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Netflix Shares Tumble the Most in Nine Months

Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix…

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Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix price target on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. @CryptoNewsNetwork_

    April 19, 2024 at 4:47 pm

    Thank you for this video!

  2. @mikeshaunnessey9303

    April 19, 2024 at 5:50 pm

    During the inception of television there were 6 minutes of adds per hour.(@60’s) Cable TV promised no adds for $10 a month (@70’s). Netflix with adds for $7 (@20’s).

  3. @TheCommunicationCoach

    April 21, 2024 at 3:09 pm

    Good, it’s a lot of junk like Reindeer Baby! What a sick, perv show more about rape than stalking!

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Amazon.com Inc.’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects, including artificial intelligence services. 

Ed Ludlow breaks down the #amazon #earnings
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#tesla shares soared following news of China’s tentative approval of the company’s driver-assistance system.
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Qualcomm shares soared as much as 10% after the world’s biggest seller of smartphone processors gave an upbeat forecast, suggesting that demand for handsets is increasing after a two-year slump. Qualcomm CEO Cristiano Amon joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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