After a siding with the bulls in the run-up to Netflix’s latest earnings report, CNBC’s Jim Cramer explained why the quarter made him more optimistic about the company’s future, saying he was impressed by management’s outlook and commentary about content.”If you were worried about Netflix not having enough levers to pull in order to generate growth going forward, or at least enough growth to justify the stock’s price-to-earnings multiple, I think those concerns have been put to bed by last night’s earnings report,” he said. “Near-term, the Netflix bears will hibernate, but just remember all these positives when they inevitably…
Author: usaeverydaylife
Morgan Stanley sees upside for several stocks as their latest fiscal results are announced. Earnings season is in full swing, with about one-tenth of S & P 500 companies reporting over the past week. About 20% of the index plans to release results next week. Consensus estimates are for S & P 500 third-quarter earnings per share to be up 3% year over year on sales growth of 4% year over year, equity strategist Michelle Weaver wrote in a note Wednesday, which included team analysis. “If the 2Q patterns hold, companies would need to beat on both EPS and Sales…
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesCompany: Air Products and Chemicals (APD)Business: Air Products and Chemicals is an industrial gases company. It’s focused on serving energy, environmental and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing and food. Air Products also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, it provides turbomachinery, membrane systems and cryogenic containers globally. Air Products has…
Israel’s Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. Mike Segar | ReutersThe Israeli government said a drone was launched toward the prime minister’s house Saturday, with no casualties, as Iran’s supreme leader vowed that Hamas would continue its fight against Israel following the killing of the mastermind of last year’s deadly Oct. 7 attack.Sirens wailed Saturday morning in Israel, warning of incoming fire from Lebanon, including a drone launched toward Israeli Prime Minister Benjamin Netanyahu’s house in Caesarea, the Israeli government said. Neither he nor his wife were home and there…
The political action committee funded by billionaire Elon Musk to help re-elect former U.S. President Donald Trump is struggling in some swing states to meet doorknocking goals and is investigating claims that some canvassers lied about the number of voters they have contacted, according to people involved in the group’s efforts.The difficulties, in pivotal battleground states including Wisconsin and Nevada, come as the group, America PAC, races to enlist voters behind the Republican candidate in the final two weeks before the Nov. 5 election. Four people involved in the group’s outreach told Reuters that managers warned canvassers they are missing…
U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to win the seat of retiring U.S. Sen. Mitt Romney, June 10, 2024, in Salt Lake City.Rick Bowmer | APSALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a favorite of the crypto industry in his bid to win the Senate seat held by the departing Mitt Romney. He took a somewhat oblong route through the telecommunications sector to get there.At an event in Salt Lake City last week, Curtis told a few dozen crypto enthusiasts that he had a conversation…
Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, September 25, 2024. Office of the Iranian Supreme Leader | ReutersIran’s Supreme Leader Ayatollah Ali Khamenei said on Saturday the death of Hamas leader Yahya Sinwar will not halt the “Axis of Resistance” and that Hamas would live on.”His loss is undoubtedly painful for the Axis of Resistance, but this front did not cease advancing with the martyrdom of prominent figures,” Khamenei said in a statement. “Hamas is alive and will remain alive.”Sinwar, the architect of Hamas’ Oct. 7, 2023, attack on Israel that triggered the war in…
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersThe BRICS group will generate most of the global economic growth in the coming years thanks to its size and relatively fast growth compared with that of developed Western nations, Russian President Vladimir Putin said on Friday.Putin hopes to build up BRICS – which has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa – as a powerful counterweight to the West in global politics and trade.The Kremlin leader is…
Lynx hold off Liberty in an intense WNBA Finals Game 4, forcing winner-take-all Game 5: Live updates and reactionsMINNEAPOLIS — The first three games of the 2024 WNBA Finals threatened to turn into laughers at the start, with one team racing out to a double-digit lead.On Friday, with the finals trophy in the building and the prospect of elimination in the air, the game’s tenor was far less one-sided. Neither the Minnesota Lynx nor the New York Liberty led by more than six points, and there were 14 lead changes and 13 ties.And after watching New York make every big…
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.Getting preapproved for a credit card doesn’t guarantee you’ll be approved, but it can give you a better idea of your approval odds with no hard inquiry. There is no impact on your credit score until you formally apply.Not every card issuer offers preapprovals. Below, CNBC Select details the top credit cards that generally offer preapproval or prequalification and how they work. (See our methodology for more information on how we made this list.)Best credit cards that offer preapproval in 2024Best for travel rewardsAmerican Express® Gold CardOn the…
