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Netflix subscriber numbers to take a hit from removal of Russian customers, analysts warn
The streaming platform on March 6 pulled its service in Russia following the country’s invasion of Ukraine. Source
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‘Forget FAANG’ and focus on value stocks in the current inflationary environment, Jim Cramer says
CNBC’s Jim Cramer on Monday advised investors to turn away Big Tech and other growth stocks that are likely to be hard hit as the Federal Reserve raises interest rates. “For the moment, I do think we have to forget most of FAANG and focus on the money centers. The oils. Retailers with tremendous scale. […]
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Apple lets you watch MLB games for free now so it can sell you another iPhone later
Max Scherzer #21 of the New York Mets delivers a pitch in the third inning against the Miami Marlins in the Spring Training game at Roger Dean Stadium on March 21, 2022 in Jupiter, Florida. Mark Brown | Getty Images Starting Friday, Apple TV+ will stream a doubleheader of MLB games each week. For the […]
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Be conservative with FAANG stocks as anticipated Fed rate hikes spurn a market pivot, Jim Cramer says
CNBC’s Jim Cramer said Thursday that he expects the market to pivot to a bull market for recession-proof stocks rather than expensive growth names. When the Federal Reserve decides to combat an “inflationary spiral with higher [interest] rates, you’re not supposed to buy expensive growth stocks. The hedge fund playbook says that you should sell […]
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UFC, Formula 1 and WWE could be the next acquisition targets for streaming giants
(L-R) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Arena on UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. Chris Unger | UFC | Getty Images In 2016, before Ultimate Fighting Championship sold for $4 billion to the company that […]
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Some of the first quarter’s biggest losers could be the biggest steals, Jim Cramer says
Investors should consider purchasing stock of the first quarter’s biggest losers if the market shows signs of recovering on its own, CNBC’s Jim Cramer said Monday. “This market’s screaming that we’re headed for a [Federal Reserve]-mandated slowdown, that could possibly become a Fed-mandated recession,” the “Mad Money” host said. “If we get more signs that […]
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Here are Wednesday’s biggest analyst calls of the day: Tesla, Netflix, Apple, McDonald’s & more
Here are the biggest calls on Wall Street on Wednesday. Source
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Buy these ‘safe haven’ global tech stocks as risk-appetite returns, Morgan Stanley says
Morgan Stanley names its top “safe haven” and growth stocks to own as market risk-appetite returns. Source
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Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]
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Eurazeo’s Adrianne Shapira says consumers are strong and have ‘shrugged off a lot’
France-based investment firm Eurazeo sees consumers spending healthily as geopolitical turmoil and inflation roil the economy, managing director Adrianne Shapira told CNBC’s Jim Cramer on Monday. “So far, the consumer is strong. I mean, we really have seen across our portfolios, strong performance. Again, we [invest in] earlier stage growth equities, so I’d say we’ve […]
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