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NewsWatch: Netflix reports record subscriber gains, but forecast hurts stock

MARKETWATCH FRONT PAGE

Netflix Inc. attracted a record number of paying subscribers in the first quarter of 2019, but may have accelerated profit growth that could have been spread throughout the year, and shares declined more than 3% in after-hours trading Tuesday. See full story.

Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry Fink

BlackRock Inc. Chief Exeuctive Larry Fink says that with stocks knocking on the door of record highs, a surge to the upside appears more likely than a market collapse See full story.

Mortgages? Big banks may be throwing in the towel

Big banks are increasingly coming to a reckoning that making mortgages is no longer the best business to be in, if earnings reports from the most recent quarter are any guide.

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