Netflix, the leading streaming service, exceeded expectations in the fourth quarter of 2023 by adding 13.1 million new subscribers. This growth surpassed Wall Street’s predictions and helped Netflix reach a record-high of 260.8 million paid subscribers. The company’s focus on an ad-supported service and cracking down on password sharing contributed to this remarkable achievement. In
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The biopharmaceutical company, Gilead Sciences, suffered a significant setback as its key drug, Trodelvy, failed to significantly extend the lives of patients with a specific type of lung cancer in a late-stage trial. This news caused a drop of over 10% in Gilead’s shares on Monday. The company had high hopes for Trodelvy, as it