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Benzinga

Business

Henry Khederian

Why FuboTV Shares Are Falling Following Netflix's Earnings Report

Netflix fuboTV FuboTV Inc Nasdaq NYSE

Several notable names in the streaming and entertainment sector, including Fubotv Inc (NYSE:FUBO), are trading lower in sympathy with Netflix Inc (NASDAQ:NFLX) after the company reported first-quarter earnings results and guided for a decline in global streaming paid memberships.

Netflix reported quarterly earnings of $3.53 per share which beat the analyst consensus estimate of $2.90. Netflix also reported quarterly sales of $7.87 billion which missed the analyst consensus estimate of $7.93 billion by 1%.

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Top stories on inkl right now

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

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Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Trade unionists, teachers, public sector workers and parents’ groups are expected to join students in marches nationwide

The Guardian - UK

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Top stories on inkl right now

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Trade unionists, teachers, public sector workers and parents’ groups are expected to join students in marches nationwide

The Guardian - UK

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How ‘technoference’ can disrupt parent-child connections

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Holding Lightning by Emily Lordi review – an intimate portrait of Whitney Houston

An empathetic biography of the the singer recasts her tumultuous later career as a triumph of self-expression

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Brian May says Queen are retiring from live tours: ‘Maybe 50 years is enough’

Rock guitarist suggested creating an interactive experience for fans similar to the ‘Abba Voyage’ show

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More Than 37,000 Squishy Toys Recalled as Water Beads Inside Can Swell in a Child and Evade X-Rays

About 37,480 squishy toys with water beads are recalled. Learn the warning signs of ingestion and why X-rays may miss swallowed beads.

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