Netflix

What are the FAANG stocks?

Facebook, Amazon, Apple, Netflix and Google parent Alphabet are known for explosive growth and market dominance.

Who created Netflix?

The idea first came to Reed Hastings in 1997 after he was charged a late fee when returning overdue videocassette movie rentals.

Netflix to raise $1B to fund original content

Netflix plans to use some of the cash to acquire content and for possible acquisitions, positioning itself as major U.S. studios halt productions and delay film releases due to the coronavirus-led lockdowns.