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In its first-quarter earnings report, Netflix Inc NFLX has surpassed all expectations, revealing a revenue of $9.4 billion and a profit per share of $5.28, decisively outperforming analyst predictions of $4.52 per share.
Examine the evolution of Netflix's (NFLX) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Zacks.com users have recently been watching Netflix (NFLX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Netflix has generated millionaire-making gains since its IPO. It still leads the crowded streaming video market.
I don't often feel like yelling at my TV, probably because I'm not big into sports, but lately I've had the urge to yell at Richard Gadd's character, Donny Dunn, in his new Netflix limited series, Baby Reindeer.
Over the past week, the stock market continued its retracement, influenced by diminishing expectations of an imminent interest rate cut and escalating geopolitical uncertainty. Amid the circumstances, investors have turned to safe-haven assets such as gold.
Netflix's advertising tier continues to grow rapidly. The company's advantages over the competition are getting bigger.
Netflix delivered strong results in its first-quarter earnings report. The company will soon stop reporting subscriber growth, believing it no longer reflects the business well.
On Wall Street, less disclosure is never a good thing, and Netflix Inc. investors should be displeased that the company plans to stop giving quarterly membership data beginning next year.
Here are some of the major companies whose stocks moved on the week's news.