Loop Capital is becoming very bullish on Netflix . The investment firm upgraded shares of the streaming giant to a buy rating from hold. Analyst Alan Gould accompanied the move by raising his price target to $1,350 per share from $1,150. Gould’s revised forecast implies another 12% upside for the stock, which has surged 35% this year. Gould pointed to a strong fundamental backdrop for Netflix, admitting that his prior downgrade of the stock was a mistake. NFLX YTD mountain NFLX YTD chart “We are upgrading our rating back to Buy based on exceptional 3Q engagement, a strong 4Q content…
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A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024.Justin Sullivan | Getty ImagesMortgage rates last week dropped to the lowest level since October of last year. That caused a massive run on refinances, as consumers seek more savings in an uncertain economy.Applications to refinance a home loan jumped 58% last week compared with the previous week and were 70% higher than the same week one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. The refinance share of mortgage activity increased to 59.8% of total applications from 48.8%…
Illustration of the ChatGPT App on the iOS App Store displayed on a phone screen. Nurphoto | Nurphoto | Getty ImagesDespite rapid adoption of large language models like OpenAI’s ChatGPT, few comprehensive studies have delved into exactly how the technology is being used in everyday life — that is, until now. On Tuesday, researchers, including those from OpenAI, released a first-of-its-kind study that examines who was using ChatGPT and for what purposes based on internal messages sent to ChatGPT on consumer plans.Amongst the key findings from the National Bureau of Economic Research working paper was the surge in non-work related messages,…
An eagle is seen on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on Sept. 16, 2025 in Washington, DC, U.S.Kevin Dietsch | Getty Images News | Getty ImagesIf it feels like we have lived through a filler episode before the big season finale, well, that’s because it’s fairly accurate.Investors are anticipating the conclusion of the U.S. Federal Reserve’s meeting Wednesday, when they get to hear its interest rate decision and Chair Jerome Powell’s (arguably more important) press conference.Markets were hence in an awkward limbo Tuesday. U.S.…
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba shares rose on Wednesday after Chinese state media reported that the e-commerce giant secured a major customer for its artificial intelligence chips.China Unicom will deploy Alibaba’s AI accelerators from its semiconductor unit called Pingtouge or T-Head, according to a report from China state broadcaster CCTV. Alibaba does not sell chips directly, but companies can effectively use the computing power based on those semiconductors by buying Alibaba cloud services.A person familiar with the matter endorsed the accuracy of the CCTV report to…
Interior of cheese monger specialist cheese shop, Mons cheese mongers, East Dulwich, London, England, UK. Geography Photos | Universal Images Group | Getty ImagesThe U.K.’s annual inflation rate was steady at 3.8% in August, according to data released by the Office for National Statistics (ONS) on Wednesday.Economists polled by Reuters had expected inflation to reach 3.8% in the twelve months to August.August core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by an annual 3.6%, down from 3.8% in the twelve months to July.”The cost of airfares was the main downward driver this month with prices…
Political campaign group Led By Donkeys project an image of Donald Trump onto Windsor Castle as U.S. President Trump’s second state visit to the U.K. begins on 16th September 2025 in Windsor, United Kingdom.Mark Kerrison | In Pictures | Getty ImagesU.S. President Donald Trump’s state visit to the U.K. kicks into gear on Wednesday, with the White House leader and his wife Melania due to arrive in Windsor Castle as the guests of King Charles III and Queen Camilla.Expect pomp, pageantry and the best of British tradition over the next two days, as the U.K. seeks to deepen its long-standing…
new video loaded: Young Protesters in Nepal Recover Looted Goods for ShopkeepersBy Shanta Nepali, Ang Li and Meg Felling•September 17, 2025After protests left behind a trail of destruction in Nepal, a group of small business owners are stepping in to salvage looted home appliances in an effort to restore order. Source link
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Rafael Henrique | Lightrocket | Getty ImagesBritain’s GSK on Wednesday became the latest pharmaceutical firm to commit bumper investment into the U.S., as President Donald Trump is in the U.K. for a three-day state visit.The drug maker committed to investing at least $30 billion in U.S. research and developing (R&D) and manufacturing over the coming five years.The investment includes $1.2 billion toward advanced manufacturing, AI and advanced digital technologies to deliver “next-generation biopharma factories and laboratories in the United States,” the drug maker said.The investment commitment comes as President Donald Trump is in the U.K. for a three-day state visit.”This…
