Disney

Netflix stock down slightly after missing domestic subscriber estimates

Photo: Jaap Arriens/NurPhoto via Getty Images

Netflix's stock was down slightly in after-hours trading on Tuesday after it missed investor expectations for domestic user growth, a sign that increased competition from Disney and Apple may be impacting its growth in North America.

Yes, but: The company still posted strong overall subscriber growth, beating analyst estimates by over 1 million subscribers internationally. It also surpassed expectations for revenue and earnings per share, an impressive feat for a company that is facing massive debt.

Global box office hits record at $42 billion

Box office at Regal South Beach. Photo: Jeff Greenberg/UIG via Getty Images.

The global box office hit an all-time high of more than $42 billion, according to numbers released Friday by Comscore.

Why it matters: That success can be attributed to monster growth in movie-going overseas. The international box office was up 4% in revenue last year, while the North America box office was down 4% from its record high of $11.88 billion in 2018.