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NASDAQ:NFLX
Netflix Inc is one of the world's leading entertainment services with over 260 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
The Nasdaq is off to its worst start to the year through the first 14 trading days since 2008
The world's biggest streaming services company said it expects to add 2.5mln customers in the first quarter, fewer than half of the 5.9mln predicted by analysts
“What happens on the internet, parents see it, it’s the Wild West,” said EU commissioner Thierry Breton, who tabled the original proposal in December 2020. “We don’t know what kids are doing anymore… harassment, hate speech, attacks on demo
Da-dung ... Netlfix releases its fourth-quarter results later today.
The video streaming giant's shares have notched up a new all-time high
Not counting any hits we don't see coming, like Squid Game, the fourth quarter is packed with the latest seasons of already successful Netflix original content.
Netflix said it has begun testing its new video games offering in certain countries
For investors, supply chain issues and inflation loom in the background
At the close, the Dow rose 91 points to 34,391, while the S&P 500 edged up seven points at 4,360 and the tech-heavy Nasdaq moved 34 points lower to 14,512
Like Disney's purchase of the Star Wars franchise, this is Netflix's chance to do something similar, one analyst said
The software engineers shared confidential information on subscriber growth, the market's favourite metric for the video streaming star
"The pace of adoption has been really fast. It has been a surge, due to lockdowns, in particular during winter."
"We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV," the company said
There are other companies with updates or results due, including CVS Group, Audioboom, OneMedia IP and Supreme
The streaming giant is expected to add just 1mln new subscribers in its second quarter, continuing a steep slowdown in user growth following a boom during the pandemic
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The Dow rose 54 points while S&P 500 eased 14 and the Nasdaq was down over 101 points, or 0.7%
Hardware & electrical equipment
The streaming giant could reportedly launch games on its platform within the next year
Tighter regulation for streaming services will also be looked at
Amblin will produce several films a year for the streaming giant
