Will Netflix Shares Bottom Soon? Here’s What You Need to Know
A Bernstein analyst believes Netflix shares will hit bottom at $230 per share. Shares of Netflix have continued their steady descent over the past...
White House Grants Tariff Extensions on More than 400 Chinese Goods
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...
House Speaker Pelosi Unveils Plan to Lower Drug Prices
House Speaker Nancy Pelosi just introduced a plan to lower prescription drug prices. The plan would empower Medicare to negotiate prices on up to...
Federal Reserve: The Most Important Thing Jerome Powell Said
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...
Roku’s Shares Plummet on the Heels of Comcast’s Announcement
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...
FedEx Shares Plunge After Latest Earnings Miss
The company’s shares fell more than 10% in premarket trading. On Wednesday, Wall Street analysts turned on FedEx after the company failed to deliver...
The Worst Performing Stock of the Year Is…
Kraft Heinz got squeezed. And unfortunately, there doesn’t appear there’s anything to get excited about. Granted, it is Kraft Heinz. They’re...
FedEx Rocked by Earnings, But Some Analysts Remain Bullish
No one likes a horrendous earnings surprise. But that’s what FedEx shareholders were given late last night. Last checked, shares are down more than...
Guggenheim: Home Depot’s Investment Plan Could Minimize Return on Shares
Will Home Depot’s massive investments limit the company going forward? Generally, business investments are seen as a positive but not everyone is...
Oil Slips as Saudis Say Production Will Return to Normal Sooner than Expected
Oil prices are suddenly plunging. Just days after an attack knocked out 5.7 million barrels of crude production in Saudi Arabia, oil prices are...
Nearly 50,000 UAW Workers Go On Strike Against General Motors
For the first time in 11 years, General Motors’ employees are striking. Earlier, more than 49,000 members of the United Auto Workers (UAW) union...
The Peloton IPO Could Happen as Soon as This Week
The connected fitness maker recently set its IPO range. The fitness maker Peloton is planning to go public and just last week, the company set...
Oil Spikes After Saudi Attack Severely Disrupts Global Supply
The oil risk premium is back. Earlier, oil prices were up as much as 18% after oil processing fields in Saudi Arabia were attacked, knocking out 5.7...
WeWork Ignores Skepticism and Plows Ahead With IPO Plans
This week, the company updated its SEC filings in an attempt to appease investors. In August, WeWork first announced its plans to go public and the...
President Trump is Open to an Interim Agreement with China
Investors are a bit confused. Late last night, President Trump said he would “consider” an interim trade deal with China, even though he would not...