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J.P. Morgan and Wells Fargo raised their price targets on Netflix's stock and Amazon Pay adds Affirm's buy now, pay later service. Yahoo Finance Live breaks down how shares are reacting.
JPMorgan and Wells Fargo analysts both raised their price targets for Netflix, citing the streaming platform's new ad-tier performance. Yahoo Finance Live takes a look at how the streamer's shares are trading.
Shares of Roku (NASDAQ: ROKU) were surging today even as there was no major news out on the leading streaming distribution platform. Instead, investors seemed to be reacting to a number of smaller news items, including that Amazon was planning to launch an ad-based tier for Prime Video. As of 1:52 p.m. ET, Roku stock was up 11.6% as of 1:53 p.m. ET.
Netflix (NFLX) is expanding its mobile games portfolio with the launch of games, including The Queen's Gambit Chess and Oxenfree II: Lost Signals.
Paramount Global (PARA) collaborates with VIDAA to bring Paramount+ to viewers in Canada and Latin America.
The creator of the show, now in its sixth season, discusses avoiding Elon Musk and NFTs, and asking ChatGPT to write an episode precis
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there's one historically cheap industry leader begging to be bought and another outperformer that's priced for perfection.
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Netflix (NFLX) closed at $399.29 in the latest trading session, marking a -1.05% move from the prior day.
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.
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.
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).
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.
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.
In the latest trading session, Netflix (NFLX) closed at $395.23, marking a +0.57% move from the previous day.
Find out why these two stocks could be your ticket to impressive returns in the market's next bull run.
These companies operate at the intersection of technology and media trends, and have what it takes to be big winners.
No streaming service is still assured that its subscribers will remain interested enough to continue paying its monthly fee.
Netflix (NASDAQ: NFLX) has taken investors on a wild ride over the past two years. The streaming media giant's shares surged during the buying frenzy in growth stocks and closed at an all-time high of $691.69 on Nov. 17, 2021. Is it finally safe to buy Netflix's stock after those massive price swings?
Netflix has several ad-free plans, but they're not cheap. Other streaming apps have ad-free plans for less. Check out some cheaper options to consider.
Netflix (NASDAQ: NFLX) has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like. After losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people's login details (also known as "sub accounts"). Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.