Netflix reportedly considering raising price of ad-free tier, stocks tumble on rising yields: Yahoo Finance Live

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Netflix (NFLX) shares are in focus after the Wall Street Journal reported that the streaming service plans on raising the price of its ad-free tier after a deal is reached with the actors’ union. On Wall Street, all three of the major indices are trading lower as the U.S. 10-year Treasury Yield (^TNX) hit levels not seen since 2007. Trending tickers on Yahoo Finance today include Airbnb (ABNB), POINT Biopharma Global (PNT), and McCormick & Company (MKC).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - Kavita Gupta, Delta Blockchain Fund3:20 p.m. ET - Gerard Cassidy, RBC Capital Markets Managing Director3:35 p.m. ET - Greg Daco, EY Chief Economist3:35 p.m. ET - Kevin Mahn, Hennion & Walsh CIO4:20 p.m. ET - Kelly Pedersen, PwC US Retail Leader

Netflix shares are in focus after the Wall Street Journal reported that the streaming service plans on raising the price of its ad-free tier after a deal is reached with the actors’ union. On Wall Street, all three of the major indices are trading lower as the U.S. 10-year Treasury Yield hit levels not seen since 2007. Trending tickers on Yahoo Finance today include Airbnb , POINT Biopharma Global , and McCormick & Company .3:20 p.m.

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Billionaire investor Bill Ackman says he would be 'absolutely' interested in a deal with Elon Musk's X However, Ackman — who is worth $3.6 billion as of Sunday — told the WSJ he doesn't know if X is interested, or if the deal is doable.Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, a UBS note seen by Reuters shows.

 

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HP upgrade, Ford lay offs, Warner Music: Top StocksBank of America analysts issued a double upgrade on HP Inc. (HPQ) shares, promoting the stock to 'Buy.' Ford (F) temporarily lays off 330 additional workers amid the ongoing UAW strike. Lastly, Warner Music Group (WMG) stock was upgraded to 'Buy' by UBS analysts. Yahoo Finance Live anchors Brad Smith and Seana Smith take a closer look at several trending stocks from the Nasdaq MarketSite. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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