Legacy media companies including (DIS) (VIAC) and (T) WarnerMedia have gone all-in on their streaming strategies, validating the product and business model that Netflix founder and co-CEO Reed Hastings pioneered more than a decade ago. Netflix added 36.6 million subscribers last year amid the Covid-19 pandemic, to end 2020 with more than 200 million paying accounts. The growth rate decelerated in recent quarters as the world reopened and pandemic-related production delays slowed the introduction of new content to the service. Read More...
Investopedia
Top Tech Stocks for July 2021
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc. (AAPL), Microsoft Corp. (MSFT), and Amazon.com Inc. (AMZN). Tech stocks, represented by the Technology Select Sector SPDR ETF (XLK), have performed relatively on par with the broader market over the past year.
Add Comment