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The first words of Netflix's letter to shareholders today announcing Q1 results. It reported a 16% jump in subscribers, beating estimates on both revenue and earnings.

What they're saying

Catch up on the day's biggest business stories and look ahead to important trends. Led by Nathan Bomey.

Axios Closer

<blockquote>&quot;We&#x27;re off to a good start in 2024.&quot;</blockquote><cite>— The first words of Netflix&#x27;s <a class="gtmContentClick" data-vars-link-text="letter to shareholders" data-vars-click-url="https://s22.q4cdn.com/959853165/files/doc_financials/2024/q1/FINAL-Q1-24-Shareholder-Letter.pdf" data-vars-content-id="fb2ab4d7-2398-4e4c-9fae-46ff41b5ce47" data-vars-headline="What they&#x27;re saying" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://s22.q4cdn.com/959853165/files/doc_financials/2024/q1/FINAL-Q1-24-Shareholder-Letter.pdf" target="_blank">letter to shareholders</a> today announcing Q1 results. It reported a 16% jump in subscribers, <a class="gtmContentClick" data-vars-link-text="beating estimates" data-vars-click-url="https://www.cnbc.com/2024/04/18/netflix-nflx-earnings-q1-2024.html" data-vars-content-id="fb2ab4d7-2398-4e4c-9fae-46ff41b5ce47" data-vars-headline="What they&#x27;re saying" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.cnbc.com/2024/04/18/netflix-nflx-earnings-q1-2024.html" target="_blank">beating estimates</a> on both revenue and earnings.</cite>

Top stories & latest news on the Federal Reserve, real-time data, plus the biggest shifts happening in the U.S. and global economy.

Economy

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