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Netflix (NFLX) is reportedly expanding its efforts to make unscripted TV, with the streaming giant reportedly meeting with Spotify (SPOT) and The Daily Beast, owned by IAC (IAC), according to The Wall Street Journal. Rivian's (RIVN) second quarter production numbers fell short of Wall Street's expectations, putting downward pressure on the electric vehicle (EV) maker. Microsoft (MSFT) is cutting roughly 9,000 workers — around 4% of staff. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here...
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Microsoft is cutting 9,000 jobs as executives order staff to delegate more work to artificial intelligence (AI)...
Continue ReadingSure, Microsoft, Meta and Nvidia have bounced back. But the Magnificent Seven and rest of tech may still have more room to run...
Continue ReadingAmazon's 96-hour Prime Day could drive more than $21 billion in sales, according to Bank of America...
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Jefferies Bets on Apple After April--May iPhone Volumes Soar...
Continue ReadingInvesting.com -- Truist analysts raised their price target on Amazon (NASDAQ:AMZN) shares to $250 from $226 in a note Wednesday, maintaining a Buy rating on the stock...
Continue ReadingThe cuts mark the biggest jobs cull since early 2023 when Microsoft axed 10,000 workers...
Continue ReadingTesla reported second-quarter vehicle deliveries of 384,122, slightly below analyst consensus but not as low as some feared, before Wednesday's stock market open. TSLA rose after the deliveries report. The EV giant also released electric vehicle production numbers along with energy storage deployed data around 9 a.m. ET...
Continue ReadingTesla stock jumped 4% in early trading to $312.81, while the was up 0.2% and the was down 0.1%. “Fireworks come early for Tesla,” wrote Wedbush analyst Dan Ives, calling the results better than feared. Ives rates Tesla stock Buy and has a $500 price target for shares...
Continue Reading"Boring" stocks might not attract many investors, but those who dismiss mobile providers like Verizon and AT&T might be missing out on a solid opportunity...
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