381.91 +0.02 (0.01%)
Pre-Market: 7:45AM EDT
|Bid||382.00 x 800|
|Ask||382.37 x 1000|
|Day's Range||374.77 - 384.80|
|52 Week Range||231.23 - 423.21|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||136.39|
|Earnings Date||Jul 15, 2019 - Jul 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||383.63|
The S&P 500 and Nasdaq break above their all-time highs for the first time in months. Yahoo Finance's Seana Smith and Simpler Trading director of options Danielle Shay discuss.
Earnings season is in full swing on Wall Street. Here are two problems that suggest stock prices could come back down to Earth soon.
The Academy of Motion Picture and Arts and Sciences voted to leave a key rule on eligibility unchanged. The involvement of films from the likes of Netflix became a heated issue at this year's Oscars. Hollywood legend Steven Spielberg reportedly wanted the academy to change the rules to shut Netflix out.
A dovish Fed, an expanding economy, relatively attractive valuations and strong sales forecasts for the tech titans all fuel investor enthusiasm.
The Academy's Board of Governors said on Tuesday that the existing rules, which say a movie has to run in a theater for only seven days in Los Angeles to qualify, had won. "We support the theatrical experience as integral to the art of motion pictures, and this weighed heavily in our discussions," Academy President John Bailey said in a release. Some theater owners say short runs at a theater means more people will stay home to watch movies.
What turns the tide in favor of equities? How do we get people back in to own stocks instead of hiding on the sidelines? Simple. There has to be a concerted effort by everyone who stands to gain from stock ownership to speak up and talk about its advantages versus other classes.
StockTwits, the popular social media platform for market savvy traders and investors, is set to launch a free trading app in 2019.
Stocks rallied Tuesday, sending the Nasdaq and S&P 500 to new closing highs as earnings reports boosted Hasbro, Twitter and other stocks.
Ultimately, I'd argue that Netflix is a stock that needs to be avoided at all costs. Right off the bat, full-year guidance for free cash flow burn went from negative $3 billion to negative $3.5 billion. The way this was phrased in the investor letter, it made it seem like the extra loss was a one-off cost to the business.
Moody's Investors Service said Tuesday it was rating Netflix Inc.'s $2 billion offering of senior debt at Ba3, which is three notches below the investment-grade rating threshold. The ratings outlook remains stable. After the debt sale, Netflix's gross leverage will be 7.5X for the 12 months ended March 31. "However, despite the continuing issuances of debt to fund the company's negative cash flows, we expect leverage to drop gradually over time with subscriber growth, as the transition from licensed content to produced original content levels off, international markets mature and begin to contribute to profits, all which we expect to contribute to margin improvement," Moody's said. Netflix's stock rallied 1.9% in afternoon trade. It has run up 19.5% over the past three months, while the S&P 500 has gained 11.2%.
Fuse listed $201.2 million in assets against $242 million in debt, according to papers filed late Monday in U.S. Bankruptcy Court in Delaware. Fuse Media is a digital cable and satellite television company that provides video-on-demand channels including Fuse TV and Fuse Music targeting millennial and Gen Z viewers, according to its website. “Unlike many other companies in our industry, Fuse has been experiencing growth across platforms, but we have been unable to realize the full benefits of this progress because of the significant amount of debt on our balance sheet,” Mike Roggero, Fuse’s chief financial officer and interim chief executive officer, said in a statement.
What is new, though, is the level of competition bearing down on Netflix from behemoths like Apple Inc., AT&T Inc. and Walt Disney Co. Bond investors ought to take the escalating content war seriously when placing orders for this new deal. After all, it could throw a wrench into the company’s timeline for turning cash-flow positive. Netflix, as usual, will use the bond proceeds for general corporate purposes including investments in content, production and development, according to a company statement.
Netflix Inc. announced on Tuesday its intentions to raise another $2 billion in debt financing. The Los Gatos, California-based streaming giant said that it will offer senior unsecured notes in two series through an offering to qualified institutional buyers. Netflix (NASDAQ: NFLX) said that it will use the funds for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.
The streaming giant’s CEO made more than $36 million last year, while Chief Content Officer Ted Sarandos neared $30 million.
Corporate profits in 1Q 2019 were widely expected to be down, but revenue reports are turning out to be a bigger source of disappointment.
No, you don't have to be wealthy to gain access to comprehensive financial planning. A number of financial advisors are charging millennial clients a monthly retainer fee in order to help them with their 401(k), debt management and savings goals. What you should know.
The major U.S. benchmarks continue to trend steadily higher, rising within striking distance of record highs against a strengthening technical backdrop, writes Michael Ashbaugh.
What if Netflix’s primary long-term business model is not as a media content or distribution company, but as a data aggregation company?
A member of one of Nashville's most prominent business families says Nashville has "solved a lot of great problems in the past, but the next five years worry me a lot."