The April merger of AT&T's WarnerMedia division and Discovery to produce Warner Bros. Discovery (NASDAQ: WBD) has investors talking about whether this entertainment and streaming giant is a stock to buy.
With the release of its second-quarter financial results, Netflix (NASDAQ: NFLX) reported a net loss of 1 million subscribers in the quarter ended June 30. And this followed a loss of 200,000 customers in the first quarter of this year. For a business that has relied heavily on g
Netflix (NASDAQ: NFLX) lost another 970,000 subscribers in the second quarter, after 200,000 ditched the service in the first three months of the year. That result is actually better than expected. In April, management called for it to lose 2 million subscribers in the second qua
Amazon (NASDAQ: AMZN) Prime's rampant growth has run out of steam. The online retailer's subscription service ended the first half of 2022 with 172 million members in the U.S., the same as six months ago, according to Consumer Intelligence Research Partners. The stagnation follow
Adding to sold-off stocks can often feel like an uncomfortable proposition for investors. However, it is crucial to remember that stock price movements and a business's operational performance are often two very different things.
Netflix (NASDAQ: NFLX) stock has notched a nice little rally in the wake of the company's second-quarter 2022 earnings. Share prices rallied some 25% in the days following the quarterly report. Global subscriber losses and resulting revenue didn't fall as much as expected, and sh
Netflix (NASDAQ: NFLX) announced its loss of 970,000 subscribers in the second quarter of 2022 after projecting a loss of 2 million. The company's hit content was a leading factor in the improvement, but its third quarter might not be so lucky -- here's why.
What happened
Fiverr International (NYSE: FVRR) shareholders beat the market this week as shares jumped 18% through 3 p.m. ET on Thursday. That's compared to a 2.1% rise in the wider market, according to data provided by S&P Global Market Intelligence.
Major U.S. indexes dipped on Friday as shares in social media and ad tech firms decline following weak earnings from Twitter and Snap, offsetting gains from card issuer American Express following an upbeat forecast.
What happened
Shareholders of iRobot (NASDAQ: IRBT) trounced the market this week as shares jumped 17% through 2:30 p.m. ET on Thursday. That's as compared to a 2.2% increase in the wider market, according to data provided by S&P Global Market Intelligence.
This week was marked by a somewhat shaky but nevertheless encouraging rally by the broader market, as upbeat earnings gave sentiment a boost. Coming off last week's impressive surge, the market pulled back by the end of the day on Monday as recession fears crept back in. The fol
U.S. stock indexes fell on Friday after dismal quarterly revenue from Twitter and Snap triggered declines in social media and ad tech firms, countering gains in American Express following an upbeat forecast.
Some of the losses seen by insiders who purchased US$20m worth of Netflix, Inc. (NASDAQ:NFLX) shares over the past year were recovered after the stock increased by 28% over the past week. However, the purchase is proving to be a costly gamble, since losses made by insiders have
Streaming services are in trouble. Because most launched around the time of the pandemic, the subscriber growth they achieved skewed expectations. With life returning to normal for most, the need or even the desire to sit around and just watch videos has been greatly diminished.
After logging its worst first-half performance in decades on Russia’s invasion of Ukraine, tightening monetary policy and surging prices, the U.S. stock market was off to a strong start in July. A strong jobs report, a better-than-expected Q2 earnings picture and a drop i
The S&P 500 and the Nasdaq fell on Friday as social media and ad tech firms led declines after dismal quarterly revenue from Twitter and Snap, while an upbeat forecast from American Express kept the Dow afloat.