A federal judge on Monday rejected Kevin Spacey's bid to dismiss a civil lawsuit in which fellow actor Anthony Rapp accused the Oscar winner of making an unwanted sexual advance during a party at Spacey's Manhattan home in 1986, when Rapp was 14.
Exercise bike maker Peloton Interactive Inc said on Monday its Chief Financial Officer Jill Woodworth had decided to step down, and would be replaced by former Amazon.com Inc executive Liz Coddington.
What happened
Shares of Paramount Global (NASDAQ: PARA) (NASDAQ: PARA.A) surged in May. The vote-wielding Class A stock with the PARAA ticker gained 16.8% last month, while the nonvoting Class B ticker PARA rose 17.9%, according to data from S&P Global Market Intelligence. The g
The Walt Disney DIS is benefiting from the growing popularity of Disney+ due to its strong content portfolio and a much cheaper bundle offering compared with its peers.
Netflix (NASDAQ: NFLX) is having one heck of a year but not in a good way. Shares have cratered 66% in 2022 and are down over 70% from last year's all-time high.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Growth ETF (Symbol: IVW) where we have detected an approximate $81.9 million dollar outflow -- that's a 0.3% decrease week over
The stock market sell-off of 2022 has created some real opportunities to find undervalued stocks. Down by 70% off its high, Netflix (NASDAQ: NFLX) stock is relatively cheap by historical standards. The streaming pioneer thrived at the pandemic's onset, but it is now grappling wit
Uncertainty has been the name of the game recently, as the stock market continues to face an immense amount of pressure from high inflation, rising interest rates, and economic impacts linked to the war between Russia and Ukraine. It comes as no surprise that technology stocks ha
Netflix (NASDAQ: NFLX) shocked investors when it not only reported its first subscriber loss in over a decade in the first quarter but also said losses would worsen in the second quarter. Management expects to lose two million subscribers between April and June this year.
The Walt Disney Company (NYSE: DIS) is home to some of the most popular content franchises in the world. At the pandemic's onset, the company's hands got tied behind its back as it was forced to close its theme parks, stop content production, and pause movie theater releases.
The stock market sell-off has created opportunities for long-term investors to scoop up shares of excellent businesses at relatively bargain prices. It's hard to pick just one, but if I could buy only one stock this month, it would be The Walt Disney Company (NYSE: DIS). The Hous
It's an understatement to say the market has fallen out of love with growth stocks. Since the Federal Reserve indicated it would begin raising interest rates, growth stocks have dived. Higher interest rates lower the present value of future cash flows, reducing what investors are
The Walt Disney Company (NYSE: DIS), which is celebrated globally for its first-class theme parks, movies, and television shows, has witnessed its stock price sink 30% since the start of 2022.
Netflix's (NASDAQ: NFLX) leadership team, led by co-founder and co-CEO Reed Hastings, used to be completely fine with accounts that shared passwords. The belief was that it would introduce more people to the service, who would then hopefully become paying members themselves. But
It's almost six months into 2022 and the stock market is still struggling to recuperate. The S&P 500 index is down almost 14% year-to-date, and though it has bounced off the lows it hit just a few weeks ago, a souring economy threatens to send the index lower.
It's a good bet that we won't be seeing Dan Loeb at a Walt Disney (NYSE: DIS) theme park anytime soon. The financier's large and influential hedge fund operator, Third Point Management, revealed through a regulatory filing last month that it has fully exited its once sizable posi
Facing a weaker economy, rising interest rates, and other destabilizing market forces, investors generally have been shifting their portfolios away from growth stocks. The growth-heavy Nasdaq Composite index has fallen by roughly 25% from the peak it hit last year, and there's a
While streaming services face a difficult post-pandemic environment, one in which gaining new subscribers has become more difficult, Roku's (NASDAQ: ROKU) competitive position in the industry is benefiting the company tremendously.
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