Reed Hastings, chief executive officer of Netflix Patrick T. Fallon | Bloomberg | Getty Images A small but significant group of Netflix and Disney+ users have told Bank of America they expect to cancel their Netflix subscriptions, rekindling concerns that new combatants in Wall Street’s “Streaming Wars” could hamstring current players. The bank’s survey of
A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming giant’s stock rose more than 3% after the company disclosed figures
For cybersecurity firm Palo Alto Networks (NYSE:PANW), its market return of 22% year-to-date only tells half the tale. Throughout much of 2019, PANW stock has incurred several hair-raising events, including precipitous drops. However, each time, shares have recovered. Could we therefore expect a repeat performance this time around? Source: Sundry Photography / Shutterstock.com In late
On its face, New Age Beverages (NASDAQ:NBEV) stock looks somewhat intriguing. The shares have declined 80% from last year’s highs. On a price-revenue basis, New Age Beverages stock currently looks potentially cheap, and it has a CBD (cannabidiol) opportunity. And New Age posted enormous revenue growth and reached profitability, excluding some items, in the third
U.S. stock futures are flirting with remaining unchanged this morning. Unless something jostles the market, the low volatility holiday trading will continue. Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.07% and S&P 500 futures are higher by 0.06%. Nasdaq Composite futures have added 0.08%. In the options pits,
The production cut held the price US inventory data last week once again validates the cartel’s move OPEC’s rooting for the opposition party in the 2020 US election On Friday, December 6, the international oil cartel cut its production from 1.2 to 1.7 million barrels of the energy commodity per day. The Saudis added another
In Swing Trading Today we discuss if after the Federal Reserve’s dovish announcement if it is time to buy gold. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they
It’s breakfast time in Flaxville, Montana. The thermometer says it’s four degrees, but the Weather Channel says it feels like minus 3. Paul Kanning is trudging through the snow to grain bins on his nearly 3,000 acre farm. One is stuffed with dry yellow peas. “I don’t know where they’re going yet this year,” he
A FedEx plane is parked at Ontario International Airport on February 4, 2019. Check out the companies making headlines after hours on Tuesday: FedEx — Shares of the shipping giant fell nearly 7% in extended trading on Tuesday after the company posted weaker-than-expected earnings. In the company’s second quarter, FedEx reported adjusted earnings per share
If you dare to glance at a multi-year chart of General Electric (NYSE:GE) stock, you’ll see an appalling series of what market technicians call “lower highs and lower lows” in the price action. Focus your microscope in on just this year, however, and you’ll see a much more encouraging price trajectory. Source: testing / Shutterstock.com Up
If you bought shares of Karuna Therapeutics (NASDAQ:KRTX) at or near its initial public offering price of $16, you’re loving life. Although KRTX stock disappointed early bird investors for the first few months, the payoff came around mid-November. That was when the equity value skyrocketed into a different dimension. And for a few brief moments,
Most of the recent daily gains accrued by broader equity benchmarks have been of the solid though not spectacular variety. That’s alright because gains are gains and stocks are continuing to trend higher in the final month of 2019. Source: Provided by Finviz The S&P 500 added 0.03% The Dow Jones Industrial Average rose by
It’s been a slow few months in the metals complex for investors, especially as they’ve had to endure watching nearly all other assets soar to record highs. Oil (USO) prices have got a 10% bump since September, the S&P-500 (SPY) is up nearly 10%, and even industrial metal Palladium (PALL) has continued to march higher. While it may be discouraging, and
An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters Boeing will still burn more than $1 billion a month even after halting 737 Max production, according to J.P. Morgan. Boeing’s decision to stop suspend production of
Amazon (NASDAQ:AMZN) and “rebound” don’t often go together in the same breath. But with just a couple of weeks left in 2019, shares are up just 19%, meaning the stock is likely to lag both the S&P 500 and the Nasdaq Composite indexes, two benchmarks in which the e-commerce giant is one of the largest
A lot of investors who like to “buy the dip” are plunging into Home Depot (NYSE:HD) stock for Christmas. Source: Helen89 / Shutterstock.com But while the shares of the home supply warehouse are down almost 10% from a month ago — and HD stock was the worst performer in the Dow Jones Industrial Average during that time
Briefly indulge me in an “I’m old enough to remember when” moment regarding Nokia (NYSE:NOK). I’m old enough to remember when cell phones initially started going mainstream, becoming affordable and smaller to boot. Back then, “then” being the late 1990s, Nokia was one of the dominant handset makers and Nokia stock was super hot. Source:
U.S. stock futures are headed for a quiet open this morning. If buyers can maintain control, the market will extend its rally to a fifth day in a row. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.02% and S&P 500 futures are higher by 0.09%. Nasdaq Composite
In Swing Trading Today we discuss if after the Federal Reserve’s dovish announcement if it is time to buy gold. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they
A bag of Tyson Foods Inc. frozen chicken is arranged for a photograph in Tiskilwa, Illinois, U.S., on Thursday, May 5, 2016. Tyson is scheduled to release earnings figured on May 9. Bloomberg | Bloomberg | Getty Images Shares of Tyson Foods rose more than 2% on Monday after Reuters reported the meat processor received