When shopping his comedy special, comic Jim Jefferies chose Netflix over broadcast and cable television. And he's not the only one.» Read More
July 25- Amazon.com Inc's heavy investment in content and technology to fight off deep-pocketed rivals is proving to be more costly than many had expected, raising fears that operating earnings will be remain under pressure indefinitely. Amazon's shares fell 12 percent to $314.76 in early trading on Friday, wiping out about $18 billion from its market value.
Mark Cuban, who made his fortune as an Internet entrepreneur, tells CNBC "it's not 1999 all over again by a long shot."
The tax money will be have to be made up somewhere, billionaire investor Mark Cuban says.
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.
While investors will be focused on Amazon's giant e-commerce business when it reports earnings Thursday, its future is tied to Prime.
Apple could be "obsolete" in three years, due to increasing competition in the technology sector, one analyst told CNBC.
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.
*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.
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.