News Summary

• summarize in 5 sentences: Analysts dissect the streaming giant's first quarter earnings and parse why there was no guidance hike.
• Blame the recent U.S. price hikes and the recently returned stock swagger after the streamer dropped out of the bidding war for Warner Bros.
• Discovery and received that $2.8 billion break-up fee.
• Netflix shares dropped 9 percent in Thursday after-market trading and as of 7:15 a.m.
• ET on Friday were down 10.8 percent at $96.20.