Reed Hastings

Netflix, Inc. (NASDAQ: NFLX) shares dropped despite reporting a big first-quarter earnings beat. The streaming service reported first-quarter earnings of 76 cents per share, beating estimates by 19 cents. Sales came in at $4.521 billion, beating estimates by $21 million. The company issued weak...

Apple, Inc. (NASDAQ: AAPL) is expected to unveil its highly anticipated Apple TV streaming video service on Monday. The special event takes place at Apple headquarters in Cupertino starting at 1 p.m. ET. Monday’s Event Apple investors are hoping the company reveals key details about the...

Streaming video provider Netflix, Inc. (NASDAQ: NFLX) made a decision not to allow its TV shows and movies to be shown on a future rival streaming service operated by Apple Inc. (NASDAQ: AAPL). What Happened Netflix CEO Reed Hastings told reporters at its office in Hollywood the company made a...

Netflix, Inc. (NASDAQ: NFLX) shares dropped after reporting a fourth-quarter sales miss after Thursday's close. Earnings The streaming service giant reported fourth-quarter earnings of 30 cents per share, beating estimates by 4 cents. Sales came in at $4.19 billion, missing estimates by $20...

Walt Disney Co (NYSE: DIS)'s Q4 earnings provided clarity about the new streaming service, Disney+, set to rival Netflix, Inc. (NASDAQ: NFLX) late next year. What It Will Look Like Disney+ will aggregate the company’s existing content — including the Star Wars, Marvel, Pixar...

Netflix, Inc. (NASDAQ: NFLX) Chief Financial Officer David Wells confirmed Monday morning he will be leaving his role at the streaming video company and plans to focus on philanthropy. What Happened Wells, a 14-year veteran of Netflix and CFO since 2010, will hold on to his post until a suitable...

When Netflix, Inc. (NASDAQ: NFLX) reported second-quarter earnings Monday, the streaming service revealed that it added 5.15 million subscribers in the period — over 1 million less than its own guidance. The news sent shares plummeting overnight as investors who were accustomed to...

Founded in 1997 by Reed Hastings and Marc Randolph, Netflix, Inc. (NASDAQ: NFLX) has evolved over time and adopted with changes in technology and consumers' desire to watch what they want, when they want and how they want. What Happened Here are five fun facts about Netflix's evolution over...

Everyone’s heard the old adage that actions speak louder than words, and that rule is certainly true on Wall Street. That’s why the market often pays particularly close attention to insider trading, and large insider buys and sells can be major catalysts for a stock. Large insider buys...

Notable short seller Andrew Left of Citron Research isn't a fan of Netflix, Inc. (NASDAQ: NFLX) at the stock's current levels. What Happened Netflix's stock has seen a "historic run" but multiple factors don't support its valuation north of $300 per share, Left told...

Some Netflix, Inc. (NASDAQ: NFLX) bears point out that the streaming video platform's competitive edge can't be sustained indefinitely — but this thinking may be wrong, according to Wall Street's newest bull analyst. The Analyst Barclays' Kannan Venkateshwar initiated...

Shares of Netflix, Inc. (NASDAQ: NFLX) got a boost Wednesday morning thanks to T-Mobile US Inc (NASDAQ: TMUS). T-Mobile introduced a new promotion whereby T-Mobile ONE families will be given free access to all of Netflix's content. Users with at least two qualifying T-Mobile ONE line will be...

Netflix, Inc. (NASDAQ: NFLX) investors were in a good mood Tuesday, as the stock soared 13 percent and hit a new all-time high of $185 after the company reported its second-quarter results. But the stock's momentum is likely to continue moving forward as the company is led by a strong CEO Reed...

In an interview on CNBC’s “Squawk Box” Netflix, Inc. (NASDAQ: NFLX) CEO Reed Hastings jumped on the show to discuss a variety of topics including his thoughts on Amazon.com, Inc. (NASDAQ: AMZN). Key Comments From Hastings Amazon is an “awfully scary” competitor, but...

Having ruled the roost in developed markets — where opportunities are saturated — subscription-based services are making a big push into developing countries such as India that offer vast potential. This is evident from comments by Apple Inc. (NASDAQ: AAPL) CEO Tim Cook at the...