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- A New Cure for HIV, Netflix Q2 Earnings and Mortgages Drop
A New Cure for HIV, Netflix Q2 Earnings and Mortgages Drop
Anna Eisenberg
July 18, 2024
Anna's Daybreak News
Friday, 5:17 AM
July 19, 2024
Good morning news friend! Stay updated with the latest happenings, tracking the dynamic flow of current events. 📰🌟
New Cure for HIV?
A German man is the seventh person cured of HIV after a 2015 stem cell transplant for leukemia. He stopped taking HIV drugs in 2018. Tests show no trace of the virus in his body.
Stem cell transplants destroy the immune system and replace it with a donor’s. Some donors have rare genetic traits that make their immune cells resistant to HIV. This man’s donor had one such trait, boosting his chances.
Doctors emphasize caution, as such transplants are dangerous and only viable for those with severe diseases like blood cancer.
Stem cell transplants hold promise but are not a universal solution.
Source: Read More
A German man is the seventh person cured of HIV after a 2015 stem cell transplant for leukemia. He stopped taking HIV drugs in 2018. Tests show no trace of the virus in his body.
Stem cell transplants destroy the immune system and replace it with a donor’s. Some donors have rare genetic traits that make their immune cells resistant to HIV. This man’s donor had one such trait, boosting his chances.
Doctors emphasize caution, as such transplants are dangerous and only viable for those with severe diseases like blood cancer.
Stem cell transplants hold promise but are not a universal solution.
Source: Read More
Netflix Q2 Earnings
Netflix reported earnings of $4.88 per share, beating the expected $4.74 per share. Revenue rose to $9.6 billion, driven by a 17% increase in average paid memberships. The company now forecasts full-year revenue growth of 14% to 15%.
Netflix added 8.05 million new subscribers in the second quarter.
Netflix's advertising-supported memberships also surged, growing by 34% compared to the same period last year.
Overall, the platform's global paid memberships increased by 16.5% year over year, reaching 278 million.
Source: Read More
Netflix reported earnings of $4.88 per share, beating the expected $4.74 per share. Revenue rose to $9.6 billion, driven by a 17% increase in average paid memberships. The company now forecasts full-year revenue growth of 14% to 15%.
Netflix added 8.05 million new subscribers in the second quarter.
Netflix's advertising-supported memberships also surged, growing by 34% compared to the same period last year.
Overall, the platform's global paid memberships increased by 16.5% year over year, reaching 278 million.
Source: Read More
Do you think the US will be able to avoid a recession? |
OpenAI Launches GPT-4o Mini
OpenAI introduced GPT-4o Mini, a cheaper version of its flagship AI model. It is 60% cheaper than GPT-3.5 Turbo, and 97% cheaper than GPT-4o.
OpenAI's GPT-4o Mini is available now for free and paying ChatGPT users. Enterprise customers can access it next week. This version promises better performance in intelligence and effectiveness tests.
Smaller models are cheaper to build, need less computing power, and sometimes even run on phones.
GPT-4o Mini can handle text and image inputs now. Soon, it will also process audio and video.
Source: Read More
OpenAI introduced GPT-4o Mini, a cheaper version of its flagship AI model. It is 60% cheaper than GPT-3.5 Turbo, and 97% cheaper than GPT-4o.
OpenAI's GPT-4o Mini is available now for free and paying ChatGPT users. Enterprise customers can access it next week. This version promises better performance in intelligence and effectiveness tests.
Smaller models are cheaper to build, need less computing power, and sometimes even run on phones.
GPT-4o Mini can handle text and image inputs now. Soon, it will also process audio and video.
Source: Read More
Mortgage Rates Drop
The 30-year fixed rate is now at 6.77%, its lowest in 3 months. This drop has reduced typical monthly payments by over $100, bringing the average to around $2,700.
New listings are up 6.4% from last year. Total listings are at their highest in nearly four years. Homeowners are selling despite rates not dropping significantly.
Pending home sales are down 5.6%. The demand index and mortgage applications are also declining.
Experts predict mortgage rates won't fall much lower in the short term.
Source: Read More
The 30-year fixed rate is now at 6.77%, its lowest in 3 months. This drop has reduced typical monthly payments by over $100, bringing the average to around $2,700.
New listings are up 6.4% from last year. Total listings are at their highest in nearly four years. Homeowners are selling despite rates not dropping significantly.
Pending home sales are down 5.6%. The demand index and mortgage applications are also declining.
Experts predict mortgage rates won't fall much lower in the short term.
Source: Read More
Baked with love,
Anna Eisenberg ❤️
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