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Netflix's decision to cease reporting subscriber numbers in 2025 shifts Wall Street's attention towards profit and revenue metrics
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In its first-quarter shareholder letter, Netflix announced its intention to discontinue reporting quarterly subscriber gains, signaling a shift away from focusing solely on customer acquisition metrics.
Wall Street is revising its expectations for rate cuts, now considering the possibility that they may not commence until March 2025.
Economists and strategists are adjusting their outlook on interest rate cuts, now projecting that the Federal Reserve may delay any reductions until at least September. Some are even considering the possibility of no rate cuts for the entirety of this year.
Before the market opens, Boeing will announce its quarterly results. Here's what Wall Street anticipates
Before the commencement of trading on Wednesday, Boeing is set to unveil its quarterly results. Analysts surveyed by LSEG are forecasting a loss of $1.76 per share and revenue of $16.23 billion for the period.
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