Handling protests breaking out across the nation. Lets get straight to Julia Boorstin with the very latest. Julia. Melissa, Mark Zuckerberg did defend himself and his stance in that meeting with facebook employees. Facebook just issuing a statement moments ago saying open and honest discussion has always been part of facebooks culture. Mark had an open discussion with employees today, as he has regularly over the years hes grateful for their feedback the New York Times reporting that zuckerberg said in this meeting that of the decision not to flag President Trumps post, quote, when the looting starts, the shooting starts is what he called a tough decision but that it was pretty thorough zuckerberg reportedly saying that the companys free speech policies show that the right action where we are right now is to leave this up zuckerberg reportedly saying in this meeting with employees that he knew this decision was going to lead to people within the company being upset as well as to critic
The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first time in over a decade. The world has been turned upside down and the market doesnt steam to care. So if youre an investor, should you make like a tree and get out of there i am told thats a funny line from the movie youve never seen the movie i saw it. The movie was released in the summer of 85. I think i turned 50 that year. It dawned on me as i listened to your intro the economy is george mcfly. Th
Than expected guidance investors reasaurd by better than expected earnings per share as well as better than expected International Subscriber growth in the quarter netflix adding 6. 3 million International Subscribers. Above projection while u. S. Subscriber growth did fall short of expectations. But investors may also be reassured by ceo reed hayesings giving frank comments in the letter to shareholders with competition. This of course comes ahead of disney plus and apple tv plus launching next month hayesings saying theyve been preparing for this new wave of competition for a long time, writing quote the launch of new services will be noisy, maybe modest headantened near term growth we have tried to factor that into guidance. In the longterm we expect to continue to grow nicely given strength of service in the large Market Opportunity now the other bright spot that hayesings is stretsing in the letter to shareholders is International Growth hayesings saying they are expanded nonengli