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Buy, Hold, or Sell: Dropping 39% From Its All-Time High Under a Hawkish New Fed, Is Netflix an Absolute Buy at $81?
24/7 Wall St.62d agoneutral
Buy, Hold, or Sell: Dropping 39% From Its All-Time High Under a Hawkish New Fed, Is Netflix an Absolute Buy at $81?

At $81.27, Netflix (NASDAQ:NFLX) screens as compelling for investors researching quality growth at compressed multiples. A 39% drawdown from the all-time high has compressed one of the highest-quality compounders in media to a forward multiple that finally looks reasonable, just as the advertising business approaches scale. Netflix runs the world’s largest paid streaming service with ... Buy, Hold, or Sell: Dropping 39% From Its All-Time High Under a Hawkish New Fed, Is Netflix an Absolute Buy a

A Dramatic Shift in Fed Policy Just Unlocked a New Era for Bristol Myers Squibb
24/7 Wall St.62d agoneutral
A Dramatic Shift in Fed Policy Just Unlocked a New Era for Bristol Myers Squibb

With the 10-Year Treasury yielding 4.48% and the Fed signaling more cuts ahead, income investors are hunting for yield that compounds. Bristol Myers Squibb (NYSE:BMY) offers a 4.39% yield backed by 94 consecutive years of dividend payments. The pharma giant is rebuilding around a Growth Portfolio (Eliquis, Camzyos, Breyanzi) while legacy drugs face generic erosion. ... A Dramatic Shift in Fed Policy Just Unlocked a New Era for Bristol Myers Squibb

Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation
24/7 Wall St.62d agoneutral
Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation

A CNBC segment that ran last week opened with a sentence you do not normally hear from a buyer. “It’s stupid. It’s unreasonable… The valuation is really, really aggressive, in my opinion,” said Marvin Jung, a regional director of operations in veterinary care. Then he told CNBC he had requested roughly 1,000 shares of SpaceX ... Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation

Cyber leaders urge US to lift curbs on Anthropic's security models
Reuters62d agoneutral
Cyber leaders urge US to lift curbs on Anthropic's security models

Cybersecurity leaders at major U.S. firms including Nvidia and Adobe have asked the Trump administration to lift restrictions on Anthropic's most powerful AI ‌models, arguing that the bans hamper efforts to prevent the spread of digital ‌attacks. The letter follows Washington's decision on Friday ordering Anthropic to suspend access to its Fable 5 and Mythos 5 ​models for any foreign nationals over national security concerns. The curbs that Washington has now placed on ‌the technology will limit the cybersecurity ⁠industry's ability to find and fix software flaws at a time when other AI tools are making it easier for hackers to exploit vulnerabilities, ⁠according to a letter on Sunday signed by more than 50 security leaders.

Xbox fans waiting on Project Helix get unexpected news from Wedbush
TheStreet63d agoneutral
Xbox fans waiting on Project Helix get unexpected news from Wedbush

The explosion in AI spending is having a ripple effect throughout the tech industry, and now gamers are going to pay the price. To find out just how much weight AI holds in the U.S. economy, the Federal Reserve Bank of St. Louis looked at how much money is being spent on software, R&D and ...

SpaceX’s IPO Was Enormously Successful, but Did It Break the Rest of the Space Industry?
24/7 Wall St.63d agoneutral
SpaceX’s IPO Was Enormously Successful, but Did It Break the Rest of the Space Industry?

The stock market has spent much of the past two years rewarding category leaders. Investors have poured capital into dominant companies with clear competitive advantages while becoming increasingly selective about everyone else. That trend was on full display Friday when SpaceX (NASDAQ:SPCX) completed the largest IPO in history, raising $75 billion at $135 per share ... SpaceX’s IPO Was Enormously Successful, but Did It Break the Rest of the Space Industry?

The Fed Just Triggered a Sharp Tech-Sector Sell-Off: Here Is the 1 Dirt-Cheap Financial Disruptor I’m Buying Hand Over Fist
24/7 Wall St.65d agoneutral
The Fed Just Triggered a Sharp Tech-Sector Sell-Off: Here Is the 1 Dirt-Cheap Financial Disruptor I’m Buying Hand Over Fist

I keep hitting the buy button on SoFi Technologies (NASDAQ:SOFI), and the Fed-driven tech sell-off this month has only made my finger heavier. The stock sits at $16.67, down 36.33% year to date, while the QQQ has gained 16.74% over the same window. That gap is the opportunity. The market is pricing SoFi like a ... The Fed Just Triggered a Sharp Tech-Sector Sell-Off: Here Is the 1 Dirt-Cheap Financial Disruptor I’m Buying Hand Over Fist

Wall Street Analyst: SpaceX IPO Could Unleash Billions in New Public Offerings
24/7 Wall St.65d agoneutral
Wall Street Analyst: SpaceX IPO Could Unleash Billions in New Public Offerings

Citizens’ JMP Devin Ryan, Head of Financial Technology Research, argued on CNBC’s Squawk Box on June 12 that the real story of the SpaceX listing is the message it sends to every other private company sitting on the sidelines. “It’s good to be an investment banker, largest deal ever,” Ryan said, before pivoting to the ... Wall Street Analyst: SpaceX IPO Could Unleash Billions in New Public Offerings

Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire
24/7 Wall St.65d agoneutral
Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire

CNBC Wealth Editor correspondent Robert Frank delivered a milestone moment on air this morning, saying: “By the end of today, Elon Musk will likely become the world’s first trillionaire.” This comes as the result of the long-awaited SpaceX IPO, which is poised to revalue Musk’s privately held stake at public-market multiples and push his net ... Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire

Bank of America makes major reset to Intel stock price target
TheStreet65d agoneutral
Bank of America makes major reset to Intel stock price target

On June 11, Intel (INTC) received a Wall Street revamp that could flip the script on its stock performance, according to a research note shared with me at TheStreet. Investors had been bracing for more skepticism around Intel’s turnaround. The company still faces fierce pressure from Nvidia, ...