Netflix: Not A Good Play At Current Prices

04:48am, Friday, 25'th Oct 2024
Netflix continues to grow rapidly, with a 35.5% stock increase since April, outperforming the S&P 500, yet I maintain a 'hold' rating due to valuation concerns. Q3 2024 saw record-breaking revenue of
Q3 revenue nearly hit $10 billion, with a 15% YoY growth rate and a significant leap in operating margin to almost 30%. Netflix's net profit margin TTM surpassed 20% for the first time, indicating sig
Two brothers who were convicted of killing their parents and featured in Netflix shows could be freed early after 34 years behind bars.
Costco's introduction of membership card scanners at the front of US stores is still rolling out, but the move is already paying off big for the wholesale club.

Costco's 'Netflix moment' big win

08:01am, Thursday, 24'th Oct 2024
Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.
Shares of the streaming pioneer have surged 57% this year.
Netflix continues to extend its lead as the world's largest streaming platform.
Investors might be surprised by the company's catalyst for growth hiding in plain sight.
Netflix's NFLX uptrend will continue because the company is still growing and outpacing forecasts. In 2024 and 2025, the company's growth will be driven by the increasing user base and rising engageme
Netflix seems to want to continue to make inroads into gaming, offering dozens of decently good mobile-focused titles on its service. But it wanted more, which is why it formed an internal studio (cod
Netflix (NASDAQ: NFLX) is witnessing a surge in insider selling activity, with several top executives offloading significant portions of their holdings.
These dominant companies are experiencing strong growth that can power your savings.
Netflix is well positioned for accelerated top-line growth and margin expansion with live events like the two NFL games on Christmas Day and the Paul Vs. Tyson fight. These live events may have the ab

Netflix Shutters AAA Video Game Studio

02:32pm, Tuesday, 22'nd Oct 2024
Despite continued optimism among top management about the potential of video games, Netflix is shuttering its AAA game studio in Southern California. The move, first reported by GameFile, was confirme
Netflix has closed Team Blue, the LA-based internal studio, before it could release its alleged triple-A game.
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