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Stocks

“New Netflix analyst on Wall Street says stock could fall 15% if its forced to spend more on content”

“Citi has a new Netflix analyst and he’s joining the minority of Wall Street analysts that are cautious on the stock… “Street estimates [are] too high,” Bazinet said in a note to clients on Tuesday. Over the last seven years, there has… Continue Reading…

Business, Economy

“Main Street remains cautiously optimistic about the US economy”

“As economists and investors debate whether or not a recession looms on the horizon, small business owners believe the economy is poised to keep growing. But they’re nowhere near as confident as they were a year ago at this time. Small business… Continue Reading…

Business, Economy, Stocks

“S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 points”

“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…