NFLX Nov 2024 620.000 call
- Yahoo Finance Video
Will Netflix and Exxon stock keep ripping to record highs?
The broad market rally that kicked off after the Fed’s surprise 50 basis point rate cut has stalled as geopolitical tensions in the Middle East climb. Apparently, two household name stocks haven’t gotten that risk-off memo. Shares of Netflix (NFLX) and ExxonMobil (XOM) are trading at record highs, of course, for very different reasons. Netflix continues to benefit from optimism around new revenue streams, such as its cheaper ad-supported tier and the prolonged trend toward cord-cutting. Meanwhile, ExxonMobil’s stock is being powered by those aforementioned Middle East tensions setting the stage for $100 a barrel oil. Will both of these large-cap stocks keep plowing forward? Yahoo Finance Executive Editor Brian Sozzi serves up his quick hot analysis on each.
- Investing.com
Barclays downgrades Netflix rating, says revenue growth likely to slow
Investing.com -- Netflix (NASDAQ:NFLX) has built an "exceptional" business fueled by a surge in popularity in content streaming, but revenue growth at the entertainment giant is likely to slow, according to analysts at Barclays.
- Barrons.com
These Stocks Are Moving the Most Today: Pfizer, Arcadium Lithium, Apple, Tesla, DuPont, Netflix, and More
Activist investor Starboard has taken a $1 billion stake in Pfizer, according to a report, Rio Tinto approaches Arcadium Lithium about a potential acquisition, and Apple shares are downgraded.
