311.51 +0.89 (0.29%)
Pre-Market: 7:00AM EDT
|Bid||310.21 x 1300|
|Ask||311.70 x 800|
|Day's Range||305.82 - 314.53|
|52 Week Range||231.23 - 386.80|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||122.29|
|Earnings Date||Oct 14, 2019 - Oct 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||383.56|
FAANG stocks are making a direct impact on real estate demand, says Hessam Nadji, CEO of Marcus & Millichap, buying up office space and warehouses.
Another San Diego Comic-Con has come and gone, and as always, there were acolossal number of trailers and previews for upcoming shows and movies,including many in the streaming realm
In one of the weirder artistic crossovers of the year, Grammy-award winningmusician Sturgill Simpson is releasing an anime on Netflix
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) investors concerning the Company and its officers’ possible violations of federal securities laws. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. On July 17, 2019, after market hours, Netflix disclosed that it only acquired 2.7 million new subscribers, significantly below its forecast of 5 million new subscribers, during second quarter 2019.
LOS ANGELES, CA / ACCESSWIRE / July 22, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netflix, Inc. (“Netflix” ...
Law Offices of Howard G. Smith announces an investigation on behalf of Netflix, Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Netflix, Inc. (“Netflix” or “the Company”) (NASDAQ: NFLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between April 17, 2019 and July 17, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before September 20, 2019. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge.
There’s a long answer to the question “how does Netflix make money?” And a short one. Actually, since 2011, Netflix has not had any positive cash flow. So, the more important question is “how does Netflix NOT make money?” Let's back up and start with some basic information. Netflix was founded in 1997 by Reed Hastings and Marc Rudolph as a service that allowed users to rent movies on DVD through the internet and have them mailed to their doors.
Until now, the streaming giant had produced under the the union’s standard television and film agreements on a production-by-production basis.
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Netflix, Inc. (NFLX) from April 17, 2019 through July 17, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Netflix investors under the federal securities laws. To join the Netflix class action, go to https://www.rosenlegal.com/cases-register-1625.html or call Phillip Kim, Esq.
What's in your wallet? If you've been carrying Visa (NYSE:V) stock in your portfolio, there's plenty of dollars to be sure. And in front of earnings this week, it's also time to keep what's yours and take profits in Visa stock. Let me explain.Source: Shutterstock To say Visa shareholders have had a nice run is an understatement. Since the financial crisis low ten years ago V stock is up a staggering 1,500%, give or take 100% or so. But trends like Visa's shouldn't be taken for granted.Bottom line, all trends like Visa stock's do come to an end. I'm not simply talking about the V stock chart either. Consistent profit and sales beats over the past few years have been the norm for Visa. But taken together, that's worrisome. And considering expectations polled through crowd sourcing outfit Estimize are even higher for Visa to deliver yet again, maybe even more so.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhether a corrective period or, worse yet, a bear market are the result of an actual earnings disappointment or a perceived quarterly slight from demanding expectations, the risk for holding through a report is increased in Visa right now. And from there, conditions could rightfully get a whole lot worse for Visa stock into the foreseeable future. Visa Stock Monthly ChartMost investors reminisce about owning the next big thing in technology. And no doubt gains in stocks like Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) or a name like Netflix (NASDAQ:NFLX) are notoriously impressive. * 7 'Strong Buy' Defensive Stocks For 2019 Still, as expressed above, Visa stock is no slouch either. More concerning, unlike the bull runs in AMZN, AAPL or NFLX, which have included tumultuous corrective periods to challenge even the most fervent bullish investors, V has barely been tested over the past decade. Click to EnlargeThe closest technical test for Visa bulls was last winter's ubiquitous market correction when shares corrected by 19.62% or 2015's drop of 21% in less than two months' time. And those incidents barely constitute a bear scare which official signals at 20% or more. Bottom line, as well as simply looking at the squiggly price line of Visa stock's monthly price chart, I'd strongly caution all trends do come to an end and sometimes quite abruptly. Visa Stock StrategyGiven the nearly uninterrupted technical run Visa stock has enjoyed and shares now facing some angular trendline channel resistance, as well as a questionable stochastics set-up, taking profits in front of Tuesday night's earnings report makes prudent sense.For those investors looking to pick up long exposure in V, I'd personally wait for a more meaningful correction. And in our estimation, that correction will be one which can simultaneously test the patience of bulls, as well as reintroduce key and nearly forgotten technical supports no stock is immune from.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Donat Wait for Earnings. Take Profits Now in Visa Stock appeared first on InvestorPlace.
It is official: “Avengers: Endgame” has surpassed “Avatar” to become the highest-grossing film of all time, while the live-action “The Lion King” dominated the weekend box office, setting Walt Disney Co. up for a stellar year.
The Zacks Analyst Blog Highlights: Abbott, Netflix, Philip Morris, United Technologies and Novartis
The new version of Disney's 1994 classic The Lion King hit the box office this weekend, pulling in $54.7 million just on Friday just in China. The mouse is beefing up his library in preparation for the launch of new streaming service Disney+ later this year. In my opinion, this will knock the socks off of the competition -- including the cash-burning, somewhat content-disabled and very expensive Netflix .
U.S. stock futures are pointing to a higher open this morning as traders gear up for a slew of earnings reports. Over 25% of the S&P 500 are scheduled to post their latest quarter of earnings data this week.Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.21%, and S&P 500 futures are higher by 0.29%. Nasdaq-100 futures have added 0.45%.In the options pits, calls led the charge on Friday despite the weakness plaguing stocks after a strong open. Overall volume swelled well north of recent average volume levels with approximately 22.8 million calls and 18.5 million puts changing hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the action mirrored Thursday's movement with the single-session equity put/call volume ratio holding steady at 0.60. The 10-day moving average did likewise, treading water at 0.60.Options activity was rockin' in Boeing (NYSE:BA), Microsoft (NASDAQ:MSFT) and Netflix (NASDAQ:NFLX) on Friday.Let's take a closer look: Microsoft (MSFT)Microsoft was one of the big reasons behind Friday's bullish open for the broad market. But, what Mister Softee giveth, he taketh away. A strong sell-the-news reaction saw MSFT stock's early morning gains all but disappear by the closing bell. Said selling set the tone for the rest of the market, which melted by day's end. * 10 High-Flying, Overvalued Stocks in Danger of Crashing Bearish reversal notwithstanding, Microsoft crushed its numbers for the quarter. The software sultan sailed past estimates on the top and bottom line, solidifying its dominance as the world's most valuable company with a market cap of $1.05 trillion.Calls led the charge on the options trading front during the post-earnings celebration. Total activity rocketed to 366% of the average daily volume, with 648,481 contracts traded; 69% of the trading came from call options alone.With the stock sinking back toward unchanged on the day, implied volatility fell dramatically on the day. It now rests at 21% or the 12th percentile of its one-year range. Premiums are pricing in daily moves of $1.84 or 1.3%, so set your expectations accordingly. Boeing (BA)Investors are finally able to put some numbers on the uncertainty surrounding Boeing's 737 MAX debacle. In a statement last Thursday, the company reported:"Boeing will record an after-tax charge of $4.9 billion ($8.74 per share) in connection with an estimate of potential concessions and other considerations to customers for disruptions related to the 737 MAX grounding and associated delivery delays. This charge will result in a $5.6 billion reduction of revenue and pre-tax earnings in the quarter."Despite the hefty price tag, traders celebrated the news, sending BA stock 4.5% higher on heavy volume Friday. The positive reaction to such a negative headline shows just how much investors value certainty. They now have specific numbers to wrap their head around when assessing the bottom-line impact of the 737 MAX debacle.On the options trading front, calls outpaced puts throughout the session. Activity climbed to 284% of the average daily volume, with 225,456 total contracts traded. Calls accounted for 60% of the take.Implied volatility slipped lower to 26% or the 22nd percentile of its one-year range. That suggests traders aren't expecting much excitement out of the earnings announcement looming Wednesday morning. Netflix (NFLX)The post-earnings fallout for Netflix continued on Friday with another sizable down day. NFLX stock fell 3.4% on heavy volume. Several significant support zones shattered last week placing the streaming media giant on precarious footing. * 7 Defense Stocks to Buy to Fortify Your Portfolio Friday's breach of $320 appears particularly ominous because it was the only floor standing in the way of a price void. If filled, we could see NFLX return to this year's low of $257.On the options trading front, puts led the charge. Activity grew to 257% of the average daily volume, with 114,951 total contracts traded. Puts accounted for 54% of the session's sum.The post-earnings volatility crush continued on Friday, driving the reading down to 31% or the 19th percentile of its one-year range. Premiums are now only pricing in daily moves of $6.24 or 2%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Monday's Vital Data: Microsoft, Boeing and Netflix appeared first on InvestorPlace.
In retrospect, the early buyers of iQiyi (NASDAQ:IQ) following its IPO in March of last year are likely regretting their decision. After soaring to a high of $46.23 by June of 2018, IQ stock has since fallen back to a price near $18. That's roughly where it IPO'd, though it traded as low as $14.35 in December. Click to Enlarge Source: Shutterstock Don't come to a misguided conclusion though. iQiyi, often referred to as the Netflix (NASDAQ:NFLX) of China, hasn't done anything wrong. In fact, it's done everything right, and everything it was expected to do a year and a half ago. The market simply doesn't care because circumstances changed in the meantime.Still, unless those circumstances change for the better again, iQiyi's results won't quite matter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe good news for current and prospective IQ stock owners is, change appears to be on the horizon, one way or another. * 7 Defense Stocks to Buy to Fortify Your Portfolio China's Consumers Still HealthyThough it's called the Netflix of China, that's not an ideal comparison. In that it also offers a variety of free, ad-sponsored video content including user-generated content, iQiyi is also similar to Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) property YouTube.It's mattered little. Regardless of its revenue mix, iQiyi has been infected by the same economy-minded panic that's banged up other Chinese consumer names like Alibaba Group Holding (NYSE:BABA), Tencent Holdings (OTCMKTS:TCEHY) and Baidu (NASDAQ:BIDU).Those underlying doubts haven't been entirely unmerited. For the second quarter of the year, China's inflation-adjusted economic growth pace fell to a 27-year-low of 6.2%.The politically-charged headlines on the matter, however, paint a somewhat misleading picture.Chief among the messages delivered without the proper context is that, on a relative basis, China's economy has been growing at its "slowest pace in X years" for some time now. Last year's GDP growth of 6.6% was its weakest growth rate since 1990.In 2015, the country's GDP growth rate of 6.9% was the slowest in 25 years. The issue isn't so much a headwind as it is an ever-improving comparison.The other key data nugget lost in the noise: Consumer spending in China this year has remained shockingly strong. Retail sales were up 8.4% for the first half of the year and grew 9.8% year-over-year in June alone.Private sector jobs and home-grown consumerism are both now bigger components than government jobs and export-related employment, and it's working for the country.That's the trend, market and demographic iQiyi is plugging into. iQiyi Results TrajectoryIt would be naive to believe a prolonged slowdown in China's industrial complex and export business wouldn't eventually drive an adverse impact on the country's consumerism. It would take a much more robust headwind than the current one, however, to take a meaningful bite out of China's nascent but potent services industries.Translation: Most of the people in China that have recently fallen in love with mobile tech and high-speed internet connections aren't ready to forego their online videos just yet.The numbers confirm it. Though its second-quarter figures have yet to be released, for the first quarter of the year, iQiyi's subscriber growth soared 58% year-over-year, from 61.3 million to 96.8 million.The company's losses grew too, from a manageable $59.1 million in the first quarter of 2018 to a loss of $268 million in Q1 of this year. It's a spending spree not unlike one Netflix went on when it was seeking self-sufficiency though, and with revenue up 47% during the first quarter for iQiyi, it almost seems worth it.And, analysts that handicap IQ stock think it will be eventually worth it.The revenue trajectory is undeniably impressive, and few doubt the analysts' near-term outlook. What's largely being overlooked is the analyst community's expectations that revenue growth will continue to grow while relative spending growth on content slows. Though still expected to be in the red, the pros are looking for losses to shrink this year and next, dramatically improving the per-share profit figures for iQiyi stock. Click to EnlargeNet profits are still only on the distant horizon, but investors reward direction as well. Bottom Line for IQ StockIt's certainly not a guarantee; they don't exist when it comes to stocks. They particularly don't exist for stocks of companies subject to so many external forces like economic cycles and political matters that impose growth-slowing tariffs.There's going to come a time sooner or later, however, when the market has to appreciate that like Netflix, iQiyi is rather recession-resistant. Most people in any developed part of the world can scrape together a few bucks per month for a universe of entertainment. It's bigger threat is competition from the likes of Tencent and Baidu's Youku.Unlike Netflix though, iQiyi has already faced its chief competition and held its own.The great irony here is that headlines may need to worsen before iQiyi stock rebounds.Experts believe China's GDP growth pace will have to slide to 6.0% or lower before President Xi Jinping will finally start to negotiate more inviting tariff rates. If and when that happens, it will ease the pessimism that's been weighing on IQ stock, even if it actually means little for China's consumers. China's consumers are doing well enough as is.Whatever the case, iQiyi is doing everything it's supposed to be doing. The market just doesn't care to notice… yet.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Perception, More Than Anything Else, Is Holding Back IQ Stock appeared first on InvestorPlace.
While lagging in technology, DIS could position itself as a direct-to-consumer provider of hit films and programming in battle with Netflix and Amazon.