345.04 +0.32 (0.09%)
After hours: 7:59PM EDT
|Bid||344.98 x 800|
|Ask||345.04 x 900|
|Day's range||328.09 - 345.00|
|52-week range||144.25 - 345.00|
|PE ratio (TTM)||275.78|
|Earnings date||16 Jul 2018 - 20 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||333.12|
Netflix (NFLX) stock has been beating Wall Street expectations on a regular basis. Netflix’s domestic subscribers are growing despite the fact that the company is part of a mature market. Its domestic subscribers grew 3.6% sequentially in the first quarter, reaching 56.7 million.
Netflix’s (NFLX) original programming seems to be leaving the likes of HBO (TWX), Amazon (AMZN), and Hulu in the dust. According to new research by Morgan Stanley published in Variety, 39% of respondents said that Netflix had the “best original programming” among all subscription services compared to 33% last year. Morgan Stanley’s survey polled 3,100 American adults over the age of 18.
Netflix Inc. overtook cable giant Comcast Corp. in market value on Wednesday, highlighting the dramatic rise of video streaming at the expense of traditional television.
Former President Barack Obama and his wife Michelle have agreed to create content for Netflix under its Higher Ground Productions. Netflix has earmarked a lot of capital for content and probably won’t hesitate to write them a big check. Netflix believes the Obamas will create valuable content and that a good chunk of its users will watch.
Netflix may have unparalleled value, but HBO Creative Consultant Frank Rich says HBO has Netflix beat as far as quality of content and transparency for creators.
Professional apps like Final Cut Pro and Logic Pro represent recurring revenue opportunities for Apple as the company builds its software business.
Apple (phones), Google (search), Microsoft (software), Facebook (social) and Amazon (retail) dominate their respective sectors thanks to winning products and services. The five tech brands above do it better than anyone else and are the five most valuable brands in the world by Forbes’ count, worth a combined $586 billion, up 20% from last year. Leading the pack as the world’s most valuable brand for the eighth straight year is Apple, with a value of $182.8 billion, up 8%.
Disney's stock offer would allow Fox to spin off the assets tax free, while a cash offer from Comcast would result in a taxable spin, sources say.
Comcast says it's in "advanced stages of preparing" an offer for parts of Twenty-First Century Fox that the Rupert Murdoch company agreed to sell to Disney.
Comcast’s (CMCSA) cable business generated revenue of $13.5 billion in the first quarter, a rise of 3.6% year-over-year. Comcast’s first-quarter revenue was mainly driven by strong growth in its business services units and growth in high-speed Internet and advertising revenues. The growing popularity of Xfinity Home and the rising revenue growth from X1 licensing agreements have also been benefiting its cable business.