|Bid||362.300 x 900|
|Ask||362.450 x 900|
|Day's range||351.560 - 364.920|
|52-week range||176.550 - 423.210|
|PE ratio (TTM)||164.00|
|Earnings date||16 Oct 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||379.15|
Investors are starting to shift their cash to maintain exposure to some big tech names like Facebook Inc., Google parent Alphabet Inc. and Netflix Inc. before indexers reclassify the stocks. State Street Corp.’s Communication Services Select Sector SPDR Fund, or XLC, took in $135 million last week, the most since the exchange-traded fund was launched in June. State Street designed XLC to reflect this restructuring of the Global Industry Classification Standard, or GICS.
Discarded by its globe-trotting parent Naspers Ltd. after more than three decades, African pay-TV heavyweight MultiChoice Group Ltd. is facing an uncertain future. The broadcaster of English Premier League soccer and hit dramas such as Game of Thrones will be spun off by Naspers in Johannesburg next year, creating a newly listed company. Naspers shareholders receiving stock in the new company will be hoping MultiChoice can continue to find subscribers willing to pay 959 rand ($64.60) a month in South Africa, as streamers such as Netflix Inc. target similar customers with good broadband connections.
AT&T (T) plans to launch a new online video service to add to its existing portfolio of streaming services that already includes DirecTV Now and WatchTV. The new video service will be launched under AT&T’s WarnerMedia subsidiary, according to what CEO Randall Stephenson said at a Goldman Sachs investor event in New York earlier this month.
Gradually changing lifestyle of people indicates that they are keen on staying indoors and availing products and services that are delivered to them.
Netflix won the most Emmy awards of any TV network Monday night #Emmys More from Bloomberg.comCoca-Cola Is Eyeing the Cannabis MarketChina Strikes $60 Billion of U.S. Goods in Widening Trade WarVenezuela’s President Feasts on Steak, Smokes Cigars at Salt Bae RestaurantRead Streaming Giants Won Big At The Emmys on bloomberg.
Netflix added Axel Springer CEO Mathias Doepfner to its board, bringing on the expertise of the former music critic who once ran Die Welt newspaper and has invested aggressively in digital media at the German publishing house. Doepfner bolsters the Netflix board’s experience in Europe after the company added Rodolphe Belmer, CEO of Paris-based Eutelsat Communications, earlier this year. The majority of Netflix’s subscribers are outside the U.S.
Tuesday, September 18: President Trump slaps tariffs on another $200 billion of Chinese goods; Japanese billionaire will go to the moon in SpaceX rocket; Netflix, HBO, and Amazon clean up at the Emmys. Yahoo Finance’s Dan Roberts pours out the news.