Argus raised the firm’s price target on Netflix (NFLX) to $1,120 from $1,040 and keeps a Buy rating on the shares after its Q4 earnings beat. Netflix has relied mainly on subscriber growth to drive revenue but has made major changes to reaccelerate subscriber additions, having launched a low-priced, advertising-supported subscriber plan in November 2022 and making enhancements to increase its value proposition to customers, the analyst tells investors in a research note. Netflix also started to
US stock futures (ES=F, NQ=F, YM=F) are pulling back from Thursday's record highs while global markets rally on the prospect of softer tariffs from President Trump. Bitcoin (BTC-USD) edges higher — still below its record high of $109,000 hit on Monday — as Trump signs executive actions pertaining to the crypto space and artificial intelligence (AI). Lastly, Boeing (BA) announced another quarter of losses, estimating $3.5 billion in losses tied to this past quarter's labor strikes and layoffs. The aircraft manufacturer is scheduled to officially report earnings this Tuesday, January 28. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
Mark Cuban is famous for straightforward financial advice, such as, "Don't use credit cards. If you use a credit card, you don't want to be rich." It's a message he's shared countless times, from blog posts to chats with financial gurus like Dave Ramsey. But even Cuban couldn't avoid his ironic run-in with a credit card – one that's become the stuff of NBA legend. It happened in 2011, after his Dallas Mavericks clinched their first-ever NBA championship by taking down the Miami Heat. Naturally,
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a significant part of Manhattan. "This will be a defining year for AI," Zuckerberg said in a Facebook post. Zuckerberg expects Meta's AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025, while its open-source Llama 4 would become the "leading state-of-the-art model".
On Friday, American Express Co (NYSE:AXP) reported fourth-quarter revenue (net of interest expense) growth of 9% year-on-year to $17.18 billion, topping the analyst consensus estimate of $17.16 billion. The increase was primarily driven by strong Card Member spending, higher net interest income supported by growth in revolving loan balances, and accelerated card fee growth. GAAP EPS of $3.04 was in line with the analyst consensus estimate. Also Read: Ericsson Q4 Earnings: Sales Climb 1%, North A
We recently published a list of 10 AI Stocks Investors are Watching Closely. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other AI stocks investors are watching closely. President Donald Trump has only recently announced the Stargate initiative, claiming it to be “the largest […]
Investment management company Curreen Capital released its fourth quarter 2024 Investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund returned 5.71% compared to 2.41% for the S&P 500 Index and -0.09% return for the MSCI World (US Gross). In 2024, the fund returned 7.72% underperforming 25.05% and […]