Greg Peters

Netflix Inc. (NASDAQ:NFLX) shares soared nearly 9% in overnight trading on Thursday as the streaming giant officially declined to raise its offer for Warner Bros. Discovery (NASDAQ:WBD). Financial Discipline Over M&A Prominent investor Gary Black, Managing Partner of The Future Fund, praised...

Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average edging up 0.03% to 49,499.20, while the S&P 500 slipped 0.5% to 6,908.86 and the Nasdaq dropped 1.18% to 22,878.38. Investors were jittery as U.S. initial jobless claims rose by 4,000 to 212,000 in the third...

Netflix Inc. (NASDAQ:NFLX) co-CEO Greg Peters said Paramount Skydance's (NASDAQ:PSKY) $108 billion hostile bid for Warner Bros. Discovery (NASDAQ:WBD) is unrealistic without Oracle Corp (NYSE:ORCL) founder Larry Ellison's financial backing. Netflix Dismisses Paramount's Debt-Fueled Offer Netflix co...

Netflix, Inc. (NASDAQ:NFLX) Q4 earnings call, held on Tuesday evening, highlighted the company's transition to becoming a multi-dimensional entertainment hub.  A primary focus was the pending Warner Bros. Discovery (WBD) acquisition, which Co-CEO Ted Sarandos described as a "strategic...

Netflix Inc (NASDAQ:NFLX) is pushing back against a broader bear case that critics say points to weakening fundamentals. Management, however, argues the problem isn't the business, but the metrics being used to judge it. On its fourth quarter earnings call, Netflix executives said surface-level...

Streaming giant Netflix Inc (NASDAQ:NFLX) reported fourth-quarter financial results Tuesday after market close. Here are the highlights. Netflix Q4 Earnings Highlights Netflix reported fourth-quarter revenue of $12.05 billion, up 17.6% from last year's fourth quarter. The revenue total beat a...

Ted Sarandos, co-CEO of Netflix Inc. (NASDAQ:NFLX), said on Tuesday that the company isn't worried about competing with AI-generated content for viewers' attention. Check out the current price of NFLX stock here. Taylor Swift Example Illustrates AI’s Limited Impact According to Business...

As Warner Bros. Discovery, Inc. (NASDAQ:WBD) explores options for its sale, Netflix Inc. (NASDAQ:NFLX) executives said they see no need to chase consolidation, stressing that the company's strength lies in building, not buying. Netflix Reaffirms Focus On Organic Growth During the company's third-...

Streaming giant Netflix Inc (NASDAQ:NFLX) reported third-quarter financial results Tuesday after market close. Here are the key highlights and a look at what's next. Q3 Earnings Highlights: Netflix reported third-quarter revenue of $11.51 billion, up 17.2% year-over-year. The revenue total missed a...

Netflix Inc.'s (NASDAQ:NFLX) Co-CEO Greg Peters has reassured investors that the company remains confident in its low-cost ad plan, despite ongoing market volatility and concerns over a potential recession fueled by new tariffs. What Happened: On Thursday, during Netflix's first-quarter earnings...

Netflix Inc. (NASDAQ:NFLX) Co-CEO Ted Sarandos on Thursday outlined why the streaming giant continues to hold an edge over YouTube, a subsidiary of Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google. What Happened: During Netflix’s third-quarter earnings call, a question...

Senator Bernie Sanders may want to look away from a new report that highlights 2023’s highest-paid CEOs of S&P 500 companies. The Vermont senator is working to pass legislation that would increase taxes on companies that pay their CEOs 50 times more than the pay of their median worker....

Streaming giant Netflix Inc (NASDAQ:NFLX) ended the fourth quarter (Q4) with 260.28 million global paid subscribers. An analyst sees a pending price increase for subscribers in 2024 as a potential catalyst. The Netflix Analyst: UBS analyst John Hodulik maintains a Buy rating on Netflix and raises...

Netflix Inc.’s (NASDAQ:NFLX) co-CEO, Greg Peters, has downplayed the significance of Apple Inc.'s (NASDAQ:AAPL) Vision Pro market, describing it as too small to warrant an investment at this point.  What Happened: In an interview with Stratechery, Peters stated that the market for the Apple...

Netflix Inc. (NASDAQ:NFLX) has subtly thrown shade at Amazon.com Inc. (NASDAQ:AMZN) as the latter prepares to introduce ads on its Prime Video platform, posing a new challenge to Netflix’s advertising revenue. What Happened: During the fourth-quarter earnings call, Netflix Co-CEO Greg Peters...