It's hard to fathom the quick reversal of Netflix's (NASDAQ: NFLX) business since the pandemic's onset. First, it thrived as billions of people were cooped up at home and demand for in-home entertainment surged. It also had the added benefit of an industrywide halt to content pro
When Roku (NASDAQ: ROKU) announced its first-quarter financial results, investors were astonished to find that the streaming pioneer had added 1.2 million new active accounts, even as industry leader Netflix (NASDAQ: NFLX) lost 200,000.
What happened
Shares of Netflix (NASDAQ: NFLX) were rising this afternoon after The New York Times reported that the company could launch an ad-supported video streaming tier earlier than Netflix's management previously said.
(RTTNews) - Video-streaming platform Netflix Inc. (NFLX) said on Tuesday in a company note sent to its employees that it may introduce its lower-priced ad-supported tier by the end of this year, according to a report in The New York Times. The timeline to implement the ad tier ha
It's been a tough start to 2022 for the stock market with the benchmark S&P 500 down about 14% year to date. Still, a significant drop in the market can be a buying opportunity with discounts on quality businesses for long-term investors.
On May 6, Walt Disney (NYSE: DIS) released Doctor Strange in the Multiverse of Madness. It marks Disney's first major blockbuster of 2022 after two years where Disney was pressured to release its films solely through Disney+ or incur much lower box office ticket sales.Lightyear i
Entertainment giant Warner Bros. Discovery (NASDAQ: WBD) was born April 8 from a merger between cable TV titan Discovery Inc. and WarnerMedia, the former entertainment division of AT&T. This newly formed firm released first-quarter earnings last month, but since the company d
Netflix Inc could introduce its lower-priced ad-supported subscription plan by the end of the year, earlier than originally planned, the New York Times reported on Tuesday.
For Immediate ReleaseChicago, IL – May 10, 2022 – Zacks Equity Research shares Jabil JBL as the Bull of the Day and Gap Inc. GPS asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Disney DIS, Netflix NFLX and Roku ROKU.
Walt Disney Co's streaming TV business will face scrutiny on Wednesday from investors who are re-evaluating the media industry's aggressive shift from cable television to online video subscriptions.
What happened
Shares of The Trade Desk (NASDAQ: TTD) were sliding with the broad market last month, even as there was little news out on the ad tech stock. Investors ditched high-growth, high-priced names throughout April, and Trade Desk was swept up in the sell-off. According to
Walt Disney Co's streaming TV business will face scrutiny on Wednesday from investors who are re-evaluating the media industry's aggressive shift from cable television to online video subscriptions.
The market conditions have not been ideal for investors over the last few weeks, to say the least. The unique economic environment we have found ourselves in coming out of a once-in-a-lifetime pandemic has weighed heavily on investors’ sentiment, especially during earning
Formula One just can't get enough of America and on Sunday the sport lapped up the celebrity-infused attention at the inaugural Miami Grand Prix, basking in finally having 'cracked' the U.S. market.
Streaming service fuboTV (NYSE: FUBO) reported 2022 first-quarter earnings after the markets closed on May 5. The sports-centric alternative to cable generated explosive revenue growth as it benefits from the long-run trend of consumers switching to streaming.
Wall Street ended lower on Friday, pulled down by declining mega-cap growth stocks. Investors remained apprehensive about an economic downturn despite strong labor market data, as the Fed signaled aggressive interest rate hikes to combat inflation. The 10-year treasury yi
Last weekend, Berkshire Hathaway held its 2022 annual shareholder meeting in Omaha, Nebraska. Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger gave their views on inflation, Bitcoin, and the overall state of the markets. For the many investors who follow Buffett's
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