Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

Videogames ‘Fortnite,’ ‘Minecraft’ Catapult Smiley Salamander to Global Fame

Pollution and other man-made ills weigh heavily on Mexico’s axolotl, a rare salamander popular among Aztecs back in the day. Its population in the wild has fallen by something like 99% in the past three decades, one expert said. Yet the creature’s popularity has never been higher, propelled by the same modern age chasing them … Read more

Spotify stock falls to lowest prices ever as CEO insists it’s not like Netflix

Shares of Spotify Technology SA plunged to their lowest prices on record on Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming music service’s chief executive insists that its current issues are nothing like Netflix Inc. Spotify PLACE, -12.44% added 1 million fewer subscribers in the first quarter than analysts … Read more

Opinion: Google’s revenue should be a wake-up call to investors in Facebook and other online ad companies

Google’s shortfall is an indication of problems in the online advertising industry and should scare off investors from Facebook and other competitors. Google’s parent company, Alphabet Inc. GOOGL, -3.59% GOOG, -3.04% announced first-quarter results on Tuesday were slightly below Wall Street estimates, with revenues at Google and YouTube both hit by the war in Ukraine … Read more

Opinion: Google’s revenue should be a wake-up call to investors in Facebook and other online ad companies

Google’s shortfall is an indication of problems in the online advertising industry and should scare off investors from Facebook and other competitors. Google’s parent company, Alphabet Inc. GOOGL, -3.59% GOOG, -3.04% announced first-quarter results on Tuesday were slightly below Wall Street estimates, with revenues at Google and YouTube both hit by the war in Ukraine … Read more

Does Netflix crack down on password sharing? What Subscribers Need to Know

Coming soon to Netflix: password sharing fees. Netflix CEO Reed Hastings says password sharing is famous “really wasn’t a problem” in 2016, but now he seems to have changed his mind. According to a 2021 Aura survey, 53% of Americans admit they share login information with people outside their primary household. In fact, Hastings said … Read more

Does Netflix crack down on password sharing? What Subscribers Need to Know

Coming soon to Netflix: password sharing fees. Netflix CEO Reed Hastings says password sharing is famous “really wasn’t a problem” in 2016, but now he seems to have changed his mind. According to a 2021 Aura survey, 53% of Americans admit they share login information with people outside their primary household. In fact, Hastings said … Read more

The weekend reads: How to position your investments before the Federal Reserve causes a bear market

Remember all the times Federal Reserve Chairman Jerome Powell said inflation in the United States was “transient”? With the Fed now poised to fight inflation, the bond market quickly priced in a period of monetary policy tightening by nearly doubling the yield on 10-year US Treasuries. TMUBMUSD10Y, 2.900% at 2.94% compared to 1.51% at the … Read more

Will Tesla be the next Netflix? It could be another Google.

You’re here quickly becomes the king of side hustle. It is a conglomeration of many, many business ideas funded by a ultradominant nucleus operation. You’re here (ticker: TSLA) bulls think other companies are a good thing, while bears are skeptical. Who’s right isn’t all that important to the stock price – as long as the … Read more

Netflix stock price drops 35%, posting biggest drop since 2004

William Ackman, the billionaire investor whose fund bought more than three million shares of Netflix in January, said Wednesday the fund sold its stake at a loss. In a letter to investors, Ackman said Netflix would cut returns for the fund, Pershing Square, by four percentage points. This implies a loss of approximately $400 million. … Read more