A highly unpopular move by Netflix is paying off [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
Full Video Transcript Below: CAROLINE WOODS: I'm Caroline Woods reporting from the New York Stock Exchange. Here's what we're watching on TheStreet today. Stocks are finishing up what was a rough week on Wall Street on renewed fears that interest rates may stay higher for longer. Economists now see the Fed lowering rates in September, with some anticipating no rate cuts at all in 2024. Fed President Neal Kashkari told Fox News on Thursday that the central bank needs to be patient and that the first rate cut may not happen until 2025. In other news, Netflix's crackdown on passwords seems to be working. The streaming giant added over 9 million subscribers in its first quarter, bringing its total to a record 269 subscribers. The company also reported a big jump in revenue with profits soaring to 2.3 billion dollars in the quarter. The company also saw success from its newly introduced ad tier. While Netflix didn't share exactly how many new subscribers paid for ads, it did see i
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- John Mulaney is live from L.A. on Netflix, plus Radu Jude takes you for a wild ride in Bucharest: What to watch [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Netflix, Inc. (NASDAQ: NFLX) is now covered by analysts at CICC Research. They set an "outperform" rating and a $650.00 price target on the stock.MarketBeat
- Opinion: This Netflix show is hard to watch. That doesn't diminish its message [CNN]CNN
- No Internet Connection? Here's How You Can Still Watch Netflix Movies and Shows [CNET News]CNET News
- Indonesia's Vidio Is Aiming to Double Subscribers Ahead of IPO [BNN Bloomberg (Canada)]BNN Bloomberg
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form 144
- NFLX's page on the SEC website