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Celebrities Go Online to Voice Support for Ukraine

This combination of photos shows, top row from left, Jon Bon Jovi, Garth Brooks, Miley Cyrus, Billie Eilish, Luis Fonsi, Elton John, bottom row from left, Juanes, Angélique Kidjo, Chris Rock, Alejandro Sanz, Bruce Springsteen and Gloria Steinem, who are among the celebrities expected to participate in a Global Citizen-organized social media rally to show support for Ukraine. (AP)
This combination of photos shows, top row from left, Jon Bon Jovi, Garth Brooks, Miley Cyrus, Billie Eilish, Luis Fonsi, Elton John, bottom row from left, Juanes, Angélique Kidjo, Chris Rock, Alejandro Sanz, Bruce Springsteen and Gloria Steinem, who are among the celebrities expected to participate in a Global Citizen-organized social media rally to show support for Ukraine. (AP)
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Celebrities Go Online to Voice Support for Ukraine

This combination of photos shows, top row from left, Jon Bon Jovi, Garth Brooks, Miley Cyrus, Billie Eilish, Luis Fonsi, Elton John, bottom row from left, Juanes, Angélique Kidjo, Chris Rock, Alejandro Sanz, Bruce Springsteen and Gloria Steinem, who are among the celebrities expected to participate in a Global Citizen-organized social media rally to show support for Ukraine. (AP)
This combination of photos shows, top row from left, Jon Bon Jovi, Garth Brooks, Miley Cyrus, Billie Eilish, Luis Fonsi, Elton John, bottom row from left, Juanes, Angélique Kidjo, Chris Rock, Alejandro Sanz, Bruce Springsteen and Gloria Steinem, who are among the celebrities expected to participate in a Global Citizen-organized social media rally to show support for Ukraine. (AP)

A group of inter-generational stars from film, TV, sports and music - including Bruce Springsteen, Hugh Jackman, Elton John, Jon Bon Jovi, Jonas Brothers and Billie Eilish - have signed up for a social media campaign to show support for Ukraine.

The Global Citizen-organized social media rally Friday urges governments, institutions, corporations and individuals to help fund humanitarian efforts in Ukraine and other regions of the world. Celebrities are being asked to use their social media accounts to publicize the effort, using the hashtag #StandUpForUkraine.

Springsteen posted a video on social media Friday to show his support: "Refugees in Ukraine and around the world need our help now,” he said. "Everyone deserves safe and humane living conditions.” Barbra Streisand tweeted a link to Global Citizen and wrote: "I supported and hope you will too.”

The list of participants also includes The Weeknd, Alanis Morissette, Alejandro Sanz, Angélique Kidjo, Annie Lennox, Billy Joel, Celine Dion, Chris Isaak, Chris Rock, Demi Lovato, FINNEAS, Garth Brooks and Trisha Yearwood, Green Day, Carole King, Jon Batiste, Juanes, Kacey Musgraves, Katy Perry, Leon Bridges, Luke Combs, Madonna, Miley Cyrus, Ozzy Osbourne, Pearl Jam, Pharrell Williams, Priyanka Chopra Jonas, Radiohead, Red Hot Chili Peppers, Shaquille O’Neal, Stevie Nicks, Stevie Wonder, Weezer, 5 Seconds of Summer, Dave Matthews, Radiohead, Miley Cyrus, Tame Impala, U2 and Usher.

Celine Dion took to Instagram to upload a video of support with a caption in English and French that said: "I'm calling in world leaders to help all those who are forced to leave their homes.” Ellen DeGeneres in her own video urged world leaders to "do the right thing and contribute the billions they need.”

The campaign has also been joined by players for the NBA's Sacramento Kings, Toronto Raptors and Memphis Grizzlies, the band Metallica, Billy Porter, Julian Lennon, Adam Lambert, Luis Fonsi, Padma Lakshmi, Weezer and Rita Ora.

The campaign takes place a day before a pledging conference Saturday co-hosted by European Commission President Ursula von der Leyen and Canadian Prime Minister Justin Trudeau.

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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)

Netflix shares rose about 3% in premarket trading on Monday as the streaming giant's upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.

The company's co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns.

Peters said they had not seen any significant shifts in customer behavior, after the company reported first-quarter earnings above analysts' expectations on Thursday.

Netflix also reaffirmed its 2025 revenue forecast of between $43.5 billion and $44.5 billion.

These remarks offered some respite to investors who were worried that President Donald Trump's tariff policies could likely lead to a recession, forcing consumers to rein in spending on streaming services.

"Even in a global recession scenario, Netflix is likely to be highly resilient given the price-to-value of the service remains very attractive," said Jeffrey Wlodarczak, an analyst at Pivotal Research Group, who is five-star rated for both estimate accuracy and recommendation performance, as per LSEG data.

"Their advertising business should demonstrate strong growth in any scenario given its nascent state," Wlodarczak said.

The lower-priced, ad-supported tier accounted for 55% of new sign-ups in countries where it is available, Netflix said.

"While advertising is a small portion of the business today, the longer-term prospects are notably robust...while investments in ad-tech capabilities should drive healthy growth for years to come," BofA Global Research analysts said.

Earlier this month, the Wall Street Journal reported that Netflix aims to double revenue from $39 billion in 2024 and earn about $9 billion in global ad sales by 2030.

The company has upped the ante on delivering steady revenue growth as it ceased reporting subscriber data from this year, leaving Wall Street with fewer metrics to gauge its health.

Peers Walt Disney and Warner Bros Discovery shares were down under 1% each in premarket trading.

At least seven brokerages raised price target for Netflix following its results, bringing the median target to $1,147.50, according to data compiled by LSEG.