UBS analyst Eric Sheridan downgraded the Netflix Inc. NFLX stock rating, -1.90% Neutral since buying on Tuesday, writing that while the company appears ready to report a strong June quarter as it continued to benefit from COVID-19 locks, investors appear to have valued these benefits in Netflix stock. Shares fell …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »Bigger tech stocks get even bigger: Amazon, Apple, and Microsoft stocks set records
Text size The four largest technology companies are now worth almost as much as the next 19 largest companies listed in the United States together. Tomohiro Ohsumi / Getty Images Mega-capitalization technology companies are growing again. On another strong day for the general market on Monday, the shares were led …
Read More »YouTube TV price hike underscores Netflix’s power, analyst says
Bernstein analyst Todd Juenger said Alphabet from Alphabet Inc., + 1.49% GOOG, + 1.33% The decision to raise its YouTube TV price to $ 65 a month from $ 50 a month highlights the underrated pricing power that Netflix Inc. NFLX, the other streaming medium, + 1.74% have. “The biggest …
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