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Netflix Analyst Raises Estimates Ahead Of Q2 Subscriber Report, Sees 'Content Advantage' Over HBO Max, Disney+
Tuesday, July 7, 2020 - 4:49pm | 490Netflix Inc (NASDAQ: NFLX), which added a record net 15.77 million paid subscribers in the first quarter, is poised to comfortably beat its guidance when it reports second-quarter results July 16, according to a Credit Suisse analyst. The Netflix Analyst: Douglas Mitchelson maintained an...
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Will Amazon Or Netflix Buy A Movie Theater Chain?
Friday, June 26, 2020 - 6:29pm | 520AMC Entertainment Holdings Inc (NYSE: AMC) has experienced major volatility in recent weeks on rumors that Amazon.com, Inc. (NASDAQ: AMZN) is potentially interested in a buyout of the popular movie theater chain. On Friday, BofA Securities analyst Nat Schindler said a theater buyout...
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Disney Analyst Says The Mouse Faces Park, Production Problems: 'A Ferrari Without Gas'
Friday, June 19, 2020 - 11:09am | 412The unknown length and impact of the COVID-19 pandemic pose two problems for Walt Disney Co (NYSE: DIS), according to Wells Fargo. The Disney Analyst: Steven Cahall maintains an Equal Weight rating on Disney's stock with a price target lifted from $107 to $118. The Disney Thesis: Disney's...
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Needham's Martin Praises Amazon's Twitch Business, Talks Lesser-Known Revenue
Thursday, June 18, 2020 - 3:35pm | 429Shares of Amazon.com, Inc. (NASDAQ: AMZN) could double in value over the long-term as the company continues to focus on growing services revenue, Needham analyst Laura Martin said on CNBC's "Worldwide Exchange." Media Power: Investors tend to mischaracterize Amazon as an e-commerce...
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Bullish Roku Analyst Weighs Coronavirus Impact, Says Platform Is 'Winning Aggregator' In Streaming
Thursday, June 18, 2020 - 11:54am | 461Roku Inc (NASDAQ: ROKU) is likely to face a near-term hiccup but is better positioned the medium- and long-term, according to a Needham analyst. The Roku Analyst: Laura Martin has a Buy rating on Roku shares with a $150 price target. The Roku Thesis: COVID-19's...
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Chinese Video Streaming Company iQIYI Soars As Tencent Reportedly Eyes Majority Stake
Tuesday, June 16, 2020 - 8:56am | 405Shares of Chinese video streaming platform iQIYI Inc (NASDAQ: IQ) were ripping higher Tuesday on reports of a takeover approach from social media and gaming company TENCENT HOLDING/ADR (OTC: TCEHY). What Happened: iQIYI, which is majority owned by Chinese search giant Baidu Inc (NASDAQ:...
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BofA Says Disney Is The Happiest Place On Earth For Investors, Lifts Price Target
Monday, June 15, 2020 - 10:44am | 395Walt Disney Co (NYSE: DIS) is trading at an attractive valuation and should be bought by investors as more states and regions are re-opening their economies, according to BofA Securities. The Disney Analyst: Jessica Reif Ehrlich maintains a Buy rating on Disney's stock with a price target...
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Netflix Option Trader Makes $73.6M Bet On 5% Upside
Tuesday, June 9, 2020 - 2:11pm | 639Netflix Inc (NASDAQ: NFLX) shares are up 40% in the past six months. The streaming video giant appears to have gotten a boost from shelter-in-home environment, and at least one large option trader is making a huge bet on more upside ahead. The Netflix Trades On Tuesday morning, Benzinga Pro...
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Genius Brands CEO Says Short Reports Full Of 'Misleading Statements'
Monday, June 8, 2020 - 10:01am | 589Genius Brands International Inc (NASDAQ: GNUS), a children's media company, said Monday that recent short reports are full of "misleading statements, omissions of key facts, and red herrings." The stock trades around $5.42 per share, after rising from 73 cents on...
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What's Behind Netflix's Recent Weakness?
Wednesday, May 27, 2020 - 2:56pm | 674Netflix Inc (NASDAQ: NFLX) shares have held their own despite the turmoil of the COVID-19 pandemic, thanks to strong subscriber additions facilitated by the lockdowns in force globally. Netflix Shares Peak, Pause The streaming giant is among the best-performing S&P 500 stocks year-...
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What We Know About ViacomCBS Buying 'Some Good News'
Tuesday, May 26, 2020 - 9:15am | 359John Krasinksi's homemade YouTube show "Some Good News" is heading to an unlikely new home: ViacomCBS Inc. (NASDAQ: VIAC) What To Know About Good News Krasinksi, known for his role as Jim Halpert on "The Office," hosted his own YouTube show to...spread some good news....
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Freight markets remain stable – On The Spot (with video)
Friday, May 22, 2020 - 4:14pm | 151Zach Strickland and Kevin Hill discuss what's been happening in the trucking sector over the last week. They talk about the tightening capacity in Los Angeles and Southern California, consumer spending, and auto sales. Apple Podcasts Spotify Watch the LIVE video More FreightWaves Podcasts
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Spotify Scoops Up Joe Rogan And His Hugely Popular Podcast
Tuesday, May 19, 2020 - 4:09pm | 437YouTube is set to lose one of the biggest names in the podcast universe as Joe Rogan, host of "The Joe Roan Experience," will become exclusive to Spotify Technology SA (NYSE: SPOT). What Happened To The Joe Rogan Experience Rogan is a comedian and mixed martial arts color commentator but...
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Netflix Analyst Says Falling Churn, Strong Late April Subscriber Trends Boost Hopes
Wednesday, May 13, 2020 - 10:20am | 517Netflix Inc (NASDAQ: NFLX) reported strong net subscriber adds for the first quarter, and its subscriber base is only getting better, according to an analyst at BofA Securities. The Netflix Analyst Analyst Nat Schindler maintained a Buy rating on Netflix with a $525 price target. The Netflix...
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Roku Is Well-Positioned With Or Without A Pandemic, Benchmark Says In Bullish Initiation
Wednesday, April 29, 2020 - 12:12pm | 375Although shares of Roku Inc (NASDAQ: ROKU) offer less near-term upside, the company is likely to emerge as a winner in the longer term, both during and after the COVID-19 crisis, according to Benchmark. The Roku Analyst Daniel L. Kurnos initiated coverage of Roku with a Buy rating and $153 ...