The crypto “Crocodile of Wall Street” - who is set to head to prison in days for money laundering - claims the media was “wrong about” her.
The streaming leader blew past expectations for subscriber growth, posting record additions of 18.9 million, well above the analyst consensus of 9.8 million. Subscriber growth was also broad-based with the company adding at least 4 million subscribers in all four of its regions,
Shares in Netflix (NFLX on the NASDAQ) skyrocketed $100 apiece on Tuesday afternoon following the release of the company's fourth-quarter financials. In a letter to shareholders,
Netflix is the world's largest streaming platform for movies and TV shows, and it continues to extend its lead over the competition. Netflix is experiencing tremendous growth from its advertising tier,
Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.
One thing Netflix NFLX -0.74% definitely has learned over its many years in show business is how to go out on a high note.
Analysts expect revenue to grow by 13.5% in 2025 and 12% in 2026, with earnings rising by 25.3% and 22.1% over the next two years. While Netflix stock trades at 39 times forward 2025 earnings —appearing high — it is relatively low compared to its five-year average price-to-earnings ratio of 67.9x.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
Wall Street will closely watch the streamer's ad-supported subscriber numbers. Bitcoin hits a new high ahead of Trump's inauguration. TikTok restores U.S. service after going dark.
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We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.