Shares of Netflix Inc NFLX 1.77% have been surging in recent years, and the stock’s 137.3 percent year-to-date return is more than double the return of any other stock in the S&P 500. What’s behind Netflix’s outsized gains and where will the company go from here?
In a new blog post on Thursday, Chris Urmson, director of Google Inc GOOG 16.05% GOOGL 16.26%’s self-driving car project, disclosed that, for the third time in recent weeks, one of the company’s fleet of 23 self-driving Lexus prototypes was involved in a minor traffic accident. Three Google employees were sent to the hospital after…
In his weekly Greed and Fear report, CLSA analyst Christopher Wood looks at the drama unfolding in Greece. Wood sees the latest developments as an indication that Europe is headed toward an “extend and pretend” approach to Greece.
In a new report, Morgan Stanley calls athletic footwear “the trend to play” during Q2 earnings season. Analyst Jay Sole suggests two pair trades in the space that the firm believes will allow traders to capture outperformance while limiting overall risk.
KeyBanc downgraded Domino’s Pizza, Inc. DPZ 4.78% from Overweight to Sector Weight on Friday. In the accompanying report, analyst Chris O’Cull explains that the company’s rising share price now fully reflects the positive aspects of KeyBanc’s outlook.
Shares of car rental company Hertz Global Holdings Inc HTZ 11.89% are surging 12 percent on Friday following the company’s restatement of more than two years of financial results.
According to a new report by Vietnamese news site Tuoi Tre News, The Coca-Cola Co KO 0.55% must comply with local environmental regulations in Vietnam or risk losing its license to operate.
While much of the financial world remains focused on economic developments in Greece and China, MKM Partners analyst Harry Fong released a report this week discussing the potential outcome of a default in Puerto Rico.
A new report by Goldman Sachs analyst Ruth Brooker focuses on the M&A environment in the oil industry. The collapse in oil prices has put many smaller oil companies in a precarious position when it comes to their balance sheets, and Goldman believes that oil majors could soon take advantage by going on a shopping…
In a new report out this week, Barclays analyst Felicia Hendrix urges caution when it comes to calling a bottom in Macau gaming stocks. Although there have been several recent news reports and analyst reports indicating that Macau may have made it through the worst of the downturn, Hendrix wants to see more evidence before…