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This is actually a big week for streaming giant Netflix (NFLX), as it rolls out its 2024 Geeked Week event. Packed with an array of trailers and news about upcoming games and series content, this now-annual event has at least some Netflix buffs watching. Investors, however, are less than pleased, and shares are down fractionally in Monday afternoon’s trading. Last year, Geeked Week brought out a range of new properties, including 3 Body Problem and Hades, among others. This week, meanwhile, is expected to roll out trailers for the second season of Arcane as well as the return of Squid Game, out in November and December, respectively. The event will cap off on September 19 at 8:00 PM eastern time, with a live event. But it won’t just be series, either. Reports from The Verge note that Netflix’s gaming chops will also be on display, including the recently-announced Monument Valley 3. Meanwhile, gamers are eagerly anticipating the sight of what else Netflix can roll out, which should be a pretty exciting proposition. And Speaking of Squid Game… While the new season of Squid Game is expected out this December, there is some other news surrounding Netflix’s surprising franchise win. An Indian director, notes a report from Newsweek, is filing suit against Netflix, alleging that Netflix stole his movie to make Squid Game happen. The director in question, Soham Shah, took his case to New York federal court, alleging that Squid Game is just a copy of his 2009 release, Luck. Shah not only named Netflix in the suit, but also Squid Game director Hwang Dong-hyuk. Netflix, for its part, asserts that Shah’s claim “…has no merit,” though, given that Shah’s release pre-dates Squid Game‘s release by over a decade, there may be something to it. Only a court, of course, will know for certain. Is Netflix Stock a Hold or Sell? Turning to Wall Street, analysts have a Moderate Buy consensus rating on NFLX stock based on 24 Buys, 12 Holds, and one Sell assigned in the past three months, as indicated by the graphic below. After a 44.46% loss in its share price over the past year, the average NFLX price target of $709.48 per share implies 2.29% upside potential. See more NFLX analyst ratings Disclosure

Roku Inc. ROKU, the leading TV streaming platform in the United States, has seen its stock jump 17.9% over the past six months, outperforming the broader Zacks Consumer Discretionary sector’s return of 2.1% and catching the attent

The Walt Disney Co. (DIS) and AT&T’s (T) DirecTV reached an agreement on Saturday, putting an end to their feud. As a result of this agreement, Disney’s channels like ABC and ESPN will be restored to over 11 million DirecTV subscribers who had lost access to the channels on September 1 due to stalled renewal talks. Disney-DirecTV Deal Will Offer Customers More Choice Under the new deal, DirecTV customers will benefit from increased options, including genre-specific packages for sports, entertainment, and family content. Additionally, the agreement will integrate Disney’s streaming services—Disney+, Hulu, and ESPN+—into certain DirecTV packages. Moreover, DirecTV will have the right to distribute the streaming version of ESPN when it launches. According to a  Reuters report, Disney has also secured better economic terms under the new agreement. Notably, the deal was finalized ahead of Sunday’s Emmy Awards broadcast on ABC. This new agreement comes in the wake of a blackout that left DirecTV subscribers missing key events like college football games and the U.S. Open. Why Is Pay-TV on a Decline? Overall, the pay-TV industry in the U.S. is experiencing a significant decline in subscribers as viewers increasingly shift towards streaming services like Netflix (NFLX). Compounding the challenges for pay-TV distributors, the deals between them and media conglomerates such as Disney often involve “bundling” of channels. This means pay-TV providers are required to carry less popular channels, like Freeform, to gain access to premium content such as ESPN. Furthermore, these contracts can dictate how widely this content is available to subscribers. While sports content has traditionally supported pay-TV, streaming services are now capturing that audience as major events, like the Olympics and NFL games, continue to move online. What Is the Target Price for DIS Stock? Analysts remain bullish about DIS stock, with a Strong Buy consensus rating based on 19 Buys and four Holds. Over the past year, DIS has increased by more than 6%, and the average DIS price target of $118.17 implies an upside potential of 30.5% from current levels. See more DIS analyst ratings

Nvidia has been a spectacular investment in recent years. The stock has skyrocketed more than 700% since January 2023 amid excitement surrounding artificial intelligence (AI). But excitement is a double-edged sword. Numerous companies are now designing custom AI chips, and some i

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

TEGNA TGNA shares have declined 9% year to date (YTD), underperforming the broader Zacks Consumer Discretionary Sector’s appreciation of 2.4%. It has also lagged the Zacks Broadcast Radio and Television industry and peers like Net

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

One of the greatest benefits of streaming video great Netflix (NFLX) is its sheer versatility. It works on your home theater, your television, your computer, and, of course, mobile devices. However, for some Apple (AAPL) users, that will not be the case much longer. Netflix investors took the news well, though, as it was up fractionally in Thursday afternoon’s trading. Several breeds of Apple devices will no longer support Netflix, according to the latest reports. The iPhone 8, the iPhone 8 Plus, the iPhone X, the first-generation iPad Pro, and the fifth-generation iPad will all lose Netflix support in the near term. These devices all work on iOS 16 and, thus, will not be able to run Netflix. The good news in response to this, meanwhile, is that the models that still support Netflix will be able to do so for longer. Both iOS 17 and iOS 18 work with Netflix, which means it will take all the way to iOS 19 for there to be an issue going forward. However, that is not universal; some iPad models will not work with iOS 18—like the iPad 6 and the iPad Pro 2—so those two and their ilk may be on the chopping block for Netflix access sooner than expected. Safer Sets Now Meanwhile, a Netflix crew member who nearly died after sustaining a fall from a height of 33 feet is leading the charge for safer sets on Netflix properties. Michael Oronoz, a grip who was working on the set of Me Time with Kevin Hart and Mark Walhberg, was working on a motorized hoist on a catwalk at Sunset Gower Studios when he fell. While he does not remember much of the fall—all the way back in September 2021—the fall did enough damage to prompt his interest in making sure no one else sustained his kinds of injuries at work. A Variety report noted that he broke both femurs, both wrists, his jaw, and the orbital bone in his face. He also collapsed a lung and had a “brain bleed,” which suggests near-fatal injuries. The fact that his heart briefly stopped only drives the point home harder. A lawsuit followed, and reports of OSHA violations only made things tougher for Netflix. Is Netflix a Buy, Hold, or Sell? Turning to Wall Street, analysts have a Moderate Buy consensus rating on NFLX stock based on 24 Buys, 12 Holds, and one Sell assigned in the past three months, as indicated by the graphic below. After a 66.63% rally in its share price over the past year, the average NFLX price target of $709.48 per share implies 3.42% upside potential. See more NFLX analyst ratings Disclosure

Shares of Dave & Buster's Entertainment, Inc. (PLAY) gained 4.7% after the company reported second-quarter 2024 earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.87 per share.GameStop Corp.’s (GME) shares

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 1.2 million contracts have traded so far, representing approximately 122.9 million underlying shares. That amounts to about 15

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

The last few years have been challenging for Chinese companies, whose stock prices fell despite the indexes hitting new highs.

Netflix (NFLX) ended the recent trading session at $673.62, demonstrating a -0.27% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.45%. Elsewhere, the Dow lost 0.2

WWE Raw (TKO) fans may be disappointed by the last few installments on USA Network, reports note, but that will likely be fixed when it makes the move to Netflix (NFLX). The impact was minimal on Netflix stock, however, as it was down fractionally in the closing minutes of Tuesday’s session. For WWE Raw fans, it might have been less than pleasant to find that, starting October 7 and running to the finale on December 30, Raw will be a two-hour show. But, when Raw makes the jump to Netflix on January 6, its runtime will increase to three hours. Reports from Wrestling Observer Radio noted that the move to two hours during its stint on USA Network was strictly a move on USA’s part alone. Meanwhile, in a somewhat related report, Fightful confirmed that SmackDown would stay at two hours as well. This should prove welcome news for wrestling fans, and hopefully better endear them to the new run at Netflix. Providing more of what the fans want seldom goes amiss. Returns and Cancellations As is commonly the case with a streaming platform, there is always content arriving and leaving. Some of it that had been slated to show up, meanwhile, will never arrive. That is what is about to happen to the series  Magic: The Gathering, which was slated to show up on Netflix. Announced back in 2019, and planned for a 2022 arrival, the series was ultimately shut down despite being both fully written and fully recorded. On a brighter note, Netflix will be bringing back Dinner Time Live with David Chang, according to a Variety report. The report noted that the returning series will be “holiday-themed,” and will feature, as Chang himself noted “…cooking holiday-themed menus, serving them (our guests) way too much food, and tossing in a few surprises along the way.” Is Netflix a Buy, Hold, or Sell? Turning to Wall Street, analysts have a Moderate Buy consensus rating on NFLX stock based on 24 Buys, 12 Holds, and one Sell assigned in the past three months, as indicated by the graphic below. After a 51.59% rally in its share price over the past year, the average NFLX price target of $709.48 per share implies 5.16% upside potential. See more NFLX analyst ratings Disclosure

There has not been much to say about Paramount (PARA) as of late, now that the Skydance merger appears to be in lockstep. But new reports suggest that there may be plans shaping up with a greater focus on technology and some changes in advertising. One immediate change was spotted by FE International CEO Thomas Smale, who noted that Shari Redstone—who formerly ran Paramount by running National Amusements, Paramount’s majority shareholder—“…has lost a lot of good faith with Paramount’s shareholders.” The Ellisons, the billionaire family who are now in charge, might be just what Paramount needs to get that trust back, Smale asserts. And indeed, we have already heard about potential plans to change Paramount, pushing it into a “media and technology” company. New reports suggest that Skydance’s technical expertise—which has already produced some major new properties like The Walking Dead and Invincible—could be readily adapted to build off the massive slate of Paramount intellectual property. That would help it better compete with Netflix (NFLX) and draw more interest from advertisers, who will not only have a broader audience to work with but also more techniques to connect with them. And More Content, Too The good part about Paramount here is that there is frequently new content to bring up, and that will give Skydance a lot more to work with. For instance, it has expanded its lineup in the upcoming series focused on the life and death of child beauty queen JonBenet Ramsey, titled, JonBenet Ramsey. Emily Mitchell is now set to play the title role, backed up by Alison Pill, Owen Teague, and Garrett Hedlund. Plus, Paramount+ looks to make it a September to remember, as several new shows are on their way in. Tulsa King, Frasier, and Colin from Accounts are all set to return for new seasons, while two new movies— Parallel and Apartment 7A, the prequel to Rosemary’s Baby—will make a stop as well. Throw in some new livestreams from the NFL and college football, and Paramount+ might be more of a competitor even without any new augmentation from Skydance. Is Paramount a Buy, Sell, or Hold? Turning to Wall Street, analysts have a Hold consensus rating on PARA stock based on three Buys, eight Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. After a 24.64% loss in its share price over the past year, the average PARA price target of $12.13 per share implies 20.94% upside potential. See more INTC analyst ratings Disclosure

U.S. stocks closed higher on Monday as investors bought the dip after stocks tumbled last week to record the worst week in more than a year while they hoped that the Federal Reserve’s rate cut would help the economy rebound. All t

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $2.0 billion dollar outflow -- that's a 0.4% decrease week over week

Disney DIS, a titan in the entertainment industry, has faced significant challenges in recent months, with its stock price plummeting 21.7% over the past six months. This sharp decline has left investors and analysts questioning t