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☆ The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
▼ + stars: | 2024-10-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The International Monetary Fund raised its growth forecast for the US economy to 2.8% this year. AdvertisementThe International Monetary Fund raised its growth forecast for the US, projecting the world's largest economy would expand by 2.8% this year instead of the 2.6% it predicted in July. However, they predicted GDP growth would slow to 2.2% in 2025 as the US government curbs its spending and the labor market cools, sapping consumption. The IMF projected global growth of 3.2% in both 2024 and 2025, virtually unchanged from its previous prediction. They underscored their latest forecast for global growth over the next five years of 3.1% was "mediocre" compared with the pre-pandemic average.

Persons: — Organizations: Monetary Fund, IMF, Service, UN Locations: China, East, Central Asia, Africa, Asia

☆ Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions
▼ + stars: | 2024-10-22 | by ( Thibault Spirlet | Huileng Tan | ) www.businessinsider.com time to read: +6 min

AdvertisementRussia is flexing its muscles at the center of the BRICS economic bloc, which seeks to rival the West. Iran, Egypt, Ethiopia, and the United Arab Emirates are the new BRICS entrants, joining the earlier members Russia, India, China, Brazil, and South Africa. He said it had "no chance" of political unity given its members' competing interests and starkly differing attitudes. The greenback, though, will be hard to dethrone — even without competing priorities and rivalry among BRICS members. AdvertisementHe said that while BRICS members were united in a desire for change, "there's no real strategy within BRICS aside from fancy phrases to make it work."

Persons: —, Vladimir Putin, Abishur Prakash, Anton Barbashin, South Africa —, Barbashin, Una Aleksandra Berzina, Evgeny Roshchin, Johns Hopkins University's Henry A, Putin, SWIFT, Yakov Organizations: Service, West, United, South, Riddle Russia, Riga Stradins University's China Studies Center, Politico, Center for, Johns, Kissinger Center, Global Affairs, Partners, Bank for International Locations: Russia, Western, Iran, Egypt, Ethiopia, United Arab Emirates, India, China, Brazil, South Africa, Saudi Arabia, Russian, Toronto, —, Ukraine, standoffs, Moscow

☆ Here are Tuesday's biggest analyst calls: Apple, Meta, Tesla, Costco, Walmart, Disney, First Solar and more
▼ + stars: | 2024-10-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates AppLovin as buy Loop said the software publisher is an "indispensable infrastructure for the mobile gaming industry." Citi upgrades First Solar to buy from neutral Citi said the solar company is a winner no matter who wins the election. KeyBanc initiates Zeta Global as overweight KeyBanc said the marketing software company has an attractive platform. Stifel initiates Braze as buy Stifel said the software company is best positioned. Stifel initiates Klaviyo as buy Stifel said it is bullish on the software company.

Persons: Bernstein, Mizuho, Jefferies, Tesla, Morgan Stanley, Apple, Meta, Redburn, KeyBanc, Stifel, Disney, JPMorgan downgrades Hertz, Itron Organizations: Costco, Walmart, omni, Citi, Democratic, Republican, Cadence, Apple, LT, Microsoft, " Bank of America, Meta, Bank of America, Zeta Global, ZETA, Disney, JPMorgan, Hertz Global Holdings, Jefferies, Guggenheim

☆ IMF hikes UK growth outlook amid lower inflation and interest rates
▼ + stars: | 2024-10-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

General view of the City of London skyline, the capital's financial district, in October. LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth for the U.K. economy this year, up from a July forecast of 0.7%. Inflation in the U.K. came in at 1.7% in September, a decline from 11.1% in October 2022. Economic growth has been tepid so far this year, coming in at 0.2% in August after flatlining in June and July.

Persons: flatlining Organizations: LONDON, Monetary Fund, IMF, Bank of England Locations: London, United Kingdom

A mid-October poll by The Associated Press measured which of the two candidates voters trust on a variety of economic issues. Harris’ campaign declined to say where she wants to set the federal minimum wage, which is currently $7.25 per hour. Former President Donald Trump answers questions as he works the drive-thru line at a McDonald's on Oct. 20 in Feasterville-Trevose, Pa. “Donald Trump is running on a middle-class tax hike, Kamala Harris is running on a middle-class tax cut,” Harris campaign spokesperson James Singer said. “Working families like rank-and-file Teamsters overwhelmingly support President Trump because only he will Make America Wealthy, Strong, and Great Again.”

Persons: Donald Trump’s, Kamala Harris, Harris, Trump, ”, Kent Smetters, Sen, Chris Caldwell, Harris ’, Smetters, —, hasn’t, Joe Biden, Donald Trump, Win McNamee, “ Donald Trump, ” Harris, James Singer, “, Anna Kelly Organizations: Biden, Tufts University, Trump, University of Pennsylvania’s Wharton School, Daily, Wharton, Democratic, The Associated Press, Voters, Bureau of Labor Statistics, Economic, Institute, Republican National, Teamsters, America Locations: Pennsylvania, McDonald’s, Las Vegas, U.S, Arizona, Feasterville, Pa, China, Communist

☆ Iran aided Russia against Ukraine. Now it needs to call in the favor
▼ + stars: | 2024-10-21 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russia is unlikely to offer military intervention against Israel on behalf of the Iranians, Saab said, given it is already "too bogged down in Ukraine." In return for Iran's support, Russia has bolstered Iran's military capabilities in several areas, they noted: "Iran has made notable progress in acquiring advanced conventional weaponry from Russia, allowing it to achieve some of its defense officials' long-standing goals. Iranian protesters shout anti-Israeli slogans while burning an Israeli flag in a celebration for Iran's missile attack against Israel, in Tehran, Iran, on October 1, 2024. That shared antipathy toward the U.S. and desire to create a "new world order" are what largely binds Iran and Russia. Russia cannot — and will not — save Iran in its confrontation with Israel and the United States," he noted.

Persons: Vladimir Putin, Masoud Pezeshkian, Israel, Bilal Y, They've, Saab, It's, Karim Sadjadpour, Nicole Grajewski, Su, John Kirby, Morteza, Mikhail Svetlov, Bashar al, Nikita Smagin, Saudi Arabian Crown Prince Mohammed bin Salman Organizations: Getty, CNBC, Saab, North Africa, Israel, Kremlin, Carnegie Endowment, International Peace, Security, Ukraine, Nurphoto, United, Base, Russian International Affairs Council, Saudi Arabian Crown, Royal, Anadolu Locations: Ashgabat, Turkmenistan, Iran, Ukraine, Tehran, Russia, Islamic Republic, East, United States, Russian, U.S, Ukrainian, Gaza, Lebanon, Israel, Iranian, Yemen, Syria, Saudi Arabia, United Arab Emirates, Syria's, Moscow, Saudi, Al Yamamah, Riyadh

☆ The stock market is primed for more gains ahead, Canaccord says
▼ + stars: | 2024-10-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The recent strong run in stocks could be just the beginning, according to Canaccord Genuity. The recent rally comes as the current bull market turned two years old. Canaccord Genuity analyst Michael Welch thinks more gains could lie ahead. .SPX mountain 2022-10-12 SPX during bull market "The current two-year-old bull market remains below the median in both percent gain and duration, suggesting the upside has further room to run," he wrote Monday. The latest market run also comes as investors pore through third-quarter results.

Persons: Canaccord, Michael Welch, Welch, Goldman Sachs, Warby Parker, Goldman Organizations: Federal Reserve, U.S

☆ Luong Cuong: Vietnam appoints army general as new president after months of turmoil
▼ + stars: | 2024-10-21 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

Hanoi, Vietnam AP —Vietnam elected Luong Cuong, a military general, as its new president on Monday, the fourth official to fill the largely ceremonial role in 18 months. The role of the general secretary is the most powerful position in Vietnam while the presidency is mostly ceremonial and involves meeting foreign dignitaries. Vietnam's Luong Cuong takes his oath as Vietnam's President during the autumn opening session at the National Assembly in Hanoi on October 21, 2024. When he became the new general secretary, he promised to maintain the anti-corruption fight. “The installation of Luong Cuong as president is yet another example of the expansion of Vietnam’s police state,” he said.

Persons: Luong Cuong, Lam, ” Cuong, Nguyen Phu Trong, Trong, Nguyen Xuan Phuc, Thuong, Vuong Dinh, Dang Anh, Cuong, Nguyen Khac Giang, – Yusof, Luong, ”, Critics, Ben Swanton Organizations: Vietnam AP, National Assembly, Communist Party, Getty, Vietnam Studies, Institute, Communist Party Congress Locations: Hanoi, Vietnam, Vuong, AFP, Lam

☆ The Magnificent 7 stocks ranked from a tech investor that owns all of them
▼ + stars: | 2024-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Tech investor Ray Wang — who owns all Magnificent Seven stocks — laid out his rankings of favored tech plays on Monday. Wang equated the AI expansion to the Amazon 's early e-commerce buildout. Amazon is Wang's second favorite Magnificent Seven pick, followed by pure-play AI beneficiaries Microsoft and Alphabet . Wang also expects the company — along with Alphabet — to benefit from the political advertising season underway. Here's how each Magnificent Seven member is doing year to date: Nvidia: up 182% Amazon: up 22.8% Microsoft: up 10% Alphabet: up 17% Apple: up 22% Tesla: Down 12.4% Meta Platforms: up 61%

Persons: Ray Wang —, CNBC's, Wang, Tesla, Elon Organizations: Constellation Research, Nvidia, Microsoft, Apple

☆ Deutsche Bank says buy GE Vernova, sees 30% potential upside
▼ + stars: | 2024-10-21 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

The firm initiated its coverage of the energy company with a buy rating and $354 price target, implying upside of nearly 30%. Analysts are generally bullish the stock, with the majority of those covering the name rating it either as a strong buy or buy. GEV YTD mountain GEV YTD chart As a catalyst, analyst Nicole DeBlase cited a strong outlook in investments towards power generating assets. Additionally, the analyst pointed out that GE Vernova's gas power business is increasingly turning into a growth story. "Gas turbine orders have picked up in recent quarters, as increasing electricity consumption pressures existing grid infrastructure, requiring more baseload capacity.

Persons: Nicole DeBlase, DeBlase Organizations: GE Vernova, Deutsche Bank, General Electric, GE, Gas

☆ Goldman Sachs upgrades Warby Parker to buy, cites strong margin growth as catalyst
▼ + stars: | 2024-10-21 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Analyst Brooke Roach noted that while the stock's valuation "remains somewhat elevated," Warby Parker's strong fundamentals and margin growth outlook justifies outperformance from here. Warby Parker trades at a forward price-to-earnings multiple of 69, well above the S & P 500's 24.6 ratio. Warby Parker also has a track record of maximizing its labor operations and first-year store profitability. Analysts are generally bullish on Warby Parker, which is up 17% for the year. Of the 15 covering the stock, eight have buy or strong buy ratings, LSEG data shows.

Persons: Warby, Goldman Sachs, Brooke Roach, Warby Parker, Roach

Creator-economy startup Jellysmack is reorganizing and cutting some staff, Business Insider is exclusively reporting. "Jellysmack is making organizational adjustments to better align resources with key areas of growth," a representative told BI in an email. While we are scaling back certain operations in our Creator Program on Meta due to the opacity of their new monetization model, we remain dedicated to supporting our key creator partners and ensuring they continue to benefit from our platform." The company said in early 2022 that it would set aside $500 million for a program called JellyFi to license creator catalogs . Despite Jellysmack's expansion into new areas of the creator economy, its business had been increasingly troubled, insiders told BI earlier this year.

Persons: SoftBank, —, Jellysmack, Michael Philippe, Jelly Organizations: Business, Service, YouTube, Meta, Facebook, Copyright Capital Locations: France

☆ America's New Economic Supercycle: Growth, Prices, Stock Market Chaos
▼ + stars: | 2024-10-20 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

First, higher interest rates will reward savers, making it more expensive to take risks. And with interest rates so low, companies could suddenly load up on debt: From 2007 to 2017, global nonfinancial corporate debt doubled, to $66 trillion. Now, with the arrival of a new supercycle, money managers are once again being forced to adapt to a changing set of economic realities. Normally, when the Fed hikes interest rates rapidly, the stock market tanks. Rising interest rates will make loans more expensive, forcing businesses to make more-thoughtful decisions about debt.

Persons: Josh Hirt, Silas Myers, Myers, Hirt, you've, Joe Quinlan, they'll, Quinlan Organizations: Investors, Vanguard, Mar Vista Investments, Federal Reserve, Capital, . Venture, Nasdaq, Bank of America, Big Tech, Federal Trade Commission, Treasury, European Union, Aerospace Locations: Washington, China, Unemployment, Europe, America, Japan, United States

☆ Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty compelling'
▼ + stars: | 2024-10-20 | by ( Lauren Edmonds | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast. Khosrowshahi recently appeared on Hard Fork, a tech podcast, to discuss Uber's position in the autonomous vehicle industry. On the Hard Fork podcast, Khosrowshahi championed Waymo, saying he believed Waymo could best Tesla. Khosrowshahi spoke about Waymo's hardware during the Hard Fork podcast, saying, "I think that hardware costs scale down over a period of time. AdvertisementUber originally tried to walk the autonomous vehicle path alone, creating a self-driving car unit called Advanced Technologies Group.

Persons: Dara Khosrowshahi, Khosrowshahi, Tesla, Musk, —, Tesla's, Uber, Waymo, PATRICK T, FALLON, John Krafcik, Elon Musk, Elon, Andrej Karpathy, Karpathy Organizations: Service, Waymo, Getty, Financial Times, Technologies, Aurora, Business Locations: Phoenix, Atlanta, Austin

☆ Top Wall Street analysts like these stocks for their growth prospects
▼ + stars: | 2024-10-20 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

To this end, top Wall Street analysts, with their expertise, can help investors understand the key drivers that could support a company's long-term growth and pick stocks that are likely to deliver lucrative returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Also, the analyst is confident about his Q4 revenue growth estimate of 12%, given "healthy closure rates and further pipeline building into a seasonally strong 4Q24." The company has been seeing stellar revenue growth rates, driven by robust demand for its advanced GPUs (graphics processing units) in building artificial intelligence models and applications. The analyst thinks that Blackwell's launch and ramp-up are not just near- and medium-term revenue growth drivers, but also key factors that will enhance Nvidia's competitive advantage.

Persons: Cowen, Shaul Eyal, Eyal, TipRanks, Gregg Moskowitz, Microsoft's GitHub, Moskowitz, Goldman Sachs, Toshiya Hari, Hari Organizations: Wall Street, Lacework, Mizuho, Nvidia, Dell, Hewlett Packard Enterprise Locations: billings

☆ Chief, the networking group for executive women, has laid off staff
▼ + stars: | 2024-10-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Chief, a networking and growth organization for executive women, has cut staff. AdvertisementChief, a networking organization for women in executive positions, has cut staff across the company in a restructuring effort. Chief describes itself as the nation's largest network of senior executive women. In April 2023, Chief laid off 14% of its staff during what the founders called in an email to staff a "challenging macroeconomic environment," TechCrunch reported at the time. "Our vision remains the same — to build the most powerful network of executive women and maximize their leadership impact," the spokesperson said.

Persons: —, Carolyn Childers, Lindsay Kaplan, CapitalG Organizations: BI, Service, Business, TechCrunch Locations: London

☆ LVMH had a rough week. That's a bad sign for the luxury sector.
▼ + stars: | 2024-10-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . LVMH, the largest of the luxury conglomerates, announced its third-quarter earnings this week, and the results were grim. AdvertisementWhile personal luxury sales in China grew by more than 37% each year from 2019 through 2021, that annual growth is not expected to hit more than 4.2% through 2028, according to EMARKETER data. AdvertisementEMARKETER's Canaves pointed to the collaborations and moves toward streetwear that helped some brands emerge from the last luxury slump. Of course, any expansion into new categories should not take attention from handbags and clothing, the revenue drivers of luxury brands.

Persons: LVMH, —, Louis Vuitton, Salvatore Ferragamo, Goldman Sachs, Gucci, Hermès, Jean, Jacques Guiony, Adam Cochrane, Chanel, Canaves, Guiony, Birkin, Deutsche Bank's Cochrane, Cartier, Brunello Cucinelli, Rambourg, Louis Organizations: Service, Revenue, Louis, Burberry, Business, Deutsche Bank, Gucci, Deutsche Bank's, Chez Locations: China, Asia, Japan, COVID, streetwear, Paris

☆ D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
▼ + stars: | 2024-10-19 | by ( Kenneth Squire | ) www.cnbc.com time to read: +12 min

Air Products provides industrial gases and related equipment in end-markets such as refining, chemicals, metals, electronics, manufacturing and food. These long-term contracts functionally guarantee an unlevered double-digit return before Air Products even needs to put a dollar into the ground. Investors appreciate companies like Air Products for their low-risk and highly stable cash-flowing operations. On Oct. 4, Mantle Ridge announced a more than $1 billion position in Air Products, and echoed a similar sentiment and identified similar issues as D.E. We strongly expect that many of Air Products' other shareholders are concerned about the same issue.

Persons: It's, Shaw, unadulterated, Praxair, Seifi, Linde, D.E, Seifi Ghasemi, Ghasemi, Samir Serhan, Mantle, Paul Hilal, Scott Sutton, Olin, Russell, Ken Squire Organizations: Air Products, Chemicals, Air Liquide, Linde, Products, Air, D.E, Technologies, Fidelity National Information Services, FedEx, Verisk, Healthcare Trust, 13D Locations: Saudi Arabia, Louisiana, Texas, D.E, Air

☆ These are Morgan Stanley's highest conviction plays for earnings season
▼ + stars: | 2024-10-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Here are five of Morgan Stanley's 10 highest conviction plays, which the firm sees near-term catalysts driving "a meaningful move" upward. Morgan Stanley sees a positive set up for Eaton and is forecasting beats on all key performance indicators, including Americas organic growth and margins. "Our detailed organic growth build supports steady ~8% organic growth in 2025-26, roughly ~200 bps above Consensus, which drives [mid-single digit] EPS upside and argues for multiple expansion on sustained strength," he added. Eaton is set to report third-quarter earnings on Oct. 29. His price target of $100 suggests shares could rise 29% from Friday's close.

Persons: Morgan Stanley, Michelle Weaver, Morgan Stanley's, Eaton, Chris Snyder, Ron Kamden, Keith Weiss, —, Sarah Min Organizations: CNBC Disruptor, Microsoft Locations: Eaton, Americas, 4Q24, Friday's

☆ Life discovered in warm volcanic caves beneath the seafloor
▼ + stars: | 2024-10-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —A mile and a half beneath the ocean’s surface, the seafloor seems nearly as alien as the surfaces of other planets. These hydrothermal vents belch warm towers of elements that draw clusters of animal life, such as tube worms. There, animals develop symbiotic relationships with bacteria that use chemical reactions to produce sugars necessary for life beyond the reach of sunlight. Mónika Naranjo-Shepherd/Schmidt Ocean InstitueThe arms of an underwater robot helped uncover communities of giant tube worms and snails living in volcanic caves beneath warm vents in the Pacific Ocean. The finding suggests unique ecosystems on the seafloor and within the subseafloor are connected, allowing life to thrive above and below the ocean bed.

Persons: Mónika Naranjo, Shepherd, ”, Sabine Gollner, you’ve, Artemis, Charlie Duke, Arthropleura, Ashley Strickland, Katie Hunt Organizations: CNN, Royal Netherlands Institute for Sea Research, Scientists, SpaceX, Boca, Massachusetts Institute of Technology, NASA, Clipper, Kennedy Space Center, Yale University, CNN Space, Science Locations: Boca Chica , Texas, centipedes, Europa, Florida

China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. “The national economy showed positive signs of growth in September,” Sheng Laiyun, the bureau’s deputy commissioner, said at the news conference, according to CNBC’s translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, also beat expectations, a hopeful sign for the world’s second-largest economy. “Despite the multitude of challenges, China’s economy is not incurable as some would suggest,” Xu added. Authorities continued to dip feed more stimulus measures throughout this month amid low consumer sentiment and a flagging property sector.

Persons: ” Sheng Laiyun, ”, Tianchen Xu, ” Xu, Finance Lan Organizations: China’s National Bureau, Statistics, Reuters, Economist Intelligence Unit, China’s, Finance, Ministry Locations: China’s, Beijing

China's National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. "The national economy showed positive signs of growth in September," Sheng Laiyun, the bureau's deputy commissioner, said at the press conference, according to CNBC's translation of the Chinese. Other data also released on Friday, such as retail sales and industrial production, had also beat expectations, a hopeful sign for the world's second largest economy. Beijing has faced growing public scrutiny over its ability to meet its own annual growth target of "around 5%." Amid low consumer sentiment and a flagging property sector, the Chinese government has intensified stimulus measures in recent weeks in an effort to boost its lackluster economy.

Persons: Sheng Laiyun, Tianchen Xu Organizations: National Bureau, Statistics, Reuters, Economist Intelligence Unit Locations: China, Beijing

☆ Netflix closes at all-time highs after reporting solid earnings beat and strong guidance
▼ + stars: | 2024-10-18 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The surge comes after the streaming giant reported another strong quarter and issued positive guidance. Quarterly revenue was slightly above estimates while its ad-supported tier saw strong subscriber growth. AdvertisementInvestors poured into Netflix shares on Friday, sending the stock to record highs after the streaming giant's solid third-quarter earnings report. The surge came after Netflix reported a strong earnings beat and gave positive forward guidance that gave investors confidence about its position in the streaming wars. He said Netflix's latest earnings and free cash flow set it apart from the competition in the increasingly fierce streaming wars.

Persons: —, Morgan Stanley, Benjamin Swinburne, Swinburne Organizations: Service, Netflix, Bloomberg, UBS, Bank of America, CNBC Locations: signups

☆ Netflix earnings beat expectations. Here's what analysts are saying
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Here is what other firms are saying: Pivotal Research keeps buy rating on stock The firm raised its price target to $925, a Street high. Bernstein reiterates its market perform rating The firm increased its price target to $780 from $625. Bank of America reiterates its buy rating The bank increased its price target to $800 from $740. 3Q results were generally ahead (OI 5% higher) while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025."

Persons: Doug Anmuth, Anmuth, Morgan Stanley, Benjamin Swinburne, Bernstein, Goldman Sachs, NFLX Organizations: Netflix, JPMorgan, WWE, NFL, of America, Gaming, UBS, 3Q

☆ Guggenheim on Netflix earnings: Great quarter reinforces buy rating, long-term stock opportunity
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGuggenheim on Netflix earnings: Great quarter reinforces buy rating, long-term stock opportunityMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss Netflix's quarterly earnings results, concerns around slowing operating margin expansion, and much more.

Persons: Michael Morris Organizations: Guggenheim, Netflix, Guggenheim Securities

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