Netflix is a leading global entertainment service that provides streaming video content to millions of subscribers worldwide. The company offers a wide variety of films, television shows, documentaries, and original programming across various genres and languages, enabling users to watch content on-demand via multiple devices, including smartphones, tablets, smart TVs, and computers. Netflix continually invests in producing exclusive content and acquiring licensing rights to deliver a diverse catalog, aiming to enhance user experience and maintain its position as a dominant player in the digital streaming industry. Read More
Netflix Inc. tanked below its 200-day moving average this week – triggering concerns among technical traders. But widely followed investor, Josh Brown, remains constructive on the streamer for the long term.
Stocks surged higher on a cooler-than-expected inflation reading and a pending interest rate cut; next week big tech earnings may power stocks even higher
Netflix is closing its mobile game studio Boss Fight Entertainment, creator of Squid Game: Unleashed, as part of a strategic shift toward narrative, party, kids, and mainstream games, while keeping existing titles live and continuing to focus on revenue diversification through subscriptions and advertising.
Anticipation Builds for Monetary Easing Amid Economic Headwinds
The financial markets are abuzz with fervent anticipation as the Federal Reserve is widely expected to enact another interest rate cut at its upcoming Federal Open Market Committee (FOMC) meeting on October 28-29, 2025. This potential move, following a prior reduction in
The Trump administration has a preference for who will own Warner Bros. Discovery. Will a close relationship with the president help one company beat other bidders?
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 4.1% in the afternoon session after JP Morgan raised its price target on the stock, while broader positive sentiment also lifted financial technology companies. The investment bank maintained its Neutral rating on SoFi but increased its price target to $26.00 from $24.00. The stock also appeared to benefit from a wider rally among its peers. This positive mood in the sector was helped by reports from large banks, like JPMorgan and Bank of America, which showed that consumers continued to spend on their credit and debit cards, suggesting loan demand remained healthy. Furthermore, softer-than-expected inflation data raised hopes that the Federal Reserve would soon cut interest rates. A lower interest rate environment could spur more demand for SoFi's personal and consumer loans.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 5.5% in the afternoon session after several analysts raised their price targets for the company, citing its improving financial health. Specifically, analysts from Northland Securities, Needham, and Deutsche Bank all reiterated their "buy" ratings on the stock and increased their price targets to $16. This confidence appeared to be rooted in the company's strong performance metrics. Planet Labs recorded superb annual revenue growth of 22.3% over the last five years, indicating it gained market share. Furthermore, the company's free cash flow profile moved into positive territory during that period, a key sign that it achieved financial self-sustainability.
Shares of automation software company UiPath (NYSE:PATH) jumped 8.4% in the afternoon session after the stock's positive momentum continued as UBS upgraded the company's stock from Sell to Neutral and raised its price target.
Salesforce, Inc. (NYSE: CRM) chart is rebuilding with 19% expected growth in December. IBM reported 9% revenue growth, while Netflix reported 17.2% revenue growth in Q3. Las Vegas Sands also beat estimates.
