Biden will succeed President Donald Trump as the 46th president of the United States shortly after noon ET.
Investors want Disney to use excess capital for more streaming video, while Netflix suggests it may start buying back stock as it turns cash-flow positive.
Netflix said it will end a decade-long cash-burning narrative that worried skeptics but didn’t faze Wall Street.
The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks.
If you’ve visited social media lately—and surely you haven’t because we’re all keeping good on our New Year’s resolutions—you’ve probably encountered a sea shanty. For those...