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NFLX News Highlights
- NFLX's 30 day story count now stands at 113.
- Over the past 28 days, the trend for NFLX's stories per day has been choppy and unclear. It has oscillated between 1 and 21.
- The most mentioned tickers in articles about NFLX are AMZN, FB and AAPL.
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.
Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co (NYSE: DIS ), marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021. DIS shares fell 2.58% at $173.70 on Friday. The company reported fiscal second-quarter earnings after market hours on Thursday. See Also: Walt Disney Shares Pull Back After Q2 Earnings: What Do Analysts Think? Walt Disney World Resort has announced that visitors are no longer required to wear masks in most outdoor areas. The Disney shares were purchased for the ARK Next Generation Internet ETF (NYSE: ARKW ). Shares of ARKW closed 4.14% higher at $128.60 on Friday. ARKW also sold 26,621 shares, worth about $13.1 million, in v...
AT&T Inc. (NYSE: T) is reportedly in talks to merge its media assets with DISCOVERY COMMUNICATIONS INC (NASDAQ: DISCA). What Happened: The talks are ongoing, and a deal could be announced as soon as this week, Bloomberg reported today, citing people familiar with the matter. It is unclear what the the structure of the deal might look like, but such a merger could create an entertainment colossus. AT&T owns CNN, HBO, Cartoon Network, TBS, TNT and the Warner Bros. studio. Discovery owns networks including HGTV, Food Network, TLC and Animal Planet. Why It Matters: The proposed deal could create an entertainment giant to compete with Netflix Inc (NASDAQ: NFLX) and Walt Disney Co (NYSE: DIS). HBO and HBO Max now have 63.9 million global subscribers, compared with over 100 million for Walt Di...
U.S. telecoms giant AT&T Inc is nearing a deal to combine its media assets, including CNN and HBO, with Discovery Inc, the owner of lifestyle TV networks such as HGTV and TLC, according to news reports citing unnamed sources. The deal would mark the unwinding of AT&T's $108.7 billion acquisition of U.S. media conglomerate Time Warner in 2018, and it would underscore its recognition that TV viewership has moved to streaming, where scale is required to take on the likes of Netflix Inc and Walt Disney Co. The combination would create a new company separate from AT&T that could be valued at $150 billion, including debt, the Financial Times reported.
Prince and Meghan Markle are expanding their business empire — one year after announcing their royal exit.
Let's say you stumble across a stock you've never heard of before that has generated amazing annual returns of 20% or more year after year. If you're smart, you'd answer no. What if Warren Buffett recommended it? When you purchase a stock, you're investing in a company and betting on its future success.
Three of my favorite picks right now are Activision Blizzard (NASDAQ: ATVI), Apple (NASDAQ: AAPL), and Netflix (NASDAQ: NFLX). Activision Blizzard's stock has delivered a massive 1,200% return over the last 15 years. Through a combination of smart acquisitions and new game development, Activision Blizzard has emerged as one of the leaders in the growing $175 billion video game industry.
Activision Blizzard (NASDAQ: ATVI) has found a killer growth strategy. Activision has added over 100 million highly engaged users to the Call of Duty franchise since early 2020, after all, with help from free-to-play and mobile offerings that drove demand for its premium titles and pushed profitability to new highs. Management thinks that approach can work for many more of the company's franchises, whether its Candy Crush, Diablo, Hearthstone, or World of Warcraft.
In a tale of the times for the post-pandemic world, movie theaters are welcoming back customers. The shift to streaming platforms by many of the largest entertainment companies has left theaters without their normal slate of blockbusters. Enter Netflix Inc (NASDAQ: NFLX ). What Happened: “Army of the Dead” from Zack Snyder will be released nationally in Cinemark Holdings Inc (NYSE: CNK ) theaters beginning May 14, IGN reports . The release will happen one week before the 200 million Netflix customers can watch the movie on the streaming platform. This marks the largest early release for a Netflix movie, according to IGN. The company has done some limited-time releases in limited large markets like New York City, … Full story available on Benzinga.com
Photo by wutwhanfoto/iStock via Getty Images Let me be clear. There are situations, where buy low and sell high is the way to go. If you bought low into a company where markets have overreacted to slowly deteriorating business, and you now find overvaluation, then you should sell. Why go...
Photo by kasinv/iStock Editorial via Getty Images We've been bearish on Netflix (NFLX) for many years, not because the firm provides a poor service, but because it cannot monetize content as well or sustain investment in content for as long as its competitors. Though the stock has only become more...