Tag Archives: nflx

Europe Seeks To Regulate Content On Netflix, Other Streamers

European regulators on Wednesday proposed a new set of rules that would force Netflix ( NFLX ), Amazon ( AMZN ) and other streaming video services to offer more local content in individual countries as well as finance local productions. The proposed regulations are seen as a way to level the playing field for national broadcasters, which already are required to financially support local content production. France and other European companies also want to ensure that their local movies and TV shows aren’t drowned out by Hollywood blockbusters and other imports. Netflix has objected to the measures, saying that such quotas would harm consumer choice. Netflix is already producing local language content to attract subscribers in Europe. Earlier this month, it debuted the French political drama “Marseille,” starring Gerard Depardieu. And soon it will stream an Italian crime drama series, “Suburra.” The European Commission’s proposals must be approved by the European Parliament and individual member states, a lengthy process that could result in significant changes to the proposals. In a written statement to the European Commission, Netflix said the proposed rules are “potentially detrimental to the sustainability of existing and new business models.” Local content quotas and demands that local content be prominently displayed would hurt the personalization of online services, Netflix said. Netflix investors shrugged off the European proposals. Netflix stock was up 2%, near 100, in afternoon trading on the stock market today. Netflix shares have been up since Monday when it announced that its exclusive deal to stream new Walt Disney ( DIS ) movies in the pay-TV window in the U.S. will begin in September. Under the pact, signed three and a half years ago, Netflix will become the exclusive U.S. pay-TV home of the latest films from Disney, Marvel, Lucasfilm and Pixar. The agreement starts with 2016 theatrical releases, which include “Zootopia,” “The Jungle Book,” “Captain America: Civil War,” “Finding Dory” and “Rogue One: A Star Wars Story.” RELATED: Netflix Gaining In Europe, But Faces Regulatory Mandates

Why Apple, Alibaba Lead 6 Hot Tech Stocks You Should Be Watching

Loading the player… From new products and partnerships to key chart moves, here’s a look at six top tech stocks you should keep an eye on today: Apple ( AAPL ), Alibaba ( BABA ), Netflix ( NFLX ), Facebook ( FB ), Microsoft ( MSFT ) and Google owner Alphabet ( GOOGL ). Apple Apple is working on its answer to the Amazon Echo and Google Home personal-assistant speakers, according to a report from The Information on Tuesday. The report says Apple will unveil the device at its developers conference in mid-June. Shares are on track for a four-day win streak, up 1.6% intraday on the stock market today , with the stock’s volume tracking higher than average on Wednesday. Apple is nearing the 100 price level, which the stock gapped below after the company’s quarterly earnings report missed expectations. Alibaba Chinese e-commerce giant Alibaba has revealed that the SEC is investigating its accounting practices in relation to its consolidation policies, transaction practices and operating data from Singles Day, its biggest shopping day of the year. Shares are plunging 6.1% in heavy volume, breaching the 50-day line. Shares are now trading 17% below their 52-week high. Netflix Netflix is rising amid fresh reports that the European Union is seeking to require a quota for local content on streaming platforms. And this week, Netflix announced it will be the exclusive host of new Disney films, beginning in September. Shares climbed above the 50-day line in Tuesday’s session and are continuing 2.2% higher today in fast trade. The stock is now 24% below its all-time high. Facebook And Facebook, which re-entered buy range in Tuesday’s session, is retaking its 10-day line in above-average volume today, rising 0.2%. The stock is now trading just 2% below its all-time high. Microsoft Microsoft is nearing its 50-day line after retaking its 200-day line in Tuesday’s session. Shares are now 7% below their late-December high and up 1.5% Wednesday. Alphabet Alphabet is rallying 0.8%, also nearing its 50-day line after taking its 200-day line Tuesday. It’s trading 8% below a flat base buy point at 791.05.

Netflix Shows Signs Of Life While Facebook, Amazon Breach Key Levels

Loading the player… The “FANG” stocks are showing some compelling chart action today, with Netflix ( NFLX ) seeing some signs of life and Facebook ( FB ) dropping back below buy range. Meanwhile, Amazon ( AMZN ) is breaching a short-term support level and Google owner Alphabet ( GOOGL ) is hitting resistance at a long-term measure. Netflix Netflix rose 2.6% in average volume to hit its highest level in a month. The stock is now nearing its 50-day line, an area it breached after issuing disappointing quarterly results. If Netflix can retake that level it would be bullish. Shares are 28% below their all-time high reached in December. Facebook Facebook once again fell back below buy range from a cup-with-handle base it initially cleared on the heels of its view-topping quarterly earnings report about a month ago, losing 1.2%. Despite the negative action, volume was lighter than average and the stock is only 4% below its all-time high. It’s also still holding above its 50-day line and sell territory. Amazon Amazon fell below its 10-day line, sliding 0.9%, after finding support there in the past four sessions. But the stock is just 3% below its high and is extended 16% past a cup-with-handle base buy point it cleared ahead of the company’s estimate-beating earnings report. Alphabet Alphabet continued to hit resistance at its 200-day line for a third session, dropping 0.6%. Shares tried to break out of a cup-with-handle base ahead of its latest quarterly report, but breached their key moving averages in the wake of the results. Alphabet is now trading 11% below its high reached in February.