|Bid||323.90 x 1000|
|Ask||324.18 x 1000|
|Day's Range||322.80 - 326.42|
|52 Week Range||144.25 - 338.82|
|PE Ratio (TTM)||259.34|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Jennifer Aniston will portray the first female - and first gay - U.S. president in a comedy film for Netflix, the streaming service said on Friday. American stand-up comedian Tig Notaro will play Aniston's wife in the film and she is also co-writing the script for the film, called "First Ladies." No date was scheduled for its release.
Six years after it started releasing its own programming, Netflix is basically remaking all of TV. Unbreakable Kimmy Schmidt might as well be an NBC sitcom. The Crown would be right at home on the BBC. The Joel McHale Show is The Soup with more adult humor. Bright would’ve bombed in theaters, but no worse…
The television set has been an obsession for information technology companies for decades, as one after another sought to dip a toe or more into TV’s enormous advertising pool, hoping to stir the waters. The biggest disrupter, of course, is Netflix (NFLX). Walt Disney’s (DIS) most recent quarterly earnings report was the eighth straight in which the company’s network advertising revenue declined.
A Wall Street analyst pounded the table for Netflix stock on Friday, saying the internet television network is poised to expand its competitive moat with original content and international distribution.
The story revolves around a group of people that tries to expose "the insidious new ways that Wall Street generates profits."
This uncertainty makes up the lion’s share of the risk related to an ownership stake in Netflix, and makes it uninvestable if you take the word "invest" at its literal meaning. Netflix generated $11.7 billion in revenues in 2017 from these subscribers.
Amazon.com, Inc. (NASDAQ:AMZN) is leaving no stone unturned to bolster its video streaming business. Reportedly, the company is going to air a new series on Prime named The Hunt, which is directed by Jordan Peele of Get Out fame and David Weil. Amazon Prime’s contemporary content portfolio, that already contains The Man in The High Castle which is also related to Nazis during World War II, will expand further with the addition of the latest drama.
Index providers Standard & Poor's and MSCI Inc. announced plans last year to reconfigure the telecommunications sector as communication services, a move that will result in the departure of some well-known companies from some popular consumer discretionary and technology exchange traded funds. S&P Dow Jones Indices announced Thursday that the Communication Services Select Sector Index is ready to go. The new sector updates the definition of integrated and wireless telecom providers as well as movies and publishing sub-industry groups.
Of all the widely followed and top-performing FANG stocks, Netflix, Inc. (NASDAQ:NFLX) has reigned supreme in terms of share price performance. Year-to-date, Netflix stock is up more than 70%. Meanwhile, over the past year, Netflix stock is up more than 100%.
This week's frantic maneuvers between (most of) the CBS board and Shari Redstone's National Amusements remind that the owners of companies aren't always in command of that which they putatively control. More importantly, the week's court fights are yet another illustration that Hollywood's focus on gigantism has left them distracted by M&A when they could be investing and building the new businesses they'll need to compete with the giant tech competitors transforming their industry. Simply put, Hollywood's biggest guns are fiddling an ode to oversized-ness worthy of Nero.
Whether or not you know the acronym, there’s a good chance you’re familiar with the names that FANG represents. FANG stocks are shorthand for some of the hottest tech stocks out there: Facebook, Inc. (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX), and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL). Tech has long been a sector known for its outsized upside potential, so expectations for FANG stocks are high, to say the least.
Bank of America Merrill Lynch reiterates its buy rating for Netflix shares, citing the rising number of broadband internet users in international markets. Netflix NFLX will be able to generate strong membership growth for many years, according to Bank of America Merrill Lynch. The firm reiterated its buy rating for Netflix shares, citing the rising number of broadband internet users in international markets.
The stock market just might shuffle to a weekly win, helped by all those good vibes from the energy sector, small caps and the royal wedding. It’ll be close though, as China and North Korea remain headaches, and the 10-year Treasury yield refuses to lend a hand. “I believe Spotify could be the next horseman,” he wrote recently, suggesting that Sweden’s music-streaming star deserves to be mentioned in the same breath as Netflix (NFLX)and even “the Four” — Amazon (AMZN) , Apple (AAPL) , Facebook (FB)and Google (GOOG) (GOOGL) .
President Trump expressed doubt about the prospects of successful trade talks with China on May 17. The second round of trade talks is underway in Washington between a Chinese trade delegation and top US officials to avert a trade war.
Amazon (AMZN) recently disclosed that it had $12.4 billion in future cloud computing revenue at the end of the first quarter. The massive cloud revenue backlog is due to long contracts spanning several years. Amazon said it expects to recognize the cloud revenue backlog in little more than three years on average. Amazon’s accumulation of more than $12 billion in long-term cloud contracts seems to show a high level of loyalty among Amazon’s cloud customers, despite escalating competition from rivals.
On May 9, Walt Disney (DIS) had a market capitalization of ~$149 billion, higher than peers Netflix (NFLX) and Comcast (CMCSA), which have market caps of ~$144 billion and ~$141 billion, respectively. In the media space, this metric for Time Warner (TWX) and Dish Network (DISH) reached ~$72.3 billion and ~$14.5 billion, respectively, on the same date.
YouTube is scrapping its subscription video service YouTube Red and launching two new subscription services—one for music and video, and another purely for music—which will be distinct from Google’s other music-streaming service, Google Play Music. Sound confusing? It is. Here’s what we know about how it will work. YouTube’s subscription-video service YouTube Red is becoming…
The scene is similar to those played out most nights in the Philippines since President Rodrigo Duterte began his violent crackdown on narcotics in 2016. “You go to the internet, you go to the documentaries, there’s the Amo, locally produced,” he said in a speech in Manila’s Malacanang presidential palace.
China’s biggest Netflix-like streaming site finally has a plan to get into the rapidly expanding arena of social and user-generated short-form videos. The Baidu Inc. spinoff had long recognized the potential but chosen to focus on its core business out of necessity, iQiyi Chief Executive Officer Gong Yu told Bloomberg Television Thursday. Apps from Kuaishou to Douyin have taken China by storm, helping users shoot and share millions of clips featuring everything from dancing teens to noodle-slurping villagers.
Shares of Spotify (SPOT) and Pandora (P) both opened lower on Thursday after Google (GOOGL) announced that it will roll out a YouTube-based music-streaming service. In doing so, the technology giant joins an already crowded space, complete with some of the biggest names on Wall Street. Let's dive into the current streaming music landscape to gauge not only how things stand now, but what the market might look like down the line.