Netflix shares dip as Wall Street braces for quarterly report

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Amazon (AMZN) Reports Exclusive Multi-Year Partnership with Best Buy (BBY) to Offer Next Generation Fire TV Edition Smart TVs

April 18, 2018 6:11 AM EDT

Amazon (NASDAQ: AMZN) and Best Buy (NYSE: BBY) today announced a collaboration to bring the next generation of Fire TV Edition smart TVs to customers in the United States and Canada. As a first step in the partnership, Best Buy will launch more than ten 4K and HD Fire TV Edition models from Insignia and Toshiba, beginning this summer.

Amazon and Best Buy have a long history of working together, and today we take our partnership to a new level, said Jeff Bezos, Amazon founder and CEO. These... More

Amazon (AMZN) Announces Launch of 'International Shopping' Experience on the Amazon Shopping App

April 18, 2018 5:47 AM EDT

Amazon (NASDAQ: AMZN) launched the International Shopping experience within the Amazon Shopping App, making it possible for international customers to browse and shop over 45 million eligible items that can be shipped to their country from the United States. This experience is available on mobile browser and mobile app within the Amazon Shopping App for both iOS and Android mobile devices. The International Shopping experience offers shopping in 5 languages, including English, Spanish, Simplified Chinese, German, and Brazilian... More

Netflix (NFLX) PT Raised to $372 at Bernstein Following 1Q

April 17, 2018 7:55 AM EDT

Bernstein raised its price target on Netflix (NASDAQ: NFLX) to $372.00 (from $340.00) while maintaining a Outperform rating following the company's 1Q earnings report. The combination of a double-digit price increases across 80% of their sub base, combined with some F/X help, drove Netflix revenue +43%... More

MKM Partners Reiterates Buy on Netflix, Inc. (NFLX) Following 1Q

April 17, 2018 7:24 AM EDT

MKM Partners reiterated a Buy rating and $320.00 price target on Netflix (NASDAQ: NFLX) following the company's 1Q earnings report. NFLX reported another strong result and guided Q2 above consensus across key metrics. Revenue and profitability metrics were largely in line, though streaming contribution was... More

Netflix (NFLX) PT Raised to $340 at Citi on 1Q18 Earnings Beat; 'Subscription Growth Continues to Surprise'

April 17, 2018 6:09 AM EDT

Citi raised its price target on Netflix (NASDAQ: NFLX) to $340.00 (from $305.00) while maintaining a Neutral rating, following the company's 2018 first quarter earnings report.

Analyst Mark May notes an upbeat outlook on the shares, as NFLX reported first quarter earnings per share and revenues... More