Nothing Netflix tells investors helps them confidently predict that this grow-now-and-pay-later strategy will pay off. You either believe it, or you don’t.
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Netflix’s Bird Box, You and other new programmes helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50% stock gain in recent weeks.
Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.
The Nasdaq Composite Index tumbled 3% on Friday, capping its worst week since the financial crisis. It’s now fallen 22% since its August record.
Spiralling losses in technology shares have pushed the Nasdaq Composite Index to the precipice of becoming the first major US stock gauge to enter a bear market since 2009.
Netflix is working to release its first-ever South African – and African – original television series, it was reported on Monday.
Netflix and other streaming video providers may be a long-term threat to MultiChoice, but the pay-television operator isn’t seeing too much of a challenge just yet, an analysis of the latest financial numbers from parent Naspers suggests.
Telkom said on Thursday that it has reached a partnership with Netflix to offer the global streaming giant’s service on its LIT set-top box.
I’m willing to pay twice what I’m paying today to a streaming service that does its best to get every artist’s latest album immediately after its release.
Investors hoping for a reprieve from the worst month for technology stocks in a decade were greeted with more selling on Monday.