Latest news with #advertisingrevenue
Yahoo
14-07-2025
- Business
- Yahoo
Netflix Stock Price Levels to Watch as Earnings Report Set for Thursday
Netflix shares are in focus this week as the streaming giant gets set to release its quarterly results on Thursday. After running into selling pressure near the top trendline of an ascending channel, the stock has continued to move lower, breaking down below the pattern's lower trendline late last week. Investors should watch key lower levels on the Netflix chart around $1,200, $1,110 and $1,065, while also monitoring an important overhead area near $1, (NFLX) shares are in focus this week as the streaming giant gets set to post its quarterly results after markets close on Thursday. Given the company no longer reports its subscriber numbers, investors will be monitoring if recent subscription price increases and expanding advertising sales have continued to boost revenue growth. Investors will also keep a close eye on the streamer's full-year outlook, watching for signs that consumers could be pulling back on nonessential spending amid economic uncertainty. Netflix shares have risen 40% since the start of the year and nearly doubled over the past 12 months, boosted in part by the company growing its advertising revenue and expanding its footprint into live event content. The stock was up slightly at around $1,250 in recent premarket trading. Below, we take a closer look at Netflix's chart and apply technical analysis to identify key price levels that investors will likely be watching. After running into selling pressure near the top trendline of an ascending channel, Netflix shares have continued to move lower, breaking down below the pattern's lower trendline late last week. While trading volume remains average, the stock's recent move has coincided with the relative strength index slipping below its neutral threshold, signaling weakening price momentum. Let's identify three key levels to watch on Netflix's chart if the shares continue to trend lower and also locate an important overhead area worth monitoring if the stock resumes its longer-term uptrend. The first lower level to eye sits around $1,200. This area on the chart could provide support near a period of sideways drift in late May, which also closely aligns with a minor retracement to the ascending channel's lower trendline in early June. A decisive close below this level could see the shares fall to $1,110. Investors may seek buying opportunities in this location near two minor troughs that formed toward the start of the ascending channel in the first half of May. Interestingly, this area also roughly matches a projected downside target that takes the stock's move lower from late February to early March and overlays it from last month's high, providing clues as to how price action may play out in coming weeks. Selling below this level opens the door for a retest of lower support around $1,065. The shares would likely encounter strong support in this region near the prominent February swing high. A resumption of the longer-term uptrend could see Netflix shares climb to the $1,340 area. Investors who have bought at lower prices may decide to lock in profits at this level around the notable late-June peak, which also doubles as the stock's all-time high. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia
Globe and Mail
11-07-2025
- Business
- Globe and Mail
SpongeBob, Backyardigans to go off air later this summer as Corus winds down five kids channels
Corus Entertainment Inc. CJR-B-T plans to wind down five kids' channels later this summer as the broadcaster continues to cope with advertising revenue challenges. The company says in a statement it will stop distributing ABC Spark, Nickelodeon, Disney French (La Chaine Disney), Disney XD and Disney Jr. channels as of Sept. 1. Shows going off air would include SpongeBob SquarePants, The Backyardigans and Bluey. A spokesperson says the move comes after a 'comprehensive review' of Corus's portfolio of channels surrounding the 'evolving needs of our audiences and distribution partners.' Corus says it will still operate the Disney Channel across its TV and streaming platforms. Last month, the company said it slashed seven per cent of employee costs in its most recent quarter and was continuing to look for savings amid an advertising revenue slump. Chief executive John Gossling told analysts that Corus anticipates TV advertising revenue to decline about 20 per cent year-over-year in the current quarter as 'geopolitical and economic uncertainty' linger.
Globe and Mail
29-06-2025
- Business
- Globe and Mail
2 Top Stocks Down 40% to Buy With $1,000
Buying shares of competitively positioned companies that are experiencing robust growth for their products can put you on the road to financial freedom. Sometimes the market gives you the opportunity to buy quality stocks at big discounts that can set you up for outstanding results. If you have $1,000 you don't need for at least five years, there are a few growth stocks that Wall Street is currently sleeping on that could deliver great returns over the next few years. 1. Reddit Reddit (NYSE: RDDT) is a popular online platform that is built around discussion threads on an endless number of topics. Over 400 million people visit Reddit on a weekly basis. This has driven strong growth in the company's advertising revenue, which is the primary means it monetizes its platform. The stock is down 39% from its recent highs. This can be attributed to two things. First, it was due for a correction after climbing to a high price-to-sales multiple of around 25. It now trades at a lower multiple of 19. Second, Wall Street has been concerned about Alphabet 's Google's launch of new artificial intelligence (AI) features in Search. Google's AI Overviews, for example, is taking content from Reddit and summarizing it in Google Search results. This could lead to less traffic going directly to Reddit's platform and limit its revenue growth prospects. However, Reddit continued to report extremely strong growth in the first quarter. Revenue grew 61% year over year, with 108 million daily active users. Advertisers continue to invest in Reddit's platform, given the high engagement from these users, not to mention that many people visiting Reddit are researching a product to buy, making it more likely they will click on an ad. All the discussions and comments across Reddit's communities are not only leading to strong advertising growth, but also opening up new growth opportunities. In fact, Reddit is starting to make a significant amount of money licensing its data to companies building AI models. Its "other" revenue grew 66% year over year in Q1, representing about 9% of its quarterly revenue. This growth in data licensing signals a competitive advantage for Reddit not fully reflected in the stock price. This makes the stock a compelling buy after the recent dip. 2. Marvell Technology There is substantial investment pouring into data center infrastructure (e.g., advanced chips and networking systems) to lay the groundwork for an AI-driven economy. Marvell Technology (NASDAQ: MRVL) is riding this wave, yet the stock is down 41% from its recent high, setting up a buying opportunity ahead of a potential bull run. Marvell is a leader in supplying custom chip solutions and networking products for data centers. Its data center business totaled 76% of its revenue last quarter and also, coincidentally, grew 76% year over year. The chipmaker has benefited greatly from its partnership with Amazon Web Services, the leading cloud services provider for enterprises. In late 2024, it signed a new five-year deal to supply AWS with custom AI chips and networking products, which are needed for faster data transfer in AI workloads. Marvell also has a partnership with Nvidia to integrate its chips in Nvidia's NVLink Fusion. NVLink is a game-changing product that brings together custom chip solutions from multiple suppliers on a single platform. This could spell more demand for Marvell's accelerator processing units (XPUs). These agreements with AWS and Nvidia significantly bolster Marvell's long-term prospects. The stock looks expensive, trading at high multiples of sales and earnings. But keep in mind that it is seeing margins improve from growing demand. Adjusted earnings more than doubled year over year to $0.62 in the first quarter. Wall Street analysts expect 46% annualized earnings growth over the next few years, which could support significant upside in the stock. Should you invest $1,000 in Reddit right now? Before you buy stock in Reddit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Reddit wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Ballard has positions in Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, and Nvidia. The Motley Fool recommends Marvell Technology. The Motley Fool has a disclosure policy.
