Everyone has access to a Netflix (NFLX) account. Whether you're piggybacking off your parents (who wouldn't?), grandpa (guilty), or even, perhaps (sadly), your ex-girlfriend, every human has unfettered access to an account. There's no denying it: everyone loves Netflix. Don't believe us? Just reference Google's (GOOGL) traffic results and you'll realize that, during peak Internet times, Netflix accounts for 37% of bandwidth usage.
Read More
Netflix Is On Fire
Wall Street's favorite momentum stock, Netflix (NFLX), has been on an unprecedented upward tear. The company’s share price recently broke its all-time high, peaking at $704 as of yesterday's close. Over the past week, shares of Netflix settled around $675, having more than doubled since its 52-week low of $315.54; Netflix is also well above its 50-day moving average of $617.96.
Read More
HBO Poised To Dominate Netflix
Earlier this week, Time Warner, Inc. (TWX) CEO Jeff Bewkes said that HBO is “seriously considering” offering its popular HBO GO service to those without cable (CMCSA) or satellite (DISH) subscriptions. This move reflects HBO's new attempt to become more competitive with Netflix (NFLX), currently the most popular online streaming service.
Read More