Mark Mahaney is bullish on Netflix stock despite disappointing outlook

Shares of Netflix Inc (NASDAQ: NFLX) tanked first but then recovered fully in extended hours even though the streaming giant issued disappointing guidance for its current quarter. Here’s what Netflix expects for Q2 The mass media company now forecasts a 3.4% annualised growth in its Q2 revenue to $8.24 billion on $2.84 of per-share earnings.… Continue reading Mark Mahaney is bullish on Netflix stock despite disappointing outlook

Buy Sunrun shares for a 35% return over the next 12 months: KeyBanc

Sunrun Inc (NASDAQ: RUN) has been a disappointment for its shareholders in recent months but a significant recovery may be in the books over the next twelve months, as per a KeyBanc analyst. Sunrun shares have upside to $27 On Tuesday, Sophie Karp upgraded the solar stock to “overweight” and said it had upside to… Continue reading Buy Sunrun shares for a 35% return over the next 12 months: KeyBanc

Spruce Point targets Nuvei stock in its ‘strong sell’ report

Nuvei Corp (TSE: NVEI) is trading down on Tuesday after Spruce Point revealed a short position in the financial technology company. Nuvei was involved with FTX The short seller is primarily taking aim at the payments firm for its involvement with FTX. In its bankruptcy filings, the recently collapsed crypto company (find out more) had… Continue reading Spruce Point targets Nuvei stock in its ‘strong sell’ report

Biopharma stock Bellus Health almost doubled today: find out why

Shares of Bellus Health Inc (NASDAQ: BLU) almost doubled this morning after GSK plc (LON: GSK) said it will buy the biopharmaceutical company for about $2.0 billion. Details of the announced acquisition The all-cash agreement values Bellus Health shares at $14.75 that translates to more than a 100% premium on their previous close. GSK is… Continue reading Biopharma stock Bellus Health almost doubled today: find out why

What stock index is best? S&P 500 top since 2008 crash, DAX and Nikkei next – A Report

This is part one of a series on the performance of stock market indexes across the world. This piece will focus on a high-level overall view, while the ensuing reports will be more detailed into the performance of each respective index/country, and what the future holds for each nation/region. If you have any feedback or… Continue reading What stock index is best? S&P 500 top since 2008 crash, DAX and Nikkei next – A Report

BNY called ‘port in the storm’ as assets under custody hits $46.6 trillion

Bank of New York Mellon (NYSE: BK), announced stronger financial results as inflows continued in the first-quarter. The company, which was started by Alexander Hamilton, said that its revenue jumped by 11% while its earnings per share rose by 30%. In all, the company said that its revenue soared to $4.4 billion in Q1 even… Continue reading BNY called ‘port in the storm’ as assets under custody hits $46.6 trillion

Blackstone stock price: BX is a good buy ahead of Q1 earnings

The Blackstone (NYSE: BX) stock price has crawled back in the past few days as investors wait for the upcoming quarterly earnings. The shares rose to a high of $87, which was ~20% above the lowest point this year. Other private equity stocks like Carlyle, KKR, and Brookfield have also underperformed in 2023. Blackstone earnings… Continue reading Blackstone stock price: BX is a good buy ahead of Q1 earnings