Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Gregory Peters"


7 mentions found


CNBC's Jim Cramer believes Netflix 's innovative use of artificial intelligence (AI) in its ad-supported tier is a game changer, positioning the company far ahead of its competitors. "Netflix is so far ahead of everybody else," Jim noted, adding that the Street's enthusiasm for Netflix stock on the back of Thursday's beat-and-raise quarter is largely driven by its success in AI-based advertising. Netflix's AI advantage, Cramer highlighted, is why investors are willing to pay up for the stock. He set a $1,000 price target on the stock, which implies a 30% upside from Friday's intraday high of roughly $763. Looking ahead, co-CEO Gregory Peters stated that advertising would become one of Netflix' key growth drivers during the company's post-earnings webcast Thursday.
Persons: CNBC's Jim Cramer, Jim Cramer, Jim, Cramer, Gregory Peters Organizations: Netflix Locations: Thursday's, United States
At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter. Local content strategy and investment in original content is boosting Netflix's competitive edge. Company executives and industry experts say growth in Asia had a role to play as well. Revenue growth in North America and Europe, Middle East, and Africa was tied at 16% each. 'Persistence in Asia'Some industry experts who reacted to Netflix's earnings also pointed to its local content creation strategy.
Persons: , You've, Gregory Peters, Ben Silverman, Silverman, It's, Dan Da Dan Organizations: Netflix, Service, Company, Asia, CNBC, Media Partners Locations: Asia Pacific, Asia, Japan, Korea, Thailand, India, North America, Europe, Middle East, Africa
Netflix is helping to kick off the latest earnings season with the streaming giant set to report its third quarter earnings after market close on Thursday. The company's stock price has steadily risen since the beginning of the year. However, this upcoming earnings report may be one of the last times investors receive regular updates on Netflix's membership numbers. "This change is really motivated by wanting to focus on what we see are the key metrics that we think matter most to the business," Netflix co-CEO Gregory Peters said during the company's 2024 first quarter earnings call on April 18. "We'll periodically update when we grow and we hit certain major milestones, we'll announce those.
Persons: Gregory Peters, we'll Organizations: Netflix
Users have taken to social media to call for account cancellations amid the $8 charge to add extra members. On Tuesday, Netflix announced that it would no longer allow American users to share an account between households. The policy shift is a far cry from 2017, when Netflix posted a tweet in support of subscribers sharing their passwords with others, writing "Love is sharing a password." Impacted users are sharing the message that appears onscreen when an account is accessed from outside of the membership holder's home. "Like no, you're not charging me to tell me who I'm allowed to share my password with fuck Netflix."
Subscriber growth We think Netflix's quarter offers a positive read-through for Disney on the streaming front. That's important, even though we've argued for months that Wall Street's intense focus on Disney's streaming ambitions means the company's booming theme park business gets somewhat overlooked. Netflix brought its streaming service to over 130 countries across the world more than three years before Disney's flagship streaming service, Disney+, hit the U.S. and Canadian markets in the fall of 2019. Even in a period of decline for Netflix, Disney+ was able to keep growing solidly. Analysts expect the company to have added 9.1 million Disney+ subscribers in its fourth quarter, according to FactSet.
Netflix will report third-quarter earnings Tuesday, and all eyes are on its new ad-supported tier. Wall Street hopes that the streamer's Basic with Ads plan will boost subscriptions and revenue — but some analysts are skeptical. Complicating matters further, analysts at Wedbush Securities warned that the streamer may report hundreds of thousands of additional subscriber losses this quarter. A recent survey conducted by Samba TV with Harris X found that nearly half of current Netflix subscribers said they'd consider simply trading down their existing membership to the forthcoming cheaper service. While the service still counts more than 220 million overall subscribers, Netflix has blamed the losses on increased competition and account sharing.
As a result, we’re seeing significantly elevated correlations between bond markets," said Andy Sparks, head of portfolio management research at MSCI. "The high level of correlation across global bond markets means that allocating to ex-U.S. bonds is that much less effective," said Gregory Peters, co-chief investment officer at PGIM Fixed Income. Peters doesn't expect the correlations to moderate until central banks' monetary policies diverge significantly, and he has reduced his exposure to sovereign bonds outside the U.S. "That's something that brings these global issues on U.S. investors' radars, because they are becoming first order market drivers." Martin Harvey, portfolio manager of the Hartford World Bond Fund, expects monetary policy regimes to start diverging next year.
Total: 7