About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Electric vehicle giant Tesla (TSLA) hit headlines recently with an impressive third-quarter earnings report, sending its stock soaring in one of its biggest single-day gains in a decade. Last week, the Tesla stock jumped about 23% primarily due to margin improvement and an upbeat outlook (read: Tesla Records its Best Day in 11 Years: 5 ETF Winners). Despite this surge, Wall Street remains divided over Tesla's place in the "Magnificent Seven" — a group of market-dominating tech giants, including NVIDIA (NVDA ...

EXCLUSIVE: In a significant changing of the guard in Netflix's senior executive ranks, Chief Communications Officer Rachel Whetstone and Global Public Policy VP Dean Garfield are leaving the company. The news has just been shared with staffers in an internal memo. Co-CEO Ted Sarandos intends to conduct a search for a Chief Global Affairs Officer, whose portfolio will include both policy and communications. No one as yet has been identified for the role, and external candidates are to be considered, a person ...

Sectors that generally survive market volatility relatively unscathed do so by cutting costs and maintaining strong balance sheets. Also, with Fed rate cuts starting with a 50 basis point cut already announced from the September meeting, these sectors have only upsides in the offing. At least another rate cut announcement is expected in November. In such an environment, mega-cap growth stocks like tech and communication services seem lucrative because of their current undervaluation.Communication Services h ...

While Buffett has been adding to his SiriusXM stake, there are some better options in the media sector.Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B 0.99%) seems to have found the latest apple of its eye. The trillion-dollar conglomerate has been rapidly accumulating shares of SiriusXM Holdings (SIRI 2.39%), the satellite radio company that's considered a monopoly by some investors.Berkshire now owns 32% of SiriusXM, according to the most recent SEC filings. Buffett isn't new to Sirius stock. He first ...

All seven companies currently worth at least $1 trillion are leaders in the AI space.Reaching a trillion-dollar valuation is a milestone that only a small cohort of companies have ever achieved. Right now, there are seven public companies with a market cap in excess of $1 trillion. Those companies are:Apple: $3.5 trillionNvidia: $3.4 trillionMicrosoft: $3.2 trillionAlphabet: $2 trillionAmazon: $1.9 trillionMeta Platforms: $1.4 trillionTaiwan Semiconductor Manufacturing: $1 trillionIn addition to the compani ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Gro ...

Netflix has silently had a fantastic 2024. In the tech sector, the general sentiment for 2023 and 2024 has been that if it's not involved in artificial intelligence (AI), it gets ignored. I'm just as guilty of this as others, which has caused me to miss one of 2024's best-performing stocks: Netflix (NFLX 0.02%). Netflix is up more than 50% year to date, which would make it the third-best performing "Magnificent Seven" stock (behind Nvidia and Meta Platforms) if it were included in the group. Does Netflix de ...

Costco's membership crackdown may bring in a Netflix-style revenue lift. Morgan Stanley analysts say they've seen "surprising conversion rates" of shoppers paying the fee. Costco could grow US signups by about 8%, or about 4 million people, analysts estimated. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite to ...

When it comes to streaming, there is no denying that Netflix (NASDAQ: NFLX ) is the largest pure-play firm out there. For quite a while now, the company has been on a growth spurt. A couple of years ago, there were concerns aboutCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow ...