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The latest sign Costco is having a 'Netflix moment'
Business Insider· 2024-10-26 17:02
Costco's membership crackdown may bring in a Netflix-style revenue lift. Morgan Stanley analysts say they've seen "surprising conversion rates" of shoppers paying the fee. Costco could grow US signups by about 8%, or about 4 million people, analysts estimated. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite to ...
Netflix: Not A Good Play At Current Prices
Seeking Alpha· 2024-10-25 16:48
When it comes to streaming, there is no denying that Netflix (NASDAQ: NFLX ) is the largest pure-play firm out there. For quite a while now, the company has been on a growth spurt. A couple of years ago, there were concerns aboutCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow ...
Netflix: Promising Growth Story With Solid Financial Performance, But Overbought Right Now
Seeking Alpha· 2024-10-25 07:23
Netflix, Inc. (NASDAQ: NFLX ) has released another strong report confirming the growth re-acceleration. The subscriber's amount has grown, prices are on a gradual rise track, and the advertising platform will be launched globally in 2025. These are three key drivers of futureI am a qualified economist specializing in economic theory and I have been investing and trading since 2005. Since 2018, I have been investing in US equities. Until 2022, I was part of TopStepTrader, having passed the combine for a fund ...
Menendez brothers set to be resentenced for murder of parents after case featured by Netflix
Sky News· 2024-10-25 05:16
Two brothers who were convicted of killing their parents and featured in Netflix shows could be freed early after 34 years behind bars. Lyle Menendez, 56, and his 53-year-old brother Erik are serving life in prison without parole for the shotgun murders of their father and mother - Jose and Kitty Menendez - in 1989. They were jailed after a trial in 1996 when Lyle was 21 and Erik was 18.Los Angeles County District Attorney George Gascon said: "Under the law, resentencing is appropriate. I'm going to recomme ...
Costco may have found its ‘Netflix moment' with this membership-boosting move
New York Post· 2024-10-25 03:15
文章核心观点 - 科斯托(Costco)在美国门店前端引入会员卡扫描器,已经为公司带来了可观的收益 [1][2][3] - 分析师预计,通过转化之前未付费的客户,科斯科可能会获得额外400万名会员 [2] - 会员卡扫描器可以帮助科斯科提高门店运营效率,包括实时监控客流、优化收银台运营等 [2][3] 根据相关目录分别进行总结 会员数量增长 - 科斯科门店在实施会员卡扫描器后,会员数量出现低个位数的两位数增长 [1] - 分析师预计,科斯科可能会通过转化之前未付费的客户获得额外400万名会员 [2] 运营效率提升 - 会员卡扫描器可以实时监控客流情况,帮助科斯科调整收银台的开闭 [3] - 扫描器可以更好地监控新鲜食品的销售情况 [3] - 扫描器将会员资格验证从收银台移到门口,提高了收银效率 [3] - 会员可以在到达收银台前就获知会员到期情况 [3]
Costco's 'Netflix moment' big win
Fox Business· 2024-10-24 20:01
Costco's introduction of membership card scanners at the front of U.S. stores is still rolling out, but the move is already paying off big for the wholesale club. Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer's "Netflix moment." Ticker Security Last Change Change % COST COSTCO WH ...
Netflix Projects Whopping $43 Billion (or More) in Revenue for 2025. Is the Stock a No-Brainer Buy Now?
The Motley Fool· 2024-10-24 19:10
Shares of the streaming pioneer have surged 57% this year.Netflix (NFLX -1.96%) just gave the market some good news, as it beat Wall Street estimates on the top and bottom lines with its latest financial update for the three-month period that ended Sept. 30. Shares have jumped 11% since the announcement, as of the time of this writing.This top streaming stock has been a major market winner historically, soaring a whopping 1,390% in the past decade. And its business is humming along nicely. Is Netflix a no-b ...
S&P 500 Bull Market: 1 Growth Stock to Buy in October and Hold for the Long Run
The Motley Fool· 2024-10-24 17:30
Netflix continues to extend its lead as the world's largest streaming platform.The S&P 500 is up 22% this year, which is more than twice its average annual return since it was established in 1957. The index continues to set new record highs, cementing the bull market that began in October 2022.The technology sector is leading the broader market higher, and it isn't just artificial intelligence stocks. Shares of streaming giant Netflix (NFLX -1.96%) are up a whopping 54% year to date, thanks to a string of b ...
Netflix Expects Double-Digit Revenue Growth in 2025, According to Its CEO. Time to Buy the Stock?
The Motley Fool· 2024-10-24 16:30
Investors might be surprised by the company's catalyst for growth hiding in plain sight.On Oct. 17, streaming video giant Netflix (NFLX -1.96%) reported financial results for its fiscal third quarter (ended Sept. 30) of 2024. The very next day, on Oct. 18, the stock hit an all-time high above $750 per share and recently topped $765. Shares have been on a stunning run ever since dipping below $200 in 2022.Netflix stock was in free-fall mode in 2022 after reporting its first drop in revenue in its 20 years as ...
Netflix Closes Its All-Star AAA Video Game Studio, Which Made Zero Games
Forbes· 2024-10-23 21:36
Stranger ThingsNetflixNetflix seems to want to continue to make inroads into gaming, offering dozens of decently good mobile-focused titles on its service. But it wanted more, which is why it formed an internal studio (codename Blue) that was meant to make a AAA multiplatform game based on an original IP.Now, as reported by GameFile’s Stephen Totilo, that has been shut down despite its big plans and all-star list of recruited talent. Among those that were hired: Overwatch Executive Producer Chacko Sonny Hal ...