Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with john fortt, mike santoli here at post 9 of the New York Stock Exchange joining us this morning, paul holland. Good to have you back. Lets talk some netflix this morning. Off the highs today, but the streaming giant hits another record high today, adding 5. 3 million subs in q3, promises an 8 billion bet on original content next year. Last time you were with us you called the company pure heroin when compared to its competitors. Its worth noting Foundation Capital is an early investor and youve worked closely with Reed Hastings now were in this chapter, paul, were watching the u. S. Profitable and the playbook being expanded international, where thats increasingly where the story is, right . Thats correct, yeah. If you recall a couple years ago we had this conversation before they had any significant presence in international, and i think really three things are going on we saw a beat in terms of subscriber base, we
Highs later in the 90s low to mid 90s. Stay tuned ill let you know how long the heat whiff will stick around. Breaking news with erin. 7 01 uk ter and close he can look in Ellicott City we have a large water main break and sinkhole. A car on its side swallowed up almost by that sinkhole. The street is shut down kline avenue as you make your way out this morning. Please allow a lot of extra time to detour around that. Water gushing out in the crews and working hard to get it under control. East of 29 and Ellicott City. Well look at the rest of morning commute and metro xhunt as we continue. Community dealt with major flooding along that same street last year. Bob barnard is live in Ellicott City with the latest, bob. Yeah, guys, thi were north and west of the Downtown Historic park downhill. Ill step out of the way. There it is water gushing and theres car that was coming like northbound here on main street and obviously tipped into this sinkhole creatd think hole in the street created
Highs later in the 90s low to mid 90s. Stay tuned ill let you know how long the heat whiff will stick around. Breaking news with erin. 7 01 uk ter and close he can look in Ellicott City we have a large water main break and sinkhole. A car on its side swallowed up almost by that sinkhole. The street is shut down kline avenue as you make your way out this morning. Please allow a lot of extra time to detour around that. Water gushing out in the crews and working hard to get it under control. East of 29 and Ellicott City. Well look at the rest of morning commute and metro xhunt as we continue. Community dealt with major flooding along that same street last year. Bob barnard is live in Ellicott City with the latest, bob. Yeah, guys, thi were north and west of the Downtown Historic park downhill. Ill step out of the way. There it is water gushing and theres car that was coming like northbound here on main street and obviously tipped into this sinkhole creatd think hole in the street created
Dow still 25 points shy of those levels. Six Straight Days six great sessions with the s p 500 climbing following last weeks plunge of 1 . It has come back, and then some from those levels. One of the things limiting what would be bigger gains is the price of oil, following the opec ,eeting with oil down 4. 2 below 50 a barrel once again as opec extended the production cuts but not for a full year, rather nine months. There was optimism that had been percolating that it would be longer. Oil shares today, they pulled back with many drillers and Oil Services Companies taking hits, transocean and marathon on this list. Stocks are higher today, not lower or being dragged down by these energy shares. Consumer discretionary a strong group, best buy is trading at a record, up 22 in todays session after the Company Comparable sales unexpectedly rose in part because of mario and the sales of the Nintendo Switch with Sears Holdings trading higher after the Company Reported its First Quarterly pr
Dow still 25 points shy of those levels. Six Straight Days six great sessions with the s p 500 climbing following last weeks plunge of 1 . It has come back, and then some from those levels. One of the things limiting what would be bigger gains is the price of oil, following the opec ,eeting with oil down 4. 2 below 50 a barrel once again as opec extended the production cuts but not for a full year, rather nine months. There was optimism that had been percolating that it would be longer. Oil shares today, they pulled back with many drillers and Oil Services Companies taking hits, transocean and marathon on this list. Stocks are higher today, not lower or being dragged down by these energy shares. Consumer discretionary a strong group, best buy is trading at a record, up 22 in todays session after the Company Comparable sales unexpectedly rose in part because of mario and the sales of the Nintendo Switch with Sears Holdings trading higher after the Company Reported its First Quarterly pr