Image: T-Mobile (Quibi Quibi: a new streaming service reportedly lost 92% of its users after your free trial ended, it only accumulated 300,000 downloads on launch day, and only added Apple AirPlay and Chromecast compatibility After people continued to complain about only being able to watch shows on their phones, …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »Netflix Shares Fall As Covid Subscriber Slowly Rises
Shares of the video streaming giant are trading sharply lower after hours on Thursday amid signs that the company’s Covid-19-fueled growth is coming to an end. In the June quarter of Thursday, Netflix added 10.1 million new net subscribers, above the company’s forecast of 7.5 million, but fell short of …
Read More »This ‘world-class disruptor’ is the next Netflix and will give shareholders great benefit, says merchant
At the beginning of last week, the shares of Spotify Technology SPOT, + 4.86% took a hit when Guggenheim analyst Michael Morris cut stocks to sell, believing that “the market is now pricing stocks for blue sky growth, which has made the risk reward unattractive “ But that “blue sky …
Read More »Netflix launches $ 100 million pledge to help bridge ‘centuries-old financial gap between black and white families’
Posted: June 30, 2020 at 12:10 PM ET Netflix said Tuesday it would allocate 2 percent of its cash holdings to support black communities. Bloomberg News / Landov Netflix Inc. announced an effort Tuesday to increase economic opportunities for black communities by allocating money to banks and other institutions that …
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