Netflix Shares Tumble Ten Percent After Revenue Misses Analyst Estimates

Engagement Metrics and the Shift to Annual Reporting

Netflix shares tumbled more than 10% on Friday after the streaming giant reported second-quarter revenue of $12.56 billion, missing analyst expectations, and issued a lukewarm forecast for the third quarter. The company also announced plans to shift its What We Watched engagement reports to an annual cadence beginning in 2027. Investors reacted sharply to the … Read more

Astro Malaysia unit disposes of Dengkil property for RM92mil

MEASAT Broadcast Network Systems Sells Cyberjaya Commercial Property to AIMS Central

Astro Malaysia Holdings Bhd is moving to divest a significant non-core asset as it navigates a period of financial pressure. The group’s wholly-owned subsidiary, MEASAT Broadcast Network Systems Sdn Bhd (MBNS), has entered into a conditional sale and purchase agreement (SPA) to dispose of a commercial property in Cyberjaya, Selangor, to AIMS Central Sdn Bhd … Read more

Trump Media to sell fast feed of ‘market-moving’ posts to Wall Street

Truth PSI and the Wall Street Data Feed

Trump Media & Technology Group is launching a paid API service on August 1 to provide institutional traders with licensed, real-time access to Truth Social posts. The move faces sharp criticism from ethics experts and lawmakers, who characterize the sale of expedited access to presidential communications as a conflict of interest. Truth PSI and the … Read more

Netflix Stock Drops on Revenue Miss, Engagement Update

Financial Forecasts and Regional Performance

Netflix shares fell more than 9% in premarket trading following the company’s second-quarter earnings report released on July 16, 2026. While the streaming giant’s earnings per share beat analyst expectations, its revenue narrowly missed estimates, and its third-quarter outlook disappointed investors. The company reported $12.56 billion in revenue for the second quarter, representing a 13.4% … Read more

10 جنيهات تراجع فى سعر الذهب اليوم الجمعة.. وعيار 21 يسجل 5800 جنيه

Gold Prices in Egypt See Fluctuations Amid Global Economic Uncertainty

Gold Prices in Egypt See Fluctuations Amid Global Economic Uncertainty Gold prices in Egypt experienced a notable downward shift on Friday, July 17, 2026, with an average decrease of 10 Egyptian pounds across various karats. This movement followed a more significant decline during the previous day’s trading session on Thursday, when the price of 21-karat … Read more

China ‘strongly dissatisfied’ with nationalisation of British Steel

China 'strongly dissatisfied' as UK nationalises British Steel

China ‘strongly dissatisfied’ as UK nationalises British Steel The United Kingdom government has officially brought British Steel into public ownership, a move designed to secure domestic steel production that has drawn sharp condemnation from Beijing. The nationalisation, which took effect this week following the passage of the Steel Industry (Nationalisation) Act 2026, marks the end … Read more

Global stocks fall as AI trade goes into reverse

Dan Ives and the semiconductor sector rally

Micron Technology’s stronger-than-expected earnings report on Tuesday provided a critical lift to global tech markets following a period of intense volatility. The company reported revenue of $41.5 billion and earnings per share of $25.11. These figures landed well above the Wall Street consensus of $35.9 billion in revenue and $20.86 in earnings per share. Gross … Read more

Marcos pitches upper-middle-income Philippines to Singapore investors

Strategic Reforms and Infrastructure Goals

President Ferdinand R. Marcos Jr. positioned the Philippines as a prime investment destination during a working visit to Singapore this week, highlighting the country’s economic resilience and a series of newly enacted business reforms. Speaking at a roundtable discussion hosted by the Milken Institute at the Philippine Embassy, President Marcos emphasized the nation’s potential, citing … Read more

Breaking the silence: Zimbabwean youth leader calls for urgent investment in mental health

Tanatswa Amanda Chikaura Leads Youth-Driven Mental Health Efforts in Zimbabwe

Tanatswa Amanda Chikaura Leads Youth-Driven Mental Health Efforts in Zimbabwe Tanatswa Amanda Chikaura, a 26-year-old PhD researcher at the University of Cambridge and founder of the Zimbabwean nonprofit Ndinewe Foundation, is advocating for culturally relevant mental health support for young people. The organization, which translates to “I am with you” in Shona, focuses on providing … Read more

Truth Social Parent to Sell Faster Access to Trump’s Posts

The Service: Speed for Traders, Concerns for Ethics

Trump Media & Technology announced plans to sell real-time access to high-ranking Truth Social posts, including those from President Donald Trump, to Wall Street firms, sparking ethics concerns as stock prices plummeted 70% since his 2025 inauguration. President Donald Trump’s media company, Trump Media & Technology Group, is set to launch a paid data service … Read more