Tag Archives: Netflix

(Bloomberg) — The latest smash hit from the Korean entertainment world “Squid Game” is also proving popular with investors, who have been snapping up shares of at least two companies related to the thriller series. Most Read from Bloomberg A dramatized survival game in the vein of “Hunger Games,” the show currently tops the global rankings on Netflix Inc., and is the first Korean drama to claim the No. 1 spot in the U.S. on the service, according to data from streaming ratings firm… Source link

Apple TV+ (AAPL) delivered quite the performance at the 73rd Primetime Emmy Awards — securing 10 total wins and nearly sweeping the comedy category with its breakout series “Ted Lasso.” Yet it remains to be seen whether that will translate into a new user boom for the fledgling streaming platform. The show has been a particularly bright spot for the tech giant, which has struggled to compete against big players like Disney+ (DIS) and Netflix (NFLX) — in addition to converting free trial… Source link

Apple (AAPL) may be teasing a bigger streaming content push at a big event scheduled for Sept. 14, but Wall Street thinks Netflix (NFLX) will remain the dominant force in the streaming category for years to come. “I have not been impressed by what Apple has done. They have created a couple quality shows and a lot of less than interesting shows. They are just not getting that broad appeal yet,” said Bank of America analyst Nat Schindler on Yahoo Finance Live. “They obviously have a lot of… Source link

An antitrust lawsuit filed against Google and its Play Store by several state attorneys general echoed the Epic vs. Apple battle, and a new document highlights how and why Google’s app store is so similar. MLex senior correspondent Michael Acton points out the new complaint, which arrived Friday night from lawyers appointed to represent consumers (that’s us) in a potential class-action lawsuit that joins the states and Epic Games in accusing Google of abusing its monopoly power and of… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe The video game business will be harder for Netflix than streaming Netflix (NFLX) may need to reinvent itself as people become unglued to their couches and streaming competition from the likes of Disney (DIS) and Amazon (AMZN) heats up. Just Tuesday, Netflix reported a third-quarter new subscriber… Source link

Netflix (NFLX) is set to announce its Q2 2021 earnings after the closing bell on Tuesday, with investors looking to see if the streaming giant can recover after missing analysts’ expectations by nearly 2 million subscribers in Q1. Here’s what Wall Street is expecting from the company as compiled by Bloomberg versus how it performed in the same quarter last year. Revenue: $7.32 billion expected versus $6.14 billion in Q2 2020 Earnings per share: $3.14 expected versus $1.59 in Q2… Source link

Netflix (NFLX) recently announced it’s moving into the gaming sector with the hire of a 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe that the move into the cutthroat gaming industry won’t pan out for the content platform. “This thing is dead on arrival. It will not work,” Michael Pachter, senior analyst at Wedbush, told Yahoo Finance Live. “Have me back and we’ll talk about Mike Verdu’s departure and the exit of Netflix… Source link

The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link

Netflix’s (NFLX) striking miss on first-quarter subscriber additions vindicated some analysts’ views that the future growth prospects for the company would start to dwindle once users started going out again after the COVID-19 pandemic. While others remain bullish on the streaming giant. “Netflix, they’re in a damned if you do, damned if you don’t situation. Investors are now demanding cash flow. They burned through tens of billions of dollars building the platform,” David Trainer, chief… Source link

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link