that is indicative of the netflix investment strategy and the netflix growth strategy. i would imagine there is in fact still a fair amount of growth in those regions. there clearly is not much growth in the u.s. and canada it is a stable streaming service in both countries and maybe maxed out which i think is telling to where the other streaming services are headed. still more in their infancy a year or two old at this point and trying to gain the subscribers. perhaps 74 million until u.s., canada where netflix is now is the ceiling. >> alex, it is interesting to make a comment that during the facebook outage they saw a significant jump in engagement on their platte form and interesting from a netflix viewpoint. facebook is probably pasting it across the defenses on an anti-trust level showing that they're rivals even if one is meant to be social media and one is tv and movies. >> yeah. netflix hasn't been caught in the uts big tech regulatory crackdown. but even netflix threw in a line in the shareholder letter basically as a reminder saying we are quite small and com

>> the beauty of netflix is it has something for everybody. it's not targeted at any one demographic. it has so much content, that it fits an entire household disney's a great product it's a little different in that regard than netflix. some of the subscribers disney got early on, were related to third-party relationships it had. disney's a different animal than netflix and will be successful in it's own right. but netflix's broad-base sd content and essentially replacing tv in many ways. and netflix has the opportunity to have "squid game" and more "squid games." that doesn't work for disney they're a big budget player. >> and talking about what he called off netflix aspects i assume he's referring to gaming he says a company like disney is ahead of us but boy are we making progress. do they want to see netflix get more expansive, rather than the core business we know? >> yes, they do. consumer products is an easy add on disney probably has a hundred million dollars. just look at the success of some of the "squid game" knock off. and in terms

it is not, netflix has that. how do they maintain that advantage? you have to move them to where younger d remos are netflix engagement in terms of time spent went from about four times disney to about six times disney in the quarter. they are growing that advantage. understanding that younger group and thousand skew it -- how to skew it. they are explicit they are not going to have incremal subscriptions, but i think it will allow then to raise price over time. on average their rate went up 7% worldwide in the quarter and disney declined 25%. there is a lot to look at relative to how they are managing this model. >> tom, always great to see you. thank you so much. dan nathan, what will you listen for in this presentation questions are already sent in. what are you listening for >> he brought up gaming. and that it was not disney and the like i think tom brought up their success in movies. we think back to 2019, they had "the irishman" with all of the favorites directing, scorsese, and it was kind of a bomb. then they get this one from south korea a

and premium branded franchise than netflix has i would say what netflix is trying to do is replace all of television every channel on your dial to put it in the old tv terms with the exception of news and sports it wants to have documentaries and wants to have kids content and also have some of these more edgy things and a lot more to where hulu fits in and the whole bundle of disney plus, hulu and espn plus than it is trying to compete with disney directly yes, they're not playing the same game as disney. they'll never have the same big franchises but they want to have some franchises. not about princesses and super hero, but they want to have recognizable brands that they can count on to drive viewership >> that's a good way to put it, julia. hang out for a minute, bring in michael nathanson. talk more about the quarter. great to have you. thanks for the time today. >> thanks for having me. >> you guys have written so eloquently about their model and their global scale and their willingness to take as many shots at the goal as they can but also argued, look, not as deep as amazon del

how are you trading the record run of netflix >> squid games are not -- netflix was dead money from july through august, 2020 to 2021 i think the expectations is subs come in better than the 3.5 million. it was a terrible q 2 number and now you are getting better comps and getting past the tough comps. we talked about the gaming story, acquisition of night school but talking about a concept to putting it into play i have never been a buyer -- a victory lap for tom rogers who has talked about net fliflix foa long time. kudos not only from me, but a lot of other people. i feel like it goes higher >> dan, you may be the one panelist on tonight who may have watched squid game or knew what it was before he would told everybody about it do you like netflix? >> what tim is referring to is jeff bezos tweeted about it, giving them kudos about the quality of the content just when you thought we watched everything on the internet, these guys have been pumping out stuff that like you said, mel, is up there in 90 countries including the u.s. that may be why they have confidence about the sub numbers.

about netflix. nat, the outsized success of "squid game" important there's this metric that often is talked about the efficiency cost versus what viewership brings in. it's been quite high for "squid game" surprise breakout hit. i wonder as you look at squid game versus the dave chappelle special, what does dave chappelle do for netflix certainly it's popular content but it's expensive is there a chance they lose out or is it probably going to work out for them >> yeah. thank you for having me. i think it's very difficult to tell so, it would be difficult not just for us to tell from the outside, it's difficult for netflix to tell. you've seen reports that i've seen that internal estimates suggested that "squid games" would generate 900 million that's difficult to know it probably generated a large amount because it is the fastest show in sub -- in user views that we've ever seen it has the largest google trends effect i think on the order of a third bigger than the witch and i think it's very impor

>> i'm long netflix and bullish netflix, and the main reasons i would look to ad here is netflix did hold up in september which was pretty strong. we saw massive sell-off in september, a correction i should say. so when you are looking at netflix the big thing that investors are looking for is the queue up and the content coming in quarter 4, which we know "squid game" has been a massive success. there's more content in q4 i think will be bullish in the sense of bringing the content to the forefront. i think that's the reason why well-capitalized, obviously the balance sheet is doing well, all of the cash is going into content. i think the big thing in the streaming competition is going to be content and who wins that area i think netflix is doing a really good job. i still would be looking at netflix here >> i will give you the final comment as i'm sure you have seen the excitement around "squid game" the fact that netflix is finally acting like it used to is it time to curb our enthusiasm about this or not >> i think looking at these numbers and the social media growth is a proxy f

tesla, amazon and netflix. tan, it is i think tesla, amazon and net netflix, while e doni don't con with hedge funds, the stocks were going to zero now know who i'm talking about when i say you told me it's going to zero, you losers. if anything, it did the opposite these are some of the most can feel successful companies of all time they spent years coming on air amazon, just a ponzi scheme. a company borrowing billions to become a national book seller. turns out they borrowed billions to become the best run retailer. mo moderna used the platform to crack the code of covid. they want it to be something else it's a record club a business that's more antiquated they decide to sell other people's content via the internet. they will never admit other than to say they got out in time, which i'm sure they didn't that leaves me with tesla. i heard a lot of people talk trash about a lot of stocks. i can't believe many that were derided as tesla musk going to jail these sure sounded like good reasons to short a stock,

how do we set up -- quickly, going into earnings tomorrow for netflix? >> i think for netflix probably not great, to be honest with you. that's a tremendous run. i think the clever thing is probably take money off the table. that's coming from somebody that thinks netflix is probably -- in terms of disney, you know, the flip side of the disney coin, i think it was september 23rd jpmorgan of all people added it to their focus list with a $220 price target goes to show two sides of every market i think disney actually in the mid 160s if it gets there will get interesting again. >>> cramer is taking the other side of today's disney downgrade. why jim is sticking by this stock. ine up for the newsletter. all the information to sign up on the screen. >>> coming up, the day we've been waiting for the first bitcoin futures etf set to launch tomorrow more on that next when "fast money" returns there is something i want to ask you. umm, it's a little soon... the new iphone 13 pro is here. what do you say, switch to t-mobile with me? yes! fall in love with iphone.

about a year ago wasn't all th talk about how netflix hadn't really moved it was slumping. it was too dependent on being driven by hits and disney had this big library and that was the reason to bet on it into the future now netflix has a hit. so it's up and disney is down? can analysts be consistent here? what are the fundamentals that investors should really care about? >> well, i think what we're really talking about, jon, is how much of a pull forward effect the pandemic had. that's really what a lot of this comes down to. yes, there's content how much can content drive growth, but also how many of the subscribers that would ever subscribe to netflix or disney plus have already done it because they were stuck at home streaming a lot of movies and tv shows over the past 18 months or so so i think that these are different services disney has much less content its content is rated much higher, considered much more high quality and one pressure that disney has is being able to ramp up the creation of content at that same level, where as netflix already had a lot more conten

united airlines and netflix are reporting after the bell is netflix moving subs to rivals like disney? we'll break it down. stay with us do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. >>> here is your cnbc news update a judge showing frustration at the slow pace of jury selection for the trial three men accused of chasing and murdering ahmad arbery fewer than 100 jurors have been questioned >>> a navy probe has found major failures by commanders, crew members and others in an arson fire that destroyed an assault ship this according to the associated press, for five days in july of la

, frank, honestly because netflix has struggled in the u.s. there's a lot of competition it's competition for eyeballs. now it's not just tv, it's not just hulu, it's gaming, there's a lot going on, markets are opening up, people are going out, traveling, doing more things so i think netflix may have a tough time. >> we have to switch gears kansas city and southern both reporting. how important is the numbers versus the commentary? >> i think the numbers are going to be huge canadian is buying kansas city, paying a big price, paid a $700 million breakup fee in the second quarter revenues increased by 47% when they report today, i'm going to look at guidance. pent up demand for vehicles, appliances, raw materials, how will that help them in k-2 two third of demand from mexico is -- mexican fuel is imported so that's a big mover for them, what's going on there? canadian national they have issues in canada, positive they have some coal closures so are the coal plants going to reopen? what's that going to do to their demand >> last one, i give you

then tony zhang explains why netflix is anything but chill. and how to cozy up without risking a heart ache plus, like a nerd in an '80s movie, only so many times commodities will be a hero the professor shows you,000 seize the day. >>> and a special earnings trade tonight. it is such a big show we are running out of time. it's time to risk less to make more "options action" starts now. >> let's get to it we have so much to cover tonight. >> we have so much to cover. even with autopilot it is hard to get around. you can't have an earning seasons without talking about tesla. carter, what are the charts saying >> i have two charts, the same as bitcoin which is to say the phenomenon of levels and breakouts and breakdowns and why certain moments matter, it's all technical. just as bitcoin has no earnings, tesla has no earnings. so it's all about charts that is exactly the chart we were looking at in bitcoin bitcoin bounced seven times to the penny off the line why would it stop there? because of the line, the chart the issue is does it or does it

delano, netflix, why is it down today? >> i think it is a mixture of profit take in we have seen the stock do incredibly well over the last couple of months, investors are doing a bit of profit taking we saw a bit of the revenue, inline with projections. a bit of a disappointment for some investors but subscriber growth was strong. we are seeing the net add subscriber growth projected higher for the fourth quarter. netflix again is making it clear they're not just having to battle with other competitors. it is also for all entertainment. so we see the moves they're making in buying game studios, see the moves they're making as far as audio things. it is an area netflix i think will have strength there i think it is still a company where you would want to be holding if you are an investor and you want to make sure. i think it is a good position for investors still, kelly >> mike, what would you -- i mean obviously we know at some point as well once you saturate the u.s. and mature markets you have to grow internationally, b

netflix tonight. bitcoin near 63k we begin with retail traders versus the short sellers a report playing down the meme madness narrative. we'll break it down with gar

and later kwoent still king for netflix. especially talking squado squid game the stock getting price target hikes. our trading nati toneam tells us if it's too late to buy. stay with us i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com this... is the planning effect. this is how it feels to have a dedicated fidelity advisor looking at your full financial picture. this is what it's like to have a comprehensive wealth plan with tax-smart investing strategies designed to help you keep more of what you earn. and set aside more for things like healthcare, or whatever comes down the road. this is the planning effect from fidelity. with nhl cente

netflix is more than that. as we go forward more people return to work, return to doing things, are we going to -- is the childreurn rate people are to switch so they can stream "ted laso" and watching that entire series and getting rid a month from now >> i think the main debate seems to be is too much -- not too much priced in but is so much good news priced in, can they clear the bar. >> that's part of the concerns i mean, you know, earlier coming out of 2020, the stock had been stuck in a sideways range for a long time. it broke out, kind of that 550 to 575 range, it took off. that was a great on a technical basis, everybody loved the stock. it really helped gain a lot of momentum however, it has lost some of the momentum last week we had a real nice week in the stock market good news on the stock, and yet the stock actually closed lower on the week. even today the 1% gain given the news out this week, you know, over the weekend, you would think the stock would be doing better looking at some of the charts,

is it squid game or is it that netflix might be immune? could be a great story or movie down the line. >> or maybe a great stock in that case. a quick programming note the evercore analyst behind that call will be on "closing bell" today and morgan stanley seeing limited upside in the pharma space ahead of q3 earnings they're bullish on pfizer and merck, upping the target by about $3 mostly on covid vaccine and treatment sales and lowering their bristol myers target citing failure in a key drug pfizer and merck in the green this year. a rougher slog for bristol, which is down. >> we lowered our exposure to the traditional pharmas. happily we exited amgen a while back we've been redemploying in cvs and the pricing increases they put forward were just 10% so i think there's better places to be manyin this market >> it's lowest level since early 2020 so even as the number of people have been coming on air and talking about how healthcare is the place to be for stagflation or different reasons it's undervalued we talked about biotechs have bee

do you think netflix is hurt over the backlash by dave chappelle? >> pop culture and pop cancel is a theme in modern hollywood that beats itself up the most about what it is trying to do to improve diversity and the voices to be heard. it is tricky for me to comment on and i wonder -- ricky gervais commented on it. could we make "the office" today? it was recognized by the naacp and groups because we explored real themes about being gay in modern american workplaces and we did it through comedy and i don't know if we would have gotten away with the same way to explore the themes if we launched that show today i would hope that we would and people would let the comedy and the characters shine through and i can't comment on the chappelle specifically because i didn't watch it. >> ben, you have sports documentaries coming out tell us about that and whether you gt more viewers per dollar spent down a document ary route >> beyond international which is more and more competitive and not just netflix but a huge head start and a giant infrastructure globall

it looks like netflix might be the least affected >> they are one of them, but they are leading the market here they have been one of the biggest buyers of content and everybody else is trying to catch up to netflix. so what they do, everyone tries to catch up with, and this is essentially creating this demand that is trickling throughout the rest of the industry. >> matt bellny, punk news. good to see you, thank you >>> yesterday, moderna, today johnson & johnson. an fda advisory panel voted unanimously to recommend boosters for the nearly 15 million of us who got a j&j shot the panel supported giving adults a second dose, at least two months after their first shot experts went with two months instead of six this time because they said the results were stronger with j&j after two months it's a different tlooinl than the within for pfizer and moderna. advisers recommend offering boosters for people who got those vaccines after six months. j&j's shot had its ups and downs during this year u.s. regulators had to temporarily pause the rollout so they could investigate reports of blood

. >>> a gut check on netflix right now trading 3% off its all-time high netflix making it official "squid game" is the biggest series at launch 111 million viewers have tuned in during the first 17 days making the show netflix's first to surpass 100 million in that time period. netflix announcing a book club this in partnership with starbucks. members will be notified whenever netflixs announces its next screen adapitation and a merchandise agreement with walmart, it's clear that netflix is one working to extend the reach of its brands off of its platform and build the kind of fly wheel that has made disney so profitable and, two, going where the eyeballs are walmart, starbucks, giant multi-national platforms and all about scale. >> yeah. and crypto getting some help from silicon valley in washington elon explains. >> the world's biggest crypto fun developing a national tratgy for the next generation and what that should look like. top executives including katie haun and ceo anthony albanese meeting at the white house and ad agencies this week. the agenda includes advocating for risk-base

a committee member joins us and netflix shares up 20% since the beginning of august. an analyst bearish on the stock on whether investors should take profits eaahd of the earnings next week. we are back in just two minutes. and we need insights across our data silos, but how? ♪ if i go there will be trouble ♪ ♪ ♪ wait, we can stay and go. hpe greenlake is the platform that brings the cloud to us. ♪ should i stay or should i go now? ♪ ♪ ♪ this... is the planning effect. this is how it feels to have a dedicated fidelity advisor looking at your full financial picture. this is what it's like to have a comprehensive wealth plan with tax-smart investing strategies designed to help you keep more of what you earn. and set aside more for things like healthcare, or whatever comes down the road. this is the planning effect from fidelity. ever wonder how san francisco became the greenest big city d in america?. just ask the employee owners of recology. we built the recycling system from the ground up, helping san francisco become the first city in the country to h

meeting to try to lock up a deal one stock to watch is netflix. shares around 1.7%. >> higher on third quarter results revenue in line with estimates. always a key above the estimate. saying the streaming giant expects to double that figure as it gets a big bump from fresh content and big hits like squid game >> squid game is incredible. it is the system ted's built with highly distributed vision one of our leaders in korea two years ago that commissioned it there's got to be other amazing ones we don't even know abouts this kind of the million dollar question squid game is an impokt situation. they acquired it for relatively low amount it has been a hit across the globe. i think the bigger, longer story with netflix narcos coming out, seinfeld coming out key success to their content a way to keep them relevant with the genzers. they just seep to be one step ahead of the curve with squid games it highlights where they've been most of the new subscribers added came outside the u.s contributing $2.2 million and net new subscribers. what do you make

. >> netflix reports earnings tomorrow so we're going to hear from that company and when we to, we'll have to talk about what it means for disney >>> up next, carl icahn will join us for an exclusive interview. lots to talk about energy, et cetera. we're back in two minutes. ever wonder how san francisco became the greenest big city in america? just ask the employee owners of recology. we built the recycling system from the ground up, helping san francisco become the first city in the country to have a universal recycling and composting program for residents and businesses. but it all starts with you. let's keep making a differene together. >>> let's talk netflix because i mentioned it before the break. stock's having a nice move up about 17% year-to-date. reports earnings tomorrow. joe, you own it and bought it on september 1st. seems like everybody is now positive on it there were new calls on it today. reiterated a buy at ubs. price target to 720. overweight at barclays 625 is the price target. are we setting ourselves up for disappointment or to realize why everybody's seemingly g

♪ ♪ >>> it's a story that has gained momentum this week the fallout for netflix from its controversial new special by d d dave chappelle some took to twitter voicing their concerns and three employees, then that suspension was, well, suspended ted wrote many letters saying that the specials are some of n n netflix top performing content even though there means there will always be content on netflix some people believe are harmful. perhaps more controversially he said content on screen does not directly translate to real-world harm there is an employee virtually walkout planned for next wednesday. it's unclear how many people will be participating in this. but, john, this does raise the question of how a company like netflix which is so much about the algorithm and about data, how it still does have to make very human decisions that are going to be controversial because they are subjective. >> you know, i would argue that netflix very much a curated human driven company with the decisions that it made about content and what kind of content strategy to pursue with an assist from the alg

or disney, despite the downgrade of disney and weak guide from netflix, maybe that gets more attractive on a relative basis. >> across all of these stocks and arenas of tech there seem to be icebergs beneath the surface for snap that's apple and the ad targeting. intel also had icebergs. that stock is plummets after earnings weaker than expected sales, component shortages hit the company. pc business shrank by 2% during the quarter. some of that due to the loss of apple business the biggest weight on the stock the company's forecasted gross margin and free cash flow will decline in the coming years as it ramps up investment in r&d, builds new chip factories, works on these process technology transitions. intel ceo pat gelsinger going to join us in a couple minutes for more on the quarter, carl. this is such an interesting moment because the stock has lost all of its gains for the year i think it's trading about where it was january 1 before gelsinger was in place he's been very clear about his vision for the company i think in a way the conditions since then are lining up exactly with w

the question for netflix for so long was how much had they pulled forward growth. the company had disappointing results in the first two quarters of the year and they said, look, it is because of production delays. we will have so much new content hitting in the second half of the year, q3 and q4, they anticipated they would see a really big uptick in subscriber additions. now the question is how saturated is the u.s. market, do big hits like "squid game" show that there is more potential here in north america, which is a very saturated market, and what kind of growth arethey going to see internationally the other question that we might hear addressed by netflix is what is their pricing power. maybe they can't add that many more subscribers here in the u.s., but maybe they see opportunity to raise prices down the line now, disney is a different situation. much less content but their content is much more high profile, familiar brands and many would say more popular content even though they have less of it disney also has the struggle of getting enough new content ou

we like netflix but not a top three pick. >> have you seen "secret city" on netflix a secret pick. >> no. >> he might be upgrading netflix again after watching it. >> talk to us about the facebook call because there's a feeling that this is different with the whistle-blower testimony and the fact that congress is understanding maybe what needs to be done or coming together with steps to regulation is that not going to hurt facebook >> it could. we have had three major crises for facebook cambridge politico, pullbacks and boycotts so the stock is shown resilience with the three things that matters why users, advertisers and employees. whether that still all holds up in negative sentiment and negative news, whether that holds up, is hard to know. i think as the company shows the internal research i think the findings are more nuanced than the toxic headlines first indicated. i frankly think that research looking at the slides yourself you come away with the belief that the platforms are influential but not flat-out negative and there's positive elements to them we'll see if that plays o

handling of chappelle's latest netflix comedy special called "the closer." during the standup, chappelle repeatedly mocked the lgbtq plus community and makes jokes that's critics say are transphobic. >> your jokes are promoting hateful and discriminatory behavior and conversation, and that is what hurts us. >> netflix's co-ceo ted sarandos has defended the special now he's responding to the latest fallout with a bit of contrition in an interview with "variety," sarandos admits he screwed up and he should have led with a lot more humanity when dealing with employees who felt attacked by chappelle's comedy routine. whether that settles the controversy is an open question. >>> facebook, it's one of the most recognizable companies on the whole planet now it could get a new name. the company is reportedly considering a rebrand to shift the focus of the company from social media to building its version of the metaverse, or that's what the company says the metaverse is a virtual reality space, one in their minds at the moment, where users would be able to interact

. >>> and dave chappelle breaking his silence over the latest netflix special and he's issuing a bit of a challenge >>> ait's tuesday october 26th, and this is "worldwide exchange." >>> good morning, good afternoon, good evening, welcome from wherever in the world you may be watching us i'm brian sullivan it's looking like a good tuesday morning as the everything rally looks set to roll on futures are higher across the board, all up about.5%, the nasdaq up .6%, the nasdaq and s&p coming off new record highs, the blue chip closing at the 37th all-time high of the year the s&p says, i can top that 56 record high closes for the s&p 500 so far this year out sized gains for the nasdaq and technology as well oh, you might have heard about it, tesla surging to a $1 trillion market cap wow. we're going to get more on that in a moment. >>> also, by the way, as electric car makers move up, we continue to watch oil and gas. oil at its highest level in seven years. it's down a little bit right now but yesterday afternoon broke through 85 a barrel. also a gigantic move and something more importan

netflix is hitting a record high and that stock had been cut in half on eight separate occasions over the last decade cut in half, not down 15%. this is what comes with the territory and when you look at the nvidias and the crowd strikes and the netflixs of the world and chipotle, oh, my god some of the biggest winners of all time, that has been the necessary ingredient sit tight, patience, believe in the big picture and accept the fact that not everybody will be able to hold and there will be selling. sometimes for good reason, sometimes for no reason. so that's where we are with some of the large-cap growth stocks and we've been there before. >> let me ask you this >> i'm not bringing these up as a negative i'm clearly bringing these up as a -- hey, if these things have gone down enough it's time to buy them, right? that's where we are trying to go. >> yeah. so, look, i think that for most investors who, you know, have decades ahead of them they're aware of some of these stocks. they see that they've gone up a lot and they say oh, man, i missed that one or how come nobody told me ab

big cap tech is making a comeback netflix the out performer hitting an all-time high netflix is up 4.5% today, almost at $631 a share. amazon is up nearly 2%, still in negative territory for the year. financials are also leading the rally today. check out some of these names. the qqq invesco trust, that's a little different story, up 1.7%. but charles schwab, goldman sachs, bank of america, wells fargo. goldman is up 3%, up 45% for the year charles schwab getting an initiating in atlantic equities with an overweight let's talk about our personal obsession on the show. look at what is happening across the energy complex look at nat gas, not what you want to see if you are on the receiving end. you are seeing out performance, an 8% gain with nat gas trading and 6.26 per million btus. devon, modest increases today. 2% or 3% in the case of marathon a lot of discussion how nat gas may drag up oil prices and energy prices into the end of the year on the flip side of the equation, over in the ev space it is another rough day for lords town morgan stanley downgraded the stock. analyst adam jona

and expect more squid games from netflix. next year and the year after that from all different parts of the world, that's the netflix magic. >> when i saw a video of my son at soccer yesterday playing red light green, i was pretty freaked out. wilfred hasn't seen it, i'm not going to give away any spoilers. but that game you'll never look at the same way. the international strategy is what stands out here anybody else doing this? it's a korean show there's a few of those that really have made waves in countries all around the globe >> australian shows, too "secret city." >> is anyone else doing this besides netflix? and what is the financial upside of that model of taking the international show and making it so broad in its appeal >> well, there's a couple of key things here. one is that it tells you that at least some content really is global in nature u.s. content, there's been lots of u.s. content that's been that way but not so much international content. but if you sub it and dub it in multiple languages, you can make th

investors bracing for a busy week earning season kicks into second gear, tesla, ibm, netflix and many more on deck. crude climbs higher as options traders pile in to more bullish bets some calling for $200 a barrel in europe. >>> bitcoin's boom showing no signs of slowing down as wall street prepares to welcome the first crypto futures etf. >>> china, third quarter growth missing the marks and beijing's multisector crackdown all being blamed >>> can investors get excited about apple outside of the hardware lineup. we'll find out at 1:00 p.m. eastern today. you're watching "worldwide exchange" here on cnbc, it's october 18, 2021 >>> good morning, i am frank holland in for brian sullivan. we'll kickoff your monday morning with u.s. stock futures. they're slipping this morning opinion let's take a look. all three are down fractionally right now, the dow looks like it could open up about 100 points lower. this comes after the major averages ended last week on a high note with the dow posting the best week since june and the s&p seeing the best week since july looking outside of stocks. oi

i think that's going to be a fantastic generator of interest for netflix. and they had a period of 10 months where it underperformed we bought the stock and they continued to underperform for a while. now it's hitting its stride. remember, they couldn't make any shows through the first part of covid and with that subscriber base and pricing power we like that stock a lot >> if we're talking about it, it's already gotten to that point. we're watching some of those great names. as always, love having you on, great historical perspective and go sox. >> you bet, brian. and, yes, go sox >>> folks thank you all for watching "worldwide exchange." i'll be on squawk in about 10 minutes to talk about energy they'll pick up the market coverage i am off tomorrow. go hokies saturday night against notre dame we'll see you tomorrow and there you have it- woah. wireless on the most reliable network nationwide. wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax peo

. >> a look ckba at two of our prior season trades, tesla and netflix you have been asking about. need your prescription refilled? capsule pharmacy can fill and hand deliver your medications - the same day - for free. go to capsule.com to get started. we handle your insurance, coordinate with your doctor, and text you when your medication is ready. all you have to do is schedule delivery. we bring your medication directly from our pharmacy, straight to your doorstep. get your prescriptions filled and delivered today - for free. go to capsule.com and get started in 15 seconds. i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit td

netflix target goes to 705 target goes to 675 at morgan stanley. it's added to tactical overperform. stock as like 15 bucks, that's it, away from a new high. >> you're right, i trim it earlier this year. i thought it was conle is dating netflix for me has always been a content story, and now that production is back, i can see netflix continuing to move higher, so i like it here. >> dr. j, you have calls >> yeah, like jason i like it. scott, $650 is my target for it next week. it's 6:30 right now. i pick that target because that's where the most active spec is to the upside. time will tell, but these guy have been hitting it hard, just like your group that's going to join us next week. >> jennie, intel, we've given you grief over that. we've given you grief over it. the stock is down 3% over the last three months, trading at $53 right now. what's your outlook? what are your expectations for this report? >> the stock everyone loves the hate earnings expectations are expected to be flat. for the quarters gelsinger has been in charge -- i think he's go

where netflix went from originally they sold other people's wines, nick and his team have been doing this for 13 years with independent winemakers so they've got a huge head start in building real moats around this business, and we're just incredibly excited about where this business is going over the next ten years. >> nick, what's the total addressable market here? when you think about this type of product it sounds like it's perfect for people that are quote, unquote, wine snobs how much of those are out there that you think you could deliver on some of the prospects that glen was talking about with the 4x quadrupling and you really need to grow into that type of valuation and get a lot more customers. >> the reality is we have the business model that's perfect for the everyday wine-loving american, we operate in the u.s., uk and australia we see an addressable market of $30 billion. the u.s. is the biggest part of that it's $30 billion addressable markets and everyday americans that like to drink wine and spending around ten bucks a bottle and longer term there's an opportunity f

they don't seem to like it too much, but i don't know that they have a lot of netflix viewers. >> but north korea has soldiesoldiers sleeping on beds of naval. i know someone who has been to north korea. >> to the end -- >> he looked at it >> it was like, on the bridge -- >> that was far enough. >> i loved it. that was great tv. >> it's hard to believe the winter olympics -- >> that's coming up. >> guys, i did want to get back to the financials. we started with goldman sack, up about 2-plus percent all of which have now reported ea earnings and they're -- goldman is having the best performance actually citi showing some strength here. it does have, by far -- goldman is a bit behind it, but a bank of that size, less than $150 million market cap. >> 78, 79 tangible book, for those at home, the more they buy stock, the better things are that's not the case with jpmorgan by the way, we haven't talked much about jpmorgan. >> i feel like we talk about it every day. its earnings were not as good. >> i think this is seitgeist. >> people it's the creeping of fintech. >> jamie is adamant he's m

obviously earnings play is coming into this lastly, netflix, which is tonight, netflix very strong activity but $18 billion surge in market cap over the past couple of weeks. is it all price it in, scott it depends on "squid game" i guess, but still long netflix call >> i love where apple is right now because it sets up nicely to talk about it as it approaches its earnings in the next couple of weeks it is at 148.5, 157 is the high. we will see if it gets back to that level we will take a quick break and come back and do final trades next [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. paola needs a parachute. so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ ♪ zero-commission trades for online u.s. stocks and etfs. an that's decision tech.you the best price on every trade, only from fidelity. esg is responsible

netflix adding 4.4 million veteran tv exec breaks down the numbers. we'll talk crypto and earnings with nasdaq ceo and united airlines ceo transportation secretary peat boout and thern, more from times square back after this. (vo) while you may not be closing on a business deal while taking your mother and daughter on a once-in-a-lifetime adventure — your life is just as unique. your raymond james financial advisor gets to know you, your dreams, and the way you care for those you love. so you can live your life. that's life well planned. ♪ ♪ ♪ digital transformation has failed to take off. because it hasn't removed the endless mundane work we all hate. ♪ ♪ ♪ automation can solve that by taking on repetitive tasks for us. unleash your potential. uipath. reboot work. >>> the news alert saying new york city will eliminate the alternative option of regular testing. the mayor planned to announce this order today some 46,000 city workers would need to get their first sht by a week from now or lose their jobs of the 160,000 some workers, 46,000

somewhere between nine and ten times, still trading at a discount to netflix but acknowledging this company should be trading at a hybrid multiple and then putting a 15 to a 20 times multiple on the core business, the consumer products business, and ultimately the content business that drives the streaming business you know i'm a believer in the disney story holding the chart at 170 very important today. this kind of news is very helpful. this report reiterated that first of all, after a massive possible pull-forward in streaming ads and a massive, massive run in that business, it's not surprising to see a little bit of a pullback the content slate for '22 and '23 looks very impressive and that will drive streaming. >>> up next, final trades. there's software. and then there's industrial grade software, forged from decades of industrial experience and insights. meet honeywell forge. analytical software that connects assets and people to deliver a cybersecure record of your entire operation. so that everyone, in your boardroom and beyond, speaks the same language. honeywell forge. in

netflix is going to be there amazon is going to be there. i would be a buyer of all three, frankly. >> we have seen netflix strongly performing after adding video games. marianne, bullish on amazon but modest, 20% upside >> 20% is still a good amount. the reason that we like this company is because their web services are the largest part of the company, and the fastest growing. they have the highest mirge mar and they have a superior 40% share globally in web services the fact they are going to have games as their largest portion of the entertainment business isn't a surprise also, looking near term, my understanding from talking to manufacturers is that their priorities are the online platforms as opposed to brick and mortar that's why you are seeing empty shelves but you can get your things on line, and amazon stands to benefit. >> the big players will always get it -- be in the front of the line dom final word. >> when it comes the video games there are sentiment concern given the crackdown we saw in china you wonder if take two or ea are

. >>> forget netflix and chill after hit shows "squid game," it's become netflix and shop the company partnering with walmart to create a digital storefront, selling merchandise from shows such as "stranger things," and of course "squid game." this is a very netflix is doing a very disney-ish move trying to expand the value of the franchise off the screen >> no question i think, look, all of these shows are drivers of memes they're a huge word-of-mouth why not monopolize on the fact that you've got a hit at the moment, don't wait, put that merchandise out there now, just sell it. [ laughter ] >> and they're spreading the love around. they did the shopify deal that we talked about a little bit ago. and now they're doing walmart. all of that is up for grabs. and as we head toward noon, i'd like to point out despite that warning out of red hat, coinbase is up a little more than 5%. zora, the subscription software company also higher. it's great to have you with us and that's it for "techcheck." "halftime" starts now. >>> welcome to "the halftime report." front and center this hour two of