- Fubo – Fubo Exceeded Guidance in Q3 2023 With $313 Million Total Revenue, up 43% Year-Over-Year, and Record 1.477 Million Paid Subscribers in North America; Raises Full Year 2023 Outlook FuboTV – Investor Relations
- FuboTV revenue soars, boosts 2023 guidance Yahoo Finance
- Fubo Hits High of 1.47M Paid Subscribers in North America Hollywood Reporter
- FuboTV’s stock soars again after big beats for paid subscribers, revenue MarketWatch
- FuboTV Inc (FUBO) Q3 2023 Earnings: Subscribers Grow by 20%, Revenue Up by 43% YoY Yahoo Finance
- View Full Coverage on Google News
Tag Archives: subscribers
Paramount’s Streaming Losses Narrow to $424M as Subscribers Inch Up to 61M – Hollywood Reporter
- Paramount’s Streaming Losses Narrow to $424M as Subscribers Inch Up to 61M Hollywood Reporter
- Paramount stock jumps amid improved Q2 streaming losses Yahoo Finance
- Paramount Says Strikes Will ‘Significantly’ Boost Free Cash Flow in Late 2023; CEO Promises to ‘Minimize Disruptions’ to Viewers Variety
- Paramount Global Sees Tough Q2 In Film (‘Transformers’ Vs ‘Top Gun’), Muted DTC Growth But Otherwise Bests Forecasts; Streaming Losses Narrow, Stock Pops Deadline
- Paramount Sales Beat Forecast After Growth in Online Division Bloomberg
- View Full Coverage on Google News
Netflix Advertising Tier Hits 5M Global Users Six Months After Launch; Company Tells Virtual Audience At Its First Upfront That One-Quarter Of New Subscribers Opt For Ad Plan – Deadline
- Netflix Advertising Tier Hits 5M Global Users Six Months After Launch; Company Tells Virtual Audience At Its First Upfront That One-Quarter Of New Subscribers Opt For Ad Plan Deadline
- Netflix Advertisers Clamor for Fledgling Ad Tier to Grow Faster The Wall Street Journal
- Netflix Is Seeking Top Rates for Advertising, but Madison Avenue Isn’t Too Impressed — Yet Variety
- Netflix touts nearly 5M monthly active users for ad-supported tier TechCrunch
- Netflix Advertising Tier Now Has “Nearly Five Million” Monthly Active Users Hollywood Reporter
- View Full Coverage on Google News
Twitter to Revoke ‘Legacy’ Verified Badges in April, Leaving Only Paying Subscribers With Blue Check-Marks – Variety
- Twitter to Revoke ‘Legacy’ Verified Badges in April, Leaving Only Paying Subscribers With Blue Check-Marks Variety
- Twitter Will Officially Revoke ‘Legacy’ Blue Checkmarks on April 1 IGN
- Twitter to Strip Legacy Verified Accounts of Blue Checks on April 1 – or Is Elon Musk Setting Up an Elaborate Joke? Yahoo Entertainment
- Twitter expands Blue globally, will pull checkmarks from accounts that are actually verified next week 9to5Google
- Twitter Blue subscribers will be able to hide their checkmarks to avoid shaming and mockery Boing Boing
- View Full Coverage on Google News
YouTube begins testing an enhanced ‘1080p Premium’ option for subscribers on mobile – XDA Developers
- YouTube begins testing an enhanced ‘1080p Premium’ option for subscribers on mobile XDA Developers
- YouTube says it isn’t messing with 1080p — “1080p Premium” is higher-bitrate The Verge
- YouTube Confirms Testing 1080p Premium Option For Subscribers – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ: Benzinga
- YouTube testing ‘1080p Premium’ tier with enhanced bitrate 9to5Google
- YouTube begins testing “1080p Premium” stream option on mobile app – GSMArena.com news GSMArena.com
- View Full Coverage on Google News
Dow Jones Futures: Netflix Jumps On Subscribers, Google Slashing 12,000 Jobs After Market Rally Breaks Key Levels
Dow Jones futures edged higher early Friday, while S&P 500 futures rose modestly and Nasdaq futures climbed solidly. Netflix (NFLX) jumped on strong subscriber growth, with energy giant SLB (SLB) on tap. Google parent Alphabet (GOOGL) will cut 12,000 jobs, as big tech layoffs continue.
X
The stock market rally retreated again Thursday for a second straight day, with the major indexes testing or undercutting further key levels. The Dow Jones turned negative for 2023.
Fresh economic reports pointed to weaker economic activity, with one big exception: Initial jobless claims matched their lowest level since last April. The overall picture points to rising recession risks, but tight labor markets keeping the Federal Reserve hawkish.
Leading stocks are retreating to various degrees. Investors should wait to see if this pullback is temporary or something more serious.
MELI stock, Medpace Holdings (MEDP), Axon Enterprise (AXON), Vertex Pharmaceuticals (VRTX) and Exxon Mobil (XOM) are names that are holding up relatively well, so far.
MEDP stock and Axon Enterprise are on IBD Leaderboard. MercadoLibre and XOM stock are on the IBD 50. VRTX and SLB stock are on the IBD Big Cap 20. GOOGL stock is on the IBD Long-Term Leaders list.
MercadoLibre (MELI) was Thursday’s IBD Stock Of The Day. VRTX stock was Wednesday’s.
Dow Jones Futures Today
Dow Jones futures rose slightly vs. fair value. S&P 500 futures rose 0.3%. Nasdaq 100 futures climbed 0.8%. NFLX stock and Google are providing a boost to Nasdaq futures.
The 10-year Treasury yield rose 3 basis points to 3.43%.
Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.
Netflix Subscriber Growth Strong
Netflix earnings fell well short of Q4 views, while 2% revenue growth was in line. But Netflix subscribers swelled by 7.66 million, far more than 4.57 million expected. The streaming giant launched a lower-priced, ad-supported subscription option on Nov. 3. Netflix no longer provides subscriber guidance.
Meanwhile, Co-founder Reed Hastings stepped down as co-CEO to become executive chairman. Ted Sarandos will remain co-CEO, joined by Greg Peters, currently chief operating officer.
NFLX stock jumped in premarket trade. Shares fell 3.2% to 315.78 in Thursday’s regular session.
The Netflix subscriber growth is a positive sign for many other streaming plays, including Walt Disney (DIS), Paramount Global (PARA), Warner Bros Discovery (WBD) and Roku (ROKU). But DIS stock, Roku and the others had slim gains in extended action.
Google Job Cuts
Google parent Alphabet will lay off 12,000 workers, or 6% of staff. That’s according to a company memo. That follows Microsoft plans to cut 10,000 positions, or 4.5% of staff, earlier this week, with Amazon.com (AMZN), Salesforce.com (CRM) and many other tech giants reducing staff.
Late Thursday, Google said it would defer 20% of bonus payments to at least March.
GOOGL stock climbed solidly in premarket trade.
Google stock rose 2.1% to 93.05 on Thursday, moving above the 50-day line for the first time since early December. The 50-day line has been a resistance area for the internet giant since late 2021. Still, GOOGL stock remains a long way from its 200-day line.
Eli Lilly Falls On FDA Alzheimer’s Rejection
The FDA rejected Eli Lilly’s accelerated approval submission of its Alzheimer’s treatment donanemab, seeking more data. Eli Lilly (LLY) fell modestly overnight. Biogen (BIIB), which recently released positive results on a similar Alzheimer’s drug, rose slightly before the opeb.
SLB Earnings Top
SLB earnings and revenue modestly topped quarterly views. SLB, formerly known as Schlumberger, said in the release that “we believe the macro backdrop and market fundamentals that underpin a strong multi-year upcycle for energy remain very compelling.” Oil&Gas-Field Services is rated No. 1 out of IBD’s 197 industry groups.
SLB stock climbed 2% early Thursday. Shares edged up 0.4% to 57.38 on Thursday, after coming down to the top of a recent base. But SLB iss slightly extended from a 53.97 handle buy point.
Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live
Stock Market Rally
The stock market rally extended Wednesday’s losses on Thursday morning, rebounding somewhat in the afternoon but fading again into the close.
The Dow Jones Industrial Average fell 0.8%. in Thursday’s stock market trading, along with the S&P 500 index. The Nasdaq composite sank nearly 1%. The small-cap Russell 2000 declined 1%.
Solar stocks were big losers amid growing concerns about the residential solar market.
U.S. crude oil prices rose 1.1% to $80.33 a barrel, continuing to trade right around the $80 level. Gasoline futures climbed 2.9% to a two-month closing high.
The 10-year Treasury yield edged up 3 basis points to 3.4%.
ETFs
Among growth ETFs, the Innovator IBD 50 ETF (FFTY) tumbled nearly 2%, while the Innovator IBD Breakout Opportunities ETF (BOUT) sank 1.2%. The iShares Expanded Tech-Software Sector ETF (IGV) gave up 0.8%. The VanEck Vectors Semiconductor ETF (SMH) shed 2.45%.
Reflecting more-speculative story stocks, ARK Innovation ETF (ARKK) skidded 3.2% and ARK Genomics ETF (ARKG) lost 3.3%.
SPDR S&P Metals & Mining ETF (XME) dipped 0.2%, along with U.S. Global Jets ETF (JETS). SPDR S&P Homebuilders ETF (XHB) sold off 3%. The Energy Select SPDR ETF (XLE) advanced 1.2%, with XOM stock the No. 1 holding and SLB also a major component. The Financial Select SPDR ETF (XLF) slid 1.2%. The Health Care Select Sector SPDR Fund (XLV) edged up 0.2%.
Five Best Chinese Stocks To Watch Now
Stocks To Watch
MELI stock edged up 0.4% to 1,072.74, pausing this week after a big run to start 2023. The Latin American e-commerce and payments giant is just below a 1,095.44 buy point, but really needs a handle to let the major averages catch up. MercadoLibre stock has held up very well but use some depth on any handle to shake out weak holders.
MEDP stock fell 1.5% to 228.84, near an official 235 buy point, according to MarketSmith analysis. Shares blasted above the 50-day line on Jan. 10, which offered an early entry. Now, Medpace stock could use a handle.
XOM stock tested its 50-day line but closed up 0.6% to 111.32. Shares are not far from a 114.76 buy point from a flat base.
VRTX stock edged down 0.6% to 307.94, still holding above its 50-day line. Shares popped above the 50-day line on Tuesday, offering an early entry at the time. Investors should wait to see if the biotech can move past Tuesday’s high of 312.35. The official flat-base buy point is 324.85.
AXON stock climbed 1% to 184.06, continuing to work on a handle on a cup base that would slightly lower the buy point from the current 193.95. Axon, which makes Tasers, body cameras and digital storage for law enforcement, cleared an early entry Jan. 9 as it moved above the 50-day line.
Market Rally Analysis
After Wednesday’s sharp downside reversal, the stock market rally showed further weakness. While the major indexes rebounded from their late morning lows, they faded into the close.
The S&P 500 index, after falling back below its 200-day line in the prior session, broke below its 50-day on Thursday. The Nasdaq also undercut its 50-day line, but bounced from its 21-day line. The Russell 2000, which nearly hit its late 2022 highs Wednesday morning, tested its 200-day on Thursday, but closed above that line.
The Dow Jones had its third straight significant decline, testing the low of the Jan. 6 follow-through day. Closing below the low of the FTD would be a bearish sign for a market rally, though the S&P 500 and Nasdaq are well above their Jan. 6 lows for now.
The indexes closing off lows offers hope that the current pullback is just a healthy pause, letting leading stocks forge handles and other new buying opportunities. But this could be more serious. Breaking below Thursday’s lows would be worrisome.
Some leading stocks, such as Axon, MercadoLibre and MEDP stock are holding up quite well. But others are suffering bigger losses. Deere (DE), which flashed an early entry Tuesday morning, undercut the low of its flat base on Thursday.
Time The Market With IBD’s ETF Market Strategy
What To Do Now
With the market rally retreating, many leading stocks are paring recent gains or even skidding below entries.
Investors should hold off on new buys for now. If anything, they want to cut modest exposure, if only because of the action in individual holdings.
Despite some recent losses, a large number of stocks have been setting up. One or two good days could significantly improve the market rally’s technical picture and offer many new buying opportunities. So have your watchlists ready.
But just because a stock is setting up doesn’t mean it will break out or flash a buy signal, or that any such move will work.
Earnings season looks like it’s going to hit the market with individual stocks and the overall uptrend at a tenuous time. Tread carefully.
Read The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.
Please follow Ed Carson on Twitter at @IBD_ECarson for stock market updates and more.
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Xbox Live Gold Subscribers Call Out New Free Offer
Xbox Live Gold and Xbox Game Pass Ultimate subscribers have gone through a bit of a rough patch recently considering how this month’s free Games with Gold were received compared to the PlayStation Plus titles and how Xbox Game Pass games were added in recent weeks. Following those events which were largely perceived as setbacks or downgrades by subscribers, the Free Play Days games – or game, in this case – also made for an odd turn of events that hasn’t gone unnoticed by Xbox Live Gold users.
The Free Play Days games are announced every Thursday, and this time, Xbox Live Gold and Xbox Game Pass Ultimate subscribers can play I Am Fish for free throughout the weekend. To be clear, this isn’t a knock on I Am Fish – it comes from Bossa Studios, the same developer that made Surgeon Simulator and I Am Bread, it’s got positive reviews, and it’s an entertaining simulator. The problem people seem to have with this game being free-to-play for the weekend is the fact that it’s the only game that’s included in this round of Free Play Days.
If you take a look at the archives for the Free Play Days games, you’ll see a history of what’s been made temporarily free-to-play over the past couple of weeks. Those games include things like Dragon Ball Xenoverse 2, NBA 2K23, Rainbow Six Siege, and Dead by Daylight just to give an idea of the spread of games, but the one thing they’ve all got in common is that there are multiple games made free-to-try each week. Most of the time it’s three games being offered at once, and sometimes it’s two or even four, but it hasn’t been since the week of September 29th that only one game – WRC 10 FIA World Rally Championship – was the sole game in the Free Play Days lineup.
Free Play Days: Xbox Live Gold and Xbox Game Pass Ultimate members can play I Am Fish this weekend! Details here: https://t.co/5fmelRazL9
— Xbox Wire (@XboxWire) January 12, 2023
By itself, this wouldn’t be a big deal at all, but the situation’s been compounded now by people who were already asking what was going on with Xbox given the recent Xbox Game Pass and Xbox Games with Gold situations. It also didn’t go unnoticed by Xbox fans that a Bossa Studios developer was the one who suggested late last year that the Xbox Series S was holding back the development of games. Again, that part wouldn’t really matter under normal circumstances, but when I Am Fish is the only game that’s free-to-try this week, it’s the game that gets singled out.
A new round of Free Play Days games will be offered next week, too, so we’ll see then how many are offered and what those games will be.
Kaleidoscope: Netflix subscribers face dilemma watching ‘exciting and confusing’ heist series
Netflix subscribers are facing a dilemma when watching the new release, Kaleidoscope.
Kaleidoscope arrives on Netflix on Sunday (1 January) with its unusual premise prompting raised eyebrows and questions from many viewers.
The crime drama – created by Matchstick Men author Eric Garcia – takes place over 25 years. It follows a group of masterful thieves, led by Breaking Bad star Giancarlo Esposito, who work together to pull off an elaborate heist.
What has intrigued viewers, however, is the fact that the series has been designed so that viewers can watch seven of the available eight episodes in any order.
This means that every episode, named after different colours, except the finale – titled “White” – can be watched in any sequence and the narrative will still make sense.
Netflix users have been assigned Kaleidoscope episodes in different sequences, except for the first and last episode.
Netflix states that the “order in which [viewers] watch the episodes will affect their viewpoint on the story, the characters, and the questions and answers at the heart of the heist”.
People can, however, choose to watch the instalments in any order to create a unique viewing experience.
(DAVID SCOTT HOLLOWAY/NETFLIX)
Given the fact that there are 5,040 possible combinations to experience Kaleidoscope – and those who choose to throw the finale into the mix face a mind-boggling 40,320 ways – viewers are stumped on what the best possible order is.
“What is the best order to watch Kaleidoscope?” questioned one viewer on Twitter.
Another added: “Best colour to start Kaleidoscope from?”
“Ok so which order are you watching Kaleidoscope?” wrote a third person.
Some viewers have advised others on what sequence offers the best experience, with one person writing: “Watch as follows: Red – Yellow – Orange – Green – Violet – Blue – White – Pink.”
Another proposed a different order, suggesting: “Red, violet, orange, green, yellow, blue, pink, white.”
Alongside Esposito, the sprawling cast includes Paz Vega, Rufus Sewell, Tati Gabrielle, Rosaline Elbay, Jordan Mendoza, Jai Courtney, Niousha Noor, Soojeong Son.
Kaleidoscope is now available to watch on Netflix.
Sonic Frontiers Offering Free Sonic Adventure 2 DLC To Newsletter Subscribers
Update [Tue 8th Nov, 2022 04:00 GMT]: Codes for the Sonic Adventure 2 shoes should be getting emailed out soon – so be sure to check your inbox. This offer is available until 31st January 2023.
Here’s the full reminder from Sega of America’s social media manager Katie Chrzanowski:
Original article [Tue 4th Oct, 2022 01:30 BST]: Sega’s new “open-zone” adventure Sonic Frontiers arrives on the Nintendo Switch and multiple other platforms next month.
In the lead-up to release, it’s been discovered players can score some free DLC if they sign up for the Sonic Frontiers newsletter on Sega’s official website. The item on offer is a pair of iconic shoes from Sonic Adventure 2.
Information on how to redeem this DLC will be revealed at a later date. This offer is available to selected regions for a limited time only – so sign up while you can.
Apart from this, when you subscribe to the newsletter you’ll need to provide your name, date of birth and country. You’ll then have to pick a platform of choice to receive the DLC on (Switch, PS5, PS4, Xbox Series X|S, Xbox One, Steam or Epic).
Sonic Frontiers speeds onto Nintendo Switch on 8th November. What do you think of this free DLC offer? Comment below.
Nintendo Switch Online Subscribers Get Free N64 Surprise
Nintendo Switch Online subscribers on Switch, Switch Lite, and Switch OLED — or, more specifically, Nintendo Switch Online subscribers with the Expansion Pack — just got a free N64 surprise. In addition to adding the first two Mario Party games on N64 to the Switch Online Expansion Pack library, Nintendo has dished out free N64 icons, the first of their kind.
The icons come as part of a new promotion where each month Nintendo will add new N64 icons for Switch Online for Expansion Pack owners to claim. For the month of November, there are Super Mario 64, The Legend of Zelda: Majora’s Mask, and Kirby 64 icons. In December, there will be icons for F-Zero X, Yoshi’s Story, and The Legend of Zelda: Ocarina of Time. The promotion will then finish in January, when Mario Kart 64, Paper Mario, and Star Fox 64 will feature.
Below, you can check out an official promotional image for this month’s icons, courtesy of Nintendo PR:
As noted, these icons are locked behind the Expansion Pack tier of the subscription service, which has been the case for all of the free icons Nintendo has released for Switch users this year. In addition to free icons, the Expansion Pack tier allows you access to retro games beyond just the SNES and NES. For example, it nets you N64 games. And it’s N64 that has been the focus of the subscription service lately, hence why there are now N64 icons.
For more Nintendo coverage — including all of the latest Switch news, Switch rumors, Switch leaks, and speculation involving the Nintendo Switch — click here or, alternatively, peruse the relevant links listed below:
As always, feel free to leave a comment or two letting us know what you think. Will you be redeeming any of these N64 icons and rocking them going forward? If so, which ones?