Netflix Inc
Here are Wednesday’s biggest analyst calls: Amazon, Apple, Tesla, Netflix, Twitter, Snowflake & more
Here are Wednesday’s biggest calls on Wall Street: KeyBanc initiates Lyft and Uber as equal weight KeyBanc said the ride-sharing companies need to prove that profitability is sustainable. “For Uber profitable growth is necessary to prove out. Investors already view Uber as a LT outperformer due to its scale. … . For Lyft , profitability […]
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Here are the nominees for the major Emmy categories — ‘Succession’ and ‘Ted Lasso’ lead the field
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off […]
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How many F-bombs trigger an R rating? An obscure movie industry panel decides
A poster of Motion Picture Association film ratings hangs next to a poster displaying a message about new cleaning procedures in the lobby of Cinemark’s Century 16 at the South Point Hotel & Casino on in Las Vegas, Nevada. Ethan Miller | Getty Images How many F-bombs can a movie have before it’s rated R? […]
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Asset manager names his top stocks trading at a ‘sizable discount’ right now
With stock markets yet to emerge from the doldrums of a brutal first half sell-off, investors are increasingly seeking strategies to preserve and grow their capital. Asset manager Jack Ablin tells CNBC how he’s trading the market volatility, highlighting some of his top stocks along the way. Investors should be putting their money in companies […]
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Netflix announces ‘Stranger Things’ spin-off as creators form new production company
(L-R) Matt Duffer and Ross Duffer attend Netflix’s Stranger Things ATAS Official Screening at Raleigh Studios Hollywood on May 27, 2022 in Los Angeles, California. Emma Mcintyre | Getty Images Entertainment | Getty Images Netflix plans to bolster its offerings with more content from its most popular property, “Stranger Things.” The streaming giant revealed Wednesday […]
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Stocks making the biggest moves midday: Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the […]
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Hulu is facing an existential crisis as Disney approaches a 2024 deadline to buy Comcast’s 33% stake
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California. Rachel Murray | Getty Images Disney has a Hulu problem. In 2019, the entertainment giant struck an unusual agreement with Comcast. Two months earlier, Disney had acquired Fox’s 33% stake […]
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Barclays cuts Netflix target, sees bigger subscriber losses than expected
Netflix is on track to report another weak quarter as rising competition results in a big hit to subscribers, Barclays said. For the second quarter, Barclays anticipates a 2.8 million subscriber loss compared with Netflix’s anticipated 2 million loss. Meanwhile, recent credit card data from the bank suggests U.S. subscribers fell roughly 1% month-over-month in […]
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Jim Cramer says investors should eye these three tech names in the Nasdaq 100
CNBC’s Jim Cramer on Tuesday told investors his three stock picks from the worst- and best-performing stocks in the Nasdaq 100 during the first half of this year. “Tech stocks were horrendous in the first half. … No Apples, no Googles, no semis, no software as services – just default names that show you that […]
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Piper Sandler cuts Netflix price target, says ‘Stranger Things’ to provide only short-term relief
Netflix is still a “business in transition” story for investors to monitor and not buy yet, even with shares down more than 70% from their highs, according to Piper Sandler. Analyst Thomas Champion reiterated a neutral rating on Netflix and cut his price target by 28%. In a Tuesday note, the analyst said stiffer competition, […]
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