Netflix loses nearly 1 million subscribers, forecast misses Wall Street estimates

Netflix loses nearly 1 million subscribers, forecast misses Wall Street estimates

Netflix Inc. NFLX-Q said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter. It plans to launch an ad-supported tier next year and it warned that the strong dollar was also hitting revenue booked … Read more

Asset manager names companies trading at a ‘sizable discount’

Asset manager names companies trading at a ‘sizable discount’

With stock markets yet to emerge from the doldrums of a brutal first half sell-off, investors are increasingly seeking strategies to preserve and grow their capital. Asset manager Jack Ablin tells CNBC how he’s trading the market volatility, highlighting some of his top stocks along the way. Investors should be putting their money in companies … Read more

These are the most oversold stocks in the S&P 500 due for a bounce

These are the most oversold stocks in the S&P 500 due for a bounce

Certain stocks have become so oversold during this brutal bear market that they are long overdue to bounce. With stocks on Tuesday snapping back a bit after weeks of big losses, CNBC Pro set to find the stocks most overdue for a rebound. We looked for the shares trading the farthest from their average price … Read more

5 things to know before the stock market opens Friday, June 10

5 things to know before the stock market opens Friday, June 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street turns decisively lower after another hot inflation report Traders work on the floor of the New York Stock Exchange NYSE US stock futures turned sharply lower after Friday’s before-the-bell inflation report showed a bigger-than-expected increase. … Read more

TikTok looms large in tech earnings from Google, Facebook, Amazon

TikTok looms large in tech earnings from Google, Facebook, Amazon

Rafael Henrique | LightRocket | Getty Images As the heart of tech earnings season wraps up, one persistent theme has been weakness in the digital ad market. The war in Ukraine, rising inflation, Apple’s privacy changes and an overall pullback in ad spending help explain why Facebook, Google, Amazon and Twitter all reported disappointing revenue … Read more

How Netflix’s password-sharing crackdown is likely to work

How Netflix’s password-sharing crackdown is likely to work

Netflix signage next to the Nasdaq MarketSite in New York, US, on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Netflix surprised the world this week, saying it plans to finally address the rampant practice of password sharing. More than 100 million households are using a shared password, Netflix said Tuesday, including … Read more

Netflix is ​​exploring lower-priced, ad-supported plans after years of resisting

Netflix is ​​exploring lower-priced, ad-supported plans after years of resisting

In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images After years of resisting advertisements on its streaming service, Netflix is ​​now “open” to offering lower-priced tiers with ads, co-CEO Reed Hastings said Tuesday. Hastings has long been … Read more

5 things to know before the stock market opens Tuesday, April 19

5 things to know before the stock market opens Tuesday, April 19

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady with earnings, rising bond yields in focus Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images … Read more