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Netflix shares ended the week on a down note, declining almost 2% Friday to close at $429.32, but a Wall Street analyst reaffirmed his “buy” rating and said the company has “plenty of subscriber runway.” The streaming stock has declined for five straight sessions, its longest such streak since February. Amid the…

Netflix and Amazon shares both closed Tuesday at their all-time highs, with both tech giants managing to largely thrive during a grueling period of viral shutdown. Broader stock indices extended their recent upswings despite pervasive gloom and doom in the forecast, with the Dow 30 climbing 2% and the NASDAQ rising 4%…

Wall Street analysts, many of whom sat in the audience Thursday as Comcast and NBCUniversal execs showed off their new streaming service, Peacock, have given the presentation high marks. Comcast shares rose 1% to a new high of $47.35 with about an hour left in Friday’s trading day. The stock has risen more than 30%…

UPDATED with closing price. Netflix stock rose nearly 4% Tuesday — the biggest move on an otherwise sleepy day for media and technology shares — after investors absorbed newly released global subscriber data. The stock surpassed $316, its highest level in three weeks, before closing at $315.48 on heavier-than-normal…

UPDATED with closing prices. Disney stock bucked an otherwise break-even Tuesday trading day as the tech issues that marred the Disney+ streaming debut seemed only to stoke investor interest. Shares in Disney led the Dow Jones Industrial Average higher, rising 1.5% to close at $138.74 on twice its normal trading…

Disney stock gained nearly 4% Friday after analysts issued upbeat reactions to the company’s quarterly earnings report and reiterated optimism about Disney+. The $7-a-month streaming service build on key brands like Marvel, Star Wars, Pixar and National Geographic launches at 12:01AM on Tuesday. In its fiscal fourth-qu…

Fox Corp. beat Wall Street’s estimates for its fiscal first quarter, with total revenue reaching $2.67 billion. Adjusted earnings per share of 80 cents beat analysts’ consensus estimate for 69 cents. Given the Disney-Fox deal, which closed in March, pure year-to-year comparisons are still a couple of quarters away. On…

Snapchat parent Snap Inc. has continued to gain momentum after stumbling badly in 2018, posting third-quarter results that exceeded Wall Street estimates for revenue and new subscribers. Total revenue of $446 million in the period rose 50% from the same quarter a year ago and beat analysts’ consensus forecast by more…

Shares in Netflix, which had lost $24 billion in value during nine consecutive trading days of decline, bounced back with a 3.5% gain on Wednesday. The stock closed at $317.94 on trading volume nearly twice the average level. The nine-session slump has been the longest losing streak for the company in five…

UPDATED with closing stock price. Netflix shares dropped more than 10% Thursday, on heavy trading volume, as Wall Street analysts and investors took full measure of the streaming giant’s second-quarter subscriber buffering. In the wake of Wednesday’s significant undershooting of its own estimates for subscriber…

On a day when the Dow Jones Industrial Average broke the 27,000-point barrier and most media and tech shares posted modest gains, Chicken Soup for the Soul Entertainment shares fell nearly 6% to close at $7.16. The stock price is close to an all-time low for the nearly two years since the streaming-oriented media…

Roku’s stock price jumped 28% Thursday to close at a record of $83.17, a day after the company reported stellar results for the first quarter. The streaming specialist, which went public in the fall of 2017, posted stronger-than-expected revenue on Wednesday as well as sharp increases in streaming time and active…