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blockonomi.com Netflix (NFLX) Stock: Q3 Earnings Miss Estimates as Brazilian Tax Issue Impacts Margins

TLDR Netflix reported Q3 revenue of $11.51 billion, missing analyst estimates of $11.52 billion and its own guidance of $11.53 billion. Earnings per share came in at $5.87, falling short of the $6.94 analyst expectation and the company’s $6.87 forecast. Operating margin hit 28% instead of the forecasted 31.5%, due to an unexpected expense from [...] The post Netflix (NFLX) Stock: Q3 Earnings Miss Estimates as Brazilian Tax Issue Impacts Margins appeared first on Blockonomi.

bitcoinist.com Challenges In Stablecoin Law Stalls Senate’s Progress On New Crypto Bill – Report

According to a recent report by Roll Call, US Senator Cynthia Lummis, an advocate for digital assets in Congress, is delaying the upcoming crypto market structure bill as the Senator is reluctant to revisit a provision from the recently passed GENIUS Act, which prohibits stablecoin issuers from offering interest payments. Lawmakers Split Over Crypto Interest […]