Goldman upgrades Netflix as streaming giant regains momentum in content creation
The bank upgraded shares to neutral from sell. It also raised its price target to $400 from $230, which implies more than 9% downside from Monday’s close.
Secret Service investigating ‘white, powdery substance’ found in West Wing
A D.C. fire department radio dispatch said the substance, which was found in a “work area” of the White House, tested positive for cocaine, NBC News reports.
Airlines struggled ahead of July Fourth weekend. Their stocks didn’t
Airline disruptions piled up over the last week, but their stocks are soaring as travelers return.
Goldman’s ‘Rule of 10’ for investing and stocks meeting that criteria today
The investment bank found the top 10 stocks in the S&P 500 were responsible for 32% of the benchmark’s return in the average year since 1995.
Chart analyst Katie Stockton says S&P 500 has a ‘better opportunity’ to go to new highs thanks to megacap leaders
Fairlead Strategies’ Katie Stockton called the breakout to new highs in megacap tech stocks such as Apple a ‘big deal.’
Severe storms threaten July 4th travel, festivities across South and Northeast
The strongest storms will target Kentucky and Tennessee, potentially bringing damaging wind gusts over 65 mph and ping pong size hail.
With just 8% of new vehicles costing under $30,000, ‘it’s the least affordable car market in modern history,’ expert says
As consumer tastes change, carmakers are upgrading their lineups and scaling back on less-expensive cars.
Why Ford says new high-tech features for its Super Duty trucks will save marriages
The 2023 Ford Super Duty lineup is designed to ease difficulties with some of the vehicles’ most important functions: towing and carrying/hauling.
Make way for ‘an old school money contraction’ in the second half, says one market strategist
Don’t anticipate for another catastrophic collapse to affirm your recession predictions this year, says Canaccord Genuity Chief Market Strategist Tony Dwyer.
Marlboro maker Altria’s bet on smoke-free products
Altria says it wants to help smokers transition away from cigarettes to what it calls “reduced harm alternatives” such as e-cigarettes.
