The White House has threatened to slap tariffs on apparel and footwear, leading retailers to speak out about how this would hurt business.Retailread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
Comcast is working on a device to monitor people's health at home, as well as some media and communications services, according to people familiar with the plans.Technologyread more
Stock pickers are having their best year in a decade, according to Bank of America Merrill Lynch.Marketsread more
Craig Irwin of Roth Capital Partners said Apple tried to buy Tesla six years ago for a higher price than where the stock now trades.Technologyread more
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97 per share appears to be a gimmick.Investingread more
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her...Politicsread more
U.S. aviation officials believe a bird strike may have led to the deadly crash of an Ethiopian Airlines Boeing 737 Max in March, according to a person familiar with the...Aerospace & Defenseread more
The escalating trade war between China and the U.S. could increase pressure on the overall economy, according to Boston Fed President Eric Rosengren.The Fedread more
May outlined her new Brexit proposals which are being voted on by politicians next month.Europe Marketsread more
Netflix lifted the veil on some of its viewership numbers for top-performing content such as "Bird Box."
While the numbers paint a slightly clearer picture of Netflix's viewership, it still doesn't show exactly how many people have viewed the content, as it reported these numbers based on "member households," which leaves room for ambiguity since subscribers often share accounts.
Overall, Netflix said it serves about 100 million hours of video per day, earning an estimated 10 percent of all time spent in front of the TV in the U.S.
Netflix said its hit of the season, "Bird Box," featuring Sandra Bullock and inspiring countless memes, reached 80 million member households in its first four weeks on the streaming service.
By way of comparison, during the week of Jan. 7, the top TV show was an NFL playoff game between the Los Angeles Rams and Dallas Cowboys on Saturday, Jan. 12, which drew 33 million viewers, according to Nielsen. The top scripted show, "The Big Bang Theory," drew over 13 million.
"One thing this quarter that's been incredibly exciting [is] when you see a big number like 'Bird Box' and 'You'," Chief Content Officer Ted Sarandos said during the company's earnings interview. "These shows are playing incredibly globally. So it's an interesting thing when you can tap into the global zeitgeist with something, which gets me very excited about the potential scale of the content business."
The company also highlighted several of its international projects. Netflix said its original from Spain, "Elite," was watched by over 20 million member households worldwide in the first four weeks. "Bodyguard," co-produced with BBC One; "Baby," an original series from Italy, and "Protector," an original series from Turkey, all reached more than 10 million member households in their first four weeks, the company said.
There was still one notable hit that Netflix didn't disclose numbers for: "Black Mirror: Bandersnatch." Instead, the company discussed in its earnings letter that the technology used to create the movie, its first interactive choose-your-own-adventure-style flick, will be used for interactive projects in the future.
Correction: This story has been revised to reflect the correct date and teams of the most-watched football game during the week of Jan. 7.