Netflix Shares Tank: What Caused the Free Fall?

The transcript discusses Netflix's recent performance, highlighting a miss in subscriber growth compared to analyst expectations, despite a strong earnings per share. It also covers HBO's announcement of a new online-only subscription service, which could impact Netflix. The transcript notes a significant drop in Netflix's stock price. Additionally, American Express's earnings beat estimates, with new initiatives in electronic payments and customer engagement. Finally, Netflix's earnings forecast for the next quarter falls short of analyst estimates, raising concerns about future performance.

How did Netflix's international streaming subscriber growth compare to analyst expectations?

• It was not reported.

• It fell short of expectations.

• It exceeded expectations.

• It matched expectations.

What new service did Time Warner announce for HBO?

• A cable-only subscription service

• An online-only subscription service

• A pay-per-view service

• A free trial service

What was the percentage drop in Netflix's stock during trading?

• 10%

• 14%

• 20%

• 5%

How did American Express's third-quarter earnings per share compare to estimates?

• It matched estimates.

• It was not disclosed.

• It exceeded estimates.

• It was below estimates.

What new initiative did American Express introduce for its customers?

• Providing free credit reports

• Launching a new credit card

• Allowing points to be used at McDonald's

• Offering discounts on flights