Netflix is currently soaring, enjoying an impressive 11-day streak of increasing stock prices, an accomplishment that marks its longest uninterrupted rise to date. This milestone has sparked renewed interest amongst investors, aspiring analysts, and entertainment enthusiasts alike. The previous record was set between late 2018 and early 2019, where the stock’s fluctuations were more restrained.
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The $10,000 cap on state and local tax (SALT) deductions established by the 2017 Tax Cuts and Jobs Act (TCJA) is emerging as a central issue again. While initially positioned as a measure targeting lavish tax avoidance, its implications are trickling down, revealing an uncomfortable truth: it disproportionately affects those who are not among the
Warren Buffett, an icon in the realm of finance, embarked on his journey six decades ago with a dilapidated textile company in Massachusetts that hardly hinted at the vast empire it would evolve into. The annual meeting of Berkshire Hathaway has morphed from an intimate assembly of a mere dozen participants into what can be
As the bustling holiday season approaches each year in the United States, consumers eagerly anticipate the aisles brimming with festive merchandise. This phenomenon, known colloquially as “Christmas creep,” has become an annual ritual where retailers aim to maximize profits by rolling out decorations and gifts well before the turkey has been carved on Thanksgiving. However,
In a world grappling with climate change and economic uncertainties, oil supermajor Shell has managed to announce a profit of $5.58 billion for the first quarter of 2025—an impressive figure, considering the backdrop of an industry in flux. While this amount surpasses analyst forecasts, it marks a significant decline of about 28% from the $7.73
In a rapidly evolving digital economy, the race for supremacy in peer-to-peer payment platforms is heating up. Companies like Venmo and Cash App, both of which emerged as frontrunners in this sector, are beginning to show stark differences in their trajectories. With the latest quarterly reports dropping like a bombshell, it becomes evident that while
Elon Musk has never been one to shy away from controversy, and his latest concerns regarding a $2.5 billion renovation of the Federal Reserve building are no exception. As he disburses criticism like confetti, his emphasis on government spending waste creates a critical dialogue in an era where fiscal responsibility is becoming non-negotiable. The astronomical
In a world rife with economic uncertainty, the appeal of gold remains steadfast. Its reputation as a safe haven during market volatility cannot be disregarded, particularly as investors scramble for stability amid turbulent geopolitical landscapes and economic downturns. The recent climb in gold prices has yielded substantial returns for many investors, sparking a surge of
With President Donald Trump’s administration implementing auto tariffs, companies like General Motors (GM) find themselves grappling with an unexpected financial burden. Recently, GM revealed a staggering potential impact of $4 billion to $5 billion on its earnings guidance for 2025 due to these tariffs. While corporations often have to navigate market fluctuations and economic policies,
Eli Lilly has just unveiled its first-quarter results, painting a contrasting picture of triumph and caution. With a staggering revenue increase that reached $12.73 billion—an impressive 45% rise from last year—it’s hard not to celebrate this moment for the pharmaceutical giant. The company’s share of the diabetes drug market, particularly with its blockbuster products, Mounjaro