|Day's range||284.38 - 284.70|
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.