Inside Bar (Bearish)
Previous Close | 403.54 |
Open | 405.00 |
Bid | 399.16 x 1200 |
Ask | 399.83 x 1000 |
Day's Range | 396.93 - 405.12 |
52 Week Range | 164.28 - 413.86 |
Volume | |
Avg. Volume | 6,823,376 |
Market Cap | 177.501B |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | 42.43 |
EPS (TTM) | 9.41 |
Earnings Date | Jul 17, 2023 - Jul 21, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 367.74 |
A calendar spread involves selling a short-term option and buying a longer-term option with the same strike price. Can this income trade be done in a megacap growth stock such as Netflix? Amid ongoing leadership by the Nasdaq and large-cap issues, let's consider a calendar spread trade in NFLX stock.
Hollywood's actors union voted to authorize a strike if contract talks break down, turning up the heat on major film and television studios already grappling with a monthlong work stoppage by writers. After voting closed on Monday, SAG-AFTRA said 97.91% of ballots cast supported a strike authorization. Talks between the 160,000-member union, Hollywood's largest, and the major studios are scheduled to start on Wednesday.
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
Hollywood's actors union will announce Monday whether their members authorized a possible strike, a move that would turn up the heat on major film and television studios already grappling with a work stoppage by writers. The SAG-AFTRA union set a Monday deadline for its 160,000 members to vote on whether to give their negotiators the power to call a strike if needed. Talks between the actors union and major studios are scheduled to start on Wednesday.
Swedish streaming service Viaplay has ousted its chief executive, warned of a loss this quarter and scrapped its forecasts, sending shares in the group that bet heavily on a mix of football and Nordic noir drama down by more than 60 per cent. The company, which had styled itself as a competitor to Netflix in Europe, shocked investors after disclosing the rapid deterioration in its business in a press release issued at 2am Swedish time on Monday. Alongside the exit of Anders Jensen, who has had the top job since 2018, Viaplay also withdrew its long-term guidance for sales, subscriber and profit growth entirely.
The Directors Guild of America (DGA) said it reached a tentative contract deal with major film and television studios that have been grappling with arduous negotiations with Hollywood unions. The three-year labor agreement with the Alliance of Motion Picture and Television Producers, which represents major studios like Netflix and Walt Disney Co include gains in wages, streaming residuals, an agreement on artificial intelligence and a decrease in work hours.
After decades of being dominated by index-tracking investments, the ETF market is being flooded by actively managed funds. In 2013, a mere 16% of newly launched ETFs were actively managed, according to Morningstar. Actively managed ETFs are a way for investors to get the tax efficiency of ETFs and the ease of trading them, but still rely on fund managers’ discretion in portfolio allocations, instead of buying an ETF that tracks a preset selection of assets.
Netflix (NASDAQ: NFLX) has enacted its password-sharing monetization strategy. Gone are the days of using your parent's or friend's Netflix account for free, as Netflix now requires extra user slots to be purchased for $8 more per month if the viewer doesn't reside in the same household as the main account holder. The effect of Netflix's password-sharing crackdown could be massive.
The Hollywood writers' strike in 2007 and 2008 rippled across California's economy, and the stakes for the current strike may be even higher.
Netflix will meet with its board to discuss the pay package following the failed vote; however, the board could still approve the plans despite the disapproval from shareholders.
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
Streaming giants Netflix, Inc (NASDAQ: NFLX), Amazon.Com, Inc (NASDAQ: AMZN), and Walt Disney Co (NYSE: DIS) on Friday confidentially explored ways to dodge India's new tobacco warning rules. The executives of the streaming companies, and India's Viacom18, which runs billionaire Mukesh Ambani's JioCinema app, held a closed-door meeting, where Netflix warned the rules could prompt production houses to block their content in India, Reuters cites familiar sources. They also discussed possible legal
Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C
The nonbinding ballot, seen as a protest against high compensation, took place during an annual meeting, Bloomberg reported.
The company’s co-CEOs have been offered packages worth upward of $30 million.
Streaming giants Netflix, Amazon and Disney on Friday privately discussed a possible legal challenge and other ways to stall India's new tobacco warning rules, amid fears they will need to edit millions of hours of existing web content, sources said. The pushback is the latest headache for streaming giants in India, a top growth market. As part of India's anti-tobacco drive, the health ministry this week ordered streaming platforms should within three months insert static health warnings during smoking scenes.
Netflix shareholders rejected a proposed increase in the pay packages of the company executives, in a non-binding vote that took place during the annual shareholder meeting on June 1.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two outperformers billionaire investors are piling into and one industry leader they're selling.
Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix's top executives, arguing such a vote would be "inappropriate" during the strike, which has entered its fifth week. "While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," wrote Writers Guild West President Meredith Stiehm.
Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix's top executives, arguing such a vote would be "inappropriate" during the strike, which has entered its fifth week. "While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," wrote Writers Guild West President Meredith Stiehm.
Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix's top executives, arguing such a vote would be "inappropriate" during the strike, which has entered its fifth week. "While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," wrote Writers Guild West President Meredith Stiehm.
Amid earnings reports and the ongoing writers' strike, media stocks struggled in the month of May. Yahoo Finance media reporter Allie Canal breaks down the stock performance of several media companies and what to expect going into the summer.
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
Bloomsbury Publishing reported record annual sales and profit Wednesday, crediting them to the return of books as a replacement for more expensive forms of entertainment.
The Netflix crackdown is finally here. Or to be more precise, the Netflix password crackdown has reached the U.S. after first getting beta tested in several other countries including Spain, New Zealand and Canada . If you have the $15.49 per month Netflix Standard plan, you can add one extra member who can use the service outside your household for an extra $7.99 each month.