Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
Before the winner would even get a dime, more than $54 million would be withheld for federal taxes. Much more would likely be due at tax time.Personal Financeread more
People investing in some technology stocks should not expect them to go up anytime soon, warns the "Mad Money" host.Investingread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
Shares of Netflix plunged Thursday, a day after the company reported disappointing U.S. subscriber growth in quarterly earnings.
By 2 p.m. EDT, Shares of Netflix were down 8 percent, just above $101.
Before the market opened Thursday, Nomura senior analyst Anthony DiClemente said the big driver for the stock is the company's prospects overseas and the draw of its original content.
Netflix said Wednesday it added a net 2.74 million new international subscribers in the third quarter, compared with internal estimates for 2.4 million and 2.04 million a year earlier.
"Really, that's the story of the stock. It's the international expansion, the global scale," DiClemente told CNBC's "Squawk Box."
Netflix will expand into Spain, Italy and Portugal in the second quarter and enter South Korea, Hong Kong, Singapore and Taiwan in 2016. In regards to its international business, the company said it planned "to run around break-even through 2016 and to deliver material profits thereafter."
In the United States, Netflix added 880,000 members, well below analysts' forecasts for growth of 1.19 million subscribers, according to StreetAccount. Its profit of 7 cents per share on $1.74 billion in revenue came in just below expectations.
The company blamed the shortfall on a wave of new credit card issuances, as vendors ran into a deadline to transition to chip-enabled cards in the quarter. That prevented some customers from renewing their memberships, Netflix said.
DiClemente called that involuntary churn a temporary phenomenon, and said the long-term narrative remains in tact. He reiterated his price target of $125 before the start of trading on Thursday.
Read MoreAnalysts love the Netflix price hike
According to surveys conducted by RBC Capital Markets, the number of Netflix users voluntarily canceling subscriptions is at a record low, Mark Mahaney, lead Internet analyst at RBC, told CNBC's "Squawk Alley" on Thursday.
"For now we're taking the company at face value when they say they had an involuntary churn issue in the U.S. in the third quarter. That better correct in the third quarter, and we think it will," he said.
Asked about the rising cost of content, DiClemente said Netflix's guidance that U.S. profit margins would reach 40 percent by 2020 deflects some of that concern.
Netflix will be able to achieve that margin level in part by shifting its content mix toward more original series, DiClemente added. He noted the company has said this content generates more viewership per dollar spent than syndicated programming yields.
The streaming company has become known for series like "House of Cards" and "Orange is the New Black." Netflix said its new show based on the life of drug lord Pablo Escobar, "Narcos," was a key driver of international subscriber growth.