Investment Thesis I am bullish on Netflix, Inc. (NASDAQ:NFLX) with a growth potential of 77.8% based on my regression analysis. This stock has been on an upward trajectory, gaining more than 32% over the last year and outperforming the S&P 500 by a margin of about 12%. Seeking Alpha My bullish outlook stems from the company’s growth prospects, innovation, and market position. I find these parameters to be strong long-term growth levers. In addition, the…

Customers on social media have been furious with Chipotle for allegedly skimping on its burrito bowl portions this year. Now, the fast-casual chain’s CEO said the company is making changes. “First, there was never a directive to provide less to our customers,” CEO Brian Niccol said during an earnings call Wednesday. “With that said, getting the feedback caused us to relook at our execution across our entire system.” Niccol said the company will make “generous…

Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when it comes to managing transportation costs. The result is increased competition among shippers for retail volume in a market dominated by FedEx and UPS, according to a new survey from global consulting firm AlixPartners.Retail executives surveyed say as more — especially younger — consumers demand same-day delivery, the financial payoff isn’t there.Roughly…

Vice President Kamala Harris’ allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat former President Donald Trump, according to people familiar with the matter.The call featured dozens of major financiers backing Harris, and lasted over an hour. They include Avenue Capital CEO Marc Lasry, Centerview Partners co-founder Blair Effron, Lazard President Ray McGuire, former Treasury Secretary and veteran banking executive Robert Rubin, businessman Tony Coles, Paul, Weiss chairman…

Mitsubishi Motors Corporation (OTCPK:MMTOF) Q1 2024 Earnings Conference Call July 23, 2024 4:45 AM ET Unidentified Company Representative Thank you for your participation in our FY‘24 First Quarter Results Meeting. While you’re busy today, the competition environment began to normalize as production constraints due to shortage of semiconductor, et cetera have been resolved and the inventory has been replenished in general, and in our core regions demand for automobile is sluggish due to delayed economic…

Delta’s CEO Ed Bastian is speaking out after thousands of flight cancelations left passengers stranded, delayed, and without luggage.In a memo early Wednesday morning, Bastian told customers that he was hopeful the worst was over and systems should be up and running after last week’s CrowdStrike outage that affected one of Delta’s key crew tracking-related tools. Bastian also said in the memo that he’s read customers’ frustrated emails and apologized to those impacted.Related: Delta Is…

A decade ago, Nvidia was a major graphics card maker, vying with competitors like AMD and Intel for dominance. Now it’s an AI giant with 70% to 95% of the market share for AI chips, and the brains of OpenAI’s ChatGPT. It’s also the best-performing stock with the highest return in the past 25 years.Why did Nvidia invest in AI chips over 10 years ago, ahead of the competition? CEO Jensen Huang and board member…

Shares of Ford fell more than 11% in after-hours trading Wednesday after the automaker reported much weaker than expected earnings. The company said it was compelled to set aside more money to cover the cost of repairing customers’ vehicles. The company (F) did not break out how much extra money it set aside to cover warranty expenses, but said “most” of the $1.2 billion drop in operating income in the quarter came from that increased…

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Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way.The yield on the 10-year Treasury note has been lower than most of its shorter-dated counterparts since that time — a phenomenon known as an inverted yield curve which has preceded nearly every recession going back to the 1950s.However, while conventional thinking holds that a downturn is supposed to occur within a year, or at most two years, of an inverted curve, not only did one not occur but there’s also nary a red number in…

Last updated: May 30, 2024 01:36 EDT | 1 min read The US Treasury, on Wednesday, released it first risk-assessment report, exploring the vulnerabilities associated with non-fungible tokens (NFTs). The report stressed that these asset classes are “highly susceptible to use in fraud and scams,” most of which are traditional…

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The captain of a Nepali passenger plane was the sole survivor Wednesday when a Saurya Airlines aircraft taking off from the capital Kathmandu skidded off the runway and exploded, officials said. The disastrous impact that left 18 dead has been captured on video. The pilot was taken to the hospital for treatment.”It is unclear why it crashed,” said Saurya Airlines marketing head Mukesh Khanal, according to Reuters. The plane carrying 18 Nepalis and a Yemeni…

Range Resources Corporation (NYSE:RRC) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Laith Sando – Vice President, Investor RelationsDennis Degner – Chief Executive OfficerMark Scucchi – Chief Financial OfficerAlan Engberg – Vice President Liquid Marketing Conference Call Participants Roger Read – Wells FargoMichael Scialla – StephensDoug Leggate – Wolfe ResearchJake Roberts – TPH & CompanyScott Hanold – RBCNeil Mehta – Goldman SachsArun Jayaram – JPMorganPaul Diamond – Citi Operator Welcome…

Entrepreneur As your business grows, you likely feel the strain of managing increasingly complex finance operations. It’s not just about bookkeeping anymore – you’re juggling accounting, finance, tax, HR and payroll. This intricate system forms the backbone of your business, and getting it right can be the difference between stagnation and explosive growth.Effective finance operations aren’t just nice to have for small and medium-sized businesses — they’re essential. They create the financial infrastructure that supports…

Entrepreneur Navigating the many pressures of leadership can push even the most seasoned CEOs to the brink of burnout. Many factors contribute to CEO burnout. For example, CEOs often feel that the company’s success — and its employees’ livelihoods — rests on their shoulders. They face decision-making that requires constant vigilance. Isolation at the top, where CEOs lack peers to confide in, further exacerbates mental fatigue.The struggle to maintain balance between personal and professional life…

Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty. What’s been described as the largest IT outage in history will cost Fortune 500 companies alone more than $5 billion in direct losses, according to one insurer’s analysis of the incident published Wednesday. The new figures put into stark relief how a single…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were lower Wednesday as the market rotation out of large technology companies into small caps continued. Jim Cramer called out the decline in U.S. government bond yields, saying it points to signs that “the economy is weakening.” Meanwhile, sectors like utilities and health care are holding up. “This…

Check out the companies making headlines in midday trading: Lamb Weston — The potato and french fry company tanked 27% after issuing a disappointing report for the fiscal fourth quarter. Lamb Weston generated adjusted earnings of 78 cents per share on $1.61 billion of revenue. Wall Street analysts were looking for $1.26 per share in earnings on $1.70 billion of revenue, according to FactSet. Lamb Weston also said it expected the new fiscal year to…

The S&P500 (SP500) made an intraday high on July 16th at 5716, based on September 2024 futures (SPX), and it’s currently just under 3% below that level. Is this just a random dip, or the beginning of a deeper correction? For most investors, it really doesn’t matter, as long as the bull market eventually resumes. What matters the most for longer-term investors is whether the current 3% dip could be the beginning of a prolonged…

Despite a bombshell report and a shout-out of gratitude from Donald Trump, Elon Musk has broken the news that he is not donating $45 million monthly to a Super PAC backing Trump’s campaign.In an interview with Jordan Peterson published Monday, Musk denied a Wall Street Journal report from last week that alleged the billionaire had agreed to make the mega-donations to America PAC after publicly endorsing Trump in the 2024 election. My conversation with @elonmusk.…

Shares of tech companies slid Wednesday after lackluster earnings reports from two of the market’s most prominent heavyweights. The Nasdaq Composite declined 2.6%. The S&P 500 fell 1.7% and the Dow lost 0.9%. Big Tech’s decline comes after Tesla’s second-quarter results released Tuesday evening showed a second-straight decline in quarterly profit and that its profits plunged more than 40% from a year ago. The electric vehicle maker faces growing competition from established automakers domestically and…

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