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Shares of digital advertising giants Alphabet (GOOG -4.84%) (GOOGL -4.80%), Meta Platforms (META -4.37%), and Netflix (NFLX -4.39%) were plunging on Friday, falling 4.6%, 3.5%, and 4.5%, respectively, as of 1:30 p.m. ET.
@ProsperTradingAcademy's Mike Shorr says now is not the time to "freak out" despite recent volatility and selling action. He turns to opportunities in the market he sees in Celsius (CELH), Netflix (NFLX), and Uber Technologies (UBER).
Netflix (NFLX) is looking to add more live events that could drive subscriptions—but not too many—according to media executives who recently met with JPMorgan analysts.
SAN FRANCISCO--(BUSINESS WIRE)--Sandbox VR, the world's premier destination for premium location-based virtual reality experiences, today announced the addition of a new mini-game to Squid Game Virtuals, developed in collaboration with Netflix. The new mini-game, ‘Repeat Racers', is available to play now at Sandbox VR locations globally. Inspired by the games from season two of Squid Game, the Repeat Racers mini-game challenges players to solve puzzles and race to the finish line, with points a.
The economy has been on shaky ground for a while, and President Trump's tariffs and trade wars could finally send it into a recession. That's a big concern for the market these days as consumers have been keeping discretionary spending to a minimum as high costs have created many affordability issues.
The tech-heavy Nasdaq-100 index is down by more than 10% from the all-time high it set last month, but it was down by as much as 13% earlier in March. A broad sell-off swept the U.S. stock market as historically high valuations ran up against rising fears and uncertainties about tariffs, trade wars, and the macroeconomic outlook, triggering a risk-off sentiment among investors.
Netflix (NFLX) concluded the recent trading session at $976.72, signifying a +0.63% move from its prior day's close.
Apple's (AAPL) streaming service, Apple TV+, is reportedly losing over $1 billion per year. Laura Martin, Needham & Company senior media and internet analyst, joins Market Domination to discuss the details, noting that Apple is "not really a player" in the streaming space.
The Investment Committee give you their stop stocks to watch for the second half.
Amid the recent stock market turmoil, investors have turned to two giants in streaming entertainment: Netflix and Spotify. The post Investors Seek Safe Harbor In Entertainment Stocks Netflix, Spotify appeared first on Investor's Business Daily.