Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Last Week Highlights: Netflix, Inc. (NFLX), Etsy Inc (ETSY) Hit Records

Last week, Netflix, Inc. (NASDAQ:NFLX) and Etsy Inc (NASDAQ:ETSY) hit records on the boards, Natalia Angulo reports on Fox Business Network.

According to Angulo, Netflix, Inc. (NASDAQ:NFLX) shares soared to a fresh high on Thursday as the company’s stock hit over $500 per share.

The company’s stock price was buoyed by better-than-expected quarterly results in terms of subscriber growth, the reporter notes, as Netflix, Inc. (NASDAQ:NFLX) reported a 22% rise in subscribers year-over-year.

That is precisely why Wall Street ignored a huge miss on Netflix, Inc. (NASDAQ:NFLX) earnings per share, according to Tuna Amobi, as industry observers put more emphasis on the company gaining more subscribers which puts it in a position to reap benefits mainly in the form of revenue starting next year and beyond.

Netflix, is NFLX a good stock to buy, NASDAQ:NFLX, Etsy, is ETSY a good stock to buy, NASDAQ:ETSY, NASDAQ:INTC, NASDAQ:EBAY, NASDAQ:AMZN, NYSE:AXP, NASDAQ:GOOGL, Natalia Angulo

Meanwhile, Etsy Inc (NASDAQ:ETSY) made its market debut on Thursday, according to Angulo.

Shares of Etsy Inc (NASDAQ:ETSY), a Brooklyn-based competitor to, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY), more than doubled on its initial public offering day, she adds.

Angulo also reveals that Etsy Inc (NASDAQ:ETSY) had 1.4 million sellers and nearly 20 million buyers as of December, 2014. The online marketplace specializing in handmade, vintage and specialized items is expected to grow about 17% in three years.

Meanwhile, apart from Etsy Inc (NASDAQ:ETSY) and the entertainment content streaming firm Netflix, Angulo also says that Intel Corporation (NASDAQ:INTC) reported mixed results for this year’s first quarter.

The chip giant missed consensus on revenue, the reporter notes, which the company attributed to weak demand in the personal computer market.

Angulo also discussed American Express Company (NYSE:AXP) which she says posted a better-than-expected profit growth in the first quarter of 2015. The result of the company’s latest quarter was boosted by a rise in spending by U.S. consumers.

Another highlight of last week, according to the Fox Business Network reporter, is the European Union’s lawsuit against Google Inc (NASDAQ:GOOGL) over alleged antitrust violations. Last week, we reported how Margarethe Vestager, the EU’s antitrust commissioner and the woman leading the legal war against the Silicon Valley icon, praised the internet giant for its success while maintaining that the lawsuit has sound legal bases, unlike what Jim Cramer suggest one should believe.

Carl Icahn’s Icahn Capital LP owned about 1.41 million Netflix, Inc. (NASDAQ:NFLX) shares by the end of the last quarter of 2014.

I just made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said ‘I lost money by EXACTLY following your stock picks’. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!