Corporate wrap-up: As of 15 October 2026
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Corporate wrap-up: As of 15 October 2026
Netflix is set to cut around 1,000 jobs, or 6% of its workforce, as competition intensifies in the streaming industry. Meanwhile, BlackRock surpassed profit expectations after attracting US$205 billion in client inflows, while Morgan Stanley posted stronger-than-expected quarterly earnings driven by robust equity trading and investment banking performance.