|Day's range||73.40 - 84.71|
Each of these companies has what it takes to grow during any return of stay-at-home orders -- and beyond.
Analysts find Netflix's Q2 projections conservative. This is because the coronavirus pandemic intensified in Q2, fueling consumers' appetite for streaming entertainment.
The birthplace of Rupert Murdoch's media empire, News Corp's Australian business, is shaping up as a trouble spot for the global firm, following a billion dollar writedown and a move to stop printing more than 100 regional newspapers. It's an emotional challenge, given 89-year-old Murdoch's ties to his native country where he turned a single newspaper inherited from his father in 1952 into one of the world's most influential companies. The Australian arm faces a double incursion: the broadcast business, Foxtel, is fast losing subscribers to streaming giants like Netflix Inc, while the print arm, like its rivals, is ceding advertisers to Facebook and Google.
Netflix's extraordinary Pandemic-driven rally and reign as the streaming king are going to be put to the test when the company reports earnings tomorrow (July 16th) after the bell
The outperformance for Netflix is expected to continue given that the company has strong chances of beating estimates for the second quarter and witnessed positive earnings estimate revisions.
Video-streaming veteran Netflix (NASDAQ: NFLX) was a very different company five years ago. Four years after the Qwikster fumble, Netflix had launched streaming services across the Americas and most of Europe, but the global expansion push was still six months away. Critics thought that Netflix was overvalued at a $43 billion market cap.
Netflix (NASDAQ: NFLX) saw a massive spike in subscribers in February and March as people everywhere started staying home more amid the coronavirus pandemic. After peaking in April, total U.S. streaming hours among Netflix, Amazon (NASDAQ: AMZN) Prime, Disney's (NYSE: DIS) Hulu and Disney+, and Apple (NASDAQ: AAPL) TV+ has started to fall back to Earth, but it's still above March levels. Netflix, being the most popular streaming service, has the biggest influence on total streaming hours.
Netflix (NFLX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Zacks Analyst Blog Highlights: Netflix, Zoom, Amazon, Disney and Apple
Netflix (NASDAQ: NFLX) is experiencing a surge in demand as the novel coronavirus pandemic continues and people around the world stay home more often. The outbreak is causing more changes at Netflix than just a surge in demand. Let's take a look at three reasons why now is the time to buy Netflix stock.
Options investors are ramping up bets on some of this year's biggest winners, including Amazon.com Inc, Netflix Inc and Tesla Inc, even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak. Investors are betting that tech-related stocks will remain comparatively resilient to the coronavirus-fueled economic disruptions that have battered sectors such as retail and travel, despite growing concerns about stretched valuations following steep rallies. Analysts also see another factor driving the momentum stocks: fear of missing out, or FOMO.
Netflix Inc will tell investors on Thursday how home-bound audiences and a lack of live sports have boosted its membership rolls even as streaming competition rises to unprecedented levels. Shares of the online video pioneer, trading close to an all-time high at $517.94 on Tuesday, have jumped more than 73% since mid-March when much of the world was urged to stay home to help slow the spread of the novel coronavirus. In April, Netflix wowed Wall Street by reporting twice the number of expected signups for the first quarter, bringing its worldwide total to 182.9 million customers.
We dive into all things Netflix (NFLX) ahead of its second quarter earnings release that's due out after the closing bell on Thursday, July 16...
Netflix (NFLX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Is (NFLX) Outperforming Other Consumer Discretionary Stocks This Year?
After notching stellar gains so far in 2020, should investors buy one of the year's hottest stocks or take their money and run?
Netflix's (NFLX) Q2 results are expected to reap benefits from international user growth, driven by coronavirus-induced safe distancing and lockdown norms that spiked online consumption of media feed.
These companies' stocks have soared this year. Will they live up to investors' expectations?
GTN vs. NFLX: Which Stock Is the Better Value Option?
Netflix is a hot stock again, and it will need to pass its next quarterly test on Thursday afternoon to keep the good times coming.
Netflix (NFLX) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
Netflix's (NFLX) second-quarter 2020 results are expected to reflect solid content portfolio and huge demand for media content amid coronavirus-imposed global lockdowns.