Business and Finance News - 11.19.24

Author

Skool Projekt Staff
November 19, 2024

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Good Morning, Students!

 

Question of the day: What economic challenges do streaming platforms face when hosting high-demand live events, and how can these impact their long-term success?

 

A key to this is the trade-off between high demand and infrastructure readiness in streaming services. While the record-breaking 65 million concurrent streams demonstrate the lucrative potential of live-streaming major events, the significant streaming issues highlight a critical limitation: infrastructure scalability. Companies need to balance aggressive marketing and audience acquisition with investments in robust streaming technology to ensure a seamless user experience.

 

Failure to address these technical challenges can damage brand reputation, increase customer dissatisfaction, and result in lost opportunities for future events. For Netflix, this may also translate into financial repercussions, including refunds, churned subscriptions, or increased competition from better-prepared rivals. But we have to remember, we are still very early in Netflix’s foray into live sports. This just highlights the growing pains of streaming platforms as they navigate the challenges of scaling live sports broadcasting.

 

-Mr. Projekts

 

*Have a question? Submit it to [email protected].

 

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TOP STORIES

 

*Nvidia (NVDA) - Nvidia Corporation is a leading technology company specializing in designing and manufacturing graphics processing units (GPUs) and related technologies for gaming, professional visualization, data centers, and automotive markets.

 

*Amazon (AMZN) - Amazon is a multinational technology and e-commerce company based in the United States, known for its vast online retail platform, cloud computing services through Amazon Web Services (AWS), digital streaming services, and artificial intelligence innovations.

*SpaceX - SpaceX, founded in 2002 by Elon Musk, is an American aerospace manufacturer and space transport services company. It designs, manufactures, and launches advanced rockets and spacecraft, including the Falcon and Starship series.

 

*Spirit Airlines (SAVE) - Spirit Airlines is a low-cost airline based in the United States. The company primarily operates as an ultra-low-cost carrier, offering budget-friendly fares by charging separately for various services that are often included in the ticket price by other airlines.

*NBA - The NBA (National Basketball Association) is a professional basketball league in North America, consisting of 30 teams divided between the Eastern and Western Conferences.

*Warner Bros. Discovery (WBD) - Warner Bros. Discovery is a global media and entertainment company that creates, produces, and distributes a wide range of content across multiple platforms.

 

THE MARKETS

Here’s how the major indexes did yesterday:

Here’s how leading market ETFs did yesterday:

Here’s how The Magnificent Seven did yesterday:

Here’s how the major cryptocurrencies did yesterday:

 

Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices. 

 

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