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FAANG Report: Netflix sets Halloween lineup for October; time to buy Amazon after retreat from $1 trillion?

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Netflix Inc (NASDAQ:NFLX) has recently released a full list of Halloween-themed movies that will be available on the streaming service throughout the month of October, a report by Pop Culture said.

The list includes “The Shining” from 1980, made famous by Jack Nicholson turning into a homicidal maniac. There is also the Netflix original “Creeped Out,” in what the report calls a modern-day ‘Are You Afraid of the Dark?’ meets ‘Black Mirror’ kids anthology series that depicts creepy tales and ends with a lesson.

The series is linked together by a masked ‘story collector’ called The Curious who appears in each episode. 

Netflix stock added 2.9% to $371.65.

Amazon.com Inc’s (NASDAQ:AMZN) stock has retreated since scaling a value of $1 trillion in September and it may be time to buy the tip on the world’s biggest retailer, a fund manager said in a report by Forbes.

Wayne Himelsein said the trend in the month so far is that in nine of the 14 trading days, the stock was had been down so the trend should be a friend of the investor.

“For that reason, I would be inclined to see the dip as an opportunity and be a buyer down to the $1,900 level,” he said.

Amazon stock slipped 0.02% to $1,914.61.

FAANG Report: Netflix show to feature star of Crazy Rich Asians

The CEO of Alphabet Inc’s Google (NASDAQ:GOOG), Sundar Pichai, said the search giant does not “bias our products to favor any political agenda,” a report in Mashable said.

“Recent news stories reference an internal email to suggest that we would compromise the integrity of our Sear results for a political end. This is absolutely false,” said Pichai.

Google has come under fire from the Trump administration to regulators in Europe, where it is embroiled in controversy over the ‘right to be forgotten.’

Google shares were went up 0.3% to $1,169.50.

Apple Inc (NASDAQ:AAPL) is estimated to make around $134 more profit per phone on the 512 GB models of the iPhone XS and iPhone XS Max, than the 64 GB base models, a report by 9 to 5 Mac said.

Apple charges a $350 premium for the 512 GB model, but the report claims that the jump in storage only costs Apple $132 in memory component costs. It said the higher-priced 512 GB tier means that Apple is making more money than ever on the highest-end models.

Higher-storage options are easy ways for Apple to push the profitability of its devices and it’s a tactic the company has exploited for many years. With the 2018 line, it has pushed even further down that path.

Apple stock rose 1.08% to $220.02.

FAANG Report: Google challenges EU on right to be forgotten

Macy’s is partnering with Facebook Inc (NASDAQ:FB) where the social media giant will bring nearly 150 e-commerce brands to “The Market@Macy’s” right on time for the Christmas selling season, a report by Forbes said.

This is a one-of-a-kind approach and helps emerging and established brands currently advertising on Facebook to be introduced to new audiences, the report said.

There will be a rotating selection of offerings. At one time, it may be apparel or accessories. At other times, customers may find beauty, decorative home items, stationery or gifts.

In other words, the concept is designed to entice customers to shop these shops often since there will be new surprises and new companies, the report said.

Facebook shares increased 0.8% to $164.22.

Story by ProactiveInvestors


Source: http://www.proactiveinvestors.com/companies/news/205564/faang-report-netflix-sets-halloween-lineup-for-october-time-to-buy-amazon-after-retreat-from-1-trillion-205564.html


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