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Warner Bros. Discovery WBD announced that it is raising the cost of a new ad-free monthly subscription for Discovery+ in the United States and Canada. From Oct 3, the price of the monthly subscription increased from $6.99 to $8.99

Amazon Web Services (AWS), the company's cloud-computing division, said on Wednesday it would open a development centre in Kenya's capital Nairobi, creating jobs in software development, cloud support, and software engineering.

Netflix (NASDAQ: NFLX) has been sitting out the price hikes for ad-free streaming services this year, but it could be time for the top dog to stand up and stretch its legs. The Wall Street Journal is reporting that Netflix will raise prices for its most popular subscription tier,

Fintel reports that on October 4, 2023, Benchmark reiterated coverage of Netflix (NASDAQ:NFLX) with a Sell recommendation. Analyst Price Forecast Suggests 25.47% Upside

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 $126.1 million dollar inflow -- that's a 0.8% increase week over week in

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft

Apple (NASDAQ: AAPL) has struggled to grow its top line this year. Revenue fell 1% year over year during its most recently reported quarter, and management called for more of the same in the current fiscal fourth quarter.

Netflix ( NASDAQ:NFLX ) stock is losing ground again, slipping more than 22% off its 52-week high as a part of a broader tech stock sell-off. While Netflix was a notable exclusion from Jim Cramer's Magnificent Seven stocks, I still think it's a mistake to ignore the company as it looks to keep making major strides in the gaming market to jolt growth. Undoubtedly, getting into the business of gaming is no easy feat, especially for a firm that spent its lifetime specializing in streaming film and television. With the video-streaming scene now crowded, it's clear that Netflix needs to go above and beyond its traditional markets to maintain its high growth and high price-to-earnings (P/E) multiple. It's no mystery that companies gradually lose their ability to grow as they age. It's a normal part of corporate aging to shift gears from growth to profitability and return capital back to shareholders. Still, members of the FAANG group that graduated to the Magnificent Seven basket have demonstrated the means to keep the growth alive even into old age and market caps at, near, or above $1 trillion. Netflix was the only FAANG company to not graduate the Magnificent Seven, and it's not a head-scratcher as to why. The video streaming market has been tough sledding since the pandemic lockdown days and the rise of stay-at-home plays. As shares start rolling over again, I view NFLX as more of a Buy than a Sell. For now, I remain upbeat and bullish. Netflix Stock: In Search of Ways to Grow At this juncture, Netflix seems eager to take a page out of the FAANG playbook as it attempts to show shareholders that there's still growth left in the tank as its original market (video streaming) matures further. It's important to note that the gaming industry has faced its own headwinds since the pandemic peak. Further, Netflix's valuation multiple (and stakes) still seem as high as ever as the company looks to spend money to maintain streaming dominance while powering its next growth driver. Now, Netflix stock has already felt a massive squeeze to its multiple — NFLX stock used to trade at an average of around 70.3 times price-to-earnings over the last five years — as a part of the brutal 2022 market sell-off that dragged shares nearly 75% off their late-2021 all-time high. That said, today's current 39.8 times trailing price-to-earnings (P/E) multiple still entails growth, and it's a heck of a lot richer than its ailing peers in the streaming space right now. For instance, Warner Bros. Discovery ( NASDAQ:WBD ), the firm behind the MAX streaming service, trades at 0.55 times price-to-book and just 24.5 times forward P/E. By comparison, WBD stock seems like a steal compared to Netflix. However, video games remain a massive wild card for Netflix. If Netflix can succeed in its foray into video gaming, it could more than justify its multiple as it looks to move on to new frontiers as its competitors struggle to find their footing in video streaming. Can Netflix win its way back into Jim Cramer's top cohort of the day? I think it can, despite Reed Hastings not acting as co-CEO. For a company that's found profound success navigating outside of its comfort zone, I think it's a mistake to count Netflix out of the game as it gets more skin in gaming. Netflix and Games: "Netflix Stories" is an Intriguing Concept Netflix has been steadily pumping out the mobile games over the past year. Still, nothing from the mobile roster has been that much of a game-changer quite yet. More recently, the company announced its "Netflix Stories" line of narrative-driven games, which includes Love is Blind, a game based on its popular reality series. The hope is that the many fans of the series will want to give the game, which launched September 22, a go. Only time will tell if Netflix Stories will jolt the business. Regardless, it's commendable that management is continuing to double down on its gaming ambitions. Add recent cloud-streaming tests into the equation, which allows users to game right in the Netflix app, and it's clear Netflix is doing everything in its power to show its massive network that it too can be a solid platform for gaming. Is NFLX Stock a Buy, According to Analysts? On TipRanks, NFLX stock comes in as a Moderate Buy. Out of 31 analyst ratings, there are 18 Buys, 12 Holds, and one Sell recommendation. The  average Netflix stock price target is $472.64, implying upside potential of 25.45%. Analyst price targets range from a low of $293.00 per share to a high of $600.00 per share. The Bottom Line on NFLX Stock Netflix is experimenting with very intriguing concepts on the gaming front. Netflix Stories and cloud streaming could be a big deal as the firm looks to become a go-to place for passive and interactive entertainment. Overall, I think recent video game efforts are being discounted by Mr. Market right now. Therefore, Netflix stock doesn't just deserve to trade at a premium to its streaming rivals; I believe it deserves a premium over its big-tech rivals. Disclosure 

Netflix (NFLX) closed the most recent trading day at $376.77, moving -0.94% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.37%. Elsewhere, the Dow lost 1.29%, while the tech-heavy

Consumer stocks were declining late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.6%.

David Beckham turned the premiere of his new Netflix documentary into a family affair on Tuesday as the former footballer was joined by his wife, fashion designer Victoria Beckham, and their four children on the red carpet in London's Mayfair.

Consumer stocks were declining Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2%.

In early trading on Tuesday, shares of Netflix topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.6%. Year to date, Netflix registers a 32.4% gain. And the worst performing Nasdaq 100 component thus far on the day is Airbnb, trading d

Netflix is planning to raise the price of its ad-free service after the ongoing Hollywood actors' strike ends, the Wall Street Journal reported on Tuesday.

Netflix is planning to raise the price of its ad-free service after the on-going Hollywood actors strike ends, the Wall Street Journal reported on Tuesday.

Consumers are already increasingly frustrated with the rising price of streaming services, but more price increases may be yet to come.

The specter of high and rising interest rates is upon us, and in its wake, astute investors should consider stocks with a robust financial backbone. The narrative of higher interest rates orchestrated by the Federal Reserve is not necessarily one of doom, but a call to action for

The Nasdaq Composite has come roaring back in 2023 and is crushing the performance of the S&P 500 and Dow Jones Industrial Average. But a lot of Nasdaq stocks have been selling off this year or are still down big off their highs.

One of the key challenges Peloton (NASDAQ: PTON) has growing its streaming fitness business is reaching enough subscribers to achieve a profitable scale. This week, the company got some help from Lululemon (NASDAQ: LULU), which is shutting down its Mirror product and will include

Disney DIS is set to start restricting password sharing for Disney+ in Canada. Per a recent report by The Verge, the company has already informed its Canadian Disney+ subscribers through email that the restriction will begin from