Netflix's stock,(NASDAQ:NFLX),has reached a new record high this week, marking its strongest performance since the pandemic. This rise comes as other streaming competitors face challenges, with Netflix standing out due to its robust advertising revenue an...

• August 22, 2024 12:30 AM PDT
• Team Kalkine Media

Walt Disney Co. (NYSE:DIS) has appointed former Morgan Stanley CEO James Gorman to head the search for Bob Iger's successor, as the company looks to secure stable leadership before Iger's contract expires in 2026. Gorman, who successfully managed the rece...

• August 22, 2024 12:22 AM PDT
• Team Kalkine Media

Ford Motor Company (NYSE:F) has announced the cancellation of its plans for a large electric sport-utility vehicle (SUV), citing tougher-than-expected market conditions for electric vehicles (EVs). The Dearborn, Michigan-based automaker expects to incur $...

• August 22, 2024 12:20 AM PDT
• Team Kalkine Media

PepsiCo,(NASDAQ:PEP),has been relatively stagnant recently, with its stock trading mostly flat over the last year. Over the past five years, it has returned about 33%, whereas the S&P 500 has nearly doubled in that time. This performance raises questions ...

• August 22, 2024 12:20 AM PDT
• Team Kalkine Media

Headlines,Enbridge Shares Open at $39.00 with Stable Financial Metrics,Quarterly Earnings Exceed Expectations,Institutional Investors Increase Activity in Enbridge,Enbridge's,(NYSE:ENB),shares began trading at $39.00 on Thursday. The company displays a cu...

• August 22, 2024 12:16 AM PDT
• Team Kalkine Media

Gold prices and inflation often share a positive correlation, meaning that as inflation increases, gold prices generally rise as well. This is because gold is frequently sought after as a hedge against currency devaluation. Recently, despite inflation sho...

• August 22, 2024 12:15 AM PDT
• Team Kalkine Media

US stocks are anticipated to continue their upward trajectory on Thursday as the Federal Reserve's Jackson Hole Symposium kicks off, alongside the release of unemployment claims and PMI data.,Futures for the tech-heavy Nasdaq are projected to lead the gai...

• August 22, 2024 12:00 AM PDT
• Team Kalkine Media

Peloton Interactive Inc., a key player in the,Consumer sector,, saw its stock surge by 36.6% on Thursday, reaching $4.29. This significant rise comes after the company reported improved financial results for its fiscal fourth quarter. The strong performan...

• August 22, 2024 12:00 AM PDT
• Team Kalkine Media

Estée Lauder Cos., a major player in the,Consumer Sector,, received an upgrade to "overweight" from "neutral" by Piper Sandler on Thursday. This shift in outlook comes as the company's stock has decreased by nearly 40% in 2024. Analyst Korinne Wolfmeyer e...

• August 22, 2024 12:00 AM PDT
• Team Kalkine Media

Shares of iQiyi, a prominent Chinese video-streaming platform in,Communication Sector,, dropped to a 52-week low following a decrease in both profit and revenue for the second quarter. On Thursday, the stock fell by 15% to $2.60 during early afternoon tra...

• August 22, 2024 12:00 AM PDT
• Team Kalkine Media