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Don't buy Disney stock because Netflix will win the streaming wars, analyst says

Rohan Reddy, director of research at Global X ETFs, spoke with Quartz for the latest installment of our “Smart Investing” video series.Read more...

Wed May 8, 2024 18:52
Stock buybacks hit their highest level in more than 5 years

At a time when inflation remains elevated and investors are hoping for interest rates cuts this year, companies are increasingly boosting their share prices by buying them back. Deutsche Bank says stock buybacks have reached $262 billion this earnings season, Yahoo Finance reports, a sign of Corporate America’s…Read more...

Wed May 8, 2024 18:52
Shopify stock plummets 19% after it warns of a slowdown in sales

E-commerce platform Shopify is expecting sales to slow down in the coming quarter, despite a double-digit increase during its first quarter. Read more...

Wed May 8, 2024 18:52
Delta is back on top as customers' favorite airline

After two years of falling behind JetBlue, Delta is once again the apple of first-class flyers’ eyes, ranking No. 1 in customer satisfaction for first-class and business customers on J.D. Power’s annual North America airline satisfaction study. Delta also ranked first in customer satisfaction for premium economy…Read more...

Wed May 8, 2024 18:22
EV startup Rivian's losses just keep getting bigger

Tesla isn’t the only electric vehicle startup that’s struggling. Rivian has now admitted that losses at the company are widening as it begins to refurbish its factory in preparation for the rollout of a fleet of new models. Read more...

Wed May 8, 2024 18:22

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