Netflix stock price forecast: BofA sees a 30% upside
Netflix Inc (NASDAQ: NFLX) has been in a downtrend since late January but a Bank of America analyst says that will change over the next twelve months. Netflix stock could climb to $410 a share On Friday, Jessica Reif Ehrlich recommended that
Will TikTok be banned?
TikTok CEO Shou Zi Chew told lawmakers on Thursday that some U.S. user data may still be accessible for ByteDance employees as Invezz reported HERE. India banned TikTok in 2020 The short video app currently has about 150 million active users in
Huggins sees ‘uphill battle’ for Wetherspoons stock despite H1 profit
J D Wetherspoon plc (LON: JDW) says it swung to a pre-tax profit in the first half of its fiscal 2023. Shares ended about 13% up on Friday. Pro reacts to Wetherspoon’s financial update Still, Charlie Huggins who manages the Quality Shares
Block share price continues to tumble after Hindenburg report
Block Inc (NYSE: SQ) remains in focus this morning after Hindenburg Research grilled the financial technology company in its latest short sell report. Hindenburg’s take on Block shares Hindenburg accused the multinational this week of misrepresenting the number of genuine active users
Kaiko: Liquidity situation in crypto “worsening” amid USD payment rails issue
Analysts at crypto market data provider Kaiko say the crypto market has experienced a “fair share of liquidity incidents this month.” In their opinion, even though data shows liquidity in crypto has bounced to levels seen in early March, the
S&P 500 has been falling, but for Euro and GBP investors, it hasn’t been quite so bad
As we move towards the end of Q1 of 2023, let us take a pause and look at how the stock market has performed thus far this year. Obviously, 2022 was a year from hell for investors, as prices fell more
SMI index nears correction as UBS stock enters bear market
The Swiss Market Index (SMI) index slipped on Friday as concerns about the safety of Swiss companies continued. The index, which is made up of the biggest companies in Switzerland, has dropped by over 7.60% from its highest point in
NatWest, Lloyds, Barclays, ING retreat as Deutsche Bank shares dive
European bank stocks plunged hard on Friday as investors continued to derisk following the collapse of Credit Suisse and several other banks in the United States. These equities also plunged after their credit default swaps (CDS) dropped, signaling that investors
Nifty 50 index at risk after the new Adani allegations
The Nifty 50 index continued drifting downwards as trades digested the new allegations about Adani’s empire. The index slipped to a low of 16,850, meaning it has slipped by over 10% from the highest point this year. This means that