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Netflix made the shorts pay, after the stock soared to all-time highs. So, how much higher is it going?
Stocks finished mixed in choppy, low-volume trading Tuesday, with the Dow and S&P breaking a five-day winning streak, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory and ahead of some key employment news expected later this week.
Investors got just the news to confirm hopes that Netflix is on track for the kind of growth to justify its stock price. After expanding to Canada, the company will launch its online streaming service in 43 countries in South and Central America along with the Caribbean later this year.
About 47 percent of total flat-panel televisions shipped in four years will have Internet connectivity, as manufacturers bet on the expansion of Netflix and direct-to-consumer offerings from content producers like Time Warner’s HBO.
Stocks paring earlier losses in choppy, low-volume trading Tuesday, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory.
A slew of tech stocks including Netflix, Amazon, Dell, IBM, all traded at or near multi-year highs. If you're a bull, the Fast traders think this trend may be your friend.
While the summer temperatures rise, Buffalo Wild Wings are also catching some heat, hitting an an all time high with shares up by more than 50 percent.
But if the "rocket can’t go high enough into the stratosphere," the S&P 500 can fall back to 1250, warned Paul Schatz, president of Heritage Capital.
CNBC's Herb Greenberg reports Netflix's stock surges on word the company is making inroads into Latin America, and the Fast Money traders weigh in on oil, gold and tech trades to play today.
Stocks struggled for direction in choppy, low-volume trading Tuesday, after logging their biggest gain last week in almost two years.
MoviePass wants to apply the subscription model that worked so well for Netflix to movie theater tickets. But it cancelled the trial Thursday night in the midst of conflict with theaters. And now it looks like MoviePass' business could blow up before it begins.
Despite the fact that the Los Angeles Times reported today that "Google is in preliminary talks to buy online video pioneer Hulu," a number of sources very close to the negotiations tell me that all talks are "very preliminary" and it is "impossible to characterize anyone as being in the lead."
China's Youku, an Internet media portal, gets 70 percent of its traffic from professional media syndication, Victor Koo, founder and CEO of Youku, told CNBC Thursday.
Hulu is headed toward the auction block — it's retained investment bankers Morgan Stanley and Guggenheim partners to assist with a sale that will open to bidders in two weeks, according to the LA Times.
Netflix just can't stay out of the spotlight-such is the plight of a company whose stock is up 106 percent in the past 12 months and whose technology could pose a major threat to satellite and cable TV operators, not to mention TV networks.
Blockbuster is trying to make a comeback into your living room.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Brian Roberts, Comcast chairman/CEO, discusses cloud computing, the next generation of television and broadband technology. Roberts also weighs in on Comcast's deal with NBC Universal, saying the company is invested for the long haul.
Stephen Gallagher found a way to shave hundreds of dollars a year off his cable bill. He got rid of his Cablevision premium package this Spring. Gallagher now relies almost exclusively on the internet to watch TV programs and movies.
The prices and analyst estimates presented here are as of the market close on June 8, 2011. So, which stocks are analysts expecting to have the biggest pops? Click ahead to find out!