Netfilx Slumps As Apple Enter Talks With Comcast
March 25, 2014 12:55 pmVideo
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March 25, 2014 – Stock Market News
Today’s Hot Asset – Netflix
Stocks in Europe are currently trading higher, as we reach the middle stages of today’s session. There was some negative regional data released earlier in the session. However, this was not enough to change investors’ minds, as they were in a positive mood due to the news regarding China’s stimulus policy.
Stocks in Asia traded lower in contrast to yesterday’s session. Investors in Asia were extremely nervous after seeing the losses that were produced on Wall Street overnight. This anxiety amongst investors deterred them away from riskier assets such as equities causing them to drop. This movement was great for binary options investors creating many put options.
Stocks in the U.S. look set to open trading higher today. Investors will already know the rumors regarding the Chinese stimulus policy and this should give them confidence. However, there is some key regional data due to be released later in the session and this could alter things.
Today’s hot asset is, Netflix. Yesterday investors noticed the price of Netflix shares plummet, following the news that Apple are in talks with Comcast to allow users of its Apple TV product to be able to stream Comcast TV. If the deal goes ahead it could detract a lot of investors away from Netflix making this asset very interesting viewing at the moment.
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