Oracle, Nvidia and Other Big Tech Stocks Jump on Trump’s Stargate AI Initiative

President Trump is planning to announce major AI infrastructure investments, signaling a willingness to work alongside large technology companies Will the new presidential administration play nice with large technology companies? For now, it looks like there are some warm feelings – with President Donald Trump reportedly planning to announce a major investment in artificial-intelligence infrastructure, and OpenAI, SoftBank Group Corp. (JP:9984) (SFTBY) and Oracle Corp. (ORCL) planning to create a joint venture called Stargate that will be focused on data-center and other infrastructure projects. The companies reportedly plan to put $100 billion into the initiative to start, with plans to get that up to $500 billion over four years, according to CBS News. SoftBank has already pledged $100 billion over four years. Other companies yet to be named may join Stargate down the road. An industry source confirmed with MarketWatch the planned Stargate announcement and an event to take place […]

Oracle, Nvidia and Other Big Tech Stocks Jump on Trump’s Stargate AI Initiative Read Post »

Nvidia Poised for Strong Quarterly Results, UBS Says

Nvidia (NVDA) is likely to post strong fiscal fourth-quarter results, despite certain concerns that have lingered since its last quarterly report, UBS Securities said in a note e-mailed Tuesday. The chip-making giant is scheduled to report fourth-quarter results Feb. 26. In November, its third-quarter earnings more than doubled year over year as demand for generative artificial intelligence propelled revenue above Wall Street’s estimates. “(Nvidia) has essentially tread water since last earnings, in part due to supply chain noise and concerns around the ramp of Blackwell server racks,” UBS analysts Timothy Arcuri and Grant Joslin said. UBS projects Nvidia’s fourth-quarter adjusted earnings at $0.95 a share on revenue of $42.15 billion. The Street is looking for $0.84 and $37.97 billion, respectively, according to UBS. The brokerage sees revenue from the Blackwell gen AI system at about $9 billion, up from its prior outlook of $5 billion, with the potential to reach

Nvidia Poised for Strong Quarterly Results, UBS Says Read Post »

Microsoft’s Second-Quarter Revenue Showing Upside Potential, BofA Says

Microsoft’s (MSFT) cloud migration deals and contribution from artificial intelligence could help push fiscal second-quarter revenue above expectations, BofA Securities said on Tuesday. The brokerage reiterated a buy rating and $510 price target on the stock. The technology giant is scheduled to report second-quarter results on Jan. 29. Upside of up to 1% could be at play for BofA Securities’ revenue estimate of $68.6 billion, which implies year-over-year growth of about 10% at constant currencies, according to the research note. The consensus on FactSet is for revenue of $68.9 billion. Industry conversations suggested “solid, stable Azure activity led by cloud migration deals” and momentum within Microsoft 365’s AI-powered tool Copilot, according to analyst Brad Sills. The latter could spur upgrade cycles for Microsoft’s E3 and E5 enterprise plans, with companies needing to adopt necessary security features, he said. The momentum could drive 11% year-over-year growth in Microsoft’s productivity and business

Microsoft’s Second-Quarter Revenue Showing Upside Potential, BofA Says Read Post »

Netflix Raises U.S. Prices, Reports Jump in New Subscribers

Netflix is raising prices across its existing U.S. plans, aiming to capitalize on surging demand after the streaming service posted sharp subscriber gains in the fourth quarter. The company’s ad-supported tier will cost $7.99 a month, up from $6.99, while the cost of the premium tier is increasing by $2, to $24.99. Netflix said Tuesday that it brought in 18.9 million new subscribers in the fourth quarter, a 44% jump from a year earlier, and raised its 2025 revenue guidance slightly. The company reported revenue of $10.25 billion for the latest quarter, beating its own projection of $10.1 billion. In the fall, the streamer raised prices in Italy and Spain, and on Tuesday Netflix said it would raise prices on most of its plans in the U.S., Canada, Argentina and Portugal. Netflix last raised prices in the U.S. in October 2023. Netflix increased its annual revenue projection to between $43.5

Netflix Raises U.S. Prices, Reports Jump in New Subscribers Read Post »

Netflix Beats Earnings. The Stock Is Rising

Netflix reported better-than-expected earnings results Tuesday afternoon. Its shares rose in after-hours trading. The streaming video provider reported fourth-quarter earnings per share of $4.27, compared to Wall Street’s consensus estimate of $4.21, according to FactSet. Revenue for the quarter reached $10.25 billion, which was above analysts’ expectations of $10.1 billion. Netflix stock rose as much as 10% in late trading following the release. This is breaking news. Read a preview of Netflix earnings below and check back for more analysis soon. Wall Street is expecting strong results from Netflix, reasoning that a robust slate of recent original shows and live events has encouraged people to sign up. For the fourth quarter, the analyst consensus is for the company to report revenue of $10.1 billion with earnings per share of $4.21. The Street has penciled in a net gain of 9.8 million paid subscriptions. Analysts expect EPS of $5.97 and $10.5

Netflix Beats Earnings. The Stock Is Rising Read Post »

Netflix Crushes Subscriber Expectations While Cheering Success in Sports

Netflix earnings showed the that company hauled in nearly double the amount of new members that Wall Street was expecting for the fourth quarter Netflix Inc. trounced Wall Street’s subscriber expectations for the holiday quarter – just as it prepares to do away with the metric. The company reported 18.9 million paid net additions for the fourth quarter. Analysts tracked by FactSet were anticipating 9.77 million. Netflix (NFLX) called out success in live programming, including with its Jake Paul-Mike Tyson boxing match and NFL Christmas slate. “Although our live programming will likely be a small percentage of our total view hours and content expense, we think the eventized nature will result in outsized value to both our members and our business.” This is breaking news. Check back for updates. The following is a preview published before earnings were released. It’s the end of an era for Netflix, which has said

Netflix Crushes Subscriber Expectations While Cheering Success in Sports Read Post »

Netflix Looks to Stream ‘Can’t Miss’ Events

Netflix has been foraying into live sports with a recent slate that included the Jake Paul-Mike Tyson boxing match and NFL on Christmas Day. Looking ahead, though, the streamer says it isn’t focused on acquiring the rights to large, regular-season sports packages. “Rather, our live strategy is all about delivering can’t-miss, special event programming,” the company says. It plans to continue streaming live sports, such as FIFA’s Women’s World Cup in 2027 and 2031, and is interested in airing more comedy specials following the success of “The Roast of Tom Brady.” “Although our live programming will likely be a small percentage of our total view hours and content expense, we think the eventized nature will result in outsized value to both our members and our business,” it says.

Netflix Looks to Stream ‘Can’t Miss’ Events Read Post »

Netflix’s Ad Tech Platform to Better Monetize Customer Base

Netflix says a top priority in 2025 will be to improve its offering for advertisers in order to substantially grow its advertising revenue. The streaming giant launched its first-party ad tech platform–which the company says allows it to better deliver critical capabilities to advertisers including expanded programmatic availability, enhanced targeting and additional measurement and reporting–in Canada in November. It will expand the platform to its remaining ad countries this year, starting with the U.S. in April. The platform is benefiting from the popularity of the streamer’s ad-tier memberships, which accounted for over 55% of sign-ups in 4Q.

Netflix’s Ad Tech Platform to Better Monetize Customer Base Read Post »

Netflix Q4 Earnings, Revenue Rise; Sets Q1 Outlook

Netflix (NFLX) reported Q4 earnings late Tuesday of $4.27 per diluted share, up from $2.11 a year earlier. Analysts polled by FactSet expected $4.21. Revenue for the quarter ended Dec. 31 was $10.25 billion, up from $8.83 billion a year earlier. Analysts surveyed by FactSet expected $10.11 billion. The company expects Q1 diluted EPS of $5.58 on revenue of $10.42 billion. Analysts polled by FactSet expect EPS of $5.97 on revenue of $10.49 billion. Shares of the company were up 14% in recent after-hours activity.

Netflix Q4 Earnings, Revenue Rise; Sets Q1 Outlook Read Post »

Netflix Q4 Earnings: Record Subscribers, NFL, ‘Squid Game’ Push Past ‘Highest Expectations’

Streaming leader Netflix Inc (NASDAQ:NFLX) reported fourth-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Netflix reported fourth-quarter revenue of $10.25 billion, up 16% year-over-year. The revenue total beat a Street consensus estimate of $10.11 billion according to data from Benzinga Pro. The company reported earnings per share of $4.27 for the quarter, beating a Street consensus estimate of $4.19. Netflix reported it added 18.91 million paid subscribers in the fiscal quarter, up 15.9% year-over-year. The company ended the quarter with 301.63 million paid subscribers. Average revenue per member was a up 1% year-over-year in the quarter. “Our Q4 slate outperformed even our highest expectations,” the company said. Highlights cited by the company included a second season of “Squid Game,” “Carry-On,” the Jake Paul vs. Mike Tyson boxing match and the NFL Christmas Day games. Operating income topped $10 billion for the first time in company history for

Netflix Q4 Earnings: Record Subscribers, NFL, ‘Squid Game’ Push Past ‘Highest Expectations’ Read Post »

Netflix Tops Fourth-Quarter Views as Streamer Adds Record Subscribers

Netflix’s (NFLX) fourth-quarter results exceeded estimates as the streaming giant reported a record addition of new subscribers. Revenue increased 16% year-over-year to $10.25 billion, topping the consensus on FactSet for $10.11 billion. Per-share earnings climbed to $4.27 from $2.11 a year earlier, higher than the Street’s $4.21 GAAP view. Netflix’s global paid net additions totaled 18.91 million in the fourth quarter, well above consensus of 10.18 million. The company a year earlier reported net additions of 13.12 million. Netflix’s shares were up 13% in after-hours trade. “Membership growth was driven by broad strength across our content slate, improved product/market fit across all regions and typical (fourth-quarter) seasonality,” the streaming service said in a letter to shareholders. The company said that growing advertising revenue will be a “top priority” in 2025. Having launched a first party ad tech platform in Canada late last year, Netflix plans to roll out a similar

Netflix Tops Fourth-Quarter Views as Streamer Adds Record Subscribers Read Post »

California Wildfires Won’t Cause ‘Meaningful Disruptions’ to Netflix

Netflix Co-Chief Executive Ted Sarandos says on a call with analysts that the wildfires in Southern California won’t cause any meaningful disruptions to the streaming giant’s Los Angeles-based productions or cash-content spending in 2025. He says the company’s goal is to keep productions on schedule, while aiding relief efforts and being mindful of those who need time to work through the challenges of the fires. “This industry has been through a really tough couple of years, starting with Covid, going into the strikes and now this,” he says. “So it’s really important that we try not to delay anything and try to make sure that these jobs stay safe.” Shares jump 14% on surging demand and sharp subscriber gains in 4Q.

California Wildfires Won’t Cause ‘Meaningful Disruptions’ to Netflix Read Post »

Scroll to Top