Netflix Inc
HBO grows to nearly 77 million total subscribers as Netflix reports a decline
HBO and HBO Max had 76.8 million subscribers at the end of the first quarter of 2022, former parent company AT&T reported Thursday. That marks a 3 million subscriber increase from the previous quarter and a 12.8 million year-over-year increase. Domestic average revenue per user (ARPU) reached $11.24, up from $11.15 last quarter. The news […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after back-to-back Dow gains Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images […]
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Bill Ackman sells Netflix stake after post-earnings plunge
Ackman on Jan. 26 announced he purchased more than 3.1 million shares of Netflix, making him a top-20 shareholder. Source
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Jim Cramer names 4 stocks that can endure the Fed’s ‘aggressive tightening cycle’
CNBC’s Jim Cramer on Wednesday named four stocks that he believes can keep investors steady through market turmoil. “As someone who thinks it’s a good idea to stay in the market, I’m urging you to consider companies that fit the funnel … while avoiding almost anything else,” he said. “It’s not that tough a prescription, […]
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Jim Cramer says two streaming stocks stand out in wake of Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its pullback actually was deserved. As for the other streaming plays that were collateral damage, you’ve got my blessing to buy the ones […]
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Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM and more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Netflix — Shares of the streaming giant sank 35% after Netflix reported a loss of 200,000 subscribers in the most recent quarter. Netflix cited increasing competition, password sharing […]
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Legacy media has disrupted Netflix. The consequence may be mutually assured destruction
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images We must be living in the Upside Down. Legacy media has disrupted Netflix. Netflix announced Tuesday it’s exploring adding a lower-priced, advertising-based tier to its service. The […]
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Looking for the next earnings season blowups after the Netflix disaster
CNBC Pro found more companies with similarly troubling set-ups after shockingly poor subscriber numbers cratered Netflix shares. Source
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These investors could face big losses on Netflix’s massive sell-off
Investors who held significant stakes in Netflix could be faced with steep losses. Source
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Netflix hit with 10 downgrades as Wall Street analysts bail after ‘shocking’ subscriber loss
Shares of Netflix sank more than 20% in extended trading after a big miss on subscribers in the first quarter. Source
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