Warner Bros Discovery said on Tuesday it added about 2 million streaming subscribers in the first quarter, at a time when industry pioneer Netflix lost subscribers for the first time in more than a decade.
Big tech and other growth companies have suffered lately owing to a string of future interest rate hikes and uneasiness surrounding Russia and Ukraine. Consequently, some of the world's prominent companies are lagging behind the S&P 500 in recent times. One those companies, A
Stand-up comedian and Hollywood actor Kevin Hart on Tuesday launched a new media company called HARTBEAT, with a $100 million investment from private equity firm Abry Partners.
For the first time since Netflix (NASDAQ: NFLX) began streaming videos all the way back in 2007, the company is seriously considering an ad-supported version of its service. During the first-quarter conference call, CEO Reed Hastings said, "Think of us as quite open to offering e
Warner Bros Discovery's quarterly revenue rose 13% in the first set of results from the media giant forged by a $43 billion merger between Discovery Inc and AT&T Inc's WarnerMedia assets.
When Netflix (NASDAQ: NFLX) reported earnings last week, it reverberated through a significant slice of the investing world. Investors have been looking for signs of a recession. And they saw the company's subscriber miss as a potential canary in the coal mine.
NEW YORK (Reuters Breakingviews) - You have to hand it to Elon Musk: He gets things done. Not only did he pull together funding for a $44 billion personal acquisition of Twitter in days, he has persuaded the company to accept his offer in short
European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China's sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk.
Dave Bartosiak with Trending Stocks at Zacks.com. Welp, they caught us. The streaming wars are over and the only survivors will be folks making TVs. Netflix NFLX, the streaming giant we all thought was going to be a trillion-dollar company has seen it’s value decimated. I
Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks.
Wall Street was mixed Monday, with investors worrying about rising interest rates and China's COVID-19 outbreaks, while Twitter gained after agreeing to be bought by Elon Musk.
Wall Street was mixed Monday, with China's COVID-19 outbreaks spooking investors already worried about rising U.S. interest rate hikes, while some high-growth stocks rebounded from recent losses.
U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
What happened
Shares of Netflix (NASDAQ: NFLX) continued to drop this morning as the leading streamer is still feeling the consequences of a disastrous earnings report last week. The first-quarter update included a surprise loss of 200,000 subscribers, and the company said it exp
Investors with an interest in Broadcast Radio and Television stocks have likely encountered both Gray Television (GTN) and Netflix (NFLX). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
Two streaming giants are currently in the investing spotlight for different reasons. Warner Bros. Discovery (NASDAQ: WBD) began trading as a newly combined independent company after Discovery Communications completed its merger with WarnerMedia, which was spun off from AT&T.
U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
I purchased shares in Curiosity Stream (NASDAQ: CURI) last year for around $14 each. Now the stock is worth $2.40 per share -- a decline of almost 83%. But despite the carnage, Curiosity Stream's buy thesis remains intact, and the company could be poised for long-term recovery. L
Netflix's (NASDAQ: NFLX) stock recently sank to its lowest levels since early 2018, following its first-quarter earnings report on April 19. The main reason was its first loss of subscribers in more than a decade.