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Netflix says it's more scared of Fortnite and YouTube than Disney and Amazon

Friday, January 18, 2019, 7:52 AM

Stop it with all the talk about Netflix losing subscribers from the oncoming deluge of streaming services. Netflix says you're focusing on the wrong thing. It's not Disney's new streaming video service or HBO or Amazon that Netflix is worried about, the company said today in its letter to shareholders. Netflix estimates it has already earned about 10% of all U.S. television screen time.
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Airline stocks crater after Delta issues slightly lower revenue growth outlook

Friday, January 4, 2019, 7:38 AM

Shares of U.S. airlines tumbled Thursday after Delta Air Lines forecast slightly lower revenue growth, following downbeat sales projections from iPhone-maker Apple that stoked concerns of global slowdown. Delta shares fell nearly 9 percent, their steepest percentage decline in more than six years, to close at $45.61. American Airlines shed more than 7 percent, recovering slightly after hitting its lowest price since July 2016.
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Music streaming leader Spotify reports a modest rise in paid users

Thursday, November 1, 2018, 5:21 PM

Spotify, the worlds most popular paid music streaming service, on Thursday reported a modest 5% rise in premium subscribers for its third quarter, while revenue and gross margins were roughly in line with market expectations. Caught short by a global sell-off in major tech stocks over the past month, shares of Spotify have erased their roughly 30% gain after the Swedish companys closely watched.

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