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The Latest Breaking News from Michael Nathanson

How Netflix’s stumbles are causing rivals to rethink the streaming business

The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock.

Los Angeles Times

'Soap Opera Ends': Analysts React To Musk's Twitter Buyout

Controversial Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR) accepted Musk's hostile takeover bid to take Twitter private for $44 b

Benzinga

Netflix rout is worst since 2004, punishing Roku and Disney, too

Netflix Inc. investors punished the company for its shock loss in subscribers and abrupt turnabout to embrace advertising after years of shunning it.

Tribune News Service

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Netflix breaks its own rules after subscriber losses batter shares

Netflix Inc. is throwing out all of its old rules after losing customers for the first time in a decade, saying it will introduce an advertising-supported option and crack down on people sharing passwords.

Tribune News Service

Netflix craters after shock subscriber drop, ‘about-face’ on ads

Netflix Inc. investors punished the company for its shock loss in subscribers and abrupt turnabout to embrace advertising after years of shunning it.

Tribune News Service

Read Why MoffettNathanson Slashed Walt Disney Price Target By 6%

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co (NYSE:DIS) to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8%. Nathanson's FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is "a significant decrease" of over 60% from his…

Benzinga

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