Michael Nagle | Bloomberg | Getty Images Stocks were set for a muted open on Wednesday even after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump. Dow Jones Industrial Average futures were up 14 points after the 6 p.m. open, implying a gain of 44 points at
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Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City. Getty Images Disney‘s entrance into video streaming sets it up to dominate the media industry, according to Wells Fargo. The
A remote control is seen being held in front of a television running the Netflix application Jaap Arriens | NurPhoto | Getty Images Barclays took a new swing at the difficult task of valuing growth companies in a note on Monday, applying its new framework to the often opaque valuation of Netflix. “Overall, our methodology
The Netflix logo is seen on a mobile phone. Jaap Arriens | NurPhoto | Getty Images What a difference the past two months made for Netflix. It was just early July when the streaming video giant’s stock was flirting with new record highs. Now after an unexpected loss of subscribers and increased competition in the
CNBC’s Jim Cramer on Monday told investors to beware the hyped-up IPOs these days like WeWork and Uber with overly ambitious mission statements that don’t accurately reflect their actual businesses. “How about Peloton? Do we want shares of Peloton? See, here’s what I think happens [with unicorns]. First we think Uber is a platform, then