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Technology Lesson For The New Era – Can You Do It Twice?
Tuesday, February 25, 2020 - 1:07pm | 721Whether we like it or not, the big tech firms have shaped our everyday lives and continue to influence them. But recent times have also brought increased legislation as lawmakers do their best to limit the power and influence of these companies. However, it's not the impending regulation that...
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Friday's Market Minute: Roku's Staggering 4Q Growth
Friday, February 14, 2020 - 10:18am | 368Roku Inc. (NASDAQ: ROKU) beat Wall Street’s revenue targets and posted a smaller-than-expected loss Thursday after the bell. Altogether, Roku beat on total active account expectations, quarterly revenue guidance, full-year revenue guidance, and full-year EPS guidance. The streaming video...
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Streaming Is Now 20% Of TV Viewing, Netflix Clings To Top Spot
Thursday, February 13, 2020 - 4:33pm | 552About 20% of American TV consumption is now done by streaming, according a new report from Nielsen that also says Netflix Inc (NASDAQ: NFLX) remains the top way customers stream their entertainment. The percentage of TV watching that is now done through streaming has almost doubled since 2018,...
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Disney Is Now Officially Netflix's Biggest Problem And Yet Another Friend To Roku
Tuesday, February 11, 2020 - 10:03am | 1145Along with aggressive pricing, beyond popular content for all ages and a massive campaign, Walt Disney Co (NYSE: DIS) wasted no time as Disney Plus has exceeded 28 million subscribers. For all those who are not impressed, thinking Netflix Inc (NASDAQ: NFLX) has 167 million, just...
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Tech Companies Who Have Superpowers To Change Their Industry- And The World
Monday, February 10, 2020 - 10:32am | 1602Whether we like it or not, the world we know is shaped by corporations. And unless you live in the woods and entirely off-the-radar doing nothing but meditating for a living, odds are you are using their products and services. But luckily for us, there are still innovative companies out there, who...
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Disney Had The Content, But The Media Giant Is Now Proving It Can Build A Streaming Service
Wednesday, February 5, 2020 - 1:41pm | 924Wall Street applauded late last year when Walt Disney Co. (NYSE: DIS) quickly signed up 10 million subscribers for its new Disney+ streaming service. Tuesday's encore presentation brought a standing ovation. Disney's announcement that it had more than 26 million subscribers at year-end and...
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The Super Bowl Is Back On Roku (Updated)
Friday, January 31, 2020 - 2:08pm | 408Shares of Roku Inc (NASDAQ: ROKU) fell more than 6% on Friday after the company began notifying customers that several Fox Corp (NASDAQ: FOXA) channels won't be available on its app just a couple days before the Super Bowl airs on Fox. Roku said in an email to customers that all of the...
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For Netflix, Getting (And Keeping) Subscribers In The Face Of Competition Is Expensive
Wednesday, January 22, 2020 - 12:05pm | 1026Netflix, Inc. (NASDAQ: NFLX) beat expectations on total subscriber adds, EPS and revenue but the sell-side reaction was mixed with bears worried about lackluster growth in U.S. subscribers and heavy spending on content as competition ramps up. The mixed results on subscriber adds, strong...
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Nomura: Netflix, Amazon 'Best Positioned' In The Streaming Wars
Wednesday, January 15, 2020 - 4:00pm | 550Netflix Inc. (NASDAQ: NFLX) and Amazon.com Inc. (NASDAQ: AMZN) are the best-positioned companies to take advantage of the movement toward streaming entertainment, Nomura Instinet said in a new look at the industry. While Netflix, the pioneering early giant in the space, and Amazon look best among...
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What Comes First: Consumer Confidence Or Spending? Communications Sector Might Hold Clues
Wednesday, January 15, 2020 - 10:34am | 1109Investors can probably thank the resiliency of the consumer wallet for a Communications Services sector that’s expected to be among the more muscular Q4 earnings performers. The sector, sometimes called “Comms,” is heavy with consumer-centric companies that, not surprisingly,...
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Here's What Americans Loved To Watch On TV In The 2010s
Tuesday, December 24, 2019 - 12:05pm | 879The 2010s in TV ushered in a new era, with streaming services not only expanding the content to choose from, but changing fundamentally how some people watch. Unlike pre-streaming days, when nearly all TV was appointment viewing – Americans all sitting down on Thursday to watch “Cheers...
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Netflix Analyst Likes Latin America Subscribers, Still Neutral On Stock
Friday, December 20, 2019 - 4:00pm | 404Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...
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With Nearly 30M Views In A Week, Here's How 'The Irishman' Whacks Scorsese's Other Crime Epics
Wednesday, December 11, 2019 - 5:40pm | 770"The Irishman," the new crime epic from Martin Scorsese, was streamed on more than 26 million accounts around the world in the film’s first week on the Netflix Inc. (NASDAQ: NFLX) streaming platform, the company said. Netflix estimates the film will be streamed by more than 40...
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What To Know About Roku's Post-Christmas 'Stream-A-Thon'
Monday, December 9, 2019 - 2:21pm | 328If you missed "Game of Thrones," or just want to watch the whole thing again, Roku Inc. (NASDAQ: ROKU) is giving you that chance. The Roku Channel will stream the first season of the "Game of Thrones" saga, along with several other shows and movies, between Dec. 26 and Jan. 1,...
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Wells Fargo Downgrades Netflix On Spending Concerns
Monday, November 25, 2019 - 9:39am | 309Netflix Inc. (NASDAQ: NFLX) received a notable downgrade on Monday on expectations for lower cash returns. The Analyst Wells Fargo's Steven Cahall downgraded Netflix from Market Perform to Underperform, lowering the target price from $308 to $265. The Thesis Netflix had a good piece of the...