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Netflix Plunges After US Revenues Miss, Dismal Q2 Guidance, Hastings Stepping Down As Chairman
Netflix Plunges After US Revenues Miss, Dismal Q2 Guidance, Hastings Stepping Down As Chairman
After staging a powerful rebound in the past two months, when first weak Q4 earnings sent the stock plunging to multi-year lows, which however was offset by the end of the company's expensive pursuit of HBO/Warner Bros. Discovery , and which sent the stock almost 50% higher from $75 to $108,moments ago Netflix reported Q1 earnings which were mixed but guidance was especially poor and rekindled the same fears as those unveiled three months ago, and...
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Jun 6, 2026 / Tyler Durden
Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over
Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over
By Herman Trabish of UtilityDive
Protesters shouting affordability complaints and chanting slogans interrupted a speech by NV Energy President and CEO Brandon Barkhuff on Wednesday. Barkhuff was speaking to some 1,000 utility executives and electricity industry stakeholders during the Edison Electric Institute 2026 conference at the Fontainebleau Las Vegas.
After being escorted out by security, the protesters spoke to the media outside the hotel to demand the cancellation of a daily demand charge for NV Energy customers...
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Mar 9, 2026 / Tyler Durden
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
Update (1055ET):
G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets.
Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...
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Apr 15, 2026 / Tyler Durden
Italy's Anti-Israel Opposition Declares 'Victory' After Meloni Suspends Defense Pact
Italy's Anti-Israel Opposition Declares 'Victory' After Meloni Suspends Defense Pact
Italy has suspended the automatic renewal of its defense agreement with Israel amid the ongoing US-Israeli war on Iran, now 'paused' as a two-week ceasefire holds in order to give a chance for talks.
Prime Minister Giorgia Meloni announced the significant status change following weeks of tensions over the Israel question, and after other European governments like Spain and France have heaped criticism on Trump's Operation Epic Fury. "The government, considering the situation we are experiencing, has decided to suspend the...
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