Now for some earnings, Netflix is out with its first quarter results and Yahoo Finance's Brooke DiPalma has the latest. Brooke, what do you got?

So Josh, this quarter looking pretty good, but obviously investors are fixated right now on their second quarter outlook. The stock dropping as much as 9% in after hours trading after Netflix just dropped this report. We saw this company, of course, the media giant put out this outlook that investors aren't super excited about. Revenue for the second quarter is expected to come in at 12.57 billion. Uh the street had wanted more than that. Earnings for the second quarter expected to come in at 78 cents versus the 84 cents that the street was looking for. Operating income outlook also coming in or expected to come in lower at 4.11 billion, far less than the 4.34 billion. Also want to clarify, right now, revenue for the second quarter is actually expected to come in, let me just find it really quick. um expected to come in far lower than what the street had expected, looking for that exact number right now. So clearly this is an outlook that doesn't have the street super excited, especially after this was supposed to be momentum for Netflix, considering the fact that they lost that deal with Warner Brothers. Uh but now they're ultimately getting that $2.8 billion termination fee as well from uh uh Skydance, Paramount Skydance. And so this was uh heading into this report, there was a lot of excitement that investors had around this. and this necessarily not exactly the outlook that the company had wanted. I do want to clarify quick on that second quarter revenue outlook that the company is expecting. That's 12.57 billion compared to 12.64 billion that the street was looking for.

What do you make that Reed Hastings news?

So Reed Hastings expected to step down from the board once his term expired. I mean, you're kind of losing the heart and soul of this company. Reed Hastings was the co-founder, he developed this company, the DVD team mail in. That's what Netflix originally was known for. And I think that, you know, you hear that this executive who really has built so much of what not only Netflix is, but really streaming services in general. It definitely it feels like a part of the company will be missing and maybe investors are sort of weighing in on that one too.

All right, thank you, Brooke.