Netflix (NFLX) Stock Hits New 2019 High Scooping Up Four Oscars

Alfonso Cuarón – “Roma” film director. Photo: theacademy / Instagram The company scored four Oscars at the show “Roma,” written and directed by Hollywood mainstay Alfonso Cuaron, won three awards, including Best Foreign Film, Best Cinematography and Best Director. “ Another Netflix winner is the short film “Period. End of Sentence.” The film won for…

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is Netflix Making a Documentary About Altcoins?

The cryptocurrency industry is much bigger than Bitcoin, Ethereum, Litecoin, XRP, and Dogecoin. Thousands of alternative projects exist today, albeit not all of them will be viable for very long. Netflix is seemingly in the process of filming a documentary about the altcoins on the market. A remarkable development, although it can complement their existing…

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Shutdowns and Ascents: Will the Political Crisis in the US Give a Boost to the Crypto Market?

Photo: Unsplash Although the government shutdown in the US is officially over, the current state of affairs looks more like a shaky truce than the end of the hostilities. The Congressional Budget Office (CBO) estimates that the temporary halt in government operations will cost American economy at least $3 billion of the projected 2019 GDP….

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To Buy or Not to Buy: Apple Stocks are Bargains

Photo: Julien G. / Flickr Two weeks ago, Apple issued a rare warning that shocked investors. For the first time since 2002, the company slashed its earnings forecast. The stock plunged 10% for its worst day in six years. This capped off a horrible few months in which Apple stock crashed about 35% from its…

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Netflix's price hike is a 'Catch-22'  that actually helps Disney's upcoming streaming service

Netflix subscription price hike is a “key dilemma” that makes future competitors like Disney more viable, New Constructs CEO David Trainer says. However, Aegis Capital’s Victory Anthony sees the Netflix price increase as extra money to invest in more original content or pad the bottom line. Disney will have a competitive advantage over Netflix when…

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Netflix is raising prices and the stock is soaring

The rate hikes constitute a jump of between 13 and 18 percent. The new prices take effect immediately for new customers. Existing subscribers will be grandfathered in over the next three months. Previous rate increases have had little effect on subscribers, and have traditionally buoyed the stock. Netflix is raising its prices again, and the…

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Facebook explains how Netflix, Spotify, and others used the info they got

Facebook said it gave Spotify, Netflix and the Royal Bank of Canada access to private messages so that users could communicate using those third-party services. Facebook’s explanation comes after the company’s stock price endured one its worst drops of 2018. Facebook on Wednesday evening published a blog post explaining why it allowed Spotify, Netflix and…

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Netflix revenues are reportedly being probed by the UK tax authority

Netflix’s British division is reportedly being investigated by government tax body HMRC. The streaming giant’s U.K. subsidiary declared a profit of just $1.44 million in 2017. Netflix is under investigation by the U.K.’s tax authority, according to a report by a British newspaper. The Times of London reported Monday that Netflix’s British accounts were under…

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Amid Crypto Market Sharp Downturn, Traditional Stock Markets Seem to Collapse as Well

It’s true. We can not anymore say it’s only the crypto market. It definitely had a weeklong downturn that has forced the bitcoin price to its lowest point in almost 14 months but it appears that traditional markets do not intend to welcome investors back with open arms. Cryptocurrencies have been hit harder though, at…

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India, not China, to take center stage in Netflix's expansion plan in Asia

Netflix has set its sights on India as it ramps up its Asian expansion strategy. The media streaming company aims to add 100 million subscribers in the South Asian country over the coming years. To bulk out its regional audience, Netflix plans to create 100 locally produced projects. Netflix is on a mission to expand…

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This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real

Crypto loves Lamborghinis. So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and…

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Investors need to think innovatively about tech

Tech is a no brainer for investors. But a simple investment theme for the sector is being badly executed. Investors are too narrow in their focus, chasing Nasdaq and FANG (Facebook, Amazon, Netflix and Google) stocks similar to how investors often play emerging markets in a simple fashion. Investor sentiment is cautious, except when it…

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