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Netflix Inc Co-Chief Executive Ted Sarandos on Tuesday said he sees no sees no current path to profitability by bringing live sports to the streaming service.

(RTTNews) - Netflix Inc. (NFLX) will present at the UBS Global TMT Conference.

Warner Bros Discovery WBD announced that it is planning to launch its streaming platform in the upcoming spring 2023 under the name Max.This streaming platform, which is currently referred to as Beam internally, is a merger of two streaming services, Warner Bros’ HBO Max

These are scary times to be a consumer of financial news. There's no shortage of talking heads predicting that a recession is coming in 2023. The only question -- they would have you believe -- is whether it will land soft or hard.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $105.3 million dollar outflow -- that's a 0.8% decrease week over week (

Prince Harry said Britain's royal household regularly leak stories about each other, calling it "a dirty game" in a new trailer released on Monday for the much-anticipated Netflix documentary series about him and his wife Meghan.

Prince Harry said Britain's royal household regularly leak stories about each other, calling it "a dirty game" in a new trailer released on Monday for the much-anticipated Netflix documentary series about him and his wife Meghan.

Warren Buffett once said: "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." That advice is especially relevant right now. The Nasdaq Composite has slipped into a bear market, and many stocks have fallen s

After years of resisting the idea of advertising, Netflix (NASDAQ: NFLX) has done an about-face on the strategy. Its ad-based tier, priced at $6.99/month in the U.S., launched in November and is now live in 12 countries.

FAANG stocks dominated the stock market for a decade, but this year the elite group of stocks has fallen flat. Meta Platforms, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon, Netflix (NASDAQ: NFLX), and Apple have all fallen this year, and all but Apple have underperformed the N

While this year was brutal for many corporations, some are looking forward to exciting developments in 2023 that could help reverse their fortunes. Take streaming giant Netflix (NASDAQ: NFLX), whose shares are down 48% in the past 12 months. The company is making important change

Netflix's (NASDAQ: NFLX) Glass Onion could've been a box-office blockbuster.

The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.NETFLIX INC (NFLX) is a larg

Prince William greeted U.S. President Joe Biden at the waterfront in Boston on Friday, part of a three-day visit by British royals trying to focus attention on tackling environmental issues.

Paramount Global’s PARA ad-supported streaming service Pluto TV continues its international rollout with the launch of the service in Canada through a partnership with Toronto-based Corus Entertainment, which has a large library of food and lifestyle programming and opera

What's good for the economy, isn't always good for the equities market. It's a topsy-turvy world in which stock traders are looking for signs of a slowdown in U.S. hiring so that the Federal Reserve will have an excuse to pause its interest-rate hikes or even pivot to interest-rate cuts next year. Even though Federal Reserve Chairman Jerome Powell's speech from a few days ago was this week's most impactful market event, this morning's employment-data report was also significant. So, let's see what the numbers indicate and how it could potentially affect your investments now. Nonfarm Payrolls Print Comes in Hotter than Expected At first glance, the Labor Department's report for the month of November might not seem noteworthy. After all, the 3.7% unemployment rate was perfectly in-line with what economists had anticipated. Yet, there's more to the story here. As it turns out, nonfarm payrolls in the U.S. increased by 263,000 during the month of November. That's a lot higher than the 200,000 that economists had projected. On top of that, average hourly earnings increased 0.6% year-over-year in November. Economists, meanwhile, had modeled an increase of 0.3%. In other words, a surprisingly high number of people are working and they're getting paid more than the experts had anticipated. In order to slow down its trajectory of interest-rate increases, the Federal Reserve wanted to see signs of a cooling economy, which would help to tamp down inflation. However, given the aforementioned labor data, stock traders feel that the central bank will be less inclined to pause or pivot in the near future. These Stocks are Impacted the Most All of the major stock-market indices are down, with the Nasdaq falling further than the S&P 500 and the Dow Jones Industrial Average. As of 11:00 a.m. Eastern time, the Nasdaq was down 1.3%. Clearly, last year's high flyers are at risk. The Nasdaq is dominated by 2021's growth stocks, such as Tesla ( NASDAQ: TSLA ), Meta Platforms ( NASDAQ: META ), and Netflix ( NASDAQ: NFLX ). These stocks, which had elevated P/E ratios last year, are vulnerable as the Federal Reserve continues to tighten its monetary policy. Also, chipmakers are feeling the heat today as shares of semiconductor manufacturers Intel ( NASDAQ: INTC ), Advanced Micro Devices ( NASDAQ: AMD ), and Micron ( NASDAQ: MU ) are falling fast. Historically, chipmakers have tended to be susceptible to changes in interest rates. There really are no safe havens in this environment, as even the less tech-heavy Dow Jones Industrial Average is in the red today. Investors might consider less volatile stocks for the time being, such as Walmart ( NYSE: WMT ), which generally has all-weather appeal. Disclosure

It's no real surprise to learn streaming services like Netflix (NASDAQ: NFLX) and HBO Max are struggling to add subscribers. The COVID-19 pandemic created a swell of demand that was never going to be sustained, and a significant number of streaming options have surfaced just with

Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as sluggish deal markets weigh on Wall Street profits.

Wall Street slipped on Thursday as a contraction in manufacturing activity last month clouded data showing a mild easing in inflation and solid consumer spending, while a fall in Salesforce shares dragged the Dow lower.

Morgan Stanley is making modest job cuts across the globe, Chief Executive Officer James Gorman said, as Wall Street comes under pressure with dealmaking slowing down.