U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
I purchased shares in Curiosity Stream (NASDAQ: CURI) last year for around $14 each. Now the stock is worth $2.40 per share -- a decline of almost 83%. But despite the carnage, Curiosity Stream's buy thesis remains intact, and the company could be poised for long-term recovery. L
Netflix's (NASDAQ: NFLX) stock recently sank to its lowest levels since early 2018, following its first-quarter earnings report on April 19. The main reason was its first loss of subscribers in more than a decade.
AT&T (NYSE: T) reported its first-quarter results just a couple of days after Netflix (NASDAQ: NFLX) announced its first subscriber loss in over a decade. The quarterly report included details about HBO Max, one of Netflix's biggest rivals in the streaming industry. And while
U.S. stocks were set to open lower on Monday, signaling a fresh round of selloff on Wall Street as fears over China's COVID-19 outbreaks spooked investors already concerned about aggressive U.S. interest rate hikes.
When it comes to stock valuations, there's at least some truth to the old saying, "it's all relative." At least in the near term. The market's approach to assigning reasonable price-to-sales and price-to-earnings ratios can change dramatically in a relatively short amount of time
U.S. stock index futures fell on Monday, signaling a fresh round of selloff on Wall Street as fears over China's COVID-19 outbreaks spooked investors already concerned about aggressive U.S. interest rate hikes.
One of the biggest concerns for streaming video platforms and their investors is the prospect of churn -- or viewers canceling their subscriptions and moving on. The height of the pandemic resulted in unprecedented adoption of in-home entertainment options and direct-to-consumer
For Immediate ReleaseChicago, IL – April 25, 2022 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Netflix NFLX, Apple AAPL, Amazon AMZN, Alphabet GOOGL and Meta Platforms FB.
Most of the attention on Netflix's (NASDAQ: NFLX) earnings report this week has focused on the fact that the streaming leader lost subscribers for the first time in over a decade. The company's total membership number contracted by 200,000 in the period, and in the current quarte
The cord-cutting movement is still going strong, to be sure. Leichtman Research Group estimates roughly 4.7 million U.S. households canceled their cable television service in 2021, more or less mirroring 2020's tally. And it's unlikely that trend slowed significantly during the f
Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to the year.
Shares of Netflix (NASDAQ: NFLX) are down more than 37% following the release of its first-quarter subscriber numbers. Management blamed the loss of 200,000 paid subscribers on several factors, including the winding down of Russian paid memberships and competition.
Streaming-industry leader Netflix (NASDAQ: NFLX) is dominating headlines this week after announcing that it lost subscribers in the first quarter. That ended a decade-long trend of growth, and sent the stock lower by 35% on the following trading day.
Battered U.S. stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy, rising bond yields, geopolitical uncertainty and the corporate earnings season fuel investor unease.
"A dream doesn't become reality through magic;it takes sweat, determination, and hard work."-- Colin Powell It's hard to argue with Secretary Powell. Most of our dreams and daydreams will remain just that -- wishful thinking -- unless we take action. And for big dreams, it gener
As earnings season approaches, I have several stocks I will be monitoring closely -- some for good reasons, while others are in my "timeout" classification. Regardless, the commentary management offers about inflation, geopolitical events, and the strength of the economy will be
Fears about a possible recession are growing as interest rates rise and inflation keeps raging. While the economy has been performing well, investors wonder if a downturn could be on the horizon.One way to recession-proof your portfolio is to look at outperforming stocks in the G
Inflation, war, and surging interest rates have pummeled the market of late, especially tech stocks. Netflix (NASDAQ: NFLX) earnings may have shown the consumer pulling back on certain tech purchases -- at least those that are highly discretionary. With investors in a sour mood,