الاقتصادية
47 billion riyals: The cost of Saudis’ wasted resources from flatbread to lavish feasts
Kuwait Reports Attack on Power and Water Desalination Station Causing Facility Damage
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UAE Condemns Renewed Iranian Attacks on Bahrain, Kuwait, Qatar, and Jordan
Gold prices rise today in Saudi Arabia reaching 501 riyals for 24-karat gold
Source: الاقتصادية
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Netflix's stock dropped approximately 9.5% in pre-market trading following the release of lower-than-expected earnings forecasts, raising investor concerns about the company's ability to sustain future growth rates. Despite efforts to diversify revenue streams through increased advertising and price hikes, Netflix faces rising competition from traditional media companies and social media platforms. The stock has declined more than 44% since its peak in June 2025. The company projected earnings and revenues below expectations for the second quarter and downgraded its outlook, amid fears of weaker content in the second half of 2026 compared to last year. This situation reinforces a negative outlook on future performance.
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