Cloud and data centers, the chip industry's strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices.
NEW YORK (Reuters Breakingviews) - There’s a new character at Walt Disney that can help it generate more money. Dan Loeb, the decidedly unbashful hedge fund manager who runs Third Point, has taken a nearly $1 billion position in the entert
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Netflix Inc (Symbol: NFLX), where a total of 63,877 contracts have traded so far, representing approximately 6.4 million underlying shares. That amounts to about 50.9% o
It's been four months since Pershing Square's Bill Ackman unloaded his short-lived stake in Netflix (NASDAQ: NFLX). He sold the position on April 20, as the stock plummeted following a brutal quarterly report for the leading premium streaming service. Netflix stunned the market w
Investors keeping close tabs on the streaming market likely know that Netflix (NASDAQ: NFLX) lost subscribers again last quarter. In fact, its second-quarter loss of nearly one million customers follows the first quarter's attrition of 200,000 paying subscribers.
The streaming industry has grown to include a wide pool of options, but the rough waters that the market finds itself in lately are making it somewhat difficult for investors to navigate.
If Netflix (NASDAQ: NFLX) invested $200 million in a TV series or film and less than 10% of its global subscriber base decided to check it out, management might consider that a disappointment. Well, Netflix is investing heavily in games without much to show for it so far.
Roblox's (NYSE: RBLX) growth hangover is in full swing. The digital entertainment platform that captured millions of new users through 2020 and 2021 just announced a second straight quarter of declining bookings. Other key financial metrics, including average revenue per user and
Disney's (NYSE: DIS) stock recently rallied to its highest levels in nearly four months following its third-quarter earnings report. Its revenue rose 26% year over year to $21.5 billion, beating analysts' estimates by $490 million. Its adjusted net income rose 53% to $1.4 billion
Walt Disney (NYSE: DIS) blew the market away with its second-quarter earnings report. It not only beat Wall Street predictions on its top and bottom lines but also catapulted the entertainment giant into the lead over rival Netflix (NASDAQ: NFLX) by adding 14.4 million new subscr
There were a lot of juicy takeaways following Disney's (NYSE: DIS) blowout quarterly report last week, but there's one deceptive metric echoing in the world of streaming media stocks. Did Disney really overtake Netflix (NASDAQ: NFLX) in the subscriber race between premium on-dema
Ad-supported streaming options are on the rise as consumers demand cheaper entertainment options. Recent data has crowned Warner Bros. Discovery's (NASDAQ: WBD) HBO Max as having the best ad-supported offerings.
Japanese fans of the sci-fi hit "Stranger Things" can chow down on demonic pasta and rock out to retro 1980s tunes at a pop-up cafe inspired by the Netflix Inc horror drama.
Warner Bros. Discovery (NASDAQ: WBD) has made headlines on a near-weekly basis as its CEO David Zaslav restructures the company to prioritize profits and pay down a looming debt. Building on this, recent reports state that Zaslav has decided to focus on releasing films theatrical
If you want to know why Walt Disney (NYSE: DIS) is upping its streaming prices, it's not difficult to figure out. These services are costing the company considerably more than the revenue they're generating. And the problem is still getting worse rather than better. Something's g
Netflix (NASDAQ: NFLX) still stands above all the other streaming networks, with 220 million subscribers and $8 billion in revenue. However, it continues to take a beating from the many other streaming companies that are trying to topple it and capture market share.
While it tac
Streaming stocks have been absolutely punished by investors of late. Look at industry powerhouse Netflix for example -- its stock price has collapsed 59% year-to-date in the wake of a slowdown in growth and macroeconomic headwinds like high inflation and the Fed's interest rate h
With 220 million paying subscribers, Netflix (NASDAQ: NFLX) is still the streamer to beat, but after reporting two consecutive quarters of subscriber losses, its stock price has significantly underperformed the competition.
NEW YORK (Reuters Breakingviews) - The New York Times has a new assignment. ValueAct Capital Management, the pushy investment firm led by Mason Morfit, disclosed a 6.7% stake https://www.sec.gov/Archives/edgar/data/0000071691/000141881222000049/