The Ratings Game Netflix Is A Unique Tech Growth Story and Its Stock Could Hit $535 Says Wall Street S Biggest Bull
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Netflix is undergoing a tech ‘rite of passage,’ and Wall Street doesn’t like it
Other technology companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.MarketWatch - Business - Netflix -
These three things make this bullish Wall Street pro question whether stocks are still worth the risk
Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one stalwart bull is starting to question whether they are still worth it at current levels.MarketWatch - Business -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
GOP impeachment efforts hit brick wall
Republican impeachment efforts against President Biden and his Cabinet appear to have hit a brick wall after the Senate swiftly dismissed articles of impeachment against Homeland Security Secretary Alejandro Mayorkas. Senators dismissed a pair of ...The Hill - Politics -
Regulators Restart Bid to Curb Bonus Pay on Wall Street
Incentive-compensation rules are required by the 2010 Dodd-Frank law but have yet to be put in place.The Wall Street Journal - World -
Netflix Dealt With the Freeloaders. Its Next Act Will Be Tougher.
The decision to stop reporting subscriber numbers will put a greater focus on revenue growth—and advertising.The Wall Street Journal - World - Netflix -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Heat's Jimmy Butler out for play-in game vs. Bulls with MCL sprain; reportedly to miss 'multiple weeks'
The Heat may be in trouble.Yahoo Sports - Sports - NBA -
Heat down Butler, Pels down Zion: What to know about Friday's play-in games
No Jimmy, no Zion, but still plenty at stake. Here's a guide to get you through the games that will determine the last two NBA playoff spots.ESPN - Sports -
Alex Caruso injury: Bulls guard (ankle) says he expects to play vs. Heat on Friday
Caruso, one of the NBA's best perimeter defenders, is officially listed as questionableCBS Sports - Sports -
The Score: Tesla, United Airlines, Netflix and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.The Wall Street Journal - World - Netflix -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Israeli missile hits Iran, US officials say
Blasts are heard in central Isfahan province, though it was not immediately clear what was hit.BBC News - Top stories - Israel -
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
The U.S. ambassador to Russia visited Evan Gershkovich, the Wall Street Journal reporter being held in Moscow, as negotiations continue behind closed doors to secure his release.
The U.S. ambassador to Russia visited Evan Gershkovich, the Wall Street Journal reporter being held in Moscow, as negotiations continue behind closed doors to secure his release.The Wall Street Journal - World - Russia -
Five reasons the stock market’s ‘painful’ pullback may be nearing its end
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom LeeMarketWatch - Business -
Trump Media warns Nasdaq about "potential market manipulation" of its stock
Trump Media & Technology Group sent a letter to Nasdaq warning that so-called "naked" short selling could be impacting its stock.CBS News - Top stories - Donald Trump -
Why Super Micro’s stock tumbled to its worst day since August
Some were hopeful Super Micro would give a positive update ahead of its official results, but that didn’t materialize when the company set its earnings date.MarketWatch - Business -
Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
The password crackdown may have annoyed many subscribers last year, but it's helping to usher Netflix into its comfortable middle-age years as a market juggernaut.Inc. - Business - Netflix -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Tehran downplays strike as U.S. officials say Israeli missile hit Iran
Two U.S. officials tell CBS News an Israeli missile has hit Iran in apparent retaliation for the recent drone and missile attack on the Jewish state.CBS News - Politics - Iran -
US calls for calm after officials say Israeli missile hit Iran
Antony Blinken says Washington was not involved in any offensive operation, as Iran downplays reports of attack.BBC News - Top stories - Israel -
U.S. dollar — and its No. 1 status — could become a casualty of economic war
A less-respected U.S. dollar will have major implications for world trade and American consumers.MarketWatch - Business -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Giannis Antetokounmpo injury update: Bucks president says star out for Game 1 vs. Pacers, timetable uncertain
Antetokounmpo is dealing with a calf strain and has not played since April 9CBS Sports - Sports - NBA -
Massive AI Growth Outpacing U.S. Power Capacity
Tech leaders and electricalgrid executives lament the obstacles to connecting power-draining data centers to utility networks.Inc. - Business -
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.
Apple removed WhatsApp and Threads from its app store in China, saying it was ordered to by the government, as Beijing tightens internet controls.The Wall Street Journal - World - China -
Bitcoin Miners Are About to Get Paid Less--but That Could Send Its Price Surging
An event known as the halving will cut in half what miners get paid.Inc. - Business - Crypto -
CIA chief Burns says that without aid, Ukraine "could lose on the battlefield"
His comments come as a deadlocked Congress continues to stall on Ukraine aid.CBS News - Politics - Ukraine -
Don't Compete--Collaborate. How Cannabis Partnerships Are Driving Growth
Entrepreneurs behind fast-growing cannabis companies share how they're growing their brands, and their industry, together.Inc. - Business -
World’s biggest election kicks off as India votes
Millions of Indians cast ballots in the first round of a general election that ends in June.BBC News - Top stories - India -
India election: How to organise the biggest vote in history
Nearly one billion people will go to the pollsBBC News - Top stories - India -
The Biggest Deepfake Porn Website Is Now Blocked in the UK
The world's most-visited deepfake website and another large competing site are stopping people in the UK from accessing them, days after the UK government announced a crackdown.Wired - Tech