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Fed chair Jerome Powell's words sure can move markets. And while Fed meetings and new commentary from Chairman Powell will surely have some investors biting their nails, it's worth noting that the market's immediate reaction doesn't always make the most sense.
Shares of Amazon.com Inc. (NASDAQ:AMZN) lost 2.29% over the past five trading sessions, halting a rally that has seen the stock gain 23.16% since its year-to-date low of $167.32 on April 21. On the year, the e-commerce giant has seen its stock lose 6.42% despite beating on EPS and revenue by 16.77% and 0.35%, respectively, in Q1. Tempered forward guidance due to President Trump’s tariffs continues to cloud Amazon’s outlook. However, with the U.S. and China agreeing to a 90-day reduction in tariffs on May 11, there is renewed hope for the consumer discretionary mainstay, who has seen its one-year gain diminished to 12.28%. In its recent earnings call, Amazon reported that Q1 revenue growth and an operating income increase. Amazon Ads generated $13.9 billion in revenue alone, representing a 19% year-over-year increase, while AWS grew by 17% year-over-year to an annualized revenue run rate of $117 billion. Still, the stock remains down nearly 15% in 2025, with its one-year gai
Anthropic has appointed Netflix co-founder Reed Hastings to the board of directors, the artificial intelligence startup said on Wednesday.
Netflix Chairman Reed Hastings has been appointed to Anthropic's board of directors, the AI company announced Wednesday. Hastings co-founded Netflix in 1997, and gave up his CEO role in 2023.
Undeniably, one of the most remarkable performances in the equities arena hails from streaming giant Netflix Inc. NFLX. Despite a tricky economic environment, the entertainment stalwart continues to attract massive sentiment.
Consumer confidence rebounds in May. Zacks highlights DIS, NFLX, CHTR, ROKU and RBLX as top buy picks in the consumer discretionary space.
Nielsen's latest report serves as another wake-up call that YouTube is rapidly gaining ground in the TV landscape.
NFLX's trillion-dollar vision and strategic content investments position it as a compelling buy in 2025, with advertising revenues set to double in 2025.
The $1 trillion club has invited quite a few new members through its doors since Apple first broke through its threshold in 2018. Ten companies traded on U.S. stock exchanges have qualified for membership since, and that number should continue to grow over time as the world economy expands.
Recently, Zacks.com users have been paying close attention to Netflix (NFLX). This makes it worthwhile to examine what the stock has in store.