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ROLBOL Youth Conclave 2025: Raipur’s Biggest Central India Event

November 23, 2025

Featured

Aishwarya Rai Takes Legal Action Against AI Image Misuse

September 9, 2025

LinkedIn Expands AI Hiring Assistant Globally

September 8, 2025

‘Conjuring: Last Rites’ Breaks Records With $83M Opening

September 7, 2025

Featured

LinkedIn Expands AI Hiring Assistant Globally

September 6, 2025

Netflix shares surge following record holiday quarter Netflix shares skyrocketed in premarket trading on Wednesday after the firm reported a blockbuster holiday quarter as a vital content line-up, and its entry into live sports streaming got a record number of new customers. Netflix shares soared over 14% in premarket trading on Wednesday, climbing to $994.36 per share after the streaming giant reported a blockbuster holiday quarter. The company's stellar performance, driven by a robust content lineup and its foray into live sports streaming, added a record number of new subscribers and positioned Netflix for significant market growth. Key Highlights of Netflix's Performance: Subscriber Growth: Netflix added 18.9 million subscribers in Q4 2024, more than doubling Wall Street's estimate of 9.2 million. This marked a significant jump from the 13.1 million additions recorded in the same period last year. Live Sports Streaming: Netflix ventured into live sports, partnering with WWE, broadcasting two NFL games on Christmas Day, and securing U.S. rights for the 2027 and 2031 FIFA Women's World Cups. The move into live events is attracting tens of millions of viewers, boosting its competitive edge in the streaming market. Financial Impact: Netflix's market capitalization is expected to rise by $53 billion, reaching approximately $425 billion. Fourth-quarter revenue and profit exceeded analysts' expectations, reflecting the company's shift toward focusing on diversified performance metrics beyond subscription growth. Analyst Reactions: Evercore ISI praised Netflix's "excellent execution, stellar content slate, and scale advantages," noting its dominance in the streaming market. Morgan Stanley highlighted the company's unmatched scale, which allows Netflix to reinvest in its business and drive innovation. Stock Performance and Market Comparison: Netflix's 12-month forward price-to-earnings ratio stands at 35.43, significantly higher than Walt Disney's 19.19, underscoring investor confidence in its growth trajectory. At least nine analysts raised their price targets, with the median rising to $970 from $922.50, according to LSEG data. A Pivotal Year: 2024 was transformative for Netflix as it expanded its offerings beyond traditional streaming into live sports and diversified content. These moves, combined with its global reach and scale, have solidified its position as a dominant force in the entertainment industry. Outlook: Netflix's bold ventures and record-breaking subscriber growth demonstrate its ability to adapt and thrive in an increasingly competitive market. With its expanding portfolio, the company is poised for continued success in 2025 and beyond.

Tech

Netflix shares surge following record holiday quarter

January 22, 2025

Barcelona twice rowed back from two goals down - and two Wojciech Szczesny errors- to grab a dramatic win at Benfica.

Sports

9-goal epic encounter sees Barcelona quell Benfica

January 22, 2025

The Las Mujeres No Ya Lloran arena tour starts on February 11 in Rio de Janeiro.

Music

Shakira arrives in Mexico for rehearsals

January 22, 2025

Apple explained on Wednesday that it has never sold the data gathered by its Siri voice assistant or used it to create marketing profiles, just days after settling a lawsuit in which it faced such charges.

Tech

Apple settles $95m Siri privacy lawsuit but denies allegations

January 9, 2025

"We're in this together, LA," Paris Hilton penned. "Hug your loved ones a little tighter tonight. You never know when everything could change."

Music

Paris Hilton reflects on devastating loss amid California wildfires

January 9, 2025

Yamal and Gavi fire Barca into the Supercopa finals Lamine Yamal and Gavi scored as Barcelona sailed past Athletic Club to reach the Spanish Super Cup final. Barcelona secured their place in the Spanish Super Cup final with a 2-0 victory over Athletic Club, thanks to goals from Lamine Yamal and Gavi. The match took place at King Abdullah Sports City Stadium in Saudi Arabia, where Hansi Flick's team demonstrated their dominance. Early Lead by Gavi Barcelona started strong, taking the lead in the 17th minute. Alejandro Balde provided a precise pass to Gavi, who calmly slotted the ball past the goalkeeper, putting Barcelona ahead early in the game. Yamal's Second-Half Strike Teenager Lamine Yamal doubled the lead seven minutes into the second half. He latched onto a chipped pass and skillfully drove the ball past Unai Simon, solidifying Barcelona's advantage. Athletic Club's Disallowed Goal Inaki Williams thought he had narrowed the deficit in the final minute of normal time, but his goal was ruled out for offside, denying Athletic Club a chance to mount a late comeback. Awaiting the Final Opponent Barcelona will face the winner of the Real Madrid and Mallorca semi-final, set to be played on Thursday, in Sunday's final. The team looks forward to the challenge as they aim for Super Cup glory. Registration Drama for New Signings The semi-final arrived too soon for Barcelona's new signings, Dani Olmo and Pau Victor, who were granted provisional registration by the Spanish national sports council (CSD) on the same day. Initially unable to meet La Liga's wage cap, Barcelona's appeal to the CSD led to a precautionary measure allowing the duo to be registered temporarily. With the potential to feature in the final, Olmo and Victor could add fresh energy to the squad as Barcelona vies for the Super Cup title.

Sports

Yamal and Gavi fire Barca into the Supercopa finals

January 9, 2025