
Zoom’s 85% Selloff Has Analysts Calling for a Rally
(Bloomberg) -- The selloff in Zoom Video Communications (NASDAQ:ZM) Inc.’s stock may have gone too far. That’s the message from Benchmark Co.’s Matthew Harrigan and other analysts, who...
(Bloomberg) -- The selloff in Zoom Video Communications (NASDAQ:ZM) Inc.’s stock may have gone too far. That’s the message from Benchmark Co.’s Matthew Harrigan and other analysts, who...
In the past six quarters, Netflix "Gross Additions" have remained fairly stable, ranging from 2.2 million to 2.9 million.
San Francisco, May 22 (IANS) As Netflix (NASDAQ:NFLX) admitted that it is fast losing paid subscribers, data analytics provider Antenna has revealed that the subscription platform actually...
A what-if comedy and the sequel to a risqué romantic drama were the two most popular movies on Netflix during the first half of May. To determine the most watched movies on Netflix so far...
Here are seven major companies whose stocks moved on the week’s news.
An underfunded IRS has led to billions in lost tax revenue.
Netflix has agreed to pay more than 55.8 million euros and set up a legal entity in Italy to settle a tax dispute, Milan prosecutors said on Friday.
A big reason the platform has been planning for this expansion is that more subscribers are watching content from across the globe.
Prosecutors had opened an investigation into potential tax evasion three years ago. They claimed Netflix should have paid taxes in Italy because it relied on digital infrastructure to stream...
The streaming giant is expanding the language availability to over 20 languages for supporting the Deaf and Hard of Hearing (SDH)
To mark Global Accessibility Awareness Day this year, Netflix has made some helpful additions to the platform.
At the upfronts, as the television industry’s annual pitch event for advertisers is known, the traditional TV aspect of the spiel this year may have never been less important.
San Francisco/New Delhi, May 19 (IANS) Netflix (NASDAQ:NFLX) is fast losing long-term subscribers -- who have been with the streaming service for more than three years - further adding to...
Those who believe the financial situation at Netflix could get no worse should prepare for another rude piece of news.
Netflix subscribers who used the app for more than three years accounted for just 5 per cent of total cancellations at the start of 2022.
The streaming giant has rescheduled the release of the Hindi version by 12 days due to crazy demand. Earlier, the Hindi version of RRR was supposed to release on June 2.
After notching its worst month since 2008 in April, the tech-heavy index continues to deflate this month too, with many in danger of seeing their gains from the pandemic's earlier phases,...
Netflix's subscriber woes this year could be pushing it to be more and more like the industries it disrupted.
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, May 18th. Please refresh for updates. Target (NYSE:TGT) stock slumped 23% after the big-box...
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Wednesday, handing back some of the previous session’s gains after disappointing quarterly results from retail giants ...
San Francisco, May 18 (IANS) Streaming giant Netflix (NASDAQ:NFLX) has laid off nearly 150 employees, primarily in the US, as it suffers from slow user growth amid stalled paid...
The layoffs represent approximately 2% of the company's workforce in the United States and Canada.
The job cuts come as Netflix reported its first loss of subscribers in more than a decade and forecast deeper losses in the coming quarter. It said the war in Ukraine and fierce competition...
Netflix lost 200,000 subscribers in the first quarter.
(Reuters) -Netflix on Tuesday said it has laid off about 150 people, mostly in the United States, as the streaming service company faces slowing growth.
Netflix Inc. is laying off about 150 employees, according to an internal memo sent Tuesday and confirmed by the streaming giant.
Netflix is laying off around 150 employees across the company, CNBC confirmed Tuesday.
The new agreement extends and expands on a previous agreement that the companies signed in September 2020 and creates a pipeline of Netflix programming work for DNEG through 2025
Shares of Netflix (NASDAQ: NFLX) are far off from their 2021 highs with the stock currently hovering near its 52-week low of $162.71, and has cratered 68.8% year-to...
The move away from Netflix, whose stock price is down 69% for the year to date, comes as fund managers reassess large technology companies which rallied following the start of the...
By Sam Boughedda Investing.com -- U.S. equities are mixed Monday after initially starting the session firmly lower. The Dow is up, while the S&P 500 and Nasdaq are trading slightly down at...
Wedbush analyst Michael Pachter upgraded Netflix (NASDAQ:NFLX) shares to Outperform from Neutral with a $280.00 per share price target. The upgrade call is based on expectations that the...
In the updated guidelines, Netflix has asked employees to be prepared to work on the content they may not agree with. The company added that anyone who doesn't like the content offered on...
After it reported a subscriber loss in Q1 2022, Netflix (NFLX) is signaling that it is not going to be business as usual. As it pursues new growth opportunities, the company is taking steps...
Netflix has told its employees that if they do not agree with its content, they can leave the streaming giant -- a move that received a thumbs up from Tesla CEO Elon Musk.
Billionaire Elon Musk has hailed Netflix's recent policy move. Here's what he said exactly.
Netflix's upcoming live-streaming feature is reportedly in the early stages of development at the moment, but once implemented, this would allow Netflix to ask its viewers for live voting...
The streaming service giant also plans to start cracking down on password sharing among subscribers around the same time.
Netflix employees staged a walkout in protest of the company's decision to retain the comedian's special on the service despite criticism that it was homophobic and transphobic.
'If you’d find it hard to support our content breadth, Netflix may not be the best place for you,' the company culture section ended.
JPMorgan) analyst Doug Anmuth reflected on the recent weakness seen in Netflix (NASDAQ:NFLX) stock. Netflix trades over 70% lower YTD and roughly 75% from the record high. Anmuth reminds...
By Liz Moyer Investing.com -- U.S. stocks stumbled on Thursday yet again, on lingering concerns that inflation pressures will force the Federal Reserve to act more aggressively on interest...
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Thursday, continuing the previous session’s sharp selloff with investors worried that persistent and elevated inflation...
Shares of Walt Disney Co. were dropping in Thursday morning trading after the media giant easily topped expectations with its latest Disney+ subscriber numbers but suggested that the recent...
Bob Chapek, CEO of The Walt Disney Company said that the company is on track to reach 230 to 260 million subscribers by fiscal 2024
May 12 Walt Disney Co eased concerns on Wednesday about the future of streaming video by picking up 7.9 million new Disney+ customers, although the company warned supply chain disruptions...
By Sam Boughedda Investing.com -- Shutterstock (NYSE:SSTK) announced Wednesday that it has acquired Pond5 for $210 million in cash. Pond5 is an online marketplace for royalty-free and...
(Bloomberg) -- Even as Walt Disney (NYSE:DIS) Co.’s stock heads for its biggest annual drop in at least 47 years, analysts are clinging to their price targets for the media giant,...
San Francisco, May 11 (IANS) Battered by slow growth and diminishing global user base, Netflix (NASDAQ:NFLX) has fast forwarded its plans to bring ads right into its TV shows and...
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