The streaming pioneer has opened three Netflix House, which offer “experiences” built around some of the company's most popular series. You better be a fan.
After shifting its gaming strategy to focus more on games played on the TV, Netflix announced it's acquiring Ready Player Me, an avatar creation platform based in Estonia. The streamer said Friday it plans to use the startup's development tools and infrastructure to build avatars that will allow Netflix subscribers to carry their personas and fandom across different games.
Netflix (NFLX 0.83%) entered into an agreement to acquire parts of Time Warner, which includes the studio, HBO, and HBO Max in a $72 billion deal that will tie up capex for awhile and add debt to the company. But I believe the positives far outweigh the short-term negatives, which is why I see this dip in shares of Netflix being a buy.
Netflix and Amazon underperformed the market over the past five years, having only outperformed in 2023 and 2024. However, these growth stocks are attractive based on recent business momentum and future opportunities.
Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.
Elliott Investment Management has taken a $1B+ stake in Lululemon (LULU), becoming one of its largest shareholders, pushing for leadership changes at LULU. Micron (MU) surged premarket after issuing Q2 guidance and long-term HBM market forecasts that far exceeded analyst expectations.
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