Previous close | 150.88 |
Open | 151.78 |
Bid | 158.75 |
Ask | 160.95 |
Strike | 135.00 |
Expiry date | 2023-06-16 |
Day's range | 150.88 - 151.82 |
Contract range | N/A |
Volume | |
Open interest | 17 |
People talk about the proliferation of streaming services like Disney+ and HBO Max competing with Netflix (NASDAQ: NFLX), but the real threat is from a completely different business. Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube generates more revenue than Netflix and benefits from users generating content for the platform.
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Demand for streaming services might be falling in the near term, but the segment has excellent long-term prospects.