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$NFLX said that for 2Q16, it expect to add 2.5MM members with 0.5MM in the US and 2MM internationally compared to the prior year 2.4MM. In the US, $NFLX's 2Q16 net adds forecast of 0.5MM is inline with prior years, taking into account a modest impact from the beginning of unÂgrandfathering. For 2Q16, $NFLX expects revenue of $1,964MM.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.