Netflix, Inc. Add to portfolio

NEW YORK — Stocks that moved heavily or traded substantially Wednesday:. The streaming service’s subscriber growth slowed dramatically during the summer months and its forecast disappointed investors. The provider of garbage-disposal and recycling services is publicly offering just just under 2.4 million shares of stock. The auto retailer’s third-quarter profits blew past Wall Street forecasts on sales of new and used vehicles.

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The streaming service's subscriber growth slowed dramatically during the summer months and its forecast disappointed investors. The company behind Snapchat beat Wall Street's third-quarter earnings forecast and reported solid user growth. The provider of garbage-disposal and recycling services is publicly offering just just under 2.4 million shares of stock. The maker of office products beat Wall Street's third-quarter financial forecasts and raised its dividend.

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Netflix (NASDAQ:NFLX) stock fell 5.4% after the streaming giant reported fewer paid subscribers than expected in the third quarter, as streaming competition increased and live sports returned to television. Snap (NYSE:SNAP) stock soared 21% after the owner of the Snapchat messaging app beat user growth and revenue forecasts, thanks to more people signing up to chat with friends and family during the coronavirus pandemic. Amazon (NASDAQ:AMZN) stock fell 0.3% after the world's largest online retailer told employees whose work can be done from home that they can do so until June, extending the timeline on a return to office due to the COVID-19 pandemic. Texas Instruments (NASDAQ:TXN) stock fell 0.1% despite the chipmaker reported its first quarterly revenue growth in nearly two years on Tuesday, helped by people buying electronic gadgets for remote work and entertainment during the pandemic.

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FILE - This Aug. 13, 2020 photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix Inc. (NFLX) on Tuesday, Oct. 20, 2020 reported third-quarter net income of $790 million. Netflix’s subscriber growth slowed dramatically during the summer months after surging in the spring fueled by pandemic lockdowns that corralled millions of people in their homes. Earlier, company had forecast an addition of 2.5 million subscribers during the quarter. Even so, Netflix is still ahead for the year. Wall Street generally still sees big things ahead for Netflix, which is based in Los Gatos, California, with its video streaming service poised to surpass 200 million subscribers soon. Even with the summer slowdown, Netflix’s popularity has spurred speculation whether the company may soon raise its U.S. monthly subscription prices by another dollar or two in the U.S., as it recently did in Canada earlier this month.

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Netflix misses on EPS, subscriber growth estimates. {{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. Netflix shares fell after-hours on Tuesday following the release of its third-quarter results. Subscriber growth slowed for the quarter (adding just 2.2 million new members versus the 2.5 million the company had expected over the summer), although it told investors that "as the world hopefully recovers in 2021, [it] would expect that our growth will revert back to levels similar to pre-COVID." Ines Ferre breaks down Netflix's Q3 results on The Final Round.

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Netflix falls short on new subscribers as pandemic boost fizzles. (Reuters) - Netflix Inc <NFLX.O> on Tuesday posted its weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television. The company reported a blockbuster quarter at the start of the worldwide coronavirus pandemic, adding 15.8 million paying customers from January through March. Netflix acknowledged that competition was increasing as studios across Hollywood from Walt Disney Co <DIS.N> to AT&T Inc's <T.N> WarnerMedia have restructured to compete more directly for video subscribers.

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Netflix set to report earnings on Tuesday after the bell. {{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. Yahoo Finance's Akiko Fujita and Dan Howley discuss Netflix ahead of its quarterly earnings report.

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Telecom Convergence Market 2020 Share Insights, Key Factors, Industry Size by Players – Vodafone Group Plc, Nippon Telegraph & Telephone Corp., Verizon Communications Inc., Softbank Group Corp, China Mobile Ltd., Verizon, AT?T, Comcast, Netflix, Cisco Systems. This report also elaborates Telecom Convergence market size, consumer volume, share, demand and supply status. It contains a variety of analytical and statistical Telecom Convergence data enabling the reader to have a complete overview and an in and out knowledge that can be applied in the procedure of decision-making regarding the crucial business areas. To understand the global Telecom Convergence market analysis it additionally provides accurate statistical data, pie charts and bar graphs.

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(Reuters) - Netflix <NFLX.O>, the world's largest streaming service, said on Tuesday it has stopped offering free trials in the United States. "We're looking at different marketing promotions in the U.S. to attract new members and give them a great Netflix experience", a Netflix spokesperson said, confirming media reports. The company has pulled down the free-trial option from its website for the United States. The Verge news website had reported that the streaming service started phasing out the option for U.S.-based subscribers this month, after spending the last couple of years phasing out the option in a number of countries around the world.

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