NFLX News and Press, Netflix Inc. From 10/28/23

2023-10-28 03:00:00 ET Summary NFLX profits hit $1.6 billion (up 20% from a year earlier) and the platform added 9 million new subscribers. Netflix has invested heavily in diversification, in the form of international content. The company is shifting spending away from Hollywood a...

2023-10-27 17:00:00 ET The traditional media industry's launch of streaming services got off to a hot start during the pandemic, but it's turned into an epic disaster. The days of growth and trying to capture the most market share are over, but now, pivoting to profitability is taking far l...

2023-10-27 15:33:33 ET More on Walt Disney Disney's Post-Strike Roadmap Revolves Around These Key Areas Disney: ESPN Risk Is A Big Issue (Rating Downgrade) Disney: Too Much Guesswork Required (Rating Downgrade) Walt Disney reportedly close to deal with Relian...

2023-10-27 13:03:16 ET Summary While revenues and operating income came in largely in line for 3Q23, net new additions and EPS exceeded expectations. 4Q23 net addition outlook, 2024 operating income margin outlook and the price hikes were all positive surprises as well. The st...

2023-10-27 07:15:00 ET To say Wall Street loved Netflix 's (NASDAQ: NFLX) quarter may be an understatement, as the stock shot up 16% the day following the report. Most of this enthusiasm stemmed from growing paid memberships and strong guidance, but I still have reservations about N...

2023-10-27 06:08:00 ET Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) dominate their respective markets of online retail and video streaming. But their dominance and size also mean revenue growth is slowing, which has pressured their stock prices over the last year. St...

2023-10-26 10:24:13 ET Summary Netflix reports strong third-quarter earnings, solidifying its position as the leading streaming company. The company's first-mover advantage continues to benefit its long-term growth prospects. While there are challenges and risks, buying Netfli...

2023-10-26 09:35:38 ET More on Markets Top 10 most oversold large-cap stocks on Wall Street Nasdaq falls into correction territory as tech earnings look shaky October has seen marked volatility in utilities sector - Charles Schwab's Liz Ann Sonders For furthe...

2023-10-26 01:10:53 ET Summary Align Technology experienced a significant drop in stock value due to lower-than-expected demand and a challenging macroeconomic environment. Luxury goods industry, including companies like Kering, also saw a decline in sales, indicating a slowdown i...

2023-10-25 10:00:00 ET Summary Netflix's strategy to crack down on password sharing has resulted in a meaningful increase in subscribers. However, this success wasn't a given, and the bear thesis has shifted from "it won't work" to "it's only temporary." While the increase in ...