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Stocks week ahead: Netflix’s most consequential earnings report is coming

The streaming giant will report its second-quarter earnings on Tuesday, and it’s shaping up to be one of the most consequential moments in the 25-year history of the company.

Whatever happens Tuesday could reshape the future of the company as well as the entire streaming sector. As goes Netflix, so goes streaming.

“There will be hell to pay if they report a number that is significantly higher than the 2 million loss being thrown around,” Andrew Hare, a senior vice president of research at Magid, told CNN Business.

The streaming market has matured and saturated, Hare noted. So investors will be asking: “What’s next and where is the growth going to come from?”

Netflix is ​​pinning its hopes on potential savior: advertising.

The company announced Wednesday that it will partner with Microsoft on a new, cheaper ad-supported subscription plan. Despite Reed Hastings, Netflix’s CEO, being allergic to the idea for

Barry’s Rooftop adding bathrooms, video screen | Local Business News

Barry’s Rooftop is getting a new amenity that could come in handy during Nebraska football Saturdays.

Owner Mark Suleiman said he is working on adding full-service bathrooms to the open-air space on the top floor of Barry’s Bar and Grill at Ninth and P streets and hopes to have them ready in time for the first Husker game in Ireland on Aug . 27.

“We’re hoping the city approves our permit and that the supply chain challenges allow us to get those installed before kickoff,” Suleiman said. “It’ll be close.”

Suleiman, a Lincoln-based real estate investor who bought the iconic bar last year and reopened it during football season, said the bathrooms will be very modern, with high-end finishes and motion sensors that will facilitate a touchless environment.

“These aren’t the tired Memorial Stadium troughs,” he said, referring to urinals in the men’s bathrooms at the stadium.

People are also

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American Airlines says it could take 3 years to get back to full nationwide capacity

American Airlines said Thursday it could take up to three years to get back to full, nationwide capacity due to what it said was an ongoing pilot shortage.

CEO Robert Isom told investors that demand for air travel is at record levels, but that the airline’s travel schedule remains impacted by supply chain disruptions and staffing shortages that worsened during the pandemic.

As a result, Isom predicted that restoring flight capacity across its main routes will take about a year. “I think it’s dependent on the supply chains of aircraft manufacturers and ultimately, pilot supply to get all back in sync,” the CEO said.

On the other hand, American Airlines’ regional routes will be tougher to stabilize.

“From a regional perspective, it’s just going to take a little bit longer than that, maybe 2 or 3 years, to kind of get the supply chain for pilots back to where we