Roku's User Growth Is Outpacing Netflix's and Could Accelerate
* Stories are summarized by an A.I.
* Stocks or companies mentioned: ROKU, Datadog, NFLX, GOOG, Huawei, DB, Purdue Pharma Inc, DIS, VOLAF, and ATVI
Roku's User Growth Is Outpacing Netflix's and Could Accelerate
ROKU (Roku Inc.) | The Motley Fool
Over the past couple of years, however, Netflix's domestic growth has slowed, the inevitable result of its massive user base. At the same time, ad-supported streaming pioneer Roku's (NASDAQ:ROKU) growth is accelerating -- and it may eventually surpass Netflix's subscriber base. In 2018, Roku's active account base grew to 27.1 million, adding nearly 8 million new customers, a 40% increase year over year. According to one analyst, however, Roku's growth is actually ahead of Netflix at the same point in the company's life cycle. With that type of eye-popping growth and remaining potential, Roku's subscriber growth could eventually overtake Netflix's, and Roku shares could generate Netflix-type gains over the coming decade.
Read More
Datadog IPO: Growth Investors Will Follow This Name Very Carefully
Datadog | Seeking Alpha
Reporting revenue growth of 96% y/y and positive FCF, Datadog (DDOG) will most likely please both growth and FCF investors. Impressive Revenue GrowthIn 2018, with revenue growth of 96% y/y, most growth investors will be interested in Datadog. With that, growth investors will not care about the losses, which are not scary. In 2018, Datadog reported revenue growth of 96% y/y, and 79% growth in the six months ended June 30, 2019. ConclusionWith double-digit revenue growth and operating in an innovative industry, Datadog will be studied by growth investors.
Read More
Is FAANG Losing Its Allure?
NFLX (Netflix Inc) | Zacks
Funds are beginning to limit their exposure to these once potent stocks as they brace themselves for an ostensible downturn. Netflix has performed admirably over the past decade, but I don’t believe that its current valuation is fair considering the increasingly saturated market it is competing in and faster than expected deceleration in subscription growth. Apple’s reliance on iPhone sales as its primary revenue driver exposes the firm to substantial risk when marginal improvements aren’t successfully driving growth.
Read More
Nest Doorbell Camera To Start Tracking Package Deliveries
GOOG (Alphabet Inc) | PYMNTS
Google has announced that its Nest doorbell now has a package-detecting feature for Nest Hello users with an active Nest Aware subscription. The feature will use the doorbell camera to track package pickups and deliveries. In a blog post, the company revealed package detection was one of the most requested features from Nest Hello users. “In particular, we’re trying to solve problems based on what users want,” Rosie Buchanan, a senior software engineer working on Machine Perception within Google Nest, said in the post. For package retrievals, the package also needs to be visible for a short amount of time before it’s removed from the scene.
Read More
After blacklisting, U.S. receives 130-plus license requests to sell to Huawei: sources
002502 (Huawei Technology Company Ltd) | Reuters
WASHINGTON (Reuters) - The U.S. Commerce Department has received more than 130 applications from companies for licenses to sell U.S. goods to China’s Huawei Technologies Co Ltd, three sources said, nearly two months after President Donald Trump said some sales would be allowed.
Read More
Deutsche Bank reveals it has access to tax returns related to Trump congressional investigation
DB (Deutsche Bank AG) | ABC News
Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News. Deutsche was responding to a subpoena issued jointly by the House Financial Services and House Intelligence committees in April, which sought financial records from Deutsche Bank related to Trump and his children, Donald Trump Jr., Ivanka Trump and Eric Trump, as well as the Trump Organization and other financial entities. The disclosure reveals a new avenue that congressional Democrats could use to pursue Trump’s tax documents -- filings he has refused to make public despite earlier pledges and decades of tradition. The two banks were asked by a 2nd Circuit Court of Appeals judge on Friday whether they had copies of Donald Trump's tax returns. House Democrats have employed multiple efforts to access Trump's financial records.
Read More
Purdue Pharma in talks over multibillion-dollar deal to settle more than 2,000 opioid lawsuits
Purdue Pharma Inc | The Seattle Times
Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for cities, counties and states across the country that would resolve about 2,000 lawsuits against the company, which would declare bankruptcy as part of the deal. Word of the talks comes a day after an Oklahoma judge found health care giant Johnson & Johnson responsible for fueling the state’s opioid epidemic and ordered it to pay $572 million to help abate the crisis. AdvertisingIn addition to Oklahoma, more than 40 other states have filed lawsuits in their own courtsagainst Purdue, and other companies in the pharmaceutical industry. The deal under discussion would cover both the federal and state lawsuits, according to the people familiar with the proposal. In May, a North Dakota judge threw out that state’s lawsuit against the company.
Read More
Disney's Streaming Bundle Looking Like A Winner For Millennials, Sports Fans In Poll
DIS (The Walt Disney Company) | Forbes
Disney+ launches on November 12. That was the biggest of any demographic group, but perhaps the best possible news for Disney's streaming dreams, because those young adults are busy forming households, getting married, and having children. Regardless, Disney+ and the rest of the streaming bundle represent a fundamental shift in Disney's business, away from being a provider of shows for traditional pay-TV services. During D23, Disney had a steady line of people signing up to save $23 on a yearly $89 subscription. Disney's is but the first step, the Reporter/Morning Consult poll a promising suggestion of the consumer interest it will attract.
Read More
Volvo’s Polestar opens China factory to export to Europe, US
VOLAF (AB Volvo ADR) | The Washington Post
Volvo’s performance electric car brand, Polestar, has opened a factory in China to produce a gasoline-electric hybrid for export to Europe and the United States, the automaker’s CEO said Tuesday, Aug. 27, 2019. (Chinatopix via AP, File) (Associated Press)BEIJING — Amid rising trade tension, Volvo’s electric brand, Polestar, is going ahead with plans to export its first Chinese-made model to the United States next year, the automaker’s CEO said. Polestar opened a factory Tuesday in the western city of Chengdu to produce the Polestar 1, a two-door, gasoline-electric hybrid coupe with a carbon-fiber body. European sales of the Polestar 1 start this year, priced at about 150,000 euros ($165,000), said Polestar CEO Thomas Ingenlath.
Read More
There's A Simple Lesson In The Success Of 'World Of Warcraft Classic'
ATVI (Activision Blizzard Inc) | Forbes
Credit: BlizzardIn 2016, Blizzard shut down the vanilla World of Warcraft private server Nostalrius. When asked if the company had thought about adding servers for classic expansions, he said:"No. Yesterday saw the launch of World of Warcraft Classic, which brings back the idea of a classic server in an official capacity, and the thing has exploded. World of Warcraft Classic is not just weaponized nostalgia, even if it definitely weaponized nostalgia. The love of classic servers was about rejecting the dungeon queue vision of an MMO, and it's easy to see why a large-scale modern developer would be perplexed by that.
Read More
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* Stocks or companies mentioned: ROKU, Datadog, NFLX, GOOG, Huawei, DB, Purdue Pharma Inc, DIS, VOLAF, and ATVI
Roku's User Growth Is Outpacing Netflix's and Could Accelerate
ROKU (Roku Inc.) | The Motley Fool
Over the past couple of years, however, Netflix's domestic growth has slowed, the inevitable result of its massive user base. At the same time, ad-supported streaming pioneer Roku's (NASDAQ:ROKU) growth is accelerating -- and it may eventually surpass Netflix's subscriber base. In 2018, Roku's active account base grew to 27.1 million, adding nearly 8 million new customers, a 40% increase year over year. According to one analyst, however, Roku's growth is actually ahead of Netflix at the same point in the company's life cycle. With that type of eye-popping growth and remaining potential, Roku's subscriber growth could eventually overtake Netflix's, and Roku shares could generate Netflix-type gains over the coming decade.
Read More
Datadog IPO: Growth Investors Will Follow This Name Very Carefully
Datadog | Seeking Alpha
Reporting revenue growth of 96% y/y and positive FCF, Datadog (DDOG) will most likely please both growth and FCF investors. Impressive Revenue GrowthIn 2018, with revenue growth of 96% y/y, most growth investors will be interested in Datadog. With that, growth investors will not care about the losses, which are not scary. In 2018, Datadog reported revenue growth of 96% y/y, and 79% growth in the six months ended June 30, 2019. ConclusionWith double-digit revenue growth and operating in an innovative industry, Datadog will be studied by growth investors.
Read More
Is FAANG Losing Its Allure?
NFLX (Netflix Inc) | Zacks
Funds are beginning to limit their exposure to these once potent stocks as they brace themselves for an ostensible downturn. Netflix has performed admirably over the past decade, but I don’t believe that its current valuation is fair considering the increasingly saturated market it is competing in and faster than expected deceleration in subscription growth. Apple’s reliance on iPhone sales as its primary revenue driver exposes the firm to substantial risk when marginal improvements aren’t successfully driving growth.
Read More
Nest Doorbell Camera To Start Tracking Package Deliveries
GOOG (Alphabet Inc) | PYMNTS
Google has announced that its Nest doorbell now has a package-detecting feature for Nest Hello users with an active Nest Aware subscription. The feature will use the doorbell camera to track package pickups and deliveries. In a blog post, the company revealed package detection was one of the most requested features from Nest Hello users. “In particular, we’re trying to solve problems based on what users want,” Rosie Buchanan, a senior software engineer working on Machine Perception within Google Nest, said in the post. For package retrievals, the package also needs to be visible for a short amount of time before it’s removed from the scene.
Read More
After blacklisting, U.S. receives 130-plus license requests to sell to Huawei: sources
002502 (Huawei Technology Company Ltd) | Reuters
WASHINGTON (Reuters) - The U.S. Commerce Department has received more than 130 applications from companies for licenses to sell U.S. goods to China’s Huawei Technologies Co Ltd, three sources said, nearly two months after President Donald Trump said some sales would be allowed.
Read More
Deutsche Bank reveals it has access to tax returns related to Trump congressional investigation
DB (Deutsche Bank AG) | ABC News
Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News. Deutsche was responding to a subpoena issued jointly by the House Financial Services and House Intelligence committees in April, which sought financial records from Deutsche Bank related to Trump and his children, Donald Trump Jr., Ivanka Trump and Eric Trump, as well as the Trump Organization and other financial entities. The disclosure reveals a new avenue that congressional Democrats could use to pursue Trump’s tax documents -- filings he has refused to make public despite earlier pledges and decades of tradition. The two banks were asked by a 2nd Circuit Court of Appeals judge on Friday whether they had copies of Donald Trump's tax returns. House Democrats have employed multiple efforts to access Trump's financial records.
Read More
Purdue Pharma in talks over multibillion-dollar deal to settle more than 2,000 opioid lawsuits
Purdue Pharma Inc | The Seattle Times
Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for cities, counties and states across the country that would resolve about 2,000 lawsuits against the company, which would declare bankruptcy as part of the deal. Word of the talks comes a day after an Oklahoma judge found health care giant Johnson & Johnson responsible for fueling the state’s opioid epidemic and ordered it to pay $572 million to help abate the crisis. AdvertisingIn addition to Oklahoma, more than 40 other states have filed lawsuits in their own courtsagainst Purdue, and other companies in the pharmaceutical industry. The deal under discussion would cover both the federal and state lawsuits, according to the people familiar with the proposal. In May, a North Dakota judge threw out that state’s lawsuit against the company.
Read More
Disney's Streaming Bundle Looking Like A Winner For Millennials, Sports Fans In Poll
DIS (The Walt Disney Company) | Forbes
Disney+ launches on November 12. That was the biggest of any demographic group, but perhaps the best possible news for Disney's streaming dreams, because those young adults are busy forming households, getting married, and having children. Regardless, Disney+ and the rest of the streaming bundle represent a fundamental shift in Disney's business, away from being a provider of shows for traditional pay-TV services. During D23, Disney had a steady line of people signing up to save $23 on a yearly $89 subscription. Disney's is but the first step, the Reporter/Morning Consult poll a promising suggestion of the consumer interest it will attract.
Read More
Volvo’s Polestar opens China factory to export to Europe, US
VOLAF (AB Volvo ADR) | The Washington Post
Volvo’s performance electric car brand, Polestar, has opened a factory in China to produce a gasoline-electric hybrid for export to Europe and the United States, the automaker’s CEO said Tuesday, Aug. 27, 2019. (Chinatopix via AP, File) (Associated Press)BEIJING — Amid rising trade tension, Volvo’s electric brand, Polestar, is going ahead with plans to export its first Chinese-made model to the United States next year, the automaker’s CEO said. Polestar opened a factory Tuesday in the western city of Chengdu to produce the Polestar 1, a two-door, gasoline-electric hybrid coupe with a carbon-fiber body. European sales of the Polestar 1 start this year, priced at about 150,000 euros ($165,000), said Polestar CEO Thomas Ingenlath.
Read More
There's A Simple Lesson In The Success Of 'World Of Warcraft Classic'
ATVI (Activision Blizzard Inc) | Forbes
Credit: BlizzardIn 2016, Blizzard shut down the vanilla World of Warcraft private server Nostalrius. When asked if the company had thought about adding servers for classic expansions, he said:"No. Yesterday saw the launch of World of Warcraft Classic, which brings back the idea of a classic server in an official capacity, and the thing has exploded. World of Warcraft Classic is not just weaponized nostalgia, even if it definitely weaponized nostalgia. The love of classic servers was about rejecting the dungeon queue vision of an MMO, and it's easy to see why a large-scale modern developer would be perplexed by that.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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