Strong Second Quarter Earnings for SiriusXM Drives Its Stock Higher
SiriusXM (NASDAQ:$SIRI) released its second quarter earnings report on Thursday, July 27. The report was quite positive, and the company’s stock increased following the news. As of 11:40 AM PT on July 27, SiriusXM’s stock …
Netflix Remains Immune to Amazon’s Incursions
By now, it’s obvious that Amazon (NASDAQ:$AMZN) is on a rampage. However, contrary to popular belief, it might not be enough for the e-commerce giant to get its hands on Netflix’s (NASDAQ:$NFLX) business. Netflix has …
Former Vice President of Fox News Latino Files Lawsuit Against 21st Century Fox, Claiming Failure to Follow Agreements of Previous Settlement of Sexual Harassment Case
On July 25, former vice president of Fox News Latino, Francisco Cortes, filed a lawsuit against 21st Century Fox. The lawsuit claimed that 21st Century Fox (NASDAQ:$FOXA) had violated terms of a $2.5 million settlement …
What to Expect From Sirius XM Holdings’ Q2 Report This Week
Investors need to be watchful this week as Sirius XM Holdings (NASDAQ:$SIRI) will be releasing its Q2 results on Thursday, July 27. Needless to say, these results will be a tad bit more complex due …
Pandora Media Shares Edge Higher After Jana Partners Makes Investment
If you’re looking for entertainment stocks, you might want to think about adding Pandora Media (NYSE:$P) to your investment portfolio. On Monday, July 24, Pandora Media shares were moving higher in trading after Jana Partners, …
Scientific Games’ Stock Rises After Surprising Second Earnings Report
Scientific Games (NASDAQ:$SGMS), a company that makes products for gambling and lottery companies and games, saw its stock rise as high as about 22% during the afternoon of July 24. The rise was largely due …
This is Why Netflix’s Content Expenses Doesn’t Show Up On Its Income Statement All At Once
Although Netflix (NASDAQ:$NFLX) just announced one of its best quarter reports so far — in its second quarter alone, the company saw 1.1 million new subscribers in the U.S. and 4.1 million international new subscribers …
Scripps’ Stock Surges After Reports of Possible Merger with Discovery
Media company Scripps Networks Interactive, Inc.’s (NASDAQ:$SNI) stock skyrocketed on July 19 after reports of a possible merger with Discovery Communications Inc. (NASDAQ:$DISCA) surfaced. Scripp’s stock closed on Wednesday, July 19, at $76.89 after seeing …
Netflix Believes Its Platform is Replacing Linear TV
On July 17, video streaming behemoth Netflix (NASDAQ:$NFLX) released its Q2 earnings letter to shareholders. Aside from the statistics, Netflix opened up to shareholders about how their platform is replacing linear TV.
“Creating …
This is Why Netflix’s Stock is Rising Today – July 18, 2017
Netflix Inc.’s (NASDAQ:$NFLX) shares are rising on July 18 following the company’s second quarter earnings report — which was released the previous night. The stock hit all-time highs at around 11:50 A.M. EDT after rising …