According to @ReutersBiz, Netflix missed third-quarter earnings targets after recording a $619 million Brazilian tax expense (source: Reuters Business/@ReutersBiz). @ReutersBiz reports NFLX fell about 5.6% in after-hours trading following the disclosure (source: Reuters Business/@ReutersBiz).

According to @StockMKTNewz, citing Bloomberg, Google-owned YouTube has inquired about buying the rights to show the Oscars, creating headline risk around premium live-event distribution that traders may track for Alphabet’s GOOGL [source: Bloomberg via @StockMKTNewz]. Bloomberg has highlighted that media rights developments can move streaming and broadcaster equities, making this inquiry a relevant near-term catalyst screen for GOOGL and peers in connected TV [source: Bloomberg]. Kaiko Research has documented periods of positive correlation between Bitcoin and US tech equities, so shifts in mega-cap tech risk sentiment around such headlines can coincide with BTC and ETH moves without implying causation [source: Kaiko Research].