Omdia: Netflix's global subscriber base is projected to approach 400 million by the end of 2031.

Omdia forecasts that Netflix will reach nearly 400 million global subscribers by the end of 2031, further solidifying its position as the world's leading subscription-based streaming platform amid intensifying industry consolidation.

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Express News | Netflix Lost Out to Fox in Pursuit of Roku - Semfaor

BreakingsJun 16 21:50

Crude oil prices and the U.S. dollar continued to decline ahead of the anticipated U.S.-Iran peace agreement, while the Japanese yen weakened to 160.48 per dollar following the conclusion of the Bank of Japan's policy meeting.

[London Market Summary] On the 16th, the dollar-yen pair struggled to gain traction in the London foreign exchange market. Dollar buying against the yen initially dominated ahead of the Bank of Japan's monetary policy meeting, pushing the pair up to a high of ¥160.36 from ¥160.22. However, gains were capped by concerns over potential foreign exchange intervention and a weaker dollar stemming from falling crude oil prices. The euro-dollar pair rose to $1.1609 from $1.1593, supported by dollar selling linked to the decline in crude oil prices. The euro-yen pair climbed to ¥185.7, underpinned by the euro's firmness against the dollar and yen-selling flows following the conclusion of the BOJ meeting.

Fisco Japan05:12

U.S. equities ended mixed on the 16th, as optimism over the Iran nuclear deal was offset by profit-taking in the technology sector.

U.S. equity markets were mixed. The Dow Inc rose 328.64 points to close at 51,999.67, while the Nasdaq declined 307.60 points to finish at 26,376.34. Markets opened strong, buoyed by optimism over a provisional Iran peace agreement. The Dow Inc remained firm throughout the session, supported by falling crude oil prices and lower interest rates, extending its rally to a new all-time high for the second consecutive day. In contrast, profit-taking emerged in technology-related stocks, weighing on the Nasdaq, which traded under selling pressure all day and ended mixed. By sector, banks advanced, while semiconductors...

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