Global  

Netflix Predicted To Go Up 32%

Video Credit: Wochit News - Duration: 00:46s - Published
Netflix Predicted To Go Up 32%

Netflix Predicted To Go Up 32%

Netflix is on the verge of reporting a blockbuster second quarter earnings report, according to Goldman Sachs.

Business Insider reports that Goldman Sachs is basing their judgement on strong app download trends On Friday, Goldman raised its Netflix price target to $670, representing upside potential of 32% from Thursday's close.

The firm said COVID-19 continues to accelerate the trend towards video streaming services.

Goldman Sachs said Netflix is a prime beneficiary of that trend.

0
shares
ShareTweetSavePostSend
 

💡 One News Page Knowledge: Other News Mentions

Netflix Netflix American information services and production company providing internet video streaming and DVD-by-mail service with original and licensed content

Dwayne 'The Rock' Johnson Gives Update On Netflix Film [Video]

Dwayne 'The Rock' Johnson Gives Update On Netflix Film

Dwayne "The Rock" Johnson gave an update on his Netflix film "Red Notice." CNN reports that his production company will resume shooting the film in a "quarantined bubble" next month. Johnson's team, Seven Bucks Production, and Netflix are working together to provide a "quarantined bubble" for the filmmakers and crew. Johnson made the announcement on Saturday in a message and video posted on his Instagram account.

Credit: Wochit News    Duration: 00:28Published

New on Netflix, Amazon, Disney+, Hulu and More

Shows and movies you'll want to stream soon.
CBS News

Best movies on Netflix right now

Looking for something fresh to watch? These are the top films available on the streaming platform.
CBS News
David Beckham reportedly planning The Last Dance-style documentary series [Video]

David Beckham reportedly planning The Last Dance-style documentary series

David Beckham is reportedly planning a career-spanning TV documentary modelled on Netflix's Michael Jordan series The Last Dance.

Credit: Cover Video STUDIO    Duration: 00:47Published
Movies to watch in August [Video]

Movies to watch in August

Christopher Nolan's latest thriller Tenet, Netflix superhero flick ProjectPower and coming-of-age comedy drama Work It are among the films beingreleased this month.

Credit: PA - Press Association STUDIO    Duration: 01:50Published

Goldman Sachs Goldman Sachs U.S. multinational investment bank

Goldman Sachs expects FDA-approved COVID-19 vaccine this year

Noting pace of research, investment bank says millions of Americans could get vaccinated by July of 2021.
CBS News

Goldman’s 1MDB Fiasco Nears End With $3.9 Billion Malaysia Pact

(Bloomberg) — Goldman Sachs Group Inc. has reached a $3.9 billion pact with Malaysia, marking a big step in the Wall Street giant’s efforts to resolve its..
WorldNews
Goldman Sachs CEO Warns More Job Losses [Video]

Goldman Sachs CEO Warns More Job Losses

Reuters / Shannon Stapleton David Solomon, CEO of Goldman Sachs, says the US economy still has jobs to shed. The comments come after May unemployment figures showed a slight uptick in employment after mass layoffs due to the coronavirus. "All businesses are learning and seeing ways where there are efficiencies," he said, speaking of companies broadly and not just banks.

Credit: Wochit News    Duration: 00:33Published
Stocks mostly fall on COVID-19 concerns [Video]

Stocks mostly fall on COVID-19 concerns

The S&P 500 ended lower Friday after a choppy session as investors weighed spiking cases of COVID-19 and Apple's announcement of fresh store closures against anticipated stimulus and continued economic recovery. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:19Published

Business Insider Business Insider Financial and business news website published by Insider Inc.

Ubisoft reportedly fires one of its most influential execs following allegations of sexual harassment

Illustration by Alex Castro / The Verge

One of Ubisoft’s most influential executives has been fired after an investigation into allegations of..

The Verge
Buffett's Apple Stake Triples In Value [Video]

Buffett's Apple Stake Triples In Value

Warren Buffett's investment in Apple has tripled in value to north of $100 billion. Buffett's Berkshire Hathaway spent about $35 billion to build the 5.7% stake in Apple The 10% rise in Apple's stock price on Friday boosted its value to about $104 billion. Business Insider reports that Berkshire's Apple position is now worth more than four times its second-largest holding, Bank of America. Industry analysts call Buffett's investment into Apple "one of the best investments ever."

Credit: Wochit News    Duration: 00:28Published

Ubisoft Executive Tommy Francois Exits After Sexual Misconduct Accusations

Ubisoft vice president of editorial and creative services Tommy Francois left the company August 3 after numerous accusations by multiple female employees of..
WorldNews
Apple Hits Record High [Video]

Apple Hits Record High

Shares of Apple have surged as much as 5% to an intraday high of $446.55 per share on Monday. That continues a post-earnings rally for the tech company. The surge pushed Apple's market capitalization to $1.92 trillion. If Apple gains another 5%, it will become the first company to hit a $2 trillion market value. Business Insider reports that Apple has had quite the year, gaining more than 48% even amid the coronavirus crisis.

Credit: Wochit News    Duration: 00:29Published
Apple Tries Negotiating Rent In UK [Video]

Apple Tries Negotiating Rent In UK

Business Insider reports that Apple is trying to negotiate cheap rent for some of its retail locations in the UK. In some of its 38 stores across the UK, Apple is asking for a 50% rent reduction. It also wants a temporary rent-free period. Apple generated $58.3 billion in revenue in the second quarter of this year. Per the Times, Apple posted UK sales of $1.8 billion for 2019, and $8 million in taxes to the UK.

Credit: Wochit News    Duration: 00:28Published

Coronavirus disease 2019 Coronavirus disease 2019 Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2

Tripura CM Biplab Deb goes into self isolation after two family members test positive for COVID-19

Deb said that he had already undergone the COVID-19 test, and the results are yet to come.
DNA
UK Getting 90-Minute COVID Tests [Video]

UK Getting 90-Minute COVID Tests

The British government has procured "millions" of two separate coronavirus tests. These tests can detect not only coronavirus but other viruses common in autumn, winter, and spring. Millions of new rapid coronavirus tests will provide on-the-spot results in under 90 minutes. This will help break chains of transmission quickly, according to reports at CNN. The department has said that the tests "will hugely increase testing capacity ahead of winter.

Credit: Wochit News    Duration: 00:36Published
Georgia's Biggest School District Has Hundreds Of Active COVID Cases [Video]

Georgia's Biggest School District Has Hundreds Of Active COVID Cases

Gwinnett County Public Schools is the largest school district in Georgia, reports HuffPost. Some 260 of their employees have either tested positive or been exposed to COVID-19. Those people will be quarantined ahead of the start of the fall semester next week. The district intends to offer all-digital classes with both prerecorded and live components. However, staff members were still required to come to work and began preplanning activities in-person.

Credit: Wochit News    Duration: 00:36Published

You Might Like

Related news from verified sources

6 of the most expensive movies Netflix has ever made

6 of the most expensive movies Netflix has ever made · Netflix's "The Gray Man," from "Avengers: Endgame" directors Joe and Anthony Russo, will cost...
Business Insider - Published

The top 9 movies on Netflix this week, from 'Desperados' to 'Patriots Day'

The top 9 movies on Netflix this week, from 'Desperados' to 'Patriots Day' · This week's list of the top movies on Netflix is lacking Netflix originals. · Netflix introduced...
Business Insider - Published

‘Sweet Magnolias’ Renewed for Season 2 at Netflix

‘Sweet Magnolias’ Renewed for Season 2 at Netflix Netflix has picked up a second season of “Sweet Magnolias,” the streamer announced on...
The Wrap - Published Also reported by •Independent



Tweets about this


Related videos from verified sources

Glitch Techs Season 2 [Video]

Glitch Techs Season 2

Glitch Techs Season 2 Trailer - Netflix - Action, mystery, and a brand new recruit--that's just a little bit of what is going on at Hinobi HQ! Glitch Techs Season 2 comes to Netflix August 17.

Credit: Teaser Trailer     Duration: 01:48Published
Joey Sasso is helping 'Love Is Blind's' Diamond Jack find love in new show [Video]

Joey Sasso is helping 'Love Is Blind's' Diamond Jack find love in new show

Joey Sasso, the New York native who won the first season of "The Circle" on Netflix, is now helping another Netflix reality star find love. On the hit show "Love Is Blind," Diamond Jack famously got..

Credit: Page Six     Duration: 04:26Published
David Beckham in talks to star in career documentary [Video]

David Beckham in talks to star in career documentary

David Beckham is in talks with Netflix and Amazon for a documentary series about his life.

Credit: Bang Media     Duration: 01:03Published