Tag Archives: Netflix Inc

Some Wall Street analysts are betting that the rollout of 5G iPhones from Apple will result in record sales in 2021, eclipsing the 200 million-plus unit mark set in 2015-2016 when larger screens were introduced. David Paul Morris | Bloomberg | Getty Images Signs of a pricey stock market are …

General view of the Hollywood Sign on November 17, 2020 in Hollywood, California. AaronP/Bauer-Griffin | GC Images | Getty Images After months of rising coronavirus cases, hospitalizations and deaths in California, several Hollywood guilds and labor unions are recommending that in-person production of television shows and independent films be temporarily …

Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in …

CNBC’s Jim Cramer on Wednesday said the stock market is full of pessimism, creating an opportune moment for investors. “Fairly or unfairly, this is a great moment for the stock market,” the “Mad Money” host said. “The promised land is right there. We’ve still got to get through the worst …

The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are handing the baton back to the lockdown winners because lockdown …

Stocks on Tuesday rebounded from a weak morning trade, powered by moves from younger traders, CNBC’s Jim Cramer said after the close. Before the S&P 500 managed to set new highs during the trading day, the broad index was down 0.35% at its lows. The index swung up 0.28% by …

Hollywood movie producer Jason Blum recently told the New York Times that coronavirus has “shaken the movie business to its bones,” but the head of Blumhouse Productions, best known for its horror films, is bullish on the post-Covid future of movie theaters. Though he sees some big changes coming if …

Doug McMillon, CEO of Walmart. Adam Jeffery | CNBC Walmart CEO Doug McMillon said the discounter wants to grow its new membership program, Walmart+, but won’t sacrifice customer experience for subscriber numbers. “One of the worst things we could do would be to sell a bunch of Walmart+ memberships and …

CNBC’s Jim Cramer on Tuesday doubled down on his forecast that Big Tech stocks have more upside in store as the market steers toward the end of the year. Facebook, Amazon, Apple, Netflix and Google-parent Alphabet shares, some of Wall Street’s hottest trades of 2020, have lagged the broader market …

CNBC’s Jim Cramer on Monday bemoaned the stock market rotation from the high-flying growth tech stocks and into lagging stocks in the market. “I’m so sick of hearing that it’s time to rotate into the small caps, or the oils, or the cyclical smokestack stocks,” the “Mad Money” host said. …

People walk through the King of Prussia mall, on Black Friday, in King of Prussia, Pennsylvania. Sarah Silbiger | Reuters Instead of rushing to malls, Black Friday shoppers largely headed to retailers’ websites this year. The deal-heavy holiday came in the middle of a sales season that began in October …

Promising developments on the vaccine front have sparked optimism that the pandemic’s end may be in sight. But if the market trends that immediately followed positive vaccine news are any indication, some sectors will benefit a lot more than others. Massachusetts-based biotech company Moderna said last week that its coronavirus …