Qibi Holdings LLC is considering closing itself, according to people familiar with the matter, a move that points to a potential crash landing for a one-time high-end entertainment startup that raised capital 1.75 billion in capital. The streaming service has been plagued by problems since it began in April, facing …
Read More »Palantier Trades High in NYSE Debut
Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
Read More »Piloton compares to Netflix and Amazon in the way that demand is booming
Peloton is excited about the growth potential for its Connected Fitness offering fur, which gives .ex access to virtual workouts. Peloton Investors have recently expressed little concern about whether popular “stay-some-home” companies will be able to maintain their momentum, but analysts are optimistic about the prospect of moving to Piloton …
Read More »Problems with mail services have affected Netflix and Amazon
Problems with the U.S. Postal Service have raised concerns about the November election, but they have already caused headaches for some of the 2 million Netflix customers who still receive DVDs by mail, as well as Amazon.com’s completion network . Netflix NFLX, -1.49% , which still rents DVDs in its …
Read More »Netflix Inc. stock performs as a brand on strong trading day
Shares of Netflix Inc. NFLX, + 0.28% inch 0.28% higher to $ 482.68 Friday, on what proved to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 0.12% increasing 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to …
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