Company. We will have the latest. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. International growth contributed to a positive report despite new u. S. Subscribers falling short of estimate. Revenue climbed 31 to 5. 2 billion. I dug into the details with bloombergs lucas shaw. Lucas i think the story is that investors were clearly worried that netflix would have another bad quarter. They disappointed in the second. They added a few million customers fewer than expected, and investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. , but they were above internationally, and that is where netflix has been telling people
Investors wonder if jpmorgan or softbank will rescue the company. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. Growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed 31 to 5. 2 billion. I dug into the details with bloombergs lucas shaw. I think this story is that investors were clearly worried netflix would have another bad quarter. They disappointed in the second, they added a few million customers fewer than expected, and investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. , but they were above internationally and that is where they have been telling people for years
s, 226. The Prime Minister must comply with the law. He can no longer used the threat of a no deal crash out to black male members to support his sellout deal. I will not negotiate a delay with the eu. And neither does the law compel me to do so. Welcome to Bloomberg Television from the city of london. We have been bringing you updates regarding the u. K. Political scene after the latest brexit headlines have come out. Saturday, the u. K. Parliament held a special session. Boriss newly minted deal did not make it to a vote. Thats why we are gearing up for a critical week and brexit and we could see the vote as soon as tomorrow. Lets look at how the fx market is trading after this, the pound 129ing softer than friday,. 84 on fridays close. It seems like traders need to start pricing in uncertainty regarding brexit. On the longerterm basis, analysts are bullish. Drop may be as buying opportunity. Longterm, everyone seems bullish. They think the eu will allow for the extension. What we ne
Well come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled the end of Affordable Housing, question mark. A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members today its mr. Mchenrys birthday. If anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madam chair. Happy birthday. And i now recognize myself for four minutes to give an Opening Statement. Good morning. Today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary Steve Mnuchin, h. U. D. Secretary ben carson, and federal Housing Finance agency director. Welcome. Let me say up front that the Trump Administrations Housing Finance reform plan would be a disaster for our housing systems. The Trump Administration is threatening to end the conservatorship of the enterprise
We dig into the details. Digital currency regulation. Weighing in on whether Central Banks should be issuing their own guidelines on cryptocurrency. First out of story. Netflix reported earnings on wednesday. International growth eased investor worries. The streaming giant topped earningspershare projections. It new subscribers fell short of estimates. For more, i want to bring in our analyst in los angeles. Is it really the new subscribers overseas that are allaying concerns . Investors were clearly worried that netflix would have another bad quarter. They added a few million ittomers your than an spect investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They nest in the u. S. But they were above internationally and that is where they have been telling people for years their future is. Its a sign of where netflix is going. They will have one of their worst years in the u. S. This year but one of their best inter