CNN News, delivered. Select from our newsletters below and enter your email to subscribe.
New York Netflix has a message for Disney, Amazon, Apple and the numerous other media and tech companies vying for the streaming media throne: We still wear the crown.
Wall Street took notice. Netflix posted impressive gains in earnings, revenue and subscribers for the first quarter on Tuesday. Although Netflix's forecast for new subscribers in the second quarter was a bit light, shares of Netflix were flat Wednesday morning. The stock is up more than 30% this year. Analysts were quick to point out that Netflix typically sets the bar low with its outlook.
'The Crown's' queen was paid less than prince 01:01Consumers are cutting the cable cord — but they don't appear to be cutting back on the growing number of streaming service subscription options. Research firm IHS Markit estimates that the total number of streaming subscriptions will hit 536 million this year, and approach 600 million in 2020.With that in mind, eight Wall Street analysts have raised their price targets for Netflix stock so far this month.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As America files its taxes, Trump's only worry is disclosureAs America files its taxes, Trump's only worry is disclosure | By Edward J. McCaffery for CNNOpinion
Read more »
Record haul of pangolin scales highlights Chinese and Vietnamese demand for endangered speciesThe second major seizure of pangolin scales in Singapore in under a week has highlighted the plight of one of the world's most trafficked animals, a shy and secretive beast whose meat, blood and scales are highly sought after in parts of Asia
Read more »
Amazon reportedly employs thousands of people to listen to your Alexa conversationsCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
Tesla and GM electric car sales could get a big boost if this bill passesCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
Lori Loughlin and Mossimo Giannulli are 'not ready' to make a plea in college admissions scandalActress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, are 'not ready' to enter a plea for their alleged role in the college admissions scandal, a source says
Read more »
Pelosi: Cain, Moore are 'worst, ill-suited' picks for FedNancy Pelosi has called StephenMoore 'ill-suited,' 'unqualified,' and the 'worst.' How does Trump's latest Federal Reserve pick respond to this critique? 'I have 35 years experience in the policy game. ... I think my qualifications stand up pretty well'
Read more »
ICE acting deputy director tapped to lead agencyCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
Yes, you probably got a tax cut. Here's why you may not be feeling it.Yes, you probably got a tax cut. Here's why you may not be feeling it. | Analysis by zbyronwolf
Read more »
'Mayor Pete' surges into the top 10 in our 2020 rankingsThe past month has seen a star emerge in the 2020 race for the Democratic presidential nomination in the form of South Bend, Indiana, Mayor Pete Buttigieg | Analysis by CillizzaCNN & ForecasterEnten
Read more »
Sudan's President Bashir forced out in military coupSudan’s defense minister confirms the military has taken control of the country after removing President Omar al-Bashir from power. 'Everything about what he has been able to wreak on the Sudanese people has changed in the last few hours,' reports NimaCNN
Read more »
Twitter's CEO Jack Dorsey is into intermittent fasting. What is it?CNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »