Markets

Netflix stock jumps 13% after the entertainment titan says it will end its borrowing binge and explore stock buybacks

Netflix stock surged 13% in premarket trading on Wednesday after fourth-quarter earnings beat forecasts. The video-streaming service added a record 37 million paid subscribers in 2020. Netflix expects to generate enough cash to end its borrowing spree and potentially fund share buybacks. Visit Business Insider’s homepage for more stories. Netflix […]
Netflix stock jumps 13% after the entertainment titan says it will end its borrowing binge and explore stock buybacks
Markets

Netflix tanks on earnings miss and disappointing subscriber-growth forecast

Netflix shares dropped as much as 8.5% in premarket trading on Friday after the group’s second-quarter earnings and third-quarter forecasts disappointed Wall Street. The video-streaming giant added 10 million subscribers in three months, boosting revenue by 25% and earnings per share by 163%. However, its EPS figure fell short of […]
Netflix tanks on earnings miss and disappointing subscriber-growth forecast
Tech

Bollywood music channel T-Series beat out PewDiePie after a months-long battle to become the first YouTube channel to reach 100 million subscribers

PewDiePie and T-Series, two of the most-subscribed-to YouTube channels, have been engaged in a months-long battle to secure the title of most popular YouTuber. T-Series, an Indian music label, became the first YouTube channel to reach 100 million subscribers when it passed the mark on Wednesday. The achievement comes after […]
Bollywood music channel T-Series beat out PewDiePie after a months-long battle to become the first YouTube channel to reach 100 million subscribers
Markets

GOLDMAN SACHS: Here’s what Wall Street is getting wrong about Netflix

Netflix‘s subscriber growth will drive financial results well above Wall Street estimates and should boost its stock price, Goldman Sachs says. Netflix missed Wall Street’s expectations for subscriber additions on July 16, sending shares down as much as 14%. Watch Netflix trade in real time here. Wall Street may be […]
GOLDMAN SACHS: Here’s what Wall Street is getting wrong about Netflix
Tech

A Bollywood production company is about to steal PewDiePie’s top spot on YouTube — and viewers are watching it play out in real time

PewDiePie has been the top subscribed YouTube channel since 2013. Now, his spot might be taken by Bollywood production company T-Series. Viewers are watching PewDiePie and T-Series’ subscriber counts play out in real time. PewDiePie, the controversial Swedish YouTube personality famous for his livestreamed video game commentaries, has maintained his […]
A Bollywood production company is about to steal PewDiePie’s top spot on YouTube — and viewers are watching it play out in real time
Tech

Netflix’s subscription service is growing by leaps and bounds

Netflix is taking off with new subscribers. In recent years, the company has doubled down on producing original content, and it’s proven to be a smart move. The number of Netflix subscribers has been growing steadily ever since 2012, from less than 30 million to more than 120 million last […]
Netflix’s subscription service is growing by leaps and bounds