Walt Disney stock is an orphan. It’s too pricey for value investors, not expected to grow fast enough for growth investors, and ditched its dividend in 2020, putting it out of reach of income funds. ...
Tag: Multimedia Content Services
Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...
Netflix will crack down on password sharing next year — here’s how it will work
Netflix Inc. executives on Tuesday detailed their plans to crack down on users sharing their accounts on the streaming service, which is expected to arrive early next year. In a letter to shareholders...
Netflix Kicks Off Tech Earnings Today. What to Expect.
Netflix opens the third-quarter tech earnings season after the close on Tuesday, with a focus on whether the streaming giant can snap a two-quarter streak of declining subscriber count. As usual, Netf...
Tesla, Goldman Sachs, Netflix, AT&T, and Other Stocks for Investors to Watch This Week
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Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
iHeart, Audacy, Clear Channel Stocks Fall on Forecast of Ad Market Slowdown
Text size Stock in iHeart has lost about two-thirds of its value so far this year. Jason Kempin/Getty Images for Clear Channel The prospect of an imminent economic recession has triggered a rush to th...
Netflix sheds subscribers and CNN+ will shut down amid competition from Disney, Hulu, HBO, Amazon Prime and Apple. Have we finally hit peak streaming?
Media companies keep dueling for more streaming subscriptions, but viewers might be tapping out in the clash for their attention — and their cash. Netflix on Tuesday reported a first-quarter net loss ...
Opinion: The new bull market will be led by stocks in these three industries.
We don’t know yet if the recent rally kicks off a new bull market in stocks. But here’s a safe bet: Once the new bull market is here, entirely different groups will lead. It’ll be out with the old — t...