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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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May 20, 2026 / Tyler Durden
South African Farming Crisis May Trigger Food Shortages Across The Continent
South African Farming Crisis May Trigger Food Shortages Across The Continent For decades South Africa has operated as the breadbasket for half of the African continent, and the vast majority of that food was grown by white farmers (Boers and Afrikaners).  In other words, the very survival of Africans has long been dependent on the hard labor of the white people they are taught to despise. South Africa has around 142 race-based laws which largely discriminate against white citizens, especially when property, business and government office is involved.  The Expropriation Act...
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Jul 30, 2026 / Tyler Durden
IRGC Boasts Of Fully Intact Speedboat Fleet For 'Swarm Attacks' In Hormuz
IRGC Boasts Of Fully Intact Speedboat Fleet For 'Swarm Attacks' In Hormuz Via Middle East Eye As renewed attacks between Iran and the US expand into Iraq and Yemen, the Hamshahri daily, which has close ties to the Islamic Revolutionary Guard Corps (IRGC), has dedicated its front page to a report on the force's speedboats in the Gulf. On Wednesday, the daily described the boats as the "winning card in the Persian Gulf" and said they are one of the main elements of Iran's deterrence against an expansion of US attacks. "The fleet has...
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Jul 8, 2026 / Tyler Durden
Some College Students Are Testing At The Level Of 10-Year-Olds
Some College Students Are Testing At The Level Of 10-Year-Olds Via Futurism, Are you smarter than a 4th grader? Gone are the days of university freshmen reading classical philosophers like Plato or contemporary pedagogues like Ta-Nehisi Coates. These days, incoming college students are lucky if they can get through Judy Blume’s “Tales of a Fourth Grade Nothing.” According to a new “Survey of Adult Skills” conducted by the Organization for Economic Co-operation and Development - a forum for 38 high-income, predominantly Western countries - a not insignificant number of adult students enrolled in higher education...
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