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LOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday. Wall Street will be paying close attention to details surrounding the company's advertising-supported business model, upcoming live sporting events and the continued effects of its password crackdown on subscriber numbers. After all, this is one of the last times Netflix will report subscriber data to shareholders, as it plans to focus on revenue and other financial metrics as performance indicators. This has led some Wall Street analysts to predict that Netflix will soon announce price hikes. New Street Research analyst Dan Salmon and Morgan Stanley analyst Benjamin Swinburne both noted expected price increase announcements in recent research notes to investors.
Persons: Dan Salmon, Morgan Stanley, Benjamin Swinburne Organizations: Netflix, LSEG Revenue, Street Research
Jim Cramer would be a buyer of Walt Disney if the stock were to trend lower. He said that buying on weakness makes sense because the slowdown in Disney's theme parks business, the profit engine at the company, will eventually abate. The challenge, at least in the short term, is dealing with the demand slowdown at Disney theme parks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Walt Disney, Piper Sandler, Jim, Disney, what's, Helene, Jim Cramer's Organizations: ESPN, KeyBanc, DIS, Disney, Hulu, Federal Reserve, Wednesday's, CNBC Locations: Florida, California, Milton
Netflix is helping to kick off the latest earnings season with the streaming giant set to report its third quarter earnings after market close on Thursday. The company's stock price has steadily risen since the beginning of the year. However, this upcoming earnings report may be one of the last times investors receive regular updates on Netflix's membership numbers. "This change is really motivated by wanting to focus on what we see are the key metrics that we think matter most to the business," Netflix co-CEO Gregory Peters said during the company's 2024 first quarter earnings call on April 18. "We'll periodically update when we grow and we hit certain major milestones, we'll announce those.
Persons: Gregory Peters, we'll Organizations: Netflix
Duolingo CEO Luis von Ahn talked about his data-driven approach to "founder mode." A debate over founder mode was recently sparked by Paul Graham's essay advocating hands-on leadership. AdvertisementAmid the wider debate in Silicon Valley about how a CEO should run their company, Duolingo's chief executive is siding with a data-driven approach to founder mode. "Yes, I am in that mode, but we have a number of people who could probably play that role as well," von Ahn said when asked about founder mode. While this my-way-or-the-highway approach feels very indicative of founder mode, arguments rarely happen between the three executives, von Ahn said in the interview.
Persons: Luis von Ahn, Paul Graham's, , He's, Cem Kansu, Ryan Sims, von Ahn, Paul Graham, Graham, Brian Chesky, Von Ahn, Duolingo, let's, Sims Organizations: Service Locations: Silicon Valley
However, the group has been left in the dust by large caps, which continue to thrive. Here are 17 stocks to buy as SMID caps make a major comeback. So-called SMID caps seemed poised to take the baton from large caps over the summer. Why a shift toward smaller stocks is comingCentral to BMO's bullish thesis for smaller stocks are the group's eye-grabbing relative performance and valuations. 17 stocks to buy before a market reversalAfter a series of false starts, Belski believes smaller stocks will finally lead the market higher.
Persons: , BMO —, Brian Belski, Belski, BMO's, they've Organizations: Service, BMO Capital Markets, BMO, BMO Capital Locations: , Central, US
Olivia Gaudree started working at Fuel Venture Capital as an intern in her early 20s. She worked her way up the ranks and became a partner in under seven years at 28. AdvertisementThis as-told-to essay is based on a transcribed conversation with Olivia Gaudree, a 28-year-old partner and VP of Operations at Fuel Venture Capital. Networking helped me land my job in venture capitalAt my high school hedge fund internship, I met Maggie Vo, now the managing general partner at Fuel Venture Capital, and got to know her well. Some firms offer entry-level positions within the investment team, but they aren't common.
Persons: Olivia Gaudree, Gaudree, , Maggie Vo, Maggie, Jeff Randsell, he'd, Merrill Lynch, I'm, I've, it's, It's Organizations: Fuel Venture, Service, Fuel Venture Capital, Business, Florida State University, Thomson Reuters, Networking, Fuel Locations: New York
The vast majority of analysts surveyed by FactSet hold a strong buy or buy rating on the stock. Despite its recent slowdown, analysts surveyed by FactSet have a consensus buy rating on the dominant e-commerce platform. Bullish voices on the stock include Goldman Sachs analyst Eric Sheridan, who recently reiterated a buy rating and $230 price target. JPMorgan's Anmuth is similarly positive on Amazon ahead of earnings, rating the stock overweight and saying it remains the favorite in the bank's firm's internet sector coverage. The consensus FactSet rating on Meta is buy, with an average price target of $604, suggesting just 2.3% potential upside.
Persons: Roundhill, , selloff, Goldman Sachs, Kash Rangan, Nvidia's Blackwell, Brad Zelnick, Amit Daryanani, Daryanani, Apple's wearables, qtr, Tim Cook's, you'd, Morgan Stanley, Jensen, Blackwell, Biden, Tesla, enthusiam, Elon, Wells, Colin Langan, Department's, Doug Anmuth, Bank of America's Justin Post, Eric Sheridan, Sheridan, Goldman, Anmuth, Baird, Roth MKM, JPMorgan's Anmuth, Goldman's Sheridan, Meta's, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, CNBC, Windows, Investment, Deutsche Bank, Justice Department, Blackwell, Bloomberg, Ford, General Motors, EV, Google, FactSet, Bank of America's, ISI, Walmart, Costco, eBay, Meta, Ray, Labs, Facebook, Temu, Goldman Locations: China, FactSet, ., Downside, U.S, Wells Fargo, American, Meta's Asia, Pacific
Wells Fargo on Friday was the first portfolio name to report third-quarter results, which have been greeted enthusiastically on Wall Street. Morgan Stanley and Abbott Laboratories — both Club names as well — report earnings before Wednesday's opening bell. Revenue and earnings estimates can be found on stock ticker pages on any number of free financial websites and through brokerage account providers. Portfolio management is a must. After considering these factors, be sure to then take a higher-level portfolio management view of your investments.
Persons: Wells, Morgan Stanley, Abbott Laboratories —, Jim Cramer's, , Eli Lilly, writeups, Stanley Black, Decker, Jim, Jim Cramer, Andrew Kelly Organizations: Abbott Laboratories, Abbott Labs, Microsoft, TJX, Palo Alto Networks, Club, Nvidia, Devices, Taiwan Semiconductor Management Company, Jim Cramer's Charitable, CNBC, Flag, New York Stock Exchange Locations: Wells Fargo, U.S
The Oura Ring 4. On the whole, the Oura Ring 4 is comfortable to wear and its app is easy to navigate. Ashley CapootI had never worn an Oura Ring before, so the entire experience was new to me. Silver jewelry has always been my preferred style, so I picked the silver Oura Ring 4 to match my accessories. The My Health tab gives users access to longer-term insights such as heart health, sleep health and resilience, a metric that measures your ability to recover from stress over time.
Persons: Ashley Capoot, Oura, I've, it's Organizations: Apple
"China's growth recovery and north Asia's earnings rebound in 2024 remain our key investment themes and overweight areas," Goldman Sachs' strategists, led by Timothy Moe, wrote in a Saturday note. Asia-Pacific markets opened higher Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region. Both metrics missed expectations of economists polled by Reuters, who estimated CPI to rise 0.6% and PPI to decline 2.5%. China is set to release its trade data for September on Monday, with exports expected to rise 6%, a slower growth than 8.7% in August, while imports are estimated to grow 0.9%, compared to 0.5% in August. China watchers also look ahead to the week with a busy set of economic data, including China's third-quarter GDP, September industrial output growth, retail sales and unemployment rate.
Persons: Goldman Sachs, Timothy Moe, Finance Lan Fo'an Organizations: China's, Finance, Reuters, PPI Locations: Asia, Pacific, China
The questionnaires, known as client intake forms, give rare insight into the practices of Sage and other crisis pregnancy centers and how they use ambiguous language to describe their services. These practices are typical for crisis pregnancy centers across the country, according to the American College of Obstetricians and Gynecologists. The tactics used at crisis pregnancy centers often create delays that leave women unable to access abortions, forcing them to continue their pregnancies. Most crisis pregnancy centers in the United States are affiliated with either Heartbeat International or Care Net, another anti-abortion network. Like Idaho, North Carolina provides state funding to crisis pregnancy centers.
Persons: Sage, Raúl Labrador, Law360, , Michelle Kuppersmith, , It’s, Linda Prine, Prine, ” Prine, Jayme Trevino, Landy, it’s, ” Trevino, Sage Women’s, Willow, Andrea Trudden, ” Susannah Baruch, Julie von Haefen, she’s, ’ ” von Haefen, “ I’m, von Haefen Organizations: NBC News, Sage, Sage Women’s, Consumer Protection, American College of Obstetricians, Women’s, federal, Insurance, Guttmacher Institute, Heartbeat, NBC, International, Flom Center, Health Law, Biotechnology, Bioethics, Harvard Law School, Care, Democrat Locations: Twin Falls , Idaho, Idaho, Labrador, Colorado, United States, ” North Carolina, Raleigh, North Carolina
Roblox stock closed at $41.60 on Friday, slightly above where it was earlier in the week when Hindenberg published its research. Related storiesIn the wake of the report, Wall Street and investors seemed to largely stick by the company. AdvertisementRoblox, which primarily makes its money from sales of online currency and items, has been working to grow its advertising business. The report could hinder Roblox's ad businessDespite Roblox's nearly immediate stock recovery and support from Wall Street, the report and related issues could have implications for Roblox's advertising business. Its ad business is barely a rounding error today, but Roblox is still not profitable, so it's trying hard to change that.
Persons: Hindenburg, , Roblox, It's, Hindenberg, Piper Sandler, Ron Kerbs, Roblox's, Roblox isn't, Jeremy Goldman Organizations: SEC, Wall, Service, Hindenburg, Securities, Exchange, Wall Street, Wedbush Securities, WPP, New, Bloomberg Businessweek, Walmart, Warner Bros . Pictures, Facebook, YouTube Locations: Roblox
My long-distance partner and I moved to Massachusetts thinking it was a great place to merge lives. We advanced our careers in Boston but found it to be too expensive and not a great fit for us. The city wasn't what we expected, and we struggled to get used to itBoston had beautiful foliage in the fall but it wasn't enough to make up for our issues with the city. Even our cats, confined to a too-small apartment with views of a similarly run-down building beside us, seemed to feel it: Boston wasn't for us. But by 2021, we knew we had to leave — the two years since our August 2019 move to Boston felt like a decade each.
Persons: , Gilmore, I'd, we're Organizations: Service, Harvard, Boston, Massachusetts Locations: Massachusetts, Boston, Sudbury, Lake Tahoe, New York, DenisTangneyJr, Yorker, Las Vegas
After 15 years of bullishness on Honeywell , JPMorgan is finally moving to the sidelines. In a Thursday note, the Wall Street bank downgraded shares of the Charlotte-based industrial manufacturer to a neutral rating from overweight. Shares of Honeywell are up just 1% on the year but stand to gain almost 10% over the next year, based on Tusa's updated price target. HON YTD mountain HON YTD chart While Tusa said Honeywell shares are cheap, the company's planned divestitures are a short-term headwind. Still, Tusa applauded Honeywell's defensive growth profile, extended visibility from a long cycle backlog and renewed focus on growth under a new CEO.
Persons: Stephen Tusa, YTD, Tusa, divestitures Organizations: Honeywell, JPMorgan Locations: Charlotte
They’ve been higher this WNBA season, starting with the draft in April, than at any point since we’ve had data (2004). A little more than 4,000 people attended their average game in 2023, which ranked them second to last. Angel Reese and Caitlin Clark were teammates in the 2024 WNBA All-Star Game. More people tuned into the average nationally televised WNBA game this season, 657k, than in any season in the 21st century. These Sky-Fever numbers actually match or exceed the average nationally televised MLB regular season game.
Persons: I’m, Caitlin Clark, They’ve, we’ve, Clark, Angel Reese, Juan Ocampo, Reese, Reese showdowns, Tiffany Hayes, Sabally, Ethan Miller, Aaron Judge, Mike Trout, It’s Organizations: CNN, Indiana Fever, WNBA, NBA, hometown Indiana Pacers, Chicago Sky, Getty, CBS Sports, ESPN, Liberty, Las Vegas Aces, Clark’s Locations: York
AI mostly outperformed human executives in an experiment by University of Cambridge researchers. But AI wasn't as good at making decisions in unexpected "black swan" events. That led to AI getting fired by a virtual board of directors more quickly than humans. Because of that, AI got fired more quickly by a virtual board of directors than its human counterparts, which navigated unexpected situations better. When a "black swan" event occurred, the bot couldn't address it as quickly — or as well — as the human executives and students.
Persons: , Hamza Mudassir, Mudassir, LLMs Organizations: University of Cambridge, Service, Cambridge, Harvard Business Locations: Cambridge, OpenAI
Instead, he said it's more worthwhile to follow data about individual companies from the upcoming earnings season, which kicks off Friday. The CPI — which broadly measures the cost of goods and services across the U.S. — rose by 0.2% in September, sending the annual inflation rate to 2.4%. However, the inflation rate still fell from August and hit its lowest reading since February 2021. According to Cramer, whether the Fed cuts rates or not at its next meeting, the general direction of interest rates is trending down. It would take a huge hike in the CPI reading to change the Fed's stance, he said, and Thursday's figures were not extreme.
Persons: CNBC's Jim Cramer, it's, , Cramer, that's Organizations: Federal Reserve
The financial firm upgraded the athletic apparel stock to a buy rating from hold and raised its price target to $97 from $83. — Lisa Kailai Han 6:48 a.m.: Goldman Sachs trims Microsoft price target Goldman Sachs is still bullish shares of Microsoft , despite a minor price target adjustment. However, she accompanied the move by lifting her price target to $80 from $75. Analyst Andrew Mok accompanied the rating change by lifting his price target to $82 from $63. To be sure, he did raise his price target by $10 to $235, implying upside of nearly 10%.
Persons: Joseph Civello, Civello, Caitlin Clark, Lisa Kailai Han, Goldman Sachs, Kash Rangan, Rangan, Bernstein, Harshita Rawat, Venmo, Cash, Rawat, — Lisa Kailai Han, Shagun Singh, Singh, Medtronic, Andrew Mok, Mok, Stephen Tusa, Tusa, divestitures, YTD, Fred Imbert Organizations: CNBC, Barclays, JPMorgan, Honeywell International, Nike, Microsoft, PayPal, RBC, RBC Capital Markets, CVS, Aetna, Honeywell, Dow Jones Industrial Locations: buybacks, Wednesday's
It's why I wrote my book, "Smart, Not Loud: How to Get Noticed at Work for All the Right Reasons," to teach smart professionals how to succeed at work, communicate with confidence, and highlight their genius — without needing to be loudest in the room. It's about being able to focus their energy on the things that give them a return on their efforts. Here are the top four things smart people always do to get noticed and succeed at work:1. Deliver this information clearly, concisely, and directly, and people will perceive you as someone who is smart and engaged. Follow upOne of the most important things you can do to succeed at work is to get comfortable circling back with people.
Persons: It's
China stocks – U.S.-listed shares of Chinese companies fell after Beijing's economic planning agency failed to announce any new major stimulus plans . Online video company Bilibili fell 13%, while automaker Nio and Temu parent PDD tumbled about 6% each. Humana — Shares jumped 2.8% after Bernstein upgraded the beaten-down health insurance company to outperform, even though it substantially decreased its price target. Roblox — Shares fell 4% after Hindenburg Research disclosed a short position on the gaming platform, alleging the company inflated metrics. BTIG upgraded Affirm to buy , with analyst Vincent Caintic lauding the company's growth compared to traditional payment companies like American Express.
Persons: Bilibili, Nio, Young Liu, Blackwell, Bernstein, Roblox, David Byrnes, Byrnes, Jefferies, there's, BTIG, Vincent Caintic, CNBC's Michelle Fox, Hakyung Kim, Pia Singh, Sean Conlon, Alex Harring Organizations: U.S, Vegas Sands, Wynn Resorts, MDU Resources, Super, Nvidia, CNBC, Hindenburg Research, Waters, Jefferies, American Locations: China, Vegas, Macau
Nonfarm payrolls added 254,000 jobs in September, while the unemployment rate fell to 4.1%, down 0.1 percentage points. "It was a very good report across every indicator in there," said Aaron Sojourner, a senior researcher at the W.E. As they barnstorm across battleground states, Harris and Trump paint dueling pictures of the U.S. labor market. Jim Watson | AFP | Getty ImagesThe jobs report adds to a flurry of good economic news in recent weeks, with metrics that could potentially amount to the best economic upswing in decades. Following the jobs report blowout, the Dow Jones Industrial Average closed out last week at a fresh all-time high of 42,352.75.
Persons: Kamala Harris, Donald Trump, payrolls, Dow, Aaron Sojourner, Harris, Trump, Jim Watson, I've, Mark Zandi, Biden, Clinton, Justin Wolfers, stoking Organizations: . Upjohn Institute, Employment Research, Trump, CBS, Republican, Ryder Center for Health, Physical Education, Saginaw Valley State University, AFP, Getty, Federal Reserve, University of Michigan, Dow Jones, Nasdaq, chipmaker Micron Technology, Oracle Locations: U.S, Michigan, America, Saginaw, Saginaw , Michigan
Unlike most of the video games for Xbox or PlayStation, Roblox's games are user-generated — and there are thousands of them. A screenshot of Roblox games rated "all ages." Roblox screenshotOn Tuesday, Hindenburg Research, a short-seller, published a report accusing Roblox of inflating user metrics and deceiving investors. The Hindenburg report also accused Roblox of "exposing children to grooming, pornography, violent content, and extremely abusive speech." Nonetheless, Roblox users identifying as 9 years old and up can still beat up homeless people in "Beat Up People Outside of 7/11" with over 900,000 visits.
Persons: , he'd, SpongeBob, Mickey Mouse, Hindenburg, Roblox, I've Organizations: Hindenburg Research, Service, Xbox, Roblox, Bloomberg, Wal, Safety Locations: Hindenburg, Roblox's, Roblox
Short-seller Hindenburg Research accused Roblox of "lying to investors" and inflating user data. Hindenburg also alleged the gaming platform was unsafe for minors. AdvertisementRoblox stock dropped on Tuesday after short-seller Hindenburg Research accused the gaming platform of inflating user metrics and deceiving investors. Shares in the gaming platform company fell as much as 9.4% in early intraday trading on Tuesday. "The financial claims made by Hindenburg Research are simply misleading.
Persons: Roblox, Hindenburg, , Hindenberg Organizations: Hindenburg, Service, Wall, Hindenburg Research
The Shark FlexStyle is an easy-to-use tool for creating a long-lasting blowout right at home. This one normally costs $319.99, but during Amazon Prime Day, it's $80 off at $239.99. ), there's no sense in waiting any longer — capitalize on the Amazon Prime Day sale, and you can have bouncy at-home blowouts without blowing your budget. The Shark FlexStyle isn't the only great deal available during Amazon Prime Day this year. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.
Persons: Dyson, There's, it's, Watson Anthony, Airwrap, Remi Rosmarin, Rosmarin, We've Organizations: Business, Amazon Prime, Deal, Amazon, Crest
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTApple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant's focus on health. In fact, I would go so far as to say, at the point that Tim Cook decides to relinquish control and he retires ... "Given how deeply and personally invested Tim Cook is in health, I think that a ring is a very complimentary extension to Apple," he said, referring to Apple CEO Cook. Similar to smartwatches, a smart ring is embedded with various sensors to track health metrics like heart rate.
Persons: Tim Cook, Carlos Barria, Ben Wood, CNBC's, Cook, Wood Organizations: Reuters Apple, Samsung, CCS Insight, Apple, Apple Watch, Samsung Galaxy, South Locations: Cupertino , California, U.S, Cupertino, South Korean
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