Entertainment services provider Netflix (NFLX) recently reported first-quarter earnings of $3.53 per share, beating the consensus estimate by 22.1% and its own guidance by 23.4%. However, EPS declined 5.9% year-over-year. The streaming giant lost 200,000 paid subscribers in the quarter, missing its guidance of 2.5 million subscriber growth. Growing competition, account sharing, high inflation, and […]

Thanks to remote lifestyles, the video gaming industry has achieved significant growth since the onset of the COVID-19 pandemic. With changing lifestyles, the sheer convenience and engaging content of video games should help companies in this space witness strong user demand in the near term. Goldman Sachs Research’s video games analyst, Chris Merwin, said, “Major […]

The Internet of Things (IoT) refers to connecting devices to the internet. In this digital era, the IoT market is expanding rapidly with its growing usage in devices ranging from ordinary household items to sophisticated industrial tools. Definitively, any device that is standalone and can be connected to the internet for monitoring or controlling from […]