Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it Read more
Tag: Streaming Services
Disney stock tumbles toward worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance in more than two decades. Though Disney DIS, Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year Tuesday with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for the Read more
Opinion: As Netflix and Disney move into ads, will Roku look to sell?
The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as Read more
Netflix launches ad-supported tier — Here’s how streaming services match up on pricing now
Price changes seem to be the only constant for streaming services in 2022. Four major streamers have already raised prices on monthly subscriptions so far this year, and Disney+ is Read more
Here are the S&P 500 CEOs spending the most on the midterm elections
S&P 500 chief executive officers have opened up their wallets for this month’s midterm elections, and none more than Reed Hastings. The Netflix NFLX, -4.80% co-CEO‘s political spending in the Read more
Vecna’s house on ‘Stranger Things’ is selling for $1.5 million
“Stranger Things” have happened to the real estate market over the past couple of years. For one, the COVID-19 pandemic turned the market upside-down, with houses selling for astronomical prices Read more
Amazon to let Prime members listen to 100 million songs ad-free
As Apple Inc. raises prices on its streaming music service and Spotify Technology SA teases a similar move, Amazon.com Inc. is going in a different direction. The e-commerce giant announced Read more