$Netflix(NFLX)$ Streaming became the largest source of income for composers and songwriters in 2022 and helped boost their collections by more than a quarter to 10.83 billion euros ($11.44 billion), a report showed on Thursday.
$NIO Inc.(NIO)$ After losing about 70% of its value in 2022, shares of the Chinese EV (electric vehicle) maker Nio (NYSE:NIO) continue to underperform the broader markets so far this year. While analysts’ average price target suggests significant upside potential, increased competition and pressure on margins indicate that the downtrend in the stock could be sustained, at least in the near term.
$Apple(AAPL)$ While co-founder and demigod Steve Jobs always gets credit for Apple's success, Apple has generated $2.5 trillion of its market value under Tim Cook, who took the CEO reins in August 2011. By that measure, he's the most successful corporate executive in history.
$Advanced Micro Devices(AMD)$ Advanced Micro Devices (NASDAQ:AMD) stock slid lower throughout September, because of both macro worries and the continued waning of “AI mania.” However, at the end of the month, AMD stock rallied, and it all had to do with the chip designer’s most talked-out growth catalyst.
$NIO Inc.(NIO)$ In September 2023, it delivered 15,641 EVs. This is an increase of +43.8% YoY. Compared to its August 2023 delivery (19,329 EVs), it is down -19.08%. Compared to its July 2023 delivery (20, 462 EVs), its is down -23.56%
$Sea Ltd(SE)$ For most of September, shares of Sea Limited (SE) drifted lower along with the S&P 500. That was until the final week of the month, when it suddenly jumped, finishing 16.8% higher in September, according to data provided by S&P Global Market Intelligence. That crushed the negative 5% return for the S&P 500.
$Walt Disney(DIS)$ Disney $Walt Disney(DIS)$ is a cherished American company with a brand that has a special place in the hearts of billions. If you pair this with a synthetic dividend you create through the use of covered call options, you are actually getting an even better deal than if the company was paying a dividend. Economically speaking, you are getting an effective dividend, but it is superior to a real dividend since the payout ratio is zero.
$Tesla Motors(TSLA)$ On September 27th, according to the Shanghai Securities News report, at the Tesla Gigafactory in Pudong Lingang, Shanghai, the rear underbody assembly system of the Tesla Model Y vehicle produced here successfully adopted integrated die-casting technology for rapid molding.
$Netflix(NFLX)$ A court in Germany has ruled that Netflix Inc. has been infringing on a Broadcom Inc. patent related to video coding, Broadcom Inc. said on Monday. As a result, the District Court of Munich issued an injunction that requires Netflix to “cease and desist” all further infringements of the patent in Germany. “Netflix has built a robust video streaming business that relies on Broadcom’s patented technology to deliver content to its users, and Broadcom is pleased to see this recognized by the German court,” said Mark Terrano, general manager of Broadcom’s intellectual property and licensing division.