News
Netflix Stock (NASDAQ:NFLX): Membership Growth Acceleration to Fuel Gains
Netflix (NFLX) recently released its Q2 results, showcasing continued acceleration in both membership and revenue growth. Despite intense competition, the streaming giant remains dominant, with its scalable unit economics fueling even more significant earnings growth. This positive trend is expected to continue, which is likely to keep fueling the stock’s ongoing bullish momentum, even after its notable recent gains. Consequently, I remain bullish on NFLX stock. Q2 Results: Membership Growth Mom
Japanese Stocks Fall, Yen Strengthens Ahead of BOJ: Markets Wrap
(Bloomberg) -- Japanese stocks dropped and the yen rose as traders positioned for a potential interest-rate hike from the nation’s central bank, the highlight of an event-packed day in Asia. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapRich Hong Kong Families Sell
This chart suggests the current bull market rally in stocks will extend into 2025
"We expect to remain overweight equities, with the correction leading to a buying opportunity," Ned Davis Research said.
Landstar sees stabilizing trends, still awaiting TL market turn
Freight broker Landstar System shared some signs of market stabilization with analysts on a Tuesday call but said it’s still too soon to say the market has turned. The post Landstar sees stabilizing trends, still awaiting TL market turn appeared first on FreightWaves.
$10 billion fund manager cites three favorite stocks
The MSCI All-Country World stock Index has gained 11% year to date.
Werner CEO Leathers says freight market inflection point may be close
The CEO of Werner Enterprises says an inflection point in the freight market might be near. The post Werner CEO Leathers says freight market inflection point may be close appeared first on FreightWaves.