Citi’s senior analyst Jason Bazinet says investors expected three things from Netflix (NASDAQ: NFLX) – and its Q1 earnings delivered on “none”.Bazinet’s remarks arrive shortly after the streaming giant posted a “double beat”; per-share earnings of $1.23 on a whopping $12.25 billion in revenue for its first financial quarter.Netflix stock…
Shares of Strategy (previously known as Microstrategy) surged sharply on Friday, tracking a strong rally in Bitcoin that pushed the company’s massive cryptocurrency holdings back into profitable territory.The stock climbed 16.25% to its intraday high, although it is trading 10% higher at the time of writing, extending a five-day rally…
Shares of Microsoft rose more than 2% on Friday after Chief Executive Satya Nadella said the company’s Fairwater artificial intelligence data center in Wisconsin had gone live ahead of schedule, underscoring continued investor focus on its AI expansion strategy.At the time of writing, the stock was trading up 0.39% at…
US markets and global assets moved sharply on Friday as investors reacted to a flurry of geopolitical and market developments, including fresh optimism around a potential US-Iran deal, a surge in Bitcoin, a steep drop in crude oil prices, and continued strength in Nvidia shares.Trump signals Iran nuclear halt as…
US stocks surged on Friday, with major indexes hitting fresh records as investors cheered Iran’s decision to reopen the Strait of Hormuz and growing optimism around a potential end to the Middle East conflict.The Dow Jones Industrial Average jumped 869 points, or 1.8%, while the S&P 500 gained 1.2% to…
Wall Street is heading into next week with the S&P 500 and Nasdaq at fresh record highs, but this still does not look like the kind of market where everything rises together.The latest rally has been helped by easing fears around the Middle East, stronger-than-expected earnings sentiment and the market’s…
The global race to dominate artificial intelligence is increasingly defined not just by capital investment or computing power, but by a fierce, escalating battle for a small pool of elite talent.As Big Tech companies pour billions into AI development, they are aggressively poaching top researchers and engineers from startups and…
US markets rallied sharply on Friday after Iran declared the Strait of Hormuz fully open and US President Donald Trump signaled progress toward a broader agreement to end hostilities in the region.Trump signals progress on Iran dealTrump said Iran had agreed to suspend its nuclear program indefinitely, while also confirming…
Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential easing of tensions in one of the world’s most critical oil transit routes, even as key uncertainties remain.Iranian Foreign Minister Abbas Araqchi said the strait would be open to all commercial…
The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that a financial support program could follow if key conditions are met.Speaking at a press conference in Washington, Georgieva said the IMF is ready to assemble a staff team to work with…