In the third quarter, Netflix generated revenue that climbed 17% year over year to $11.5 billion, driving its adjusted earnings per share (EPS) up 27% to $6.87. Management expects its growth streak to continue. Netflix is guiding for fourth-quarter revenue of $11.96 billion, resulting in EPS of $5.45, an increase of 28%.

Wall Street reacted Friday to Netflix's megadeal to acquire Warner Bros., with shares in WBD rising, Netflix's falling, and Paramount taking a hit.

Downgrading his rating on Netflix shares from "buy" to "hold," Pivotal Research Group analyst Jeff Wlodarczak says the megadeal reflects its concern that short-form is "is doing to streaming what streaming has done to traditional TV.

Netflix, O'Reilly Automotive, Lucid Group, Fastenal, and Interactive Brokers -- can skyrocket in the new year, if the loftiest analyst price targets prove accurate.

When The Wall Street Journal reported on Netflix’s preliminary deal with Warner Bros., it led with Netflix’s now famous origin story: “A $40 late fee on a Blockbuster Video rental led to the creation of the company that has swallowed Hollywood.” And so begins Netflix’s founding story, a narrative that has stuck for nearly 30 years.

Wedbush says Tesla market cap will hit $2T next year. ServiceNow slumps on deal report. Netflix leadership seeks to assuage deal worries.