roku and Walt Disney, which fell 1.5% and 1.2%, respectively.
Other technology companies such as Meta's Facebook and social platform X too had earlier stopped reporting monthly active users as growth slowed.
For Netflix, investors will also keep a close watch on how sustainable is its paid sharing initiatives, Goldman Sachs analysts said, while the removal of crucial metrics will add to the debate.
On the brighter side, Wedbush analyst Alicia Reese said competitors are likely to continue to struggle in their effort to replace Netflix's business model, thanks to its "insurmountable lead."
Netflix said its ad-supported streaming plans helped attract 9.3 million new customers, nearly double the consensus forecast of analysts polled by LSEG, bringing the global tally to 269.6 million at the end of March.
"The bigger question now will be how Netflix continues to keep churn to a minimum, when rivals catch up with their own cheaper plans," said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown.
Netflix's shares outperform rival streaming content providers https://reut.rs/4d7fBaX
(Reporting by Roshan Abraham, Akash Sriram and Harshita Mary Varghese in Bengaluru; Editing by Pooja Desai and Arun Koyyur)
Here are the latest recalls Canadians should watch out for, according to Health Canada and the Canadian Food Inspection Agency.
Ontario’s Special Investigations Unit has released new details about a wrong-way collision in Whitby on Monday night that claimed the lives of four people.
A new poll suggests a majority of Canadians feel their right to freedom of speech is in danger.
A source close to singer Britney Spears tells CNN that the pop star is 'home and safe' after she had a 'major fight' with her boyfriend on Wednesday night at the Chateau Marmont in West Hollywood.
Emotional support animal registrations in the United States reached 115,832 last year, by an industry group’s count. But in the eyes of reptile rescuer Joie Henney, there’s only one: 'Wally Gator.'
The federal government will provide Toronto just over $104 million in funding to host the 2026 FIFA World Cup.
Tiger Woods accepted a special exemption for the U.S. Open at Pinehurst No. 2, the first time the three-time champion has needed an exemption to play.
What do you need to pack for a cruise? When it comes to this upcoming cruise from tour and travel company Bare Necessities, the answer appears to be very little.
Danny DeVito had the opportunity to know way more about Drew Barrymore than the rest of us.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.