|Day Low/High||39.06 / 39.51|
|52 Wk Low/High||26.80 / 39.58|
Disney+ and other players could disrupt around 10% of Netflix's subscriber base, according to one analyst.
Concern about competition and the changing content business model in the industry drove the rating moves by analyst Sunil Rajgopal.
With so many streaming services available, here's a rundown of the most popular ones and how much they cost.
Disney is targeting between 60 and 90 million global subscribers by 2024, and the distribution deals it struck with Amazon, Roku, Verizon and others, as well as its own platforms -- are a critical part of the plan.
Here's the streaming playing field. The bad news? It gets complex. The good news? Investors don't necessarily need to pick just one potential winner.
We added to one position on weakness as stocks powered higher again this week.
DIS is one of the best in creating worlds. That separates it from other media companies.
Buy Disney on weakness to its quarterly pivot at $134.91 and book profits on strength to its all-time intraday high of $147.15 set on July 29. The weekly chart is positive which favored a positive reaction to earnings.
Disney shares traded sharply higher Friday after the media giant managed to beat Wall Street forecasts for its fourth quarter profits while continuing to ramp up investments ahead of its much-anticipated Disney+ streaming service launch.
Disney posted stronger-than-expected fourth quarter earnings Thursday as studio revenues surged past estimates, thanks in part to Toy Story 4 and The Lion King, ahead of next week's Disney+ streaming entertainment service launch.
AT&T Inc.* ( NYSE: T) will webcast a presentation by Igal Elbaz, senior vice president-wireless technology, at the Morgan Stanley European Technology, Media & Telecom Conference in Barcelona on Wednesday, November 13.
With the entry of cheaper streaming options like Disney+, Netflix's $13 standard plan looks pricey by comparison and could have some consumers thinking twice aboutt what they're getting for their dollars.
The GAAP loss widens but the communications-solutions provider's adjusted earnings beat Wall Street estimates.
AT&T (NYSE:T) is expanding its relationship with RingCentral, Inc. (NYSE:RNG) making AT&T Office@Hand a lead offer for UCaaS solutions as part of its broad Voice and Collaboration portfolio.
All four major stock market indices marched higher this week as we closed the books on October.
Comcast's Peacock, supported by ads, may be free for all viewers, people familiar with the matter told CNBC.
AT&T Inc.* ( NYSE: T) today announced that Stephen Luczo has been elected to the company's Board of Directors, effective immediately.
Thanks to a one-year free trial for customers who buy a new Apple device, Apple's TV+ could quickly rack up 100 million or more subscribers. After that it could get a lot more challenging.
Jim Cramer says not having enough time, and having too much government regulation, have more impact on the future revenue streams of companies than does the Federal Reserve.
Jim Cramer weighs in on Marvell Technology, Cedar Fair, Square, MGM Resorts, Idexx Laboratories, and more.
We're looking forward to the expected turnaround work of Charlie Scharf at Wells Fargo and AT&T's transformation into a multimedia and connectivity powerhouse.
U.S. stock futures are mixed as Wall Street awaits an expected rate cut - the third this year - from the Federal Reserve on Wednesday and earnings from Apple; Facebook, General Electric, Starbucks and Twilio also report earnings Wednesday; Fiat Chrysler and Peugeot owner PSA confirm they are in merger talks.
WarnerMedia today unveiled significant new details about its HBO Max direct-to-consumer strategy on the company's iconic Warner Bros.
HBO Max will generate at least 75 million global subscribers and $5 billion in incremental revenue by 2025, executives said on Tuesday.
On a shareholder call, AT&T CEO Randall Stephenson said that HBO Max will have a 'very unique' position in the marketplace.
Jim Cramer says it's demand that's driving this market to new highs, not the Fed, not trade talks and certainly not the election.
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