Reed Hastings

Streaming giant Netflix Inc (NASDAQ: NFLX) is known for spending billions of dollars annually on new movies and shows to keep fresh content for its subscribers. A leading actor called out the potential harm in this process and why he was leading a new effort. What Happened: Actors Ben Affleck...

Netflix Inc (NASDAQ: NFLX) shares continue to charge higher Thursday, adding to a strong move above the $300 level earlier this week. What's Going On: Netflix shares surged higher Wednesday afternoon alongside the broader market as Federal Reserve Chair Jerome ...

Reed Hastings, co-founder and co-CEO of Netflix Inc (NASDAQ: NFLX), provided thoughts on a wide range of topics Wednesday afternoon at the DealBook Summit. He even touched on why the streaming company's stock is down so much from its peak. What To Know: The stock slump has to do with...

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.  The markets ended the week on a high note, as the Dow Industrial Average marked its best three-week run since November 2020. All three...

Netflix Inc (NASDAQ: NFLX) Co-CEO Reed Hastings expressed his relief with the streaming giant snapping its run of receding quarterly numbers on Tuesday. What Happened: "Thank God we're done with shrinking quarters," said Hastings at the company’s third-quarter earnings call...

Ritholtz Wealth Management's Josh Brown picked up shares of Netflix Inc (NASDAQ: NFLX) on Thursday after noticing some resiliency in the name.  "Netflix, technically, looks like it wants to go higher. There's accumulation even on down days and the fundamental...

Streaming giant Netflix Inc (NASDAQ: NFLX) has seen its base of subscribers decline in 2022. Video games and an ad-supported plan could be among the growth areas for the company. A new report shows the company’s early role in the video game sector might be underwhelming. What Happened: Data...

Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S. The success will likely increase the amount the league gets in a new media rights deal. What Happened: As Benzinga...

Benzinga reviews this weekend's top stories on Barron's, for additional information on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and charting software.  "Crypto’s Future Is Even More Exciting, and Maybe More Volatile, Than...

Streaming giant Netflix Inc (NASDAQ: NFLX) saw shares tumble after reporting its first quarterly drop in subscribers in over 10 years. One item being drawn up to combat subscriber losses could be coming sooner than expected. What Happened: Netflix told its employees that it could launch an ad-...

Amid a steep decline in subscribers, Netflix Inc (NASDAQ: NFLX)  has decided to revamp its India content scheduled for release in the near future, entertainment website Bollywood Life.com reported on Thursday, citing an anonymous source. What HappenedP The...

Netflix Inc (NASDAQ: NFLX) subscriber base had been steadily increasing for more than a decade, until the company announced first-quarter earnings on Tuesday, revealing it had lost 200,000 users despite expecting to acquire 2.5 million. “Our revenue growth has slowed considerably,”...

Netflix Inc (NASDAQ: NFLX) stock lost more than a fourth of its market capitalization in extended trading on Tuesday after the streaming giant's quarterly results failed to impress investors. Russia Exit Hit:  Netflix's decision to stop streaming in Russia led to...

With Netflix Inc (NASDAQ: NFLX) down more than 40% from its 52-week highs, buyers smell blood in the water and have been circling the name like sharks. Shortly after Pershing Square's Bill Ackman revealed he bought more than 3.1 million shares of the streaming giant, an...

Netflix Inc (NASDAQ: NFLX) is trading higher Monday morning following positive analyst coverage from Citigroup. Citigroup analyst Jason Bazinet upgraded Netflix from a Neutral rating to a Buy rating and announced a $450 price target. According to reports, Bazinet cited...