With prescient clairvoyance, Bill Gates predicted the recent rise of Facebook and Netflix.

Monica McNeil

2017-02-07 07:47:00 Tue ET

With prescient clairvoyance, Bill Gates predicted the recent sustainable rise of Netflix and Facebook during a Playboy interview back in 1994.

He said that in the age of information technology, everyone should be able to both access and share visual content such as text and video on demand within the virtual network infrastructure.

Today Netflix offers live-streaming TV programs and movies on demand.

Facebook orchestrates and optimizes algorithmic newsfeed customization on its social network platform.

Netflix and Facebook now represent the first and third of the tech giants that form the catchy acronym FANG with superior stock return performance.

In fact, Gates correctly predicted in his book, Business at the Speed of Thought, the inevitable emergence of Palm PCs such as iPhones, iPads, and many other smart phones and tablets in today's digital open society.


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JPMorgan Chase CEO says President Trump has now awaken the animal spirits in U.S. stocks.

Dan Rochefort

2017-02-13 09:35:00 Monday ET

JPMorgan Chase CEO says President Trump has now awaken the animal spirits in U.S. stocks.

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Warren Buffett warns that the current cap ratio of U.S. stock market capitalization to real GDP seems to be much higher than the long-run average benchmark.

James Campbell

2019-08-24 14:38:00 Saturday ET

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President Trump seeks to honor his campaign promise of lower U.S. medical costs by forcing higher big-pharma prices in foreign countries.

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2018-05-07 07:32:00 Monday ET

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Joel Mokyr suggests that economic growth arises from a change in cultural beliefs toward technological progress.

John Fourier

2023-11-07 11:31:00 Tuesday ET

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We share famous inspirational stock market quotes by Warren Buffett, Peter Lynch, Benjamin Graham, and several others.

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2018-08-31 08:42:00 Friday ET

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Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fundamental analysis of Oracle (U.S. stock symbol: $ORCL).

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2025-10-02 12:31:00 Thursday ET

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