TagNetflix

Dow Futures Plunge Because Earnings Are Even Worse Than Expected

Dow futures fell on Thursday as corporate earnings continue to disappoint Wall Street. Even with expectations at 13-year lows, blue-chip US companies are failing to hit the mark. IBM was the biggest drag on the Dow Jones Industrial Average on Thursday, falling 1 percent in pre-market trading. The tech company reporting year-on-year revenue losses. Poor results at Netflix also dragged down...

Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

netrflix stock plunges

A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix's vulnerabilities - and leaving the streaming giant's stock plunging in after-hours trading. Netflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above expectations, and revenue was only $10 million short of expectations at $4...

Wall Street Screams 'Buy the Dip' Ahead of Netflix Earnings

Netflix

The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are on the FANG stocks, including content streaming behemoth Netflix, which will be reporting second-quarter earnings later today. The stock has already ballooned by more than one-third year-to-date, but given the bullish performance of other growth stocks, Wall Street analysts say NFLX has more...

Netflix Stock Is a Sell Because Competition Will Send It to an Early Grave

Netflix

As more players in the streaming content world enter the market, life is getting increasingly difficult for Netflix. Following its merger with AT&T, Warner Bros. will launch WarnerMedia’s streaming service called HBO Max next year. It will include the hit series “Friends," which will be pulled from Netflix. This follows Netflix losing “The Office” back to NBCUniversal last month. The Netflix...

Apple, Facebook and Netflix Poised to Take Out All-Time Highs

apple, facebook, netflix

With the trade war between the U.S. and China thawing, investor sentiment swung from jittery to optimistic very quickly. The trade truce pushed U.S. markets higher as the dreaded 25 percent tariff on Chinese goods was put on hold. The surprising decision provided investors some relief and gave equities a much-needed boost. As stocks regain bullish momentum, three Nasdaq names are looking to make...

Netflix Says to Binge-Watch The Office as NBC Takes Show Back

Netflix, NBC, The Office

Netflix announced on Tuesday that NBC would not extend its licensing agreement for the hit comedy “The Office” beyond January 2021. NFLX stock shed about 3 percent on the day. Why is this move significant for Netflix? It all comes down to competition, and ultimately, the company's economics. Licensing on Its Way Out When Netflix first appeared, it had virtually the entire streaming-delivery world...

Tesla's Stock Could Follow in Footsteps of a High-Flying Tech Play: Analyst

tesla and Netflix

By CCN Markets: On CNBC, analyst Eddie Yoon of a think tank called “EddieWouldGrow” overlaid a chart of Netflix from 2011-13 onto Tesla’s chart since January. Gosh, those charts look so similar. Maybe Tesla's stock will do the same thing as Netflix's stock and make a huge comeback. Unfortunately, that’s not how it usually works. Cherry-Picking Chart Patterns There are tens of thousands of stock...

Bitcoin Epically Rescues this Bubble Portfolio's Tesla Stock Crash

Bitcoin, Tesla, Tesla Stock, Stocks

By CCN: A hypothetical exchange-traded fund composed of assets deemed as overvalued by the media such as Bitcoin and some tech stocks has so far this year posted a return of 17 percent, MarketWatch reports. Currently, the bubble portfolio consists of among others Bitcoin, Argentina’s century bond and tech stocks such as Netflix, Tencent and Tesla. The bubble portfolio was the brainchild of...

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