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CNBC
4 hours ago
- CNBC
Media trailblazer Tom Rogers changes ‘raging bull' stance on Netflix, sees worrisome signs
Former NBC Cable President Tom Rogers is dialing back his bullishness on Netflix. The media trailblazer, who was a self-proclaimed "raging bull" on Netflix, told CNBC's "Fast Money" this week he's starting to worry — and listed competition with free content on YouTube as a headwind. "[Netflix] still [has] more hit shows than all the other streaming services combined, but when you look at the growth of their sub[scriber] base and look at the amount of total engagement time from all viewers they get, the amount of viewing per viewer has gone down some," said Rogers, who's now executive chairman of AI company Claigrid. Netflix saw the largest monthly viewership increase versus its peers in June, according to Nielsen. However, YouTube had 13% of total monthly TV viewership while Netflix had 8%. Rogers' latest take comes after Netflix delivered a positive quarterly report on July 17. "There was nothing wrong with its earnings at all," said Rogers, who is also a CNBC contributor. "But engagement is what drives everything here. The amount of viewing it gets, it drives price increases, which drive programming budget, which drives more great programming." Netflix beat second quarter top and bottom line estimates and raised its full-year guidance. But since its earnings report, the streamer's stock is down about 6% and is now off almost 11% since hitting a record high on June 30. Rogers also predicts artificial intelligence will be a "double-edged sword" for Netflix in the near-term. On the one hand, he said it will aid the streamer's targeted advertising and help cut programming costs. But it also allows independent content creators a leg up — which benefits YouTube. "The line between professional and amateur content is going to get more and more blurry as AI tools in the hands of amateurs allow them to produce things that look incredibly professional," he said. "I think AI in the hands of the creative community of YouTube could create a level of professional programming for YouTube which drives its viewership even further." YouTube's parent company, Alphabet, is up 2% so far this year. Yet, Rogers still considers Netflix maintaining his status as the most valuable media company in the world. However, he said a lag is "something to watch for sure." Netflix spokesperson Emily Goldstein deferred comment to the company's second-quarter earnings call.
Yahoo
4 hours ago
- Yahoo
IonQ CEO drops bold call on quantum computing's tipping point
IonQ CEO drops bold call on quantum computing's tipping point originally appeared on TheStreet. The point where we see quantum computers outperform classical systems may be closer than ever. Popular quantum computing stock IonQ's () CEO Niccolo de Masi, in a CNBC interview, sees that shift within touching distance. That's not just a soundbite. It's a major signal that we're getting ever so close to quantum computing having a real-world impact. 💵💰💰💵 IonQ stock, in particular, has been red-hot, having surged more than 466% last year, dwarfing the S&P 500's 18% return. More importantly, with its robust high-fidelity systems, room-temperature scalability, and deep-pocketed partners, it is positioning itself as a true bellwether in the niche. Consequently, we could see the next major tech supercycle unfold, resulting in a paradigm shift for computing. Quantum computing's second wave is scaling fast As indicated previously, Quantum computing has moved well beyond the lab. D-Wave released the first commercial system back in 2011. IBM put quantum processors on the cloud in 2016. And in 2019, Google claimed 'quantum supremacy,' following it up with the Willow processor last year, which nailed a random circuit sampling task in under five task would have taken traditional supercomputers roughly 10 septillion years to perform! Today, we have systems that are scaling into thousands of qubits, representing the core units of quantum processing. What's changed is speed, money, and competing tech stacks. IonQ, for example, uses trapped-ion tech, boasting what it calls 'industry-best gate fidelity,' meaning its super-accurate operations. It combines that with 'full qubit connectivity,' where each qubit can communicate efficiently, a major edge in solving complex problems. Also, it recently raised $1 billion, bringing its cash war chest to an eye-catching $1.68 billion. Similarly, there's D-Wave's 4,400+ qubit Advantage2, which tackles optimization problems like logistics and supply chains with ease. Rigetti, using superconducting tech, showed off a modular chip design that aims for 99.5% fidelity, signaling virtually flawless processing. IBM is still a force to be reckoned with, working on error-corrected systems through its new Loon and Nighthawk chips. Meanwhile, Microsoft, Nvidia, and Google continue investing heavily in quantum labs. The quantum-AI fusion that could reshape entire industries Perhaps the biggest step up for quantum computing is its seamless and robust fusion with AI. According to Grand View Research, the sector was valued at a whopping $1.42 billion last year, potentially growing to $4.24 billion by 2030 (a 20.5% CAGR).The Boston Consulting Group takes that up a notch or two, saying quantum technologies could unlock a whopping $450 billion to $850 billion in economic value by 2040. That includes a tremendous $170 billion opportunity for hardware and software providers. What sets quantum apart from other tech is its ability to solve 'combinatorially hard' problems. Think of simulating molecules for drug discovery or optimizing financial portfolios, which traditional computers might not be able to crack within a reasonable time. And now, AI is becoming quantum's biggest accelerant. AI models typically face bottlenecks in training and optimization. However, quantum algorithms can significantly shrink machine learning cycles from weeks to hours. At the same time, AI tools are building upon and improving quantum systems, using pattern recognition to efficiently stabilize qubits and correct errors in real time. Also, quantum-augmented AI is arguably the most critical piece of the puzzle in transforming autonomous systems, while enabling vehicles and robots to make split-second decisions in no time. As both technologies mature, their powerful synergy will unlock massive upside for finance, health care, logistics, and national security. IonQ CEO says quantum supremacy is 'just around the corner' IonQ CEO Niccolo de Masi believes we're on the cusp of a computing revolution. In a CNBC interview, de Masi declared that the 'era of quantum supremacy' is approaching quickly, with that tipping point expected 'within a few quarters or low single-digit years.'Needless to say, the stakes are massive in the quantum computing space, and the market has responded in kind. IONQ stock is up over 179% in the past nine months, led by bullish bets on breakthroughs in encryption and networking. IonQ stands out for its scalable systems that can effectively operate at room temperature (a key bottleneck), offering both quantum processors and secure quantum networking hardware. Also, de Masi highlighted IonQ's momentum in partnerships. The company has been working closely with Amazon Web Services, AstraZeneca, and Nvidia to explore drug discovery through a quantum lens efficiently. Importantly, IonQ is positioning itself ahead of China in cracking legacy encryption to align it with U.S. government priorities. De Masi feels that quantum will initially offer narrow commercial advantages, then grow exponentially. More News: Top economist drops 6-word verdict on Trump tariffs, inflation Amazon's quiet pricing twist on tariffs stuns shoppers Microsoft software flaw leads to shock nuclear cyber breach If he's correct, quantum computing could soon disrupt cloud, cybersecurity, and biotech, drawing interest from tech heavyweights and public-sector players. What does quantum supremacy really mean? It's also important to gauge what quantum supremacy actually means. Think of 'quantum supremacy' as a moment where a quantum computer efficiently breezes through tasks, stumping even the fastest classical supercomputers. At its core are 'qubits,' which are effectively bits-with-a-twist that can hold 0 and 1 at the same time, thanks to 'superposition.' They can then become linked through 'entanglement,' allowing distant qubits to instantly communicate information. However, harnessing that power hinges on keeping qubits stable against 'decoherence,' their annoying tendency to lose quantum mojo when bumped by the environment. To size up real‑world muscle, researchers are using 'quantum volume,' a broader measure of qubit count, connectivity, and error rates. In taming those errors, 'quantum error correction' layers those extra qubits into logical codes, preserving fragile quantum information together. IonQ CEO drops bold call on quantum computing's tipping point first appeared on TheStreet on Jul 25, 2025 This story was originally reported by TheStreet on Jul 25, 2025, where it first appeared. 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CNBC
6 hours ago
- CNBC
SoFi Student Loans: 2025 Review
If you're looking to take out a student loan you probably just have the basics in mind — good rates, manageable terms and a clear path to repayment. While many lenders check those boxes, some go a step further. SoFi, one of the biggest names in the private student loan space, offers more than just funding. From career coaching to financial planning tools and member perks, SoFi is designed to support borrowers well beyond the classroom. Let's break it down. 3.23% to 15.99% APR with 0.25% autopay discount (Undergraduate New Loan). Other rates and loan types are available. Visit SoFi's website for full details. Undergraduate, graduate, parent loans, law school, MBA and health professions loans $5,000 (or state-mandated minimum) up to the cost of attendance 5, 7, 10, 15 years; refinancing loans up to 20 years No Yes - click here for details Yes - click here for details Terms in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent and graduate students, parents, health professionals$5,000 minimum (or up to state); maximum up to cost of attendance5, 7, 10, 15, years; up to 20 years for refinancing loans Terms applyUndergraduate and graduate students, parents, international students with U.S. co-signer$1,000 up to the cost of attendance ($180,000 lifelong maximum)5, 8, 10, 15 years for undergraduate loans, up to 20 years for graduate loans Terms apply SoFi offers private student loans for undergraduate, graduate, law, MBA and parent borrowers. These loans are designed to help cover educational expenses not met by scholarships, grants or federal student aid. SoFi also offers student loan refinancing for those looking to consolidate and potentially lower their existing loan payments. To qualify for a SoFi student loan, you must meet several eligibility criteria related to your enrollment status, credit history and U.S. residency. You'll also need to apply with the necessary documentation, such as proof of income, ID and school certification. SoFi required you to be enrolled at least half-time in a degree-granting program at an eligible Title IV school. SoFi loans are not available for non-degree or certificate programs. You also need to have good to excellent credit, typically a minimum FICO score of 650 to 680, though having a co-signer can improve approval odds and interest rates. SoFi performs a soft credit check for prequalification, so checking rates won't affect your score. SoFi offers competitive rates with no hidden fees. Their loans are often best suited for borrowers with strong credit or access to a creditworthy co-signer. SoFi offers fixed rates starting at around 3.23% to 15.99% APR, and variable rates starting at around 4.39% to 15.99% APR. Exact rates vary by creditworthiness, loan term and whether you sign up for autopay. SoFi offers both fixed and variable rate student loans with terms ranging from five to 20 years. SoFi charges no origination fees, prepayment penalties or late fees. Borrowers can take out up to the full cost of attendance, as certified by the school, minus any other financial aid received. SoFi offers several repayment plans: SoFi goes beyond traditional student lending and offers a range of perks, such as: Like any private lender, SoFi has its strengths and trade-offs SoFi offers a 7-day-a-week customer support via phone, email or live chat. It also has an A+ from the Better Business Bureau (BBB), highlighting its intuitive online platform. To apply for a SoFi loan, you'll first have to get prequalified with a soft credit check. From there, you'll: While SoFi offers flexible terms and valuable perks, many of the same benefits can also be found with Earnest, which provides a wide range of loan terms and amounts — from $1,000 up to the full cost of attendance, or $5,000 to $550,000 for student loan refinancing. Earnest also offers a nine-month grace period, which is three more months than what most lenders offer before repayment begins. Undergraduate and graduate students, parents, half-time students, international and DACA students Undergraduate, graduate loans, parent loans, MBA, medical school, law school, international and DACA student loans $1,000 up to the cost of attendance for new loans, $5,000 to $550,000 for refinance loans 5, 7, 10, 12, 15 years Nine-month grace period available No Yes - click here for details Terms you're looking to apply without a co-signer, Ascent is another strong option. It offers loans to borrowers without established credit or a co-signer by evaluating alternative factors such as your school, program, expected graduation date, major, GPA, cost of attendance and Satisfactory Academic Progress. 3.09% to 15.61% APR with autopay discount (undergraduate new loan). Other rates and loan types are available. Visit Ascent's website for full details. Undergraduate and graduate loans, MBA, medical school, dental school, law school, doctorate and Master's, health professional loans. $2,001 up to $200,000 for undergraduate loans and $400,000 for graduate loans 5, 7, 10, 12, 15, 20 years Deferment and forbearance options available For DACA recipients and non-U.S. citizens or permanent residents No Terms apply. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every student loan review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of student loan products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
