Air New Zealand falls after earnings outlook cut on stiff competition
By Rajasik Mukherjee
Best Free US Stock Signals for 2024
By Rajasik Mukherjee
(Reuters) -Shares of Paramount Global rose more than 10% on Friday, after Reuters reported Sony (NYSE:SONY) Pictures Entertainment and Apollo Global Management (NYSE:APO) were discussing a joint bid to acquire the media company.
(Reuters) – Wall Street\’s \”fear gauge\” hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.
By Laura Sanicola and Nicole Jao
On Friday, Netflix (NASDAQ:NFLX) received an upgrade to \’Buy\’ from \’Hold\’ by Needham, with the firm setting a new price target of $700 for the streaming giant\’s stock. The upgrade follows Netflix\’s first-quarter earnings release, which showcased a revenue of $9.4 billion, marking a 15% year-over-year increase and surpassing estimates by 1%. The company\’s GAAP earnings per share (EPS) also rose significantly by 83% year-over-year to $5.28, exceeding estimates by 18%.
(This March 20 story has been corrected to say Stellantis (NYSE:STLA), not Chrysler, is recalling vehicles in the headline and paragraph 1)