Netflix, Inc. (NASDAQ: NFLX ) has released another strong report confirming the growth re-acceleration. The subscriber's amount has grown, prices are on a gradual rise track, and the advertising platform will be launched globally in 2025. These are three key drivers of futureI am a qualified economist specializing in economic theory and I have been investing and trading since 2005. Since 2018, I have been investing in US equities. Until 2022, I was part of TopStepTrader, having passed the combine for a fund ...

Two brothers who were convicted of killing their parents and featured in Netflix shows could be freed early after 34 years behind bars. Lyle Menendez, 56, and his 53-year-old brother Erik are serving life in prison without parole for the shotgun murders of their father and mother - Jose and Kitty Menendez - in 1989. They were jailed after a trial in 1996 when Lyle was 21 and Erik was 18.Los Angeles County District Attorney George Gascon said: "Under the law, resentencing is appropriate. I'm going to recomme ...

Costco’s introduction of membership card scanners at the front of US stores is still rolling out, but the move is already paying off big for the wholesale club.Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer’s “Netflix moment.”The report, led by Simeon Gutman, acknowledged that Cos ...

Costco's introduction of membership card scanners at the front of U.S. stores is still rolling out, but the move is already paying off big for the wholesale club. Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer's "Netflix moment." Ticker Security Last Change Change % COST COSTCO WH ...

Shares of the streaming pioneer have surged 57% this year.Netflix (NFLX -1.96%) just gave the market some good news, as it beat Wall Street estimates on the top and bottom lines with its latest financial update for the three-month period that ended Sept. 30. Shares have jumped 11% since the announcement, as of the time of this writing.This top streaming stock has been a major market winner historically, soaring a whopping 1,390% in the past decade. And its business is humming along nicely. Is Netflix a no-b ...

Netflix continues to extend its lead as the world's largest streaming platform.The S&P 500 is up 22% this year, which is more than twice its average annual return since it was established in 1957. The index continues to set new record highs, cementing the bull market that began in October 2022.The technology sector is leading the broader market higher, and it isn't just artificial intelligence stocks. Shares of streaming giant Netflix (NFLX -1.96%) are up a whopping 54% year to date, thanks to a string of b ...

Core Viewpoint - Netflix has demonstrated a remarkable turnaround in growth and profitability, with significant increases in revenue and subscriber count, leading to all-time high stock prices [1][3][4]. Financial Performance - In Q3 2024, Netflix reported a 15% year-over-year revenue increase, nearly double the growth rate from the same quarter in 2023 [1]. - The company achieved an operating margin of 30% in Q3 2024, up from 22% in the prior-year period, indicating improved profitability [4]. - Free cash flow per share reached an all-time high, showcasing the company's financial strength [4][5]. Subscriber Growth - Since hitting a low in 2022, Netflix has gained over 60 million net subscribers, bringing the total to nearly 283 million worldwide [2]. - The company implemented measures such as restricting password sharing and introducing a lower-priced ad-supported subscription tier to stimulate subscriber growth [2]. Future Outlook - Management projects a continued revenue growth rate of 15% for Q4 2024 and between 11% and 13% for fiscal 2025 [3][4]. - Netflix's advertising platform, still in its early stages, is expected to enhance revenue growth beyond 2025 as monetization rates improve [6]. Valuation - Despite a rising price-to-sales (P/S) ratio nearing 9, the company's growth potential supports its valuation [5]. - The stock's current high price does not diminish the impressive profitability and future growth prospects driven by advertising [6].

Stranger ThingsNetflixNetflix seems to want to continue to make inroads into gaming, offering dozens of decently good mobile-focused titles on its service. But it wanted more, which is why it formed an internal studio (codename Blue) that was meant to make a AAA multiplatform game based on an original IP.Now, as reported by GameFile’s Stephen Totilo, that has been shut down despite its big plans and all-star list of recruited talent. Among those that were hired: Overwatch Executive Producer Chacko Sonny Hal ...

Netflix (NASDAQ: NFLX) is witnessing a surge in insider selling activity, with several top executives offloading significant portions of their holdings. According to an SEC filing, Co-CEO Gregory K. Peters sold 4,186 shares of Netflix common stock on October 18, 2024, as part of a pre-established Rule 10b5-1 trading plan, which he adopted on July 26, 2023. Peters executed this transaction for $750 per share, resulting in proceeds of approximately $3.14 million. Prior to the sale, Peters exercised stock opti ...

Netflix (NASDAQ: NFLX ) experienced a strong q3'24 with 15% top-line growth paired with a significant improvement to its operating margin, reaching 30% in the quarter. With q4'24 being a major, pivotal quarter for the firm, I have reason to believe thatMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, In ...