All posts tagged: Stock

Netflix Stock Falls After Wells Fargo Downgrade Due to Engagement

Netflix Stock Falls After Wells Fargo Downgrade Due to Engagement

Published by Daniella Wilson

Netflix shares fell nearly 5 percent on Friday after Wells Fargo downgraded its stock and price target, citing concerns over user engagement. The report, by Wells Fargo analyst Steven Cahall, was titled “Engagement Risk,” and noted that the trends for viewer engagement were concerning, with the streamer falling in the Nielsen Gauge and the top 100 titles also seeing a slight year-over-year decline. “Engagement trends look worrying to us,” the report states. “TLDR: NFLX has lacked big original series & it’s showing.” As for what’s causing the drop in engagement, Wells Fargo speculates that Netflix is taking the fight to YouTube and may be at fault, citing increased investment in video podcasts, creator deals, games and other genres, with the streamer leaning more into content diversity. The company can turn things around, but the bank sees “tougher choices ahead.” “Options incl a content spend reboot (takes time), licensing 3P content incl live sports (e.g. from FOXA, NBCU) and/or M&A…so a messier NFLX story,” Cahall writes. “Where we could be wrong: 1) Content spend is at …

SEC unveils exemption for tokenized stock trading

SEC unveils exemption for tokenized stock trading

Published by Sam Flores

The Securities and Exchange Commission (SEC) unveiled its long-awaited “innovation exemption” Thursday, a new order aimed at clearing the way for tokenized stock trading in the U.S. The order creates a pair of five-year exemptions. The first exempts platforms that host tokenized stock trading from the commission’s definition of an exchange, while the second exempts… Source link

Musk’s long-time backer is giving SpaceX stock to its investors

Musk’s long-time backer is giving SpaceX stock to its investors

Published by skeptic

VC firm Valor Equity Partners, founded by Antonio Gracias, a long-time Elon Musk backer and current SpaceX board member, has opted to simply give away a chunk of its SpaceX stock to its limited partner investors, according to an SEC filing spotted by Bloomberg. Valor made a killing on SpaceX after investing in it over decades, with entities controlled by Gracias owning more than 500 million shares at the time of the IPO. This was second only to Musk (who owned over 6 billion shares at the time). But instead of cashing out and issuing returns to LPs, Valor handed over 8.5% of its holdings to them, worth about $8.5 billion, Bloomberg estimates. Valor will still own more than 460 million shares after the giveaway, the SEC disclosure form says. Transferring ownership of the shares could give those Valor limited partners a tax advantage. More importantly, it avoids dumping a giant tranche of shares into the open market. Such a dump could cause a glut of available shares and a corresponding dip in price. SpaceX …

Larry Ellison cancels .5 billion sale of Oracle stock

Larry Ellison cancels $7.5 billion sale of Oracle stock

Published by skeptic

Oracle co-founder and executive chairman Larry Ellison has canceled a planned sale of his Oracle stock, the company announced on Saturday. Oracle had previously disclosed in a regulatory filing that Ellison planned to sell 50 million shares worth around $7.5 billion, according to Reuters. The company did not offer a reason for the change in plans. “No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock,” the company said. Oracle stock is currently down 22% since the beginning of the year. The company has been spending heavily on data centers, and it recently became one of the major owners and security partners for TikTok’s U.S. operations. Ellison has also used his wealth to back his son David’s acquisition of Warner Bros., which is currently being contested in court. Source link

iPhone 18 Pro Max live stock updates: Where to pre-order in UK today

iPhone 18 Pro Max live stock updates: Where to pre-order in UK today

Published by Daniella Wilson

iPhone 17 iPhone 17 Pro iPhone 18 Pro iPhone 18 Pro Max £799 £999 £1,199 £1,299 6.3″ 6.3″ 6.3″ 6.9″ Lavender, Sage, Mist Blue, Silver, Black Cosmic Orange, Deep Blue, Silver Burgundy, Glacier, Silver, Black Burgundy, Glacier, Silver, Black 30 hours battery 31 hours battery 34 hours battery 43 hours battery 48MP main camera, 48MP ultra-wide 48MP main camera, 48MP ultra-wide, 48MP Telephoto 48MP main camera, 48MP ultra-wide, 48MP Telephoto 48MP main camera, 48MP ultra-wide, 48MP Telephoto A19 Chip A19 Pro Chip A20 Pro Chip A20 Pro Chip 256GB, 512GB 256GB, 512GB, 1TB 256GB, 512GB, 1TB, 2TB 256GB, 512GB, 1TB, 2TB Apple’s newest iPhone range is available for pre-order from today, bringing us vast improvements to the range’s camera and battery life, not to mention two sleek new colourways. The iPhone 18 Pro and 18 Pro Max were unveiled at the Apple Event on Thursday alongside the tech giant’s most dramatic redesign ever: the folding iPhone Duo. However, while the Duo won’t be available until October, the 18 Pro and Pro Max are ready for …

Scarcity Warnings In Physical World Send Commodities To 14-Year High, Threatening Stock Rally

Scarcity Warnings In Physical World Send Commodities To 14-Year High, Threatening Stock Rally

Published by Jenni Sidey

Readers are familiar by now with the broad-based commodity rally, with energy, agricultural products and metals moving sharply higher as former Goldman Sachs commodities head Jeff Currie warned this summer of growing scarcity in the physical economy. The Bloomberg Commodity Index has climbed to levels last seen in 2012… … while the Quantix Commodity Index has hit a new record high. Bloomberg macro strategist Simon White is out with a new note this morning warning that the commodity rally is threatening to squeeze corporate margins and household spending, raising questions about how long stocks can withstand an inflation shock spreading well beyond oil. White wrote: Stocks are reacting negatively to the inflation and growth risks from commodities, which have just reached levels not seen since 2012. Commodities are rallying, but this is no longer principally an oil story. The rally is instead broadening out. Since the beginning of August, not only are energy prices rising, such as European gas (up 34%), or gasoline (+22%), metal prices are also rising (zinc, copper), as well as precious …

Gal Gadot was on top of the world. In 2026, she has become a laughing stock

Gal Gadot was on top of the world. In 2026, she has become a laughing stock

Published by Daniella Wilson

Get the latest entertainment news, reviews and star-studded interviews with our Independent Culture email Get the latest entertainment news with our free Culture newsletter Get the latest entertainment news with our free Culture newsletter Gal Gadot is running out of road. Since rocketing to fame as a steely Amazonian superhero in 2017’s Wonder Woman, the 41-year-old Israeli actor has been unable to wrap that golden lasso of hers around a decent film role for love nor money. There were the despairing Wonder Woman followups – the cacophonously emo Justice League and gaudy scorn-magnet Wonder Woman 1984. There was the dopey Agatha Christie adaptation Death on the Nile (Whodunnit? Whocares!). The turgid espionage thriller Red Notice, which sandwiched Gadot between The Rock and Ryan Reynolds, all fizzing with the sort of wonderful tri-directional chemistry you’d normally only get to see by asking Grok to generate its own remake of The Philadelphia Story. That was 2021, and who’d have thought there was still some bottom left to this barrel? Last year brought Snow White, with Gadot slumping …

Hartnett: A Democratic Sweep Will Trigger A Stock Market Rout, And Pop The AI Bubble

Hartnett: A Democratic Sweep Will Trigger A Stock Market Rout, And Pop The AI Bubble

Published by Jenni Sidey

The biggest story last week was not the unexpectedly hot jobs report which, unfortunately, will be revised sharply lower next month as the labor market reverts to its deteriorating, AI-enhanced, trendline: Instead, what everyone was – or should have been focusing on – was the bottom falling out of the bond market with global yields jumping to the highest level in 2 decades, to wit:  10Y Treasury yields jumping to 4.81%, near 2008 crisis levels 30Y Treasury yields jumping to 5.31%, highest since 2007 Japan 10Y JGB  >3.0%    First time since 1996 Japan 30Y JGB  4.2%, or 4x the BoJ policy rate German 10Y Bund  3.38%, post-2011 high France OAT-Bund spread 88bps, 2012 crisis highs Italy BTP-Bund spreads, 84bps, 2012 highs A Bloomberg index of global bond yields just rose to the highest since 2007, and is just 1% away from the highest levels this century. Appropriately, the topic of soaring bond yields is also the kick-off theme of the latest weekly Flow Show (available to pro subs) from BofA’s Michael Hartnett, who writes …

Does Shein’s market slide spell the end of fast fashion?

Does Shein’s market slide spell the end of fast fashion?

Published by Daniella Wilson

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more For a while, it seemed like Shein was set for world domination. The China-founded company heralded a new era for fast fashion, one whereby new items were uploaded within hours, and entire outfits could be bought for under £5. This was fast fashion on drugs, and the high became addictive. In the year to the end of March, Shein had more than 273 million active customers who placed more than a billion orders. Now, it looks like the golden age might be losing its shine. On Tuesday, shares in Shein fell by 6 per cent, a surprising drop for the company that was once valued at $100bn (£73bn); now, after having gone public on the Hong Kong stock exchange, it’s worth just a quarter …

The ‘Daejon Love’ Stock Market

The ‘Daejon Love’ Stock Market

Published by Jenni Sidey

Submitted by QTR’s Fringe Finance Words cannot do justice to the sheer idiocy of the story that broke this past week. It is hilarious, depressing, fascinating and deeply embarrassing for the human race all at once…a story that is proof that we may collectively be both far more gullible and far more comfortable with deception than even the most cynical among us previously imagined. The story centers on a man named Daejon Love who, according to federal prosecutors, allegedly spent years convincing women that he was a professional football player for the San Francisco 49ers when he wasn’t. Not trying out for the 49ers. Not once affiliated with the team. Not played professionally somewhere else and exaggerated the details. He convinced women that he was an actual NFL player for one of the most famous franchises in American sports when we wasn’t. Yes. You read that right. In an era in which the entirety of all human knowledge is accessible from a 6 inch by 2 inch rectangle sitting in literally everyone’s front pocket, this 35 …