NFLX News and Press, Netflix Inc. From 01/29/24

2024-01-29 05:00:00 ET Netflix (NASDAQ: NFLX) is the world's largest streaming platform, and that is becoming more evident with each passing quarter. The company just reported its financial results for the fourth quarter of 2023, and it added 13.1 million subscribers, a record for t...

2024-01-29 04:30:19 ET Summary Netflix added 13.1M new subscribers in Q4, outperforming expectations. The streaming company achieved double-digit top line growth and saw accelerating subscriber net-adds. Netflix's free cash flow soared 376% YoY. FCF margins are looking very go...

2024-01-28 21:48:16 ET Summary Tech stocks have outpaced all other S&P 500 sectors in the past three months as AI fervor continues to permeate markets. The Technology Select Sector SPDR Fund ETF could feature some volatility due to upcoming mega-cap tech earnings this week. ...

2024-01-28 12:26:00 ET Not long ago, Netflix (NASDAQ: NFLX) had investors very worried. Revenue and membership growth decelerated rapidly in 2022 and eventually hit low-single-digit levels. Also weighed down by a sell-off in tech stocks, the stock cratered, falling more than 50% in ...

2024-01-28 12:17:00 ET Last week, Netflix (NASDAQ: NFLX) made its first big move into live event programming by striking a deal with TKO Group Holdings (NYSE: TKO) for its subsidiary WWE's Raw distribution rights. The reported 10-year, $5 billion-plus agreement will brin...

2024-01-28 11:52:19 ET Summary Baillie Gifford's 13F portfolio value increased from ~$110B to ~$126B this quarter. The top three holdings are MercadoLibre, NVIDIA, and Amazon.com, accounting for ~17% of the portfolio. Baillie Gifford increased stakes in PDD Holdings, Shopify, ...

2024-01-28 08:00:00 ET One of the biggest reasons people decide to cut the cord with cable providers is cost. Although cable companies offer consumers a variety of different packages, the costs associated with traditional television services can be hard to justify if you only watch a limite...

2024-01-27 12:00:00 ET Netflix 's (NASDAQ: NFLX) stock soared 11% on Jan. 24 after the streaming-video giant posted its fourth-quarter earnings report. Revenue rose 12.5% year over year to $8.83 billion and exceeded analysts' estimates by $120 million. Net income surged a whopping 1...

2024-01-27 09:33:00 ET Few stocks fell as far in the 2022 tech stock crash as Roku (NASDAQ: ROKU) . From peak to trough, Roku stock fell more than 90% as stocks and industries that boomed during the pandemic crashed in the reopening. Streaming media was one of them. Streamin...

2024-01-27 08:58:00 ET In the face of decades-high inflation and the worst stock market downturn since 2008, Netflix (NASDAQ: NFLX) was largely written off by investors. The stock plunged 51% in 2022, marking its worst showing since 2011. Investors were skittish, and with good reaso...