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2 Analysts On Why Disney, Roku Are Streaming Stock Alternatives To Netflix
Monday, July 20, 2020 - 4:20pm | 337Read More...Netflix, Inc. (NASDAQ: NFLX), which reported second-quarter earnings Thursday, is not the only streaming company attracting investors’ attention. Walt Disney Company (NYSE: DIS) and Roku, Inc. (NASDAQ: ROKU) are strong contenders, Gina Sanchez, CEO of Chantico Global, and Craig...
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Netflix Lacks Lack Near-Term Catalysts, Credit Suisse Says After Q2 Report
Friday, July 17, 2020 - 12:37pm | 337Read More...Following Netflix Inc’s (NASDAQ: NFLX) second-quarter results and guidance, Credit Suisse lowered its estimates for 2020 and 2021 and said there seems to be a lack of near-term catalysts. The Netflix Analyst: Douglas Mitchelson downgraded Netflix from Outperform to Neutral and...
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Spotify Expands To 13 European Markets, Including Russia
Friday, July 17, 2020 - 11:17am | 353Read More...Music streaming service Spotify Technology SA (NYSE: SPOT) announced an expansion this week to 13 European markets, including Russia and Ukraine. Spotify launched in 2008 and went public in 2018. Russia’s Massive Market: Spotify has a music catalogue including over...
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UBS Downgrades Netflix, Eyes High Valuation And Tougher Comps
Tuesday, July 14, 2020 - 1:37pm | 418Read More...Close on the heels of Goldman Sachs assigning a Street-high price target of $670 for Netflix Inc (NASDAQ: NFLX) shares, a UBS analyst dropped their bullish stance. The Netflix Analyst: Eric Sheridan downgraded Netflix from Buy to Neutral with a $535 price target. UBS On...
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Netflix Analyst Raises Estimates Ahead Of Q2 Subscriber Report, Sees 'Content Advantage' Over HBO Max, Disney+
Tuesday, July 7, 2020 - 4:49pm | 490Read More...Netflix Inc (NASDAQ: NFLX), which added a record net 15.77 million paid subscribers in the first quarter, is poised to comfortably beat its guidance when it reports second-quarter results July 16, according to a Credit Suisse analyst. The Netflix Analyst: Douglas Mitchelson maintained an...
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Disney+ Sees Massive Surge In Downloads During 'Hamilton' Weekend
Tuesday, July 7, 2020 - 4:44am | 249Read More...The Walt Disney Company's (NYSE: DIS) streaming video on demand service Disney+ saw a massive increase in downloads during the weekend of the "Hamilton" launch, according to multiple data analysis firms. What Happened The hit musical Hamilton started streaming on Disney+ on Friday,...
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Mixer's Closure Delivered Large Payouts For Ninja And Shroud, But Where Will They Go?
Monday, June 29, 2020 - 8:41pm | 534Read More...Microsoft Corporation's (NASDAQ: MSFT) announced recently streaming platform Mixer will close on July 22, leaving the future of several streamers unknown. For many partners and content creators who already had established communities on the platform, the news came as a devastating blow. For top...
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Will Amazon Or Netflix Buy A Movie Theater Chain?
Friday, June 26, 2020 - 6:29pm | 520Read More...AMC Entertainment Holdings Inc (NYSE: AMC) has experienced major volatility in recent weeks on rumors that Amazon.com, Inc. (NASDAQ: AMZN) is potentially interested in a buyout of the popular movie theater chain. On Friday, BofA Securities analyst Nat Schindler said a theater buyout...
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TwitchCon San Diego Canceled Due to Pandemic
Thursday, June 18, 2020 - 2:45pm | 228Read More...Amazon's (NASDAQ: AMZN) Twitch has canceled its event TwitchCon in San Diego due to the coronavirus pandemic. The company announced the cancellation today in order to protect the "health and safety" of the community. The event was scheduled for Sept. 25 to 27. "We are gutted that...
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Bullish Roku Analyst Weighs Coronavirus Impact, Says Platform Is 'Winning Aggregator' In Streaming
Thursday, June 18, 2020 - 11:54am | 461Read More...Roku Inc (NASDAQ: ROKU) is likely to face a near-term hiccup but is better positioned the medium- and long-term, according to a Needham analyst. The Roku Analyst: Laura Martin has a Buy rating on Roku shares with a $150 price target. The Roku Thesis: COVID-19's...
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Chinese Video Streaming Company iQIYI Soars As Tencent Reportedly Eyes Majority Stake
Tuesday, June 16, 2020 - 8:56am | 405Read More...Shares of Chinese video streaming platform iQIYI Inc (NASDAQ: IQ) were ripping higher Tuesday on reports of a takeover approach from social media and gaming company TENCENT HOLDING/ADR (OTC: TCEHY). What Happened: iQIYI, which is majority owned by Chinese search giant Baidu Inc (NASDAQ:...
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Netflix Option Trader Makes $73.6M Bet On 5% Upside
Tuesday, June 9, 2020 - 2:11pm | 639Read More...Netflix Inc (NASDAQ: NFLX) shares are up 40% in the past six months. The streaming video giant appears to have gotten a boost from shelter-in-home environment, and at least one large option trader is making a huge bet on more upside ahead. The Netflix Trades On Tuesday morning, Benzinga Pro...
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What's Behind Netflix's Recent Weakness?
Wednesday, May 27, 2020 - 2:56pm | 674Read More...Netflix Inc (NASDAQ: NFLX) shares have held their own despite the turmoil of the COVID-19 pandemic, thanks to strong subscriber additions facilitated by the lockdowns in force globally. Netflix Shares Peak, Pause The streaming giant is among the best-performing S&P 500 stocks year-...
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Netflix To Automatically Cancel Unused Subscriptions
Friday, May 22, 2020 - 1:10am | 284Read More...Netflix Inc. (NASDAQ: NFLX) said on Thursday it would automatically cancel subscriptions of users who haven't watched any content on its platform for an entire year. What Happened The streaming video-on-demand service provider said it would send an email to users asking if...
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Analysts React To Joe Rogan's Spotify Deal: 'This Is Undoubtedly A Coup'
Wednesday, May 20, 2020 - 12:23pm | 599Read More...Spotify Technology SA (NYSE: SPOT) shares are up 15.8% this week after Joe Rogan announced he will be taking his popular "Joe Rogan Experience" podcast exclusively to Spotify. On Tuesday afternoon, Rogan announced that his podcast will be available on Spotify starting Sept....















