$Netflix(NFLX)$ is reportedly considering raising the prices of its ad-free streaming service following the conclusion of the ongoing Hollywood actors strike, as reported by the Wall Street Journal. While specific details of the price increase have yet to be disclosed, discussions are expected to take place in the U.S. and Canada. Price Increase Plans Amidst Hollywood Strikes This potential price hike follows a broader trend in the streaming industry, where major ad-free services have increased their prices by around 25% in the past year. This move is aimed at improving profitability and encouraging users to switch to cheaper ad-supported plans. Interestingly, Netflix has been one of the few major streaming platforms that did not raise its prices
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$Tesla Motors(TSLA)$ will be reporting its Q2 2023 earnings on Wed, 19 Jul 2023 after market closing. It is natural that investors’ focus will be on Tesla’s profit quantum earned during the past 3 months. When it comes to investment (especially mid to long term), do we ask ourselves - is “dollars & cents” the only criterion-dimension for assessment? See below. I think the article is a timely reminder for us, retail investors. For every stock that we invest our hard-earned monies, is there a bigger picture in the background while we trace & track the stock’s performance? Mr Gary Black, co-founder & managing partner of Future Fund, has provided his estimates on Tesla’s Q2 earnings. He predicts, Tesla’s adjusted earnings per share
Last Fri, 14 July 2023, 3 US top banks (international) reported their Q2 2023 earnings in the morning. At first glance, they looked like credible results and the pre-market indicators turned “optimistic”. In the end, US market had a “mixed” closing (see below). DJIA: +0.33 (+113.89 to 34,509.03). Best performing index! S&P 500: -0.10% (-4.62 to 4,505.42). Nasdaq: -0.18% (-24.87 to 14,113.70). Honestly, I don’t think the banks are doing that “well” despite the quarterly earnings data released so far. Firstly, corporate clients are not providing as much of a lift, which is hurting banks that rely on them heavily. Corporates are dragging their feet, mainly due to: (see below) Continuous interest hike; inflatin
Click to vote. Guess how will $Netflix(NFLX)$ close Thursday 20/7 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Netflix(NFLX)$ is set to post its Q2 2023 earnings after the market close on Wednesday. Its earnings results will be a critical parameter for market sentiment after a strong bull run of tech stocks in the first half of the year. Subscriber change is the most important part of Netflix’s earnings report, as it is the key aspect gauging the company’s growth prospects.Netflix's Q2 2023 earnings call will be held on 20 July 2023 at approximately at 8:00 SGT. To set a reminder, please
Has the long-awaited market correction finally begun? Yesterday, technology stocks generally experienced a decline, with prominent AI companies such as $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ dropping by 3%. $NVIDIA Corp(NVDA)$ closed at $374.75, $Microsoft(MSFT)$ closed at $323.38.If I hold tech stocks, how can I hedge against this? This article will introduce three options strategies to hedge against the potential market correction. 1. Buy putYou can purchase put options on Nvidia and Microsoft to provide downside protection. In the event of a pullback, the value of the put options would increase, offsetting some of