Analyst Rich Greenfield says original programming like "House of Cards" is the key to Netflix's future success.» Read More
Stocks closed to the upside in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
The uptick in media stocks is partly due to the reallocation of excess cash back to shareholders and what Netflix has meant for the industry, David Bank, managing director of Global Media and Internet Research at RBC Capital Markets, told CNBC Thursday.
Stocks were modestly higher in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
Stocks edged higher in another choppy, thin-volume session Wednesday after investors largely shrugged off news that ISM non-manufacturing index slipped last month and China's latest interest rate increase.
Here's why you should keep a close eye on these six stocks.
Futures were lower Wednesday as traders were disappointed by China's latest attempt to slow inflation and some bad news from the jobs market.
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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.