NewsWatch: Netflix adds more than 10 million new subscribers and names Sarandos co-CEO, but stock is tanking

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MARKETWATCH FRONT PAGE

Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit. See full story.

Longtime Elon Musk critic has a strong message for investors looking to bet against Tesla

Carson Block, the short-seller behind Muddy Waters Capital, talked with Bloomberg’s Tracy Alloway and Joe Weisenthal about the iffy prospects of taking a short position on Tesla in the face of the stock’s torrid rally. See full story.

The wealthy loaded up on stocks in March — now they’re selling, warns ‘fortress bank for billionaires’

Josef Stadler, UBS’s head of global family offices, has a bearish perspective on the rest of the year. See full story.

3 things Twitter users should know about the bitcoin hack targeting Elon Musk, Bill Gates and others

Hackers made the A-listers’ accounts solicit bitcoin contributions. See full story.

I want year-round outdoor living — dry summers and no snow — on $4,000 a month. Where should I retire?

This reader loves hiking, biking and water sports. See full story.

MARKETWATCH PERSONAL FINANCE

Hackers made the A-listers’ accounts solicit bitcoin contributions. See full story.

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