put out a note regarding a fall-off in mobile app downloads. Schindler's data says app downloads have dropped by about 12% compared with Q1, which may mean. Still he said the Netflix bull case relies on the hitrelease keeping customers signed up. "If [the second quarter] goes well for Netflix attributable to Stranger Things, we worry it may be vastly more hit driven than prior years," Schindler said.
Then there is the Accumulation/Distribution figure. It has been gaining since May and now sits near 1.6 billion. The support trend line that began in May is sloping upward with each successive higher low, and the Moving Average Convergence Divergence indicator is also nearly the zero threshold. The 9-day moving average is also leading the 21-day average.first resistance should come at $205, and $220 sits above if bulls get lucky. In case of a bad report, support at $172 should hold.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
ClayMarkets Either way the earnings go today, the stock has been over-punished and is great buying here as a long term holding. They still have over 200 million paid subs and serve more than 1B customers. Pivoting to an ad-based model will be great for cashflows
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix Earnings Preview: Wall Street Expects Subscriber Drop and Detail About Its Ad Ambitions'We sense low conviction across the Street, so this is another wait and see quarter, with investors likely resetting afterwards,' says Wells Fargo's Steven Cahall. You know what will add new subscribers and current subscribers will absolutely love?!! Ads!!!! 🤦🏼♂️ at this rate, we’ll all be back to cable tv, damn shame MichelArouca Maybe the price increase was stupid? Perhaps greed isn’t good? 🤷♂️
Source: THR - 🏆 411. / 53 Read more »
3 Stocks to Watch Next Week: IBM, Netflix, Tesla Motors | Investing.comStocks Analysis by Haris Anwar/Investing.com covering: International Business Machines, Netflix Inc, Tesla Inc. Read Haris Anwar/Investing.com's latest article on Investing.com $NFLX on path to loose 2.8 million subscribers -Barclays. Price target is set at $170. cesarluis oh really
Source: Investingcom - 🏆 450. / 53 Read more »
BAC Stock Earnings: Bank of America misses on top and bottom linesBank of America (BAC) stock is buoyant in Monday's premarket as investors bet on a second quarter earnings beat, which is expected to be released befo
Source: FXStreetNews - 🏆 14. / 72 Read more »
3 key numbers in company earnings reports to watch out for this earnings seasonStarting this week and running through July, the country’s publicly traded companies are scheduled to reveal their second quarter earnings and share their best guesses on what’s in store for future bottom lines. For those who think that the current inflation was caused by: -Govt Spending $$ on avg folks -funded by The Fed's 'money printing' Here's an article that explains in detail why you've been misled by Wall St apologists...
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix To Step Into Spotlight, Kicking Off A Media Earnings Season Riddled With AnxietyNetflix will reveal its financial results from the second quarter on Tuesday afternoon, and the outcome is expected to set the tone for one of the most anxious and uncertain earnings seasons in yea… MichelArouca
Source: DEADLINE - 🏆 109. / 63 Read more »