New insights reveal that searches for “cancel Netflix" spiked 100 percent worldwide following reports that the streaming service is raising its prices again.
Jim Cramer coined the term “FANG” stocks, which included Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG). A few years alter, Apple (AAPL) was added and turned “FANG” into “FAANG.” A decade later,
Netflix writes that the price hikes are so that it can continue to invest further in programming and deliver more value for its subscribers. The latter is a number that continues to grow, with Netflix adding 18.9 million new subscribers in quarter four of 2024, for a total of 302 million paid subscribers globally.
Netflix's overall revenue grew 16% to $10.2 billion last year thanks to subscriber and ad revenue growth, with operating margins up 27%.
Most of the time, Netflix releases new shows and movies at 12am PT/3am ET. For other time zones, check out the list below: There are only two big exceptions to Netflix’s release time rule: live events and anime shows.
Key takeaways from Netflix's fourth-quarter earnings as stock surges. Space stocks soar on upbeat sentiment, Trump sets sights on Mars. Google to invest another $1B in Anthropic.
The Academy Awards ceremony will take place Sunday, March 2, broadcast on ABC and Hulu beginning at 4 p.m. PDT.
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U.S. stock futures are mixed after indexes pushed higher yesterday on tech optimism; Netflix (NFLX) shares are in focus after leading S&P 500 risers yesterday; the U.K. opens an antitrust investigation into the mobile ecosystems of Apple (AAPL) and Alphabet's (GOOGL) Google;
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