NFLX Stock is Down 40% From Highs on Increased Competition
Over the course of the past decade or so, streaming giant Netflix Inc (NASDAQ:NFLX) has proven to be one of the best-performing stocks in the market. Its innovation and relentless growth made NFLX stock a ... [Read]
NFLX Stock Tumbles 6% as Analyst Sees More Downside
NFLX stock tumbled in Friday’s trading session after an analyst at Bernstein says the stock could fall 21% before hitting its bottom. For a long time, Netflix Inc (NASDAQ:NFLX) was the undisputed leader of the ... [Read]
NFLX Stock Drops 2% As Apple TV+ Undercuts Subscription Price
Netflix (NASDAQ:NFLX) is in for some stiff competition after Apple (NASDAQ:AAPL) revealed further details of its Apple TV+, sending NFLX stock down 2%. While Apple’s streaming service had been long expected, it was officially unveiled ... [Read]
Move Over Netflix, Here’s 3 Stocks That Could Take the Streaming Throne
The way in which we consume our favorite shows and movies has altered drastically over the last few years. The days of having to be on your couch right in time to catch what you ... [Read]
66 Resources Announces Acquisition of Good Gamer
Vancouver-based mining company 66 Resources Corp. (CSE:SXX) announced today that it plans to acquire esports company Good Gamer. Both companies entered into a non-binding letter of intent (LOI) that proposes 66 Resource purchase all of the issued and outstanding ... [Read]
CBS and Viacom: Pair Finally Strike Deal to Become ViacomCBS
According to sources, television broadcaster CBS (NYSE:CBS) and media giant Viacom (NASDAQ:VIA) have agreed to merge, thus creating ViacomCBS. The decision ends years of talks between the pair. ViacomCBS: The Details The joint company will ... [Read]
DIS Stock: Disney Now has Highest Grossing Movie of All Time
Walt Disney Co. (NYSE:DIS) is sitting pretty in the stock market this week. DIS stock is currently selling for $140.86 on the NYSE, up roughly 1% at the time of writing. It seems this movie ... [Read]
Streaming Sites Must Grow Internationally to Avoid the Netflix Nosedive
Netflix (NASDAQ:NFLX), the titan of streaming sites, took a big hit when it posted subscriber losses in its second quarter. After years of unimpeded growth, the company announced that it lost 126,000 paid domestic subscribers in ... [Read]
NFLX Stock Slumps to 6-Month Low on Subscriber Growth Concerns
NFLX stock shed more than 11% in market value to a new 6-month low on Thursday after Netflix, Inc. (NASDAQ:NFLX) reported worse than expected net paid member additions for the second quarter. A confirmation that ... [Read]
Disney Stock | On The Rise As It Takes Full Control of Hulu
In a press release announced today, entertainment giant Disney (NYSE:DIS) will take “full operational control” over Hulu from Comcast (NASDAQ:CMCSA). Disney stock is on the rise from the news; currently selling for $132.64 USD, up ... [Read]