The tax money will be have to be made up somewhere, billionaire investor Mark Cuban says.» Read More
SAN FRANCISCO, July 24- Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
BRUSSELS, July 24- U.S. cable group Liberty Global has offered to sell its pay TV channel Film1 in an attempt to win EU antitrust approval for its proposed acquisition of Dutch rival Ziggo, a person familiar with the matter said on Thursday.
Pedro De Noronha, managing partner at Noster Capital, discusses the "make believe" valuations of technology stocks such as Netflix, adding that Apple could be "obsolete" in two to three years.
NEW YORK— What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3- D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The Fire phone uses Android, but Amazon has modified it to the point that it's barely recognizable.
*Chipotle rallies a day after results, Netflix slides. Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed. However, on Tuesday, Netflix shares fell 4.6 percent to $431.09 as the company's plans to expand in Europe were seen as eroding profits.
3. Party Party, Red Velvet Art LLC. 8. PAW Patrol Rescue Run, Nickelodeon. 1. Kim Kardashian: Hollywood, Glu Games Inc..
The reality is it's had a huge run, says Rich Greenfield, BTIG, weighing in on whether the company can sustain its current growth.
Discussing the Netflix content pipeline and if the streaming giant could buy a production studio, with Quartz contributor Jason Lynch.
CNBC's Julia Boorstin reports Netflix surpassed 50 million total members and vows to aggressively build their international business.
Discussing Netflix's plans for international expansion and growth strategy, with Tony Wible, Janney Capital Markets. Based on their current pace they could get to 52 million subscriptions in 3 years, says Wible.
July 22- Netflix Inc's planned expansion in Europe will set the video streaming company up for growth, but will increase content and marketing expenses in the near term, analysts said.
Two big multi-national players turn in good--but not great--earnings, and may indicate a bigger trend.
July 22- Netflix Inc's planned expansion in Europe would set the video streaming company up for growth, but would increase content and marketing expenses in the near term, analysts said.
Netlfix says earnings more the doubled in Q2 as global subscriptions beat expectations. The "Squawk on the Street" news team discusses the trajectory of the streaming giant.
Some of the names on the move ahead of the open.
Anthony DiClemente, Nomura Securities, breaks down Netflix's second quarter results and shares his outlook on the company.
Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold.
LOS ANGELES, July 21- Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
"Over the long run, investors are going to get burned on this stock," Michael Pachter of Wedbush Securities says of Netflix.
NEW YORK/ SAN FRANCISCO, July 21- Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.