Tag: Wall Street

  • Wall Street on track as AI bull takes Mumbai local in bold fintech ad

    Wall Street on track as AI bull takes Mumbai local in bold fintech ad

    MUMBAI: What happens when Wall Street meets a Mumbai local? You get a bullish ride straight into the heart of India’s investing aspirations powered entirely by artificial intelligence. Appreciate, India’s digital-first platform for investing in US-listed stocks and ETFs, has launched “Wall Street Express,” a first-of-its-kind GenAI campaign that reimagines fintech storytelling with cinematic flair and cultural familiarity.

    At the centre of this visually striking 50-second film is a bespectacled stock market bull, yes, a literal one who boards a packed Mumbai local, navigating the everyday hustle of Indian investors before stepping off onto Wall Street, smartphone in hoof, ready to trade via the Appreciate app. The campaign cleverly symbolises the psychological journey from doubt to confidence, from gully to global, turning the mundane commute into a metaphor for financial empowerment.

    “We realised the biggest barrier to global investing for Indians isn’t access, it’s mindset,” said Appreciate VP marketing, Ayush Kumar. “Our platform lets people invest with as little as Rs 1 and the lowest brokerage. But it’s about belonging. ‘Wall Street Express’ says your pincode shouldn’t limit your portfolio.”

    Rather than peddling features, Appreciate focuses on feeling. Set against the backdrop of India’s most iconic train system, the campaign taps into the cultural memory of millions while nudging them toward international investing not with jargon, but with aspiration.

    “This AI-generated bull is our everyday hero,” added Netflix head of content Anand Nair. “He dreams, he reads the paper, and he invests. GenAI helped us sidestep uncanny visuals and deliver Pixar-level relatability, minus the fluff.”

    The campaign marks a watershed in fintech advertising replacing pitch decks with poetic metaphors, dashboards with destination boards. It’s not just about making Wall Street accessible, it’s about making it feel native.

    Already generating online buzz, the film reflects a broader shift in how fintech brands are connecting with India’s digital-native, urban millennials blending emotion with innovation, and relatability with disruption.

    Because sometimes, the most powerful financial journeys begin not with a leap of faith, but a train ride from Churchgate to the charging bull.

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  • Netflix raises US prices for the first time since 2017

    Netflix raises US prices for the first time since 2017

    MUMBAI: Is Netflix feeling the heat of well-funded competitors? The king of OTT platforms is increasing its US prices for the first time since 2017. The hike in subscription rate will be applied also to subscribers in Latin American and the Caribbean, where Netflix bills in US dollars. The move comes at a time when Disney is gearing up for its streaming service launch and NBC has just entered the market.

    The move is aimed at easing a large, debt-fueled investment in new films, series and documentaries this year. According to media reports, company executives are looking for more money to pay escalating content bills.

    The most popular subscription plan will see largest hike costing $13 a month, up from $11. Despite the hike, it costs lesser than HBO, whose streaming service charges $15 per month. The cheapest subscription will run $8.99, up from $7.99. The change in subscription will be effective for new customers immediately and for existing customers it will be rolled out during the next three months.

    “We change pricing from time to time as we continue investing in great entertainment and improving the overall Netflix experience,” the company said in a statement.

    Wall Street put its faith on the move as the company’s stock surged $21.70 to finish at $354.64 on Tuesday, its highest closing price in nearly three months. It shows that investors believe the price increase won’t significantly slowdown Netflix’s subscriber growth.

  • Netflix shares sink after it misses Q2 subscriber growth expectations

    Netflix shares sink after it misses Q2 subscriber growth expectations

    MUMBAI: Making some analysts’ prediction true, Netflix could not live up to its second-quarter earnings expectations. The streaming video giant added 5.15 million subscribers worldwide compared to the expectation of 6.2 million new subscribers. Following the result, the company’s stock fell down 14 per cent.

    In the domestic market of the US, the company added 670,000 subscribers while in international market it signed up 4.47 million subscribers. For domestic market Wall Street analysts expected 1.23 million net adds and 5.11 million overseas for the period. Now, the fear has risen that the company’s rapid growth is slowing down. Despite missing the expectation in terms of subscriber growth, it beat earnings expectations of $0.79 per share by reporting $0.85 EPS for the quarter.

    “Investors are devastated by Netflix’s Q2 projection that went down in dramatic flames. Now future projections are suspect and that decimates valuation,” private equity firm Patriarch’s CEO Eric Schiffer said as quoted by Reuters.

    “We had a strong but not stellar Q2,” Netflix said in a quarterly letter to shareholders. “This Q2, we over-forecasted global net additions… as acquisition growth was slightly lower than we projected,” the company added. Netflix CEO Reed Hastings said median viewing hours was growing but without sharing any specifics.

    Though Netflix is leading the market globally, competitors including Amazon, Hulu, and Apple are also gaining foothold in the market making things tougher for the company. The deal between AT&T and Times Warner is also an indication of increased competition for the platform. Even in India, from where Netflix targets to add a huge number of subscribers, its international rival Amazon and players like Hotstar, Voot, ALTBalaji have strong foothold in the market.

    “We’ve seen this movie of Q2 [subscriber net adds] shortfall before, about two years ago in 2016 — and we never did find the explanation to that, other than there’s some lumpiness in the business,” Netflix CEO Reed Hastings said adding that the company continued to perform after that also.

  • Disney Q1 net profit grows on DVD sales

    MUMBAI: US media conglomerate Disney blew past Wall Street expectations as it reported strong first quarter earnings on gains from the sale of its shares in US Weekly magazine and the E! Entertainment channel.

    Even without the one-time gains, which boosted earnings by 29 cents per share, the media conglomerate beat analyst forecasts by 11 cents per share on strong performance from sales of DVDs, including Pirates of the Caribbean: Dead Man’s Chest.

    In the quarter ended 30 December 2006, Disney earned $1.7 billion, or 79 cents a share, which includes a gain of 39 cents a share from the sale of Disney’s stake in E! Networks and Us Weekly. Excluding the gains, the earnings did top analyst estimates of 39 cents a share.

    Quarterly revenues were $9.73 billion, driven by DVD sales of Pirates of the Caribbean: Dead Man’s Chest, Cars and High School Musical along with strong results from ABC and ESPN.

    Net income rose from $734 million in the first quarter last year to $1.7 billion. Revenue grew 10 per cent to $9.7 billion. Disney CEO Bob Iger said, “These results are particularly gratifying given the great year we had in 2006 and are another clear sign our strategy is driving growth and creating shareholder value.”

  • CTV and Bell Canada launch mobile video news services

    CTV and Bell Canada launch mobile video news services

    MUMBAI: CTV Inc. and Bell Canada has announced the launch of two new made-for-mobile video news services for CTV News and Report on Business Television (ROBTv).

    Bell Mobility customers can now access video news package available in Canada along with the country’s
    first-ever business-only news reports directly on their video-capable handsets. Canada’s newscasts are now available 24 hours a day on television, online, and now wirelessly through Bell.

    CTV News and ROBTv mobile video news service complements other Bell Mobility TV services, which includes NHL highlights, news, weather, sports and entertainment content.

    In an official statement, the Bell Mobility customers will receive CTV News, which is a three-minute branded newscast updated hourly throughout the day, making it the most current mobile newscast available in Canada. For Canadians, it’s a solution that offers unfettered and up-to-date access to the day’s breaking news stories and beyond.

    The ROBTv mobile news service is the first mobile content dedicated exclusively to business news. Available only from Bell Mobility, ROBTv’s packaged business news wrap will be updated hourly, delivering the ongoing stories of the day from Bay Street to Wall Street and beyond.

    The mobile reports will also include analyst ratings, Stars and Dogs Picks and exclusive interviews with the business newsmakers of the day. It’s the must- have mobile video news service for business minded Canadians.

    “The mandate of the CTV News division is to deliver meaningful and comprehensive news reports in a timely fashion,” said CTV News president Robert Hurst. “With Bell Mobility, we now have a mobile strategy that showcases our leading news services and ensures Canadians can stay connected to the
    critical news of the day.”

    “Extending CTV’s news and business content onto a mobile platform only made sense if we could deliver value to the consumer,” said CTV VP digital media Kris Faibish. “Working with Bell Mobility, the opportunity to deliver hourly news and business wraps, something no other broadcaster provides, delivers that value and provides the perfect entry point for CTV News on mobile.”

    Bell’s streaming video clip service is currently available on the EV-DO enabled Samsung a920 and the Sanyo 8300 and 7500, and a downloadable news video clip service is available on the Motorola E815 and RAZRV3c, states the official release.