NFLX News and Press, Netflix Inc. From 01/02/24

2024-01-02 03:12:59 ET Summary Ad spending growth is widely forecast to accelerate in 2024, after a bumpy start to 2023 stemming from macro uncertainty as growth forecasts were pulled lower mid-year. Growth forecasts from Magna, Dentsu and GroupM generally point to an acceleration...

2024-01-01 20:34:00 ET Communication Services Select Sector SPDR Fund ETF ( XLC ), which tracks S&P 500 Communication services sector, made a comeback in 2023 with a gain of 50%, compared to over 30% decline in 2022. The communication services sector, which consists of stocks in...

2024-01-01 03:14:28 ET Summary The bullish case for Netflix is less clear now that its stock price has seen a strong rebound in the past 18 months and valuation measures are higher. However, profitability-boosting measures like paid sharing and the ad-supported tier are still in t...

2023-12-29 20:45:00 ET Cineplex ( TSX:CGX ) had quite an eventful year, with a big return to the cinemas during the so-called Barbenheimer weekend, a weekend that saw two hit films in Oppenheimer and Barbie released. Indeed, Cineplex and the rest of the movie theatre ind...

2023-12-29 17:00:00 ET Summary The S&P 500 Index is currently valued at 20 times forward earnings, above the long-term average but still within 1 standard deviation. The Expanded Tech stocks within the S&P 500 are driving most of the value premium multiple, with the Ex-Tec...

2023-12-28 20:24:02 ET Summary Linear TV advertising is expected to hold steady at $66 billion despite the decline in linear TV viewership and the rise of streaming, a fundamentally irrational allocation of marketing funds. Fox is most exposed to a sudden correction towards ration...

2023-12-28 10:30:00 ET Summary Why Dan Rayburn calls Netflix's recent data release useless. The numbers do not offer meaningful insights into the business, such as completion rates and unique viewers. Despite its flaws, Netflix remains the industry's gold standard due to its r...

2023-12-28 05:51:00 ET The stock market is a proven wealth generator over the long term, even for conservative investors who buy index funds. But some individual stocks like Netflix (NASDAQ: NFLX) have delivered an absolute fortune to investors who were game enough to bet on them ea...

2023-12-27 13:59:02 ET More on Amazon Amazon: Path To $220 In 2024 Amazon: Time To Load Up Why Amazon Will Come Out Ahead In The Generative AI Race Anthropic eyes over $850M in annualized revenue rate by end of 2024 - report Amazon gets FDA letter on ...

2023-12-27 12:14:37 ET Summary Netflix delivered strong Q3 results with impressive margin expansion and free cash flow growth. The partnership with Microsoft is seen as a positive development. I am upgrading to a 'Buy' rating with a fair value of $550 per share. Netf...