James H. Collins / AP

Netflix blew past Q2 subscription expectations, adding 5.2 million subscribers last quarter, the company's executives told investors in an earnings report Monday. The company's stock jumped 10.7% after close Monday.

Why it matters: Netflix saw a slowdown in subscriber growth in the first quarter of 2017, despite season renewals of some its biggest hit shows, like "House of Cards" and "Orange Is the New Black," but Q2 growth beat investor estimates by a whopping 2 million subscribers. It's especially impressive given that the company has historically seen slowed subscriber growth during Q2. The company now has a total of 104 million subscribers globally.

  • Streaming time: Nielsen estimates released earlier this year found that Netflix accounts for nearly half of the internet streaming time spent by adults in the U.S. and is available to 51.2% of U.S. households — far more than its subscription streaming rivals.
  • Awards: Netflix was nominated for a whopping 92 Emmy awards this year, more than all cable companies besides HBO. Earlier this year, Netflix took home its first Academy Award for its film The White Helmets.

Go deeper

Updated 5 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 32,746,147 — Total deaths: 991,678 — Total recoveries: 22,588,064Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 7,007,450 — Total deaths: 204,486 — Total recoveries: 2,750,459 — Total tests: 100,492,536Map.
  3. States: New York daily cases top 1,000 for first time since June — U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.
Updated 4 hours ago - Politics & Policy

What they're saying: Trump nominates Amy Coney Barrett for Supreme Court

Judge Amy Coney Barrett in the Rose Garden of the White House on Sept. 26. Photo: Oliver Douliery/AFP via Getty Images

Democratic and Republican lawmakers along with other leading political figures reacted to President Trump's Saturday afternoon nomination of federal appeals court Judge Amy Coney Barrett to succeed Justice Ruth Bader Ginsburg on the Supreme Court.

What they're saying: "President Trump could not have made a better decision," Senate Majority Leader Mitch McConnell said in a statement. "Judge Amy Coney Barrett is an exceptionally impressive jurist and an exceedingly well-qualified nominee to the Supreme Court of the United States."

Amy Coney Barrett: "Should I be confirmed, I will be mindful of who came before me"

Trump introduces Amy Coney Barrett as nominee to replace Ruth Bader Ginsburg. Photo: Olivier Douleiry/Getty Images

In speaking after President Trump announced her as the Supreme Court nominee to replaced Ruth Bader Ginsburg, Circuit Court Judge Amy Coney Barrett said on Saturday she will be "mindful" of those who came before her on the court if confirmed.

What she's saying: Barrett touched on Ginsburg's legacy, as well as her own judicial philosophy and family values. "I love the United States and I love the United States Constitution," she said. "I'm truly humbled at the prospect of serving on the  Supreme Court."