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Illustration: Sarah Grillo/Axios Visuals

Netflix's 4,181% return from 2010 to the present makes it the S&P 500's best performer of the decade, CNBC reports.

The big picture: Netflix was the catalyst for the now-ubiquitous streaming wars that have overloaded dozens of major platforms with live and on-demand video.

Where it stands: Netflix's current market cap — nearly $148 billion — makes it one of the 40 most valuable companies in the U.S., per CNBC.

  • Netflix’s member base rose to 158.3 million at the end of 2019's Q3, CNBC reports, with international growth as the primary driver.
  • Subscribers from outside the U.S. now account for 62% of all Netflix members.

Yes, but: Netflix faces emboldened competitors loaded with cash, like Disney+ and Apple TV, and the streaming giant may have to spend more on content to retain customers and subscriptions. More competitors also mean more platforms are vying for the same top talent.

Go deeper: The streaming battlefield is getting crowded

Go deeper

Sarah Cooper, comedian known for viral Trump lip-syncs, lands Netflix special

Sarah Cooper's TikTok account. Photo: Drew Angerer/Getty Images

Author Sarah Cooper, best-known for her viral lip-sync impersonations of President Trump on TikTok, will star in a Netflix comedy special in fall 2020, the company announced Wednesday.

The big picture: Cooper, who wrote a pair of best-selling books prior to her internet fame, has seen her platform grow to over 500,000 followers on TikTok and over two million on Twitter, according to Netflix.

2 hours ago - Health

CDC says some immunocompromised people can get fourth COVID shot

Photo: Noriko Hayashi/Bloomberg via Getty Images

The Centers for Disease Control and Prevention said in updated guidelines Tuesday that some immunocompromised people who have received either Pfizer or Moderna's COVID-19 vaccines will be able to get a fourth shot.

Details: People over 18 who are "moderately to severely immunocompromised" and have received three doses of an mRNA vaccine may get a fourth shot (of either the Pfizer, Moderna, or Johnson & Johnson vaccines) at least six months after getting their third Pfizer or Moderna dose, per the CDC.

3 hours ago - Politics & Policy

Scoop: Biden plan expected to include at least $500B for climate

Photo: Stephanie Keith/Bloomberg via Getty Images

The White House is privately telling lawmakers the climate portion of President Biden's roughly $2 trillion social spending plan is "mostly settled" and will likely cost more than $500 billion, two sources familiar with the talks tell Axios.

Why it matters: A price tag of $500 billion to $555 billion is a huge number and, if it holds, would likely be the single biggest component of the sweeping package. It also isn't far off from the roughly $600 billion proposed when the bill was expected to cost $3.5 trillion.

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