Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
Facebook also says it's reacting faster to illicit sales of drugs and firearms.Technologyread more
Boost Mobile founder Peter Adderton said details of Boost's wholesale deal with a combined Sprint-T-Mobile would dictate if the brand can compete.Technologyread more
Amazon is reportedly getting into the wearables space. It would help the company learn more about customers and potentially corner the market on a demographic of older, sicker...Technologyread more
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
"This time, another temper tantrum, again. I pray for the president of the United States," Pelosi said. "I wish that his family or his administration or his staff would have...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Netflix topped quarterly earnings estimates and barely missed revenue estimates on Wednesday as the company continues to expand its original programming.
After the earnings announcement, the company's shares rose in after-hours trading. (Click here to track the latest quote for its stock.)
The company posted second-quarter earnings fell to 6 cents per share from 16 cents a share in the year-earlier period.
Revenue increased to $1.64 billion from $1.34 billion a year ago. International revenue grew 48 percent during the quarter despite currency headwinds.
Analysts had expected the company to report earnings of 4 cents a share on $1.65 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company reported a record 3.28 million net new additions, topping estimates. Analysts had expected 2.46 million net additions, according to FactSet.
"We know the subscriber numbers are almost more important than the actual fundamentals," said Christine Short, Estimize senior vice president. "It's the barometer for the return on investment of their original content, which has been widely popular."
The company is facing increased competition from competitors like Amazon, which has been focusing more on original programming, as well as new services such as HBO Now and Showtime Anytime.
Earlier this week, Comcast announced a new video streaming service that would allow its Internet users to watch live TV from about a dozen networks. The service, called Stream, will launch in Boston at the end of the summer with a price tag of $15 a month.
Last week, Netflix announced the rollout of its upcoming set of original movies. The company announced four feature-length films, with the first, "Beasts of No Nation," slated to premiere in October, both in select U.S. theaters and on Netflix globally.
Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and CNBC.com.