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CNBC TOP STORIES 'We slept here.' Flight delays linger as airlines scramble to recover from ground stop Bullish ROBOTICS & AUTOMATION CoreWeave partners with Wayve to accelerate AI training for autonomous vehicles Strong Bullish ROBOTICS & AUTOMATION AGV Expo attracts more than 1,000 visitors as industrial automation gathers pace Neutral FOX NEWS US FAA says air travel should be back to normal Sunday after nationwide ground stop Bearish MARKET WATCH Gold and silver are supposed to protect against inflation. So why are both metals tumblin… Optimistic CBS NEWS UPS plane, passenger jet collide on Miami airport taxiway Bearish BUSINESS INSIDER An elite matchmaker says executives' biggest strength at work can make dating harder for … Strong Bullish BUSINESS INSIDER Ukraine's war robots are starting to down Russia's drones. It could eventually change the… Pessimistic ROBOTICS & AUTOMATION DP World partners with Dubai Future Foundation to develop autonomous port logistics Strong Bullish FOX NEWS US 'Purge'-masked suspect accused of killing college student at Halloween bash — before his … Bearish CNBC TOP STORIES Anthropic’s IPO lands as the embattled AI trade looks for a much-needed bright spot Bullish WIRED AI DJs Completely Kill My Groove Pessimistic MOTOR1 How Can A Car Have A Salvage Title But No Accident? Neutral FREIGHTWAVES Borderlands Mexico: Texas cross-border traffic rises by 400 trucks through Saturday pilot Neutral ROBOTICS & AUTOMATION Embodied AI unveils AIR humanoid robot designed to learn factory tasks on the job Neutral ROBOTICS & AUTOMATION University of Rhode Island showcases underwater robotics and autonomous systems Neutral WIRED Evercade Nexus Review: The Best Retro Handheld Yet Strong Bullish WASHINGTON POST POLITICS Fresh off victory, Democrats gather with a warning: Don’t mess this up Bullish FOX NEWS US Harvard scientist pushes back on NASA chief over mystery space object: 'It's not an aster… Bearish WIRED This AI Tamagotchi Turns Everyday Objects Into Needy Virtual Pets Bullish CNBC TOP STORIES 'We slept here.' Flight delays linger as airlines scramble to recover from ground stop Bullish ROBOTICS & AUTOMATION CoreWeave partners with Wayve to accelerate AI training for autonomous vehicles Strong Bullish ROBOTICS & AUTOMATION AGV Expo attracts more than 1,000 visitors as industrial automation gathers pace Neutral FOX NEWS US FAA says air travel should be back to normal Sunday after nationwide ground stop Bearish MARKET WATCH Gold and silver are supposed to protect against inflation. So why are both metals tumblin… Optimistic CBS NEWS UPS plane, passenger jet collide on Miami airport taxiway Bearish BUSINESS INSIDER An elite matchmaker says executives' biggest strength at work can make dating harder for … Strong Bullish BUSINESS INSIDER Ukraine's war robots are starting to down Russia's drones. It could eventually change the… Pessimistic ROBOTICS & AUTOMATION DP World partners with Dubai Future Foundation to develop autonomous port logistics Strong Bullish FOX NEWS US 'Purge'-masked suspect accused of killing college student at Halloween bash — before his … Bearish CNBC TOP STORIES Anthropic’s IPO lands as the embattled AI trade looks for a much-needed bright spot Bullish WIRED AI DJs Completely Kill My Groove Pessimistic MOTOR1 How Can A Car Have A Salvage Title But No Accident? Neutral FREIGHTWAVES Borderlands Mexico: Texas cross-border traffic rises by 400 trucks through Saturday pilot Neutral ROBOTICS & AUTOMATION Embodied AI unveils AIR humanoid robot designed to learn factory tasks on the job Neutral ROBOTICS & AUTOMATION University of Rhode Island showcases underwater robotics and autonomous systems Neutral WIRED Evercade Nexus Review: The Best Retro Handheld Yet Strong Bullish WASHINGTON POST POLITICS Fresh off victory, Democrats gather with a warning: Don’t mess this up Bullish FOX NEWS US Harvard scientist pushes back on NASA chief over mystery space object: 'It's not an aster… Bearish WIRED This AI Tamagotchi Turns Everyday Objects Into Needy Virtual Pets Bullish
Market Watch · Apr 16, 2026 8:48 PM EDT Consumer

Netflix co-founder Reed Hastings to exit company, saying it’s so strong it doesn’t need him anymore

The announcement came as Netflix reported first-quarter profits that shattered expectations, which it attributed in large part to faster-than-forecast subscriber growth, a recent price increase and the $2.8 billion breakup fee it received when its deal to acquire Warner Bros. Discovery collapsed.

Netflix co-founder Reed Hastings to exit company, saying it’s so strong it doesn’t need him anymore
Image Market Watch

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