Netflix Chief Content Officer Bela Bajaria outlined the streamer's live sports strategy, defining "events" as buzzy, cultural moments like the first-ever NFL game in Australia and Christmas Day games with celebrity halftime shows. Netflix is airing five NFL games in the 2026-27 season and is exploring potential bids for the FIFA Men's World Cup in 2030 and 2034, while remaining open to partnerships with traditional media companies like NBCUniversal.
Stock futures rose Thursday following the Federal Reserve's first interest rate hike in three years, which triggered a market sell-off on Wednesday. The Fed raised the federal funds rate by a quarter point to 3.75%-4%, with Chair Kevin Warsh signaling potential additional hikes as inflation remains elevated at 3.4%. Asian markets showed mixed performance, while investors await jobless claims and housing data for economic signals.