Many investors likely own shares of Spotify Technology (NYSE: SPOT) because they're familiar with its service. Streaming is gaining real traction in the entertainment industry, so Spotify seems like a good bet. But with the stock price down 50% year to date, investors are probabl
Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
What happened
Shares of Apple (NASDAQ: AAPL) climbed higher on Wednesday, adding as much as 4.1%. At the end of the trading day, the stock was still up 3.8%.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE Growth ETF, which added 11,200,000 units, or a 10.6% increase week over week. Among the largest underlying components of EFG, i
Investors looking for stocks in the Broadcast Radio and Television sector might want to consider either Nexstar Broadcasting Group (NXST) or Netflix (NFLX). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
Comcast (NASDAQ: CMCSA) is one of the biggest media companies in the world, offering cable and internet service, theme parks, video streaming, and more under its corporate umbrella. That should make it diversified enough to withstand the kind of economic turbulence we're seeing i
Streaming company Roku (NASDAQ: ROKU) recently reported its earnings for the second quarter of 2022, and the stock fell over 20% the next day. Ouch. Understandably, investors might be soul searching, trying to figure out what it means and whether Roku's future is still bright.
Ad-supported tiers are a growing trend in the streaming industry, with free, ad-supported streaming TV (FAST) services particularly rising in popularity. As the streaming wars continue to heat up, many platforms could benefit from a FAST tier. Here's why.
Streaming platform fuboTV (NYSE: FUBO) was a market darling during COVID-19 when the stock quickly soared more than 700% to its peak in late 2020. But investors are left picking up the pieces after the stock has fallen 96% from its high since then.
Competition in the streaming industry is fierce, with content at the center of the fight to the top. Many of the biggest names in streaming have content libraries that span decades. However, Netflix (NASDAQ: NFLX) is playing catch-up after entering original content production in
U.S. payments firm PayPal has registered as an electronic systems operator in Indonesia and its customers can now access its services, the company said on Wednesday.
What happened
Shares of Netflix (NASDAQ: NFLX) gained 28.6% in July, according to data from S&P Global Market Intelligence. After two disappointing earnings reports and a gloomy first half of the year, the digital-video veteran presented a rosier picture of its subscriber gro
The tech-heavy Nasdaq Composite Index logged in the best month since April 2020, rallying 12.3% in July and showing an astounding comeback from the heavy sell-off led by soaring yields. Invesco QQQ QQQ, which serves as a proxy to the index, gained 11.3% last month.Though
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Streaming services saw a bump in sign-ups through the worst months of the pandemic. But as the world has somewhat returned to normal, the subscriber story has been mixed.
Netflix (NASDAQ: NFLX) is currently working on an ad-supported tier aimed at more cost-sensitive customers. The company has yet to disclose pricing details or to confirm an exact launch date, only saying it will arrive in early 2023. But there are signs that the advertising-based
France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc, a document showed on Monday.
France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc, a document showed on Monday.