Trending tickers: Netflix, Ferrari, American Express, Moderna and Boohoo

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Netflix (NFLX)

Netflix reported robust third-quarter earnings, exceeding analysts’ expectations on both revenue and profits, driven largely by an expansion in its advertising business.

Following the earnings announcement, Netflix's shares experienced a surge, climbing approximately 5% in after-hours trading.

Netflix added 5.1 million subscribers during the quarter, more than the 4.5 million Wall Street expected. In total, the streaming service now has 282.7 million memberships across all of its pricing tiers.

The streaming giant revealed a significant 35% increase in ad-tier memberships compared to the previous quarter. As part of its growth strategy, Netflix is set to launch its advertising service in Canada in the upcoming quarter, with plans for a broader rollout in 2025.

Although the company does not anticipate advertising to become a key growth driver until 2026, it highlighted that ad-tier subscriptions made up over 50% of new sign-ups in markets where the service is already active.

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Bloomberg Intelligence senior media analyst Geetha Ranganathan told Yahoo Finance: "It's a pretty high-quality beat. If you were looking for the subscriber numbers, they were definitely there. If you're looking for the top-line growth number, they obviously over-delivered on that. But I think what really kind of stood out to me was their margin guidance."

Net income for the period was $2.36bn (£1.80bn), or $5.40 per share, up from $1.68bn, or $3.73 per share, during the same quarter a year earlier. Revenue jumped 15% to $9.83bn from $8.54bn a year earlier.

The company noted that it expects revenue in the fourth quarter to reach $10.13bn and earnings per share to be $4.23. Netflix is projecting revenue for the full year of 2025 to be between $43bn and $44bn.

Ferrari (RACE)

Shares in Ferrari were trending in pre-market trading as the carmaker unveiled its new limited edition supercar that has already sold out despite its €3.6m (£2.98m) base price tag.

The F80 marks the brand's first major release in this segment in over a decade. It follows in the footsteps of its predecessors, including the LaFerrari from 2013, as well as the legendary Enzo, F50, and F40.

This hypercar boasts a blend of race-inspired aerodynamics and scissor doors. Under the hood, the F80 features a hybrid powertrain, combining a V6 turbo engine with three electric motors. Together, they generate nearly 1,200 horsepower, making the F80 the most powerful Ferrari to date.