From NASDAQ.:



According to Nielsen, Amazon Prime is now the most popular streaming service in the United States, surpassing Disney+ and Hulu. This could have implications for the stocks of both Amazon and Walt Disney. The data suggests that most U.S. consumers are big fans of Prime and the information is bullish for Amazon, as Prime members are more likely to shop at Amazon.com. This is especially important as Amazon continues to grow its advertising business beyond e-commerce. On the other hand, the relative disinterest in Disney+ and the declining viewership of Hulu is a red flag for Walt Disney. Although it’s making efforts to cut costs and push its streaming business into profitability, the slowing growth of its streaming brands domestically and internationally, as well as slowing subscriber growth, is concerning. While Nielsen’s data is not a game-changing reason to own a stake in Amazon or reason to believe that Walt Disney is failing, it does provide valuable information about both companies. The conclusion drawn from the data is that the information strengthens Amazon’s bullish thesis and weakens the argument for owning Disney shares.



Original: Amazon Just Passed Walt Disney On an Important Front. Here’s What It Means For Both Stocks.