|Bid||318.52 x 200|
|Ask||318.76 x 100|
|Day's range||318.37 - 324.11|
|52-week range||138.66 - 333.98|
|PE ratio (TTM)||254.76|
|Earnings date||16 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||280.15|
The European Union will propose a 3% tax on digital revenue this week. That would hit Facebook, Amazon, Google and Apple.
Apple is planning to draw down its net-cash balance over time. The company will likely still return significant amounts of cash to shareholders, and it could also seek to address supply-chain issues or ...
Investors looking for the next Netflix should consider this concrete producer, solar-equipment provider, and e-commerce facilitator.
On March 14, 2018, Disney (DIS) announced the strategic reorganization of its business in order to be well placed to compete with Netflix (NFLX) as it gets ready to start its own streaming service. Under the new structure, Disney’s direct-to-consumer services and technology and international media operations will be consolidated into a single global business. Disney has also taken a controlling stake in streaming technology company BAMTech, which will help it power its streaming service and the ESPN+ streaming platforms.
See which stocks join Netflix, Twitter, Baidu and Baozun on this list of companies expecting 50%-plus earnings growth in Q1.
Telecommunications company Frontier (FTR) believes that video service will act as a growth driver in the near future and that it is still profitable for the telecom company in the linear bundle. The carrier expects that its procurement of Verizon’s (VZ) California, Texas, and Florida (or CTF) wireline business would improve its video service proposition. Furthermore, the company had acquired AT&T’s (T) Connecticut wireline market in October 2014, thereby adding more video customers.
April 2014, and a sweet deal is under way for Apple to buy Dr Dre’s Beats, a move that it is said will make Dre and his co-founder, music mogul Jimmy Iovine , hip-hop’s first billionaires. It’s supposed ...
Investors are increasing their bets on shares of technology companies, renewing concerns that the market is becoming too dependent on a few big stocks to power its gains. Nearly $5 billion has poured into tech-focused stock funds so far this year, the most of any major sector, according to Thomson Reuters Lipper data. Tech shares have gained 13% since major indexes fell into correction territory on Feb. 8, compared with a 6.4% gain for the S&P 500 index.
Film production and digital entertainment is Alibaba’s (BABA) second-largest business, but it accounts for less than 10% of the company’s overall revenue. Alibaba’s entertainment business generated $832 million in revenue in fiscal 3Q18 (the quarter that ended in December 2017), representing a rise of 33%. The entertainment business contributed 6.5% of BABA’s overall revenue in the quarter.
Content gets all the headlines, but it's Netflix's groundbreaking streaming technology that makes it all possible. Now, that tech is even better.
Blue jeans, a presentation from Lady Gaga’s former manager and a Velvet Underground song about buying heroin would not be on the typical checklist for an investor presentation. But it seemed to fit with ...
Internet television network Netflix reportedly is looking to add more news and current affairs programming to its lineup.
Overseas subscriber growth is the “most important component” of the bull case for Netflix shares, according to a new report—and investors may be underestimating its potential. In a Wednesday report, Guggenheim analysts wrote that the Barron’s Next 50 company “is effectively investing into an underappreciated global subscriber opportunity.” They expect non-U.S. subscribers, as well as the overall addressable market for the company, to grow “at a rate significantly greater than U.S. GDP growth, which we consider the multiyear revenue growth benchmark for most of our media and pay-TV coverage universe.” • In a chart, the analysts estimated a big expansion of the company’s paid overseas subscriber base—notably in Europe, where they predicted a jump from about 24 million late last year to nearly 61 million, and Asia, where they saw the number rising from above 9 million to more than 31 million.
Comcast (CMCSA) is increasing Internet speeds for its customers in Northeastern states such as Pennsylvania and New Jersey at no additional cost to customers. The majority of customers in Comcast’s Northeast division will likely see an increase of 50 Mbps in their download speeds. “With new devices coming online for consumers every day, we’re committed to offering the fastest speeds and the best features and overall experience so our customers can take advantage of the technology available,” said Kevin Casey, the head of Comcast’s Northeast division.
Netflix (NFLX) is rumored to develop a weekly news magazine show that will compete with CBS' long-running 60 Minutes and ABC's 20/20 news shows.
FT subscribers can click here to receive FirstFT every day by email. A Democratic challenger claimed victory on Wednesday in a congressional election in a Pennsylvania district won by Donald Trump in ...