Advertisement
Australia markets closed

  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     

  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     

  • AUD/USD

    0.6536
    +0.0013 (+0.20%)
     

  • OIL

    83.97
    +0.40 (+0.48%)
     

  • GOLD

    2,351.90
    +9.40 (+0.40%)
     

  • Bitcoin AUD

    97,888.43
    -866.42 (-0.88%)
     

  • CMC Crypto 200

    1,332.03
    -64.50 (-4.62%)
     

  • AUD/EUR

    0.6106
    +0.0033 (+0.54%)
     

  • AUD/NZD

    1.0992
    +0.0034 (+0.31%)
     

  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     

  • NASDAQ

    17,721.41
    +290.91 (+1.67%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • Dow Jones

    38,276.51
    +190.71 (+0.50%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

What Netflix Just Revealed Means Its Stock Could Soar

Jennifer Saibil, The Motley Fool
·4-min read
What Netflix Just Revealed Means Its Stock Could Soar

Investors weren't put off by Netflix's (NASDAQ: NFLX) mixed earnings report last week, and Netflix stock ended the week at a year-to-date gain of 23%. Investors might be seeing more potential in the company's ability to evolve, and we've already seen Netflix demonstrate this when it went from being a DVD-rental website to a streaming company to a content creator. Squid Game is Netflix's most-watched show ever, bringing in 4.4 million net new paid subscriptions in the third quarter, double the number last year, when streaming exploded due to lockdown orders.

Continue reading