Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI 
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Netflix recently reported its strongest quarter for subscriber growth in years despite rolling out price hikes for some subscription plans in the United States, France, and Britain. The surge in new memberships is attributed to the company’s initiatives like password tracking and adding ad-supported tiers.
According to Reuters, Netflix gained almost nine million new subscribers worldwide. This number smashed new customer expectations and surpassed the six million consensus predictions of Wall Street analysts polled by the London Stock Exchange Group (LSEG). As it beat customer expectations, the company’s shares soared by 10% in after-hours trading to $382.99.
New Price Rates for Basic and Premium Plans
Netflix will increase the rate for its Basic plan in the United States - from $9.99 to $11.99 per month. The Premium option will go from $19.99 to $22.99 monthly, and the ad-supported tier will remain at $6.99 monthly. For the Standard plan, there will be no price increase as well, and it will stay at $15.49 per month, MacRumors reported.
In Britain, the streaming company will raise the Basic plan rate by adding just ₤1, now be ₤7.99. For subscribers in France, the Basic price rose by €2 to €10.99.
Subscriber Growth Following Password Sharing Crackdown
The latest subscriber and revenue growth comes after Netflix launched its password-sharing crackdown between households. Its revenue surged for the third quarter after ending the password-sharing practice of customers, and the addition of its ad-supported tier also helped boost not just the number of new subscribers but profits, too. The company reported adding about 247 million new paid global subscribers in the third quarter.
Finally, Investopedia reported that Netflix revealed a net income of $1.67 billion, representing $3.73 per share earnings. Its revenue increased by 7.8%, as shown in its recent Q3 financial posting.
Photo by: BoliviaInteligente/Unsplash
