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Hemisphere Media Group (NASDAQ: HMTV) has a bright growth outlook that's currently clashing with the trends in its stock price. The Spanish language TV broadcaster is targeting higher sales in 2021 while warning that content spending will remain elevated.

Sony (NYSE: SONY) has had a good year so far, despite supply shortages negatively impacting certain business segments, most notably consumer electronics. Total revenue should increase by 2% in fiscal 2021 (which ends March 31, 2022) based on current analyst estimates. Looking ahe

Netflix (NASDAQ: NFLX) made an interesting change to its service in India this week. When its competitor, Amazon (NASDAQ: AMZN), raised prices for its Prime subscription options, Netflix lowered the prices of its plans.

Bruce Springsteen knows how to play the long game. The rock star pulled every available trick out of his sleeves to get out of a bad record deal and gain full control of his music in 1992. This week, he sold those rights back to the same label, hitting Sony (NYSE: SONY) up for $5

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LiveRamp Holdings Inc (Symbol: RAMP), where a total of 8,527 contracts have traded so far, representing approximately 852,700 underlying shares. That amounts to about 2

Media company Warner Music Group said on Thursday it had acquired 300 Entertainment, the music label behind artists such as Megan Thee Stallion, Fetty Wap and Mary J. Blige.

Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading this week, for the January 2022 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new January 2022 contracts and identified one put and one c

Product Manager Itamar Korem, the brains behind our website traffic features, explores which websites were the winners and losers with their website traffic in November. 

November is an important month in eCommerce. Thanksgiving weekend kicks off shopping season, with Black Friday and Cyber Monday driving millions of people online, searching for bargains. 

Looking at the 10 most visited websites in November, Alphabet (GOOGL) was once again website traffic leader with the top two domains, Google.com and Youtube.com. Ebay (EBAY) entered the list at number 10, replacing Netflix (NFLX), which dropped two places, to number 12. 

Of this list of most-visited websites, Amazon.com (AMZN) and Ebay.com saw the biggest growth in website traffic, at 7% and 4% respectively. The website with the biggest drop was Twitter.com (TWTR), whose traffic dropped by 3%.
  

November Winners  

Looking at the 100 top domains, the biggest  ‘winners’ were mostly from the Fashion and E-commerce industries. Here’s which companies did best in each industry:

Website Ticker Category Change Macys.com M Fashion 70% Nike.com NKE Fashion 30% Gap.com GPS Fashion 28% Kohls.com KSS E-Commerce 60% Gamestop.com GME E-Commerce 57% Bestbuy.com BBY E-Commerce 50% Qvc.com QRTEA E-Commerce 40% Rakuten.com RKUNF E-Commerce 40% Target.com TGT E-Commerce 28% Coinbase.com COIN Financial Services 46%

November Losers  

Again, focusing on the top 100 domains, the biggest  ‘losers,’ according to industry, were:  

Website Ticker Category Change Flipkart.com WMT E-Commerce -28% Instrcture.com INST E-Commerce -18% Chegg.com CHGG E-Commerce -10% Hotstar.com DIS Streaming Services -16% Bing.com MSFT Search Engines -16% Zillow.com Z Marketplace -7% Booking.com BKNG Travel -5% Rankings  

We also looked at which websites saw the biggest change in ranking, in terms of amount of website traffic. The biggest change was Reddit favorite Gamestop.com (GME), which went up 28 places. The top 5 companies that rose in ranking were: 

1. Gamestop.com (GME), up 28 places 

1. Rakuten.com (RKUNF) up 22 places 

1. Qvc.com (QRTEA) up 21 places 

1. Macys.com (M) up 21 places  

1. Coinbase.com (COIN) up 16 places. 

"The Sound of 007", a documentary commemorating music from the James Bond movies will debut on Apple TV+ next year to mark the 60th anniversary of the Bond franchise.

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m

U.S. stock indexes fell on Wednesday ahead of a policy announcement by the Federal Reserve later in the day, as recent readings on inflation sealed expectations of a speedier wind-down of the central bank's pandemic-era monetary stimulus.

Shares of Netflix, Inc. (NFLX) slipped 2.7% after the company slashed its subscription rates in India. According to Reuters, Netflix aims to attract a broader customer base in one of the biggest markets for entertainment.

Netflix operates a subscription streaming service and has over 214 million subscribes worldwide as of October 31, 2021. Shares closed down 1.1% at $597.99 on December 14.

Revised Subscription Plans

In India, Netflix competes with major international players such as Disney+Hotstar which falls under The Walt Disney Company (DIS), Amazon Prime which falls under Amazon.com, Inc. (AMZN), and other national streaming service providers.

Netflix’s lowest monthly plan, which allows streaming on mobiles and tablets, is down to ₹149 from ₹199. Netflix introduced its cheapest plan ever to attract viewership during the COVID-19 pandemic.

Netflix’s “basic plan”, which allows access to one user to stream on all devices, has seen the biggest cut, to ₹199 from ₹499. Meanwhile, its premium plan rate, which is accessible by four devices at a time, has been cut to ₹649 from ₹799. Similarly, its standard plan, which allows access to two devices at a time, has been slashed to ₹499 from ₹649.

Management Comments

Monika Shergill, VP for content at Netflix India, said, “It’s a two-pronged offering for customers; we are reducing pricing and offering value. It also comes with a big content line-up. We have a big global slate with a big Indian slate.”

See Analysts’ Top Stocks on TipRanks >>

Analysts’ View

Last week, Morgan Stanley analyst Benjamin Swinburne maintained a Buy rating on the stock, with a price target of $700, which implies 17.1% upside potential to current levels.

According to Swinburne, both the broader media segment and Netflix are poised for long-term growth potential. The biggest factor in the company’s stock performance is its content leverage, which is better than its competitors. The analyst believes Netflix will face diminishing viewership with the slowing pace of the pandemic, and it can increase its gross margins by leveraging international production.

Overall, the stock has a Moderate Buy consensus rating based on 24 Buys, 4 Holds, and 3 Sells. The average Netflix price target of $677.76 implies 15.71% upside potential to current levels. Meanwhile, shares have gained 15.1% over the past year.

Website Traffic

TipRanks’ Website Traffic tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage monitoring service, offers insight into NFLX's performance.

In November, Netflix website traffic recorded a 27.20% year-over-year decline in monthly visits. However, year-to-date website traffic growth increased by 10.57% compared to the same period last year.

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Amazon.com Inc said on Wednesday that its cloud service, Amazon Web Services, is facing internet connectivity issues in two regions on the U.S. West Coast.

U.S. stock indexes dipped on Wednesday ahead of a policy announcement by the Federal Reserve later in the day, as the latest readings on inflation solidified bets of a speedier wind-down of the central bank's pandemic-era monetary stimulus.

U.S. stock indexes were set for a muted open on Wednesday as the latest readings on inflation solidified bets that the Federal Reserve might announce a speedier winddown of its pandemic-era monetary stimulus later in the day.

U.S. stock index futures were subdued on Wednesday as the latest reading on inflation solidified bets that the Federal Reserve might announce a speedier wind down of its pandemic-era monetary stimulus later in the day.

It's remarkable I'm even discussing a company reaching a market capitalization of $3 trillion. After all, it wasn't too long ago when the investing world was fawning over Apple (NASDAQ: AAPL) becoming the first to reach a $1 trillion market cap.

(RTTNews) - Netflix Inc. (NFLX) has slashed prices in India by as much as 60% as the streaming giant seeks to increase its market share in the Asian country, which has been dominated by Walt Disney Co.'s (DIS) Hotstar and Amazon.com Inc.'s (AMZN) Prime Video streaming services.

Canada is still prepared to impose a tax on corporations providing digital services, the finance ministry said on Tuesday in an announcement set to irritate the United States.