Business & Markets — October 21, 2026

Netflix beats Q3 expectations, shares fall. Netflix beat third-quarter earnings expectations. But shares fell on soft advertising and revenue guidance as the company pushes monetization while viewing time declines.

The Verge reports the streamer is reassuring investors that its results remain on track even as subscribers spend less time watching. That framing highlights the tension at the center of the market reaction: profits exceeded forecasts, but investors focused on weaker-than-hoped outlooks for advertising and revenue, raising questions about whether efforts to extract more money per user can offset declining engagement.

The Verge · Read more →

Anthropic and OpenAI sketch wealth-sharing plans. Anthropic and OpenAI have begun outlining public-benefit funds and wealth-sharing commitments as both AI companies move toward anticipated public offerings.

Fast Company · Read more →

Trump floats data center 'dividend.' President Trump said data center developers should pay local communities a 'dividend' to win support. Public backlash against AI infrastructure is growing nationwide.

Business Insider · Read more →