rivals by spending $6 billion in content this year, with $1 billion alone dedicated to marketing. When she goes to sleep after Netflix and Chill and you have to wake her for her Uber arriving Kevin Gross (@BatmanR20) April 14, 2017 “The U.S. market is continuing to grow nicely, even if every incremental 10 million subscribers is harder than the last 10 million,” Hastings said on an video shared to YouTube on Monday evening. The key point is that Netflix will likely get those 10 million new subscribers. Read This Or Lose Out Sorry Disney, it’s all about Ferrari Land: With all due respect to Disney’s ( DIS ) Magic Kingdom, the new Ferrari Land that just opened in Spain looks way more fun.Ferrari Land is the second theme park built as a homage to the supercar brand, with the first one opening back in 2010 in Abu Dhabi, points out Motor Authority. Relax,Ferrari ( RACE ) shareholders, the company isn’t footing the bill for these parks — each is operated by an investment firm that licenses all the Ferrari graphics and logos. useful referenceYes, the park’s main rollercoaster goes from 0 to 112 mph in a mere five seconds (see below) The real thrill, nonetheless: shares of Ferrari have raced 60% higher over the past year. A post shared by karimathys (@karimathys) on Apr 18, 2017 at 3:02am PDT Aren’t any other stocks driving the stock market: The 10 largest stocks in the S&P 500 have powered roughly 53% of the S&P 500’s 4.7% increase this year, reports The Wall Street Journal. Tech stocks have led the charge, with Apple ( AAPL ) up more than 22% this year, Facebook ( FB ) up about 23% and Amazon ( AMZN ) rocketing 20%. Combined, shares of these three tech giants represent one-third of the S&P 500’s year to date advance, notes WSJ. Only 10 stocks are driving the rally in the S&P 500 via @WSJ pic.twitter.com/z3peO6N30P Brian Sozzi (@BrianSozzi) April 18, 2017 Go figure, Chipotle shares are rocking: Couldn’t agree more with research firm Bespoke on being surprised Chipotle’s ( CMG ) stock is now at a 52-week high. A couple of things powering the move: (1) latest round of price increases spurring hope for a second quarter profit boost; (2) with Panera Bread ( PNRA ) being swallowed up by JAB Holdings, Chipotle could be next, given its clean food message, growth characteristics and how far the stock has plunged post E.coli crisis; and (3) the brand staged a traffic rebound in the first quarter amid aggressive marketing. If you believe all of those things, I have a bridge to sell you in China. Zero confidence in the leadership capabilities of founder and CEO Steve Ells. Had to do a double take after seeing Chipotle on the 52-week high list.
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16, 2016, photo of then-Senate Minority Leader Harry Reid. (Alex Brandon / Associated Press) I can still see it in my minds eye, right now, said Reid, now 77. Back then, as a second-term U.S. senator, he was so horrified by the image that he took up the fight against female genital mutilation and authored a law criminalizing it. While international health authorities say that the ritual has been performed on more than 200 million girls, primarily in Africa, the Middle East and Asia, the 1996 U.S. law remained largely symbolic until now. On Wednesday, federal authorities accused Dr. Jumana Nagarwala, an emergency room physician in Detroit, of performing genital mutilation on two 7-year-old girls at a medical clinic in Livonia, Mich. Charged with female genital mutilation, transportation with intent to engage in criminal sexual activity and making a false statement to a federal officer, she faces a maximum sentence of life in prison if convicted on all counts. The girls were told they were brought to Detroit from Minnesota for a special girls trip, according to a court filing. After arriving at a hotel, the girls were taken to the doctor to get the germs out because our tummies hurt. Both girls told authorities that they were instructed not to talk about the procedure.
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