Netflix, Inc. (NFLX) News

Netflix, Inc. (NFLX)

Today's Latest Price: $504.21 USD

17.97 (3.70%)

Updated Oct 29 4:00pm

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Latest NFLX News From Around the Web

Below are the latest news stories about Netflix Inc that investors may wish to consider to help them evaluate NFLX as an investment opportunity.

BofA Says Netflix's September Churn Higher, Downloads Lower

The controversy over the release of “Cuties” on Netflix Inc (NASDAQ: NFLX ) has led to some uncertainty around churn and subscription numbers for the company. The Netflix Analyst: BofA Securities analyst Nat Schindler maintains a Buy rating on Netflix with a $575 price target. The Netflix Headwinds: Schindler named several headwinds that he said could impact Netflix shares going forward. The headwinds are increased competition from platforms like Disney+ and Peacock; the large influx of new subscribers in the first half of 2020; the return of live sports; the return of movies; and elevated churn from “Cuties.” Analyzing Netflix's Churn, Subscriber Numbers: Schindler looked at data from ANTENNA and Google Trends to see how Netflix churn could be playing … Full story available on Benzinga...

Benzinga | October 2, 2020

Google Unveils New Chromecast, Pixel Phones And Smart Speaker

Google unveiled several upgrades to its devices during a presentation Wednesday. Google TV and Chromecast : Google (NASDAQ: GOOG )(NASDAQ: GOOGL ) unveiled an all new Chromecast. The new Chromecast with Google TV comes with a remote for the first time. The demonstration showed a minimalistic remote with only a few buttons, but dedicated ones for YouTube and Netflix, Inc. (NASDAQ: NFLX ). With Google TV, a person’s voice also serves as a remote. Voice search can go across all apps on the TV and even sync to home security cameras. The search across multiple apps and remote could help the Chromecast better compete with Roku Inc (NASDAQ: ROKU ). The new Chromecast costs $49.99. Users can add films or shows to their watchlist from their phones. Google showed off its cable-free live tv progra...

Benzinga | September 30, 2020

Jon Najarian Sees Unusual Options Activity In Netflix And Bed Bath & Beyond

Jon Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options activity in Netflix Inc (NASDAQ: NFLX ) and Bed Bath & Beyond Inc. (NASDAQ: BBBY ). Najarian noticed that options traders were buying the October 2, $500 strike … Full story available on Benzinga.com

Benzinga | September 30, 2020

Disney Stock: The Risks Don't Justify The Current Valuations

As we all know, Walt Disney Company (DIS) has been badly hit due to the coronavirus pandemic. The corporation we all associate with terrific movies, majestic theme parks, and great streaming services is suffering right now. It requires plenty of guess-work to figure out when the Covid-19 gets under control....

Anna Sokolidou on Seeking Alpha | September 28, 2020

Netflix says it does not agree with Chinese author's views on Uighur Muslims

Netflix Inc , in a response to U.S. senators' concerns over the company's plans to adapt a Chinese science-fiction book trilogy, said on Friday it did not agree with the Chinese author's views on the Chinese government's treatment of Uighur Muslims.

Reuters | September 26, 2020

Netflix's 'Cuties' cancellation surge faded quickly, new report says

Netflix (NFLX +0.7%) did see a cancellation spike around the debut of controversial film Cuties, new data show - but that phenomenon was hot and fast. The streaming giant's churn rate died down inside of a week after a spike caused by a social media uproar over the film's approach...

Seeking Alpha | September 25, 2020

US senators, citing Uighurs, urge Netflix to drop planned Chinese sci-fi series

Five Republican U.S. senators have urged Netflix Inc to reconsider plans to adapt a Chinese science-fiction book trilogy into a TV series because they said the author has defended the Chinese government's treatment of Uighur Muslims.

Channel NewsAsia | September 24, 2020

HBO's Big Night Showcases Its Strengths, But Also A Growing Identity Crisis

(Image Credit: HBO) The king is dead, long live the king. In this case, the king is HBO, and even though it just reminded its kingdom why it reigns supreme by fending off outside forces, a storm still looms inside the castle walls. Let’s make no mistake though, HBO’s Emmy...

The Entertainment Oracle on Seeking Alpha | September 22, 2020

How's work from home going? Apple sees permanent changes

Netflix (NFLX) CEO Reed Hastings recently called remote work "a pure negative" and JPMorgan's (JPM) Jamie Dimon warned of "a lot more damage by people staying home," but not everyone is seeing WFH in that light.Apple (AAPL) CEO Tim Cook doesn't believe the company will "return to the way we...

Seeking Alpha | September 22, 2020

'Schitt's Creek' Sweeps The 'Pand-Emmys,' Buoyed By Netflix Success

ViacomCBS Inc (NASDAQ: VIAC ) unit Pop TV Series “Schitt’s Creek” broke records on Sunday nights at the 72nd Emmy Awards hosted by Jimmy Kimmel from an empty Staples Center in Los Angeles. What Happened: The comedy show, which streams on Netflix Inc ’s (NASDAQ: NFLX ) platform, and had never won a single Emmy in its prior seasons shattered previous records by snagging seven Emmys for its sixth and final season on Sunday night, according to The Hollywood Reporter. The show won two Creative Arts Emmys last week, taking its tally up to nine, which is … Full story available on Benzinga.com

Benzinga | September 21, 2020



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