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Netflix drops on earnings report showing weak guidance, CMO retiresNetflix reported its first-quarter 2019 earnings after the bell as more media companies enter the streaming space. And they raised their prices again! Maybe spend less on shitty Will Smith films? JUSTATHOUGHT NETFLIX I saw this coming.
Source: CNBC - 🏆 12. / 72 Read more »
Sprint, T-Mobile shares fall on report Justice Department won't approve merger as structuredShares of Sprint and T-Mobile US fell in after-hours trade after The Wall Street Journal reported that Justice Department staffers have told the companies...
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix shares fall on concerns that Disney+ could steal market share by undercutting on priceDisney+ will cost $6.99 per month, while Netflix recently raised its price to $13 per mont. Not only will $DIS undercut $NFLX on price, but they'll also pull all their content from $NFLX. There's room for both premium services and low-cost services in any marketplace. Netflix has built such a sizable lead in customer base and establishes generational customer loyalty that they can afford to raise prices without any debilitating consequences. DISNEY ON THE COME UP dontsleep kids will convince their parents to get Disney+, RIPNETFLIX
Source: CNBC - 🏆 12. / 72 Read more »
Asian shares supported by global growth hopes, eyes on earningsAsian shares started on a firm footing on Monday and the dollar eased as risk ap... You share any one of fell distortion Asian close that we love meeting world which tach
Source: Reuters - 🏆 2. / 97 Read more »