In theory, AMC Entertainment (NYSE: AMC) has all the makings of a top recovery stock. The movie theater industry has been crushed by the pandemic, with revenue down sharply, but audiences should return once it's safe. With the entertainment stock down 60% from pre-pandemic levels
Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc's satellite TV division, DirecTV, in a deal that would allow the U.S. wireless carrier to trim its net debt of close to $150 billion, people familiar with the matter said on Friday.
Investors had high expectations heading into Netflix's (NASDAQ: NFLX) fourth-quarter earnings report this week. Even though CEO Reed Hastings and his team had warned about slowing growth three months ago, the Q4 period usually brings spiking engagement as people watch more TV and
A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening.
By most accounts, it was a stellar fourth quarter for Netflix (NASDAQ: NFLX). The streaming leader brought another 8.5 million paying customers into the fold, easily surpassing Wall Street's estimates. It also more than doubled its operating income year over year, underscoring it
It is the end of January, so time for the Davos World
Economic Forum (WEF), and Chinese President Xi Jinping, German
Chancellor Angela Merkel, Japanese Prime Minister Yoshihide Suga
and European Central Bank chief Christine Lagarde are among this
year's big-name speakers.
Walt Disney (NYSE: DIS) entered calendar 2020 with media networks and theme parks comprising most of its annual revenue. But during the pandemic, Disney's parks, experiences, and products segment reported more than $3 billion in operating losses, which is quite a blow for a segme
Netflix (NASDAQ: NFLX) stock was one of the winners during a pandemic that destroyed many businesses, and the streaming platform's success continued into the fourth quarter. Earnings results released this week show revenue increased 22% over Q4 2019 figures, and enrollment sailed
Around the world, 8.5 million households signed up for a new Netflix (NASDAQ: NFLX) account in the last three months of 2020. That far exceeded Wall Street analysts' expectations and the company's own guidance for the quarter. Management said investors should expect just 6 millio
The film industry has been completely changed by the pandemic, as lockdowns accelerated streaming site subscriptions and rendered movie theater companies out of business. Walt Disney (NYSE: DIS) probably gained the most from the trend, since it launched its premium Disney+ stream
It is the end of January, so time for the Davos World
Economic Forum (WEF), and Chinese President Xi Jinping, German
Chancellor Angela Merkel, Japanese Prime Minister Yoshihide Suga
and European Central Bank chief Christine Lagarde are among this
year's big-name speakers.
Last year was a big one for Netflix (NASDAQ: NFLX). The company finished 2020 with just shy of 204 million global subscribers, 37 million more than a year ago, as consumers stuck at home looked for ways to pass the time during the pandemic turned to the streaming service for assi
The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
Wall Street's main indexes edged up to record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
In this episode of Industry Focus: Financials, Fool.com contributor Matt Frankel, CFP, and host Jason Moser look at fourth-quarter earnings from Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM), and Citigroup (NYSE: C). They also dive into Walmart's (NYSE: WMT) announcement th
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