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Expand chart
Data: Kantar; Chart: Axios Visuals

Analysts are bullish ahead of Netflix's Q1 earnings Tuesday, but there's no question that the streaming giant will need to rely heavily on subscriber gains abroad in order to maintain its lead in the streaming wars.

Driving the news: The percentage of new streaming subscribers in the U.S. signing up for Netflix has declined since the onset of the pandemic, thanks to increased competition from new streamers, according to data from Kantar.

The big picture:

  • HBO Max's decision to put all of its Warner Bros. films on its streaming service in conjunction with their theatrical debut has boosted new sign-ups.
  • Disney+ hits like "WandaVision" helped the streamer surpass 100 million subscribers earlier this year.

The real question, Bloomberg's Lucas Shaw notes, "is whether this loss of share means interest in Netflix is sagging." New entrants to the streaming battlefield doesn't have to be a loss for Netflix.

What to watch: Analysts will want to know more about how price increases and password-sharing crackdowns have impacted financials and subscriber growth.

Go deeper: Netflix inks major streaming deal with Sony, expanding library

Go deeper

Dion Rabouin, author of Markets
Apr 19, 2021 - Economy & Business

2021's expected earnings blowout begins

JPMorgan CEO Jamie Dimon. Photo: Mark Kauzlarich/Bloomberg via Getty Images

First-quarter earnings so far have been very strong, outpacing even the rosy expectations from Wall Street and that's a trend that's expected to continue for all of 2021. S&P 500 companies are on pace for one of the best quarters of positive earnings surprises on record, according to FactSet.

Why it matters: The results show that not only has the earnings recession ended for U.S. companies, but firms are performing better than expected and the economy may be justifying all the hype.

CDC says fully vaccinated people don't have to wear masks indoors

CDC Director Rochelle Walensky. Photo: Erin Clark-Pool/Getty Images

The CDC announced in new guidance Thursday that anyone who is fully vaccinated can participate in indoor and outdoor activities without wearing a mask or physically distancing, regardless of crowd size.

What they're saying: "If you are fully vaccinated, you are protected, and you can start doing the things that you stopped doing because of the pandemic," CDC Director Rochelle Walensky will say at a White House press briefing.

Colonial Pipeline reportedly paid hackers nearly $5 million in ransom

Photo: Logan Cyrus/AFP via Getty Images

Colonial Pipeline paid hackers linked to the DarkSide cybercrime group nearly $5 million in cryptocurrency after last week's ransomware attack, Bloomberg first reported and the New York Times confirmed.

Why it matters: The breach of the largest refined fuels pipeline in the U.S. triggered new concerns about the vulnerability of the country's increasingly digitized energy systems.