by Jamie Johnson | Sep 20, 2019 | Markets
A Bernstein analyst believes Netflix shares will hit bottom at $230 per share. Shares of Netflix have continued their steady descent over the past couple of months. Investor confidence was shaken after Netflix released a disappointing earnings report in July. The...
by Dorian Holden | Sep 20, 2019 | Markets
Weeks away from high-level trade war talks, there’s progress. The U.S. just announced that it is exempting 437 Chinese goods from tariffs, according to CNBC. The exclusion will include Christmas lights, plastic straws, dog leases, coffee filters, car radiators,...
by Dorian Holden | Sep 19, 2019 | Markets
House Speaker Nancy Pelosi just introduced a plan to lower prescription drug prices. The plan would empower Medicare to negotiate prices on up to 250 of the most expensive drugs on the market, including insulin. Any company choosing not to negotiate could be hit with...
by Dorian Holden | Sep 19, 2019 | Markets
The markets aren’t too happy with the Federal Reserve this morning. All after the central bank cut rates by a quarter point to a range of 1.75% to 2%, disappointing many looking for a deeper cut. The bank also made it clear the cut was meant to serve as an...
by Jamie Johnson | Sep 19, 2019 | Markets
Shares of Roku fell more than 20% after Comcast announced it’s giving away a free streaming device. What goes up must come down. Roku stock has been on a roll this year and its shares are up more than 300% year to date. This is why it was a surprise to many people...
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