Netflix Stock

Netflix, Inc. (NASDAQ:NFLX) is moving into Hollywood. The on-demand video streaming giant recently announced that it had entered a long-term lease agreement for a significant portion of the ICON office tower at Sunset Bronson Studios. The Sunset Bronson location is of historical significance in Hollywood: it’s the original…

If you invested in Netflix Inc. (NASDAQ/NFLX) a few years ago, you are likely to be smiling now. Well, that’s exactly what billionaire investor Carl Icahn did. Last month, he said that he had sold the last of his shares of the on-demand video streaming giant. Analysts estimated…

Shares of Netflix, Inc. (NASDAQ/NFLX) surged more than 16% on Thursday July 16th. Why? The video streaming giant just released its earnings report. In the second quarter of 2015, Netflix had total revenue of $1.64 billion, a 22.4% increase year-over-year. Net income, however, declined by 63% year-over-year to…

Netflix, Inc. (NASDAQ/NFLX) is in talks with Chinese online media company Wasu Media Holding Co. Ltd. as it seeks a way into the Chinese market. Previously, Netflix planned to enter China without partnering with a local company. Now, however, things have changed. (Source: Bloomberg, May 15, 2015.) Netflix…

Netflix, Inc. (NASDAQ/NFLX) got my attention on Tuesday after announcing a massive fourth quarter, reminding me why I have been bullish on the stock for so long. Threatened by emerging rivals such as Amazon.com, Inc. (NASDAQ/AMZN), Hulu, and Yahoo! Inc. (NASDAQ/YHOO), Netflix proved why it is the “Best…

At this point, almost everyone knows about Netflix, Inc. (NASDAQ/NFLX). The online streaming company offering movies and TV shows on demand was a pioneer in this field, which drove corporate earnings for the firm. Such innovation and profitability in corporate earnings was bound to attract attention from competitors,…