Why Netflix Stock Lost 17% in June
Reports that Netflix was still looking for an acquisition seemed to worry investors. Shares of Netflix (NFLX0.01%) were drifting lower last month…
Read articleReports that Netflix was still looking for an acquisition seemed to worry investors. Shares of Netflix (NFLX0.01%) were drifting lower last month…
Read articleThe new restrictions signal one of the biggest crackdowns yet on the travel platform.Not much can slow down Airbnb (ABNB 2.28%) these days, it seems. Months of rumors of an “Airbnbust” failed to sap the vacation giant’s growth, nor have sustained weakness in consumer spending, concerns about inflation, or the possibility of a recession. Now,…
Read articleIt’s disrupting a huge industry, and it just hit a new all-time low.Picking market-beating stocks in a volatile economic environment is no easy feat, especially as some economists are calling for a deep recession next year. In an uncertain environment, though, it’s always smart to look for stocks with sustainable competitive advantages, attractive valuations, and…
Read articleThe home-sharing stock could soar next year.Airbnb (ABNB 3.30%) has transformed the travel industry. Just a decade ago, the home-sharing platform was a little-known fringe concept, but today the idea of renting a stranger’s home has gone mainstream. For many travelers, staying at an Airbnb has replaced hotels, and millions of people supplement their income…
Read articleWhile monopolies may be bad for consumers, they’re actually good for investors. If you find a company that has a dominant market share, especially in a large and growing market, it’s a good idea to put your money behind it. Setting aside any regulatory risks, these companies tend to have huge profit margins and wide…
Read articleSports wagering has enjoyed phenomenal growth over the past year.Sports betting is one of the fastest growing areas of online gambling, which itself was all that managed to keep casinos afloat during the pandemic, and New Jersey has quickly become the sports betting capital of the country.
Read articleSubscribers appear to have taken the price hike in stride.Netflix (NFLX) quarterly reports are always full of surprises. The streaming stock has a history of moving wildly on earnings reports as its subscriber numbers tend to fluctuate significantly in ways that are difficult to predict. Netflix also aims to provide guidance that is accurate, sharing…
Read articleThe online car dealer gained on momentum from the recovery and positive analyst commentary.What happenedShares of Carvana (CVNA) were climbing last month as a series of bullish analyst reports, positive third-party data, and momentum from the recovery pushed the online used car dealer higher. According to data from S&P Global Market Intelligence, the stock finished…
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