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Prioritise 6 GHz spectrum for 5G, roll out fair share data network usage norm: COAI to government
COAI emphasizes the need for massive spectrum resources like Bharat 6G Alliance and Vision for 6G innovations and deployment.
Meta’s 450% surge offers potential for next tech stock split
An uptick in stock splits this year has analysts eyeing Meta Platforms Inc, the only stock in the Magnificent Seven that hasn't split shares. Trading at over $500, Meta is seen as ripe for a split, benefiting from AI exposure, buybacks, and a dividend introduction.
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
Top paid female CEOs in 2023 include Lisa Su, Mary Barra, Jane Fraser, Kathy Warden, and Carol Tome. Lisa Su of Advanced Micro Devices led with USD30.3 million. Female CEO median pay rose 21% to USD17.6 million, outperforming male counterparts.
Disney reports small loss but sees improvement in streaming
Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss. The entertainment giant cited Walt Disney World Resort, Hong Kong Disneyland and the company's cruise division as areas of strength in parks and experiences, but saw lower results at Disneyland Resorts.
Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
Netflix slumped as one of the bigger drags on the benchmark S&P index and Nasdaq after the video streaming company's second-quarter revenue view fell short of analysts' expectations while the company also unexpectedly said it would no longer provide subscriber counts.
Netflix slides 7% as move to end sharing user count sparks growth worries
Netflix added new customers in the first quarter, but its second-quarter revenue forecast missed market expectations of $9.54 billion late on Thursday. It also decided not to report subscriber additions and average revenue per member from the first quarter of 2025.
Netflix to stop reporting subscriber tally as streaming wars cool
Netflix halts quarterly subscriber reporting, signals growth slowdown. Stock falls on missed revenue forecast. Global total hits 269.6M. Ad-supported streaming attracts 9.3M. Focus on major milestones and competition from Walt Disney.
Bodhi Tree Multimedia stock soars on Netflix Deal, analysts predict Rs 450 price target in 1 year
Fueling the Fire: A Lucrative Partnership with Netflix BTML, a player in the film and entertainment industry, might already be familiar to viewers who have enjoyed their content on platforms like Netflix, Amazon, and Zee. However, the company's recent game-changer is a massive deal with Netflix.
What's in new India's consumption basket: Airpods, playstations, online streaming & more
The government's Household Consumption Expenditure Survey (HCES) collected data on items like Playstations, AirPods, and power banks. It also included information on the quantity, value, acquisition, repair, and maintenance of these items. The survey provided insights into changing entertainment patterns and tracked monthly expenditures on sanitisers.
Believe it or not! Single-day gain in Nvidia stock more than RIL's total market value
Chipmaker Nvidia is the world's fourth largest stock and Wall Street's third after Microsoft ($3 trillion) and Apple ($2.8 trillion). Saudi Aramco is worth about $2 trillion. Nvidia soared more than 16% overnight and added $277 billion to its m-cap in just one day. In dollar terms, Reliance Industries is just about $243 billion.
RIL turns bigger than McDonald's, Netflix as Mukesh Ambani fuelling India’s $1 trillion dream
Reliance Industries, owned by Mukesh Ambani, has become the largest wealth creator on Dalal Street with a market capitalization of Rs 20 lakh crore. It is bigger than American giants like McDonald's, PepsiCo, Netflix, and Accenture. RIL is also the only Indian company among the world's 50 most valuable companies and is also one of the top candidates to become India's first $1 trillion stock.
Paytm shares turn into bottomless pit as stock tanks another 5% to new low
Shares of One 97 Communications fell 5% after ED questioned Paytm Payments Bank officials over alleged FEMA violations. Paytm has lost 57% in value since RBI banned the payments bank. Macquarie sees stock slumping to Rs 275, says Suresh Ganapathy.
Netflix password sharing rules: Check new plan
Netflix has reinforced its stance on password sharing, indicating possible challenges for users. It has been frequently coming out with new rules and regulations worldwide, with the crackdown on password-sharing which arrived on May 23, 2023 in the US. One can share their Netflix password with anyone who is living in the same house as them.
Netflix soars 11% as earnings highlight dominance in 'streaming wars'
The streaming pioneer's shares were trading at a more than two-year high. The company was set to increase its market value by more than $20 billion, if the gains from early trading hold.
Netflix subscribers jump despite price hikes
Netflix added 13 million subscribers in the final three months of last year, the company said on Tuesday, despite price hikes at the leading streaming service. The company said earlier this month it has 23 million subscribers using the ad-supported tier, which accounts for 40 percent of new sign-ups.
Zee shares crash 33% to record worst fall in history amid sell screams
Zee Entertainment shares hit the lower circuit as brokerages downgrade the stock after the cancellation of the merger with Sony. CLSA downgraded Zee to sell and mentioned the reported merger of Reliance and Disney Star as a competition. Nuvama and Elara also downgraded the stock, reducing the target price. Motilal Oswal downgraded Zee to neutral. Zee's near-term valuation is expected to stay suppressed due to uncertainties around its new strategy, litigation with Sony, and competition from digital media.
Forget the top 5, these stocks were the biggest movers in the S&P 500 in 2023
The 50 most valuable companies in the benchmark, which now make up about 56% of its total weight, moved up or down on average nine places this year, tied for the most since at least 2013 and almost double in 2019. And that volatility comes even as the median valuation gap between each company in the top 50 has more than doubled to $7 billion since 2013.
Netflix shares surge on big subscriber additions despite Hollywood strikes
Netflix capitalised on its heft in global production, as well as the economic hardships of its media rivals, to garner 247 million subscribers in the third quarter, a gain of nearly 9 million over the last three months.
Netflix shares surge 14% on strong subscriber growth
Netflix shares rose to $396.20, putting them on course for the biggest one-day percentage gain in nearly three years, with the company on track to add more than $22 billion to its market capitalization.
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