Author: iannouncethis.com
Netflix NFLX, +2.31% was downgraded to neutral from buy at Citi, which kept a $500 price target on the streaming giant. “First, we believe 2024 revenue estimates may be a tad too high. Second, we see scope for 2025 content investments to exceed Street estimates. Third, we cannot rule out potential acquisitions,” said analysts led by Jason Bazinet. Netflix’s stock has climbed 48% over the last 52 weeks, though it’s slipped marginally this year. Source link
117.32 The current reading of the Investopedia Anxiety Index is above neutral, indicating a higher level of anxiety. What the Index Shows The Investopedia Anxiety Index (IAI) is a gauge of investor sentiment based on the behavior of tens of millions of Investopedia readers around the world. A reading of 100 is considered “neutral.” The IAI is driven by reader interest on Investopedia across three categories of topics: macroeconomic (such as inflation and deflation), negative market sentiment (such as short selling and volatility), and debt/credit (such as default, solvency, and bankruptcy). Background on the Index In 2012, Seth Steven-Davidowitz published…
Amid the ongoing FTX bankruptcy scandal, the crypto exchange has launched a review of its global assets. FTX owes billions to its creditors. #FTX #Scandal #WION About Channel: WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics…
Hispanolistic Penske Automotive Group, Inc (NYSE:PAG) has an impressive history of delivering results for shareholders. PAG has outperformed the S&P 500 over the past 1, 3, 5, 10, 15, and 20 year trailing periods. Over the past 10 years, PAG has delivered a total return of 332% compared to a total return of 210% delivered by the S&P 500. This outperformance has been driven primarily by earnings growth as the stock’s P/E ratio has generally moved lower over-time and is currently trading well below its long-run historical average. Currently, PAG is rated a Hold by Seeking Alpha and Wall Street…
Tenants will be able to request their council carry out a property check if they are perturbed by the state of their home, the Mayor of Greater Manchester Andy Burnham has pledged. Burnham was speaking to BBC Radio Manchester ahead of a public consultation on the ‘Greater Manchester Good Landlord Charter’, which he said would help renters distinguish between accredited landlords and those who aren’t paying to keep their homes in good order. He said the city would “not accept this whole culture of landlords sometimes taking money through the benefits system, public money, and then not putting a penny…
American Eagle Outfitters Inc.’s stock AEO, -2.89% rose 4.1% in premarket trading on Monday after the clothing retailer said it’s raising its fourth-quarter outlook to a gain of low double digits, following a successful holiday season. The company now expects operating profit of about $130 million, up from previous guidance of $105 to $115 million. Analysts were expecting operating income of $113 million, according to FactSet consensus estimates. “The improved outlook is a result of record holiday sales and strong merchandise margins,” the company said. Source link
It’s much easier to invest in a publicly traded firm rather than a privately held company. Public companies can easily be bought and sold on the stock market, especially larger ones. They have superior liquidity and a quote market value. It can be years before a private firm can be sold again and prices must be negotiated between the seller and buyer. Key Takeaways Private companies aren’t required to provide information to the public so it can be almost impossible to accurately gauge their finances.You’ll have more direct input into a private company’s financial decisions if you have a significant ownership…
SpaceX rival United Launch Alliance launched its new Vulcan rocket early Monday. The rocket, which is the successor to ULA’s Delta IV and Atlas V rockets, is transporting the first commercial lunar lander on its journey to the surface of the moon, as well as a mission carrying cremated human remains into deep space. The CERT-1 flight test marks an important milestone for United Launch Alliance, which was set up in 2006 as a joint venture between Boeing Co. BA, +1.66% and Lockheed Martin Corp. LMT, -0.30%. Since then, the company’s Delta and Atlas rockets have been used to send more than…
Key highlights:The total cryptocurrency market cap decreased from $ 1.67T to $ 1.64T in the past 24 hours, representing a -1.57% changeThe Bitcoin price at press time is $ 43,645 after falling by -0.55% in the last 24 hoursThe total crypto trading volume decreased by -1.57% in the past 24 hours, and is currently at $ 345.19BAll prices and changes are presented at the time of publication: January 8, 2024, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.64T after a -1.57% decrease on the day. The total crypto trading volume declined by -1.57% in the same time frame.Bitcoin is trading at…
A third (32%) of UK homeowners plan to take on major home renovation projects next year, according to data from Confused.com. The most common reasons for renovating in 2024 include modernising the home (48% of renovators), addressing maintenance issues (29%) and increasing resale value (9%). Bathroom remodels (33%), kitchen upgrades (28%) and exterior facelifts (26%) top the list of homeowners’ planned works for 2024. Matthew Harwood, home and lifestyle expert at Confused.com home insurance, offers his tips to homeowners on keeping their home safe during renovations. “The risk of property damage or other issues spikes during major renovation or construction…