Allegro MicroSystems (NASDAQ:ALGM): Chip designer Allegro MicroSystems (NASDAQ:ALGM) Allegro MicroSystems fell by 13.4% on Monday after
ON Semiconductor withdrew its proposal to acquire the company. See our full article here.
The creators of Black Mirror deliver a chilling narrative about our reliance on subscription-based living, with the story of a couple's desperate measures to afford life-saving technology.
U.S. stock futures slipped Tuesday night, following warnings of sizable new headwinds for the semiconductor industry amid fresh tariff-related uncertainties spooking tech stocks, as investors await crucial retail sales data and more prominent earnings this week.
BofA Securities analyst maintains Buy rating on Netflix with $1,175 target. Predicts continued positive subscriber and earnings growth, potential in advertising and live opportunities, and a $1 trillion valuation by 2030. Shares expected to react positively.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Shares of streaming video giant Netflix (NASDAQ: NFLX)
jumped 5.9% in the afternoon session after the Wall Street Journal reported that the company (NFLX) set a lofty goal to reach a $1 trillion market valuation by 2030. In its annual review, Netflix laid out plans to more than double revenue from $39 billion to $80 billion, signaling aggressive growth expectations likely tied to subscriber expansion, content monetization, and international market expansion.
Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking a more conciliatory approach.
UBS noted that its proprietary viewership tracker shows a rebound in consumption following a slowdown linked to Netflix’s paid-sharing crackdown and delayed content releases.
