Netflix (NFLX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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.
(Bloomberg) -- Netflix Inc. is working to bring its nascent video-game service to television sets for the first time, moving beyond smartphones and tablets in a sign of its growing ambitions.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUS Air Force Plans to End Lockheed Hypersonic Weapon ProgramScotiabank Economist Excoriates Trudeau, Freeland Over $32