|Bid||323.90 x 1000|
|Ask||324.18 x 1000|
|Day's range||322.80 - 326.42|
|52-week range||144.25 - 338.82|
|PE ratio (TTM)||259.34|
|Earnings date||16 Jul 2018 - 20 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||333.12|
With about one quarter of the nation's homeless population in California, the problem has emerged as major issue in this year's governor's race in the state.
Netflix's DVD-rental service, DVD.com, is still in operation and is profitable. The company now has 17 DVD distribution hubs around the U.S., down from 50 in mid-2016. Many people still use the DVD service because the streaming service often gets newer movies and TV shows much later. And DVD.com has a much larger collection of titles.
The television set has been an obsession for information technology companies for decades, as one after another sought to dip a toe or more into TV’s enormous advertising pool, hoping to stir the waters. The biggest disrupter, of course, is Netflix (NFLX). Walt Disney’s (DIS) most recent quarterly earnings report was the eighth straight in which the company’s network advertising revenue declined.
A Wall Street analyst pounded the table for Netflix stock on Friday, saying the internet television network is poised to expand its competitive moat with original content and international distribution.
The story revolves around a group of people that tries to expose "the insidious new ways that Wall Street generates profits."
This uncertainty makes up the lion’s share of the risk related to an ownership stake in Netflix, and makes it uninvestable if you take the word "invest" at its literal meaning. Netflix generated $11.7 billion in revenues in 2017 from these subscribers.
This week's frantic maneuvers between (most of) the CBS board and Shari Redstone's National Amusements remind that the owners of companies aren't always in command of that which they putatively control. More importantly, the week's court fights are yet another illustration that Hollywood's focus on gigantism has left them distracted by M&A when they could be investing and building the new businesses they'll need to compete with the giant tech competitors transforming their industry. Simply put, Hollywood's biggest guns are fiddling an ode to oversized-ness worthy of Nero.
Bank of America Merrill Lynch reiterates its buy rating for Netflix shares, citing the rising number of broadband internet users in international markets.
The stock market just might shuffle to a weekly win, helped by all those good vibes from the energy sector, small caps and the royal wedding. It’ll be close though, as China and North Korea remain headaches, and the 10-year Treasury yield refuses to lend a hand. “I believe Spotify could be the next horseman,” he wrote recently, suggesting that Sweden’s music-streaming star deserves to be mentioned in the same breath as Netflix (NFLX)and even “the Four” — Amazon (AMZN) , Apple (AAPL) , Facebook (FB)and Google (GOOG) (GOOGL) .
President Trump expressed doubt about the prospects of successful trade talks with China on May 17. The second round of trade talks is underway in Washington between a Chinese trade delegation and top US officials to avert a trade war.
Amazon (AMZN) recently disclosed that it had $12.4 billion in future cloud computing revenue at the end of the first quarter. The massive cloud revenue backlog is due to long contracts spanning several years. Amazon said it expects to recognize the cloud revenue backlog in little more than three years on average. Amazon’s accumulation of more than $12 billion in long-term cloud contracts seems to show a high level of loyalty among Amazon’s cloud customers, despite escalating competition from rivals.
On May 9, Walt Disney (DIS) had a market capitalization of ~$149 billion, higher than peers Netflix (NFLX) and Comcast (CMCSA), which have market caps of ~$144 billion and ~$141 billion, respectively. In the media space, this metric for Time Warner (TWX) and Dish Network (DISH) reached ~$72.3 billion and ~$14.5 billion, respectively, on the same date.
China’s biggest Netflix-like streaming site finally has a plan to get into the rapidly expanding arena of social and user-generated short-form videos. The Baidu Inc. spinoff had long recognized the potential but chosen to focus on its core business out of necessity, iQiyi Chief Executive Officer Gong Yu told Bloomberg Television Thursday. Apps from Kuaishou to Douyin have taken China by storm, helping users shoot and share millions of clips featuring everything from dancing teens to noodle-slurping villagers.
Shares of Spotify (SPOT) and Pandora (P) both opened lower on Thursday after Google (GOOGL) announced that it will roll out a YouTube-based music-streaming service. In doing so, the technology giant joins an already crowded space, complete with some of the biggest names on Wall Street. Let's dive into the current streaming music landscape to gauge not only how things stand now, but what the market might look like down the line.
T-Mobile (TMUS) has been strengthening its customer base as of late. Notably, T-Mobile’s potential merger with Sprint (S) is expected to build a customer base of ~127 million and give stiff competition to the top two wireless carriers in the country, Verizon (VZ) and AT&T (T). T-Mobile has launched 14 Un-carrier efforts since the initiative’s launch in September 2017 and has remained successful in attracting more customers than its competitors.
As a deep value investor, Netflix sticks out like a sore thumb. Their valuations are incredibly high, I believe most of their performance has come from momentum and due in large part because they are grouped into the “FANG” stocks.