Netflix Inc (NFLX.O)
16 Jul 2018
Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing. | Video
July 16 Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's rapid expansion is slowing.
NEW YORK The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season. | Video
NEW YORK (Reuters Breakingviews) - Netflix's growth stumble is a small gift to rivals. The streaming-video service attracted fewer subscribers than forecast in the second quarter, knocking more than $20 billion off its value. That will comfort Walt Disney and Comcast as they wage a costly battle for parts of Twenty-First Century Fox and Sky. Yet even a more sluggish Netflix remains far ahead in the race.
* Dow up 0.2 pct; S&P down 0.1 pct, Nasdaq down 0.3 pct (Updates close with Netflix shares falling sharply after results)
July 16 Netflix Inc added fewer subscribers than expected in both its international and domestic markets in the second quarter.
NEW YORK/SAN FRANCISCO The FANGs have gotten their bite back, and they are helping Wall Street erase the wrenching correction that beset it in February.
By Caroline Valetkevitch and Noel Randewich NEW YORK/SAN FRANCISCO, July 16 The FANGs have gotten their bite back, and they are helping Wall Street erase the wrenching correction that beset it in February. Facebook, Amazon.com, Netflix and Google's parent Alphabet have led the technology and consumer discretionary sectors back to record high levels in recent days. Whether they can haul the wider market over that threshold likely hinges on the rush of quarterly scorecards
The third season of the reality series revival is set to begin production in Kansas City, Mo., on Monday. Co-hosts Antoni Porowski, Bobby Berk, Karamo Brown, Jonathan Van Ness, and Tan France will return for the new season, which is slated to premiere on Netflix in 2019.
(This version of the story corrects in second paragraph that Sandra Oh is first Asian lead comedy actress nomineee rather than first Asian-American nominee in that category) | Video
|Walmart Inc (WMT.N)||$87.64||-0.06|
|Apple Inc. (AAPL.OQ)||$190.91||--|
|AT&T Inc. (T.N)||$31.90||+0.23|
|Verizon Communications Inc. (VZ.N)||$51.59||+0.18|
|Comcast Corporation (CMCSA.OQ)||$34.97||--|
|Comcast Corporation (CMCSK.O)||--||--|
|Amazon.com, Inc. (AMZN.OQ)||$1,822.49||--|
|Best Buy Co Inc (BBY.N)||$75.48||-0.40|
|Time Warner Inc (TWX.N)||--||--|
|Time Warner Inc (TWX_w.N)||--||--|