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Netflix Inc. (Nasdaq: NFLX) stock has posted tremendous gains in the last year, up nearly 227%. NFLX stock currently trades just over $338, after reaching an all-time high of more than $380 in December.
The key to its next big breakthrough was presented at the Consumer Electronics Show 2014 last week.
The new "4K" ultra-high-definition technology stole the show, and companies like Netflix are starting to create content to fit this new technology.
Money Morning's Defense & Tech Specialist Michael Robinson joined FOX Business' "Varney & Co." today (Tuesday) and discussed how NFLX can remain a major player with this new 4K technology:
It seems like every day a new retailer announces that it will begin accepting Bitcoin. But that rising interest in the virtual currency isn't as puzzling as it seems. Here's why Bitcoin users are becoming so important to businesses now.