Netflix Profit Up, Stock Down | Business and Finance News

Netflix’s Q2 profits soared thanks to new subscriptions and price hikes, but a disappointing earnings outlook sent its stock plummeting after hours. Big hits like “Swapped” and shows such as “I Will Find You” and “The Polygamist” kept viewers hooked, while AI-driven tools promise smarter content discovery. And in a major pivot, Netflix has officially dropped its bid to buy Warner Bros. Discovery’s streaming unit — leaving investors focused on what’s next. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9867abbfa686b08d