Category: Finance
Netflix Inc. analysts are increasing their price targets in anticipation of strong subscriber growth driven by popular shows like Bridgerton.
Keywords: Netflix Inc., price targets, subscriber growth, Bridgerton
Source: Bloomberg
Update At: 7/19/2024
Patagonia Gold Corp. announced its Q3 2024 financial results, highlighting the receipt of a final permit for the Calcatreu project and a definitive agreement to acquire four mineral properties. The company aims to enhance shareholder value through its gold and silver projects in Argentina.
GlobeNewswire
The New York Department of Financial Services is expected to approve Ripple's USD stablecoin (RLUSD), potentially launching on December 4th. This approval could significantly impact the US crypto market and investor focus on the Ripple case amid ongoing SEC scrutiny.
FX Empire
Top four equity release facts to help you understand the options available and determine if it's suitable for you.
Radio Times
Bitcoin experienced a significant surge, increasing by $6,000 in one day following projections of Trump's presidential win, eventually reaching a new record above $74,000 and hitting $90,000 a week later.
KESQ
Tax season is approaching with the IRS increasing standard deductions for 2024. Married couples filing jointly will see a deduction of $29,200, while single filers will have a deduction of $14,600. The start of tax season is expected to be announced in January, with the filing deadline on April 15. Additionally, higher standard deductions are projected for 2025.
NewsCenterMaine.com WCSH-WLBZ
The market reacted negatively to the Federal Reserve's recent statements, leading to a significant drop in the Dow and an increase in mortgage rates. Chairman Powell's lack of confidence during the press conference raised concerns about future rate cuts and inflation forecasts, indicating a prolonged period of elevated mortgage rates. The Fed's cautious approach to the labor market and its implications for housing in 2025 were also highlighted.
HousingWire
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CNET
Despite the Federal Reserve's recent interest rate cuts, mortgage rates remain high due to factors like Treasury yields, inflation expectations, credit risk, and economic conditions. Prospective homebuyers face increased borrowing costs, which may limit their purchasing power. The National Association of Realtors predicts a slight decline in mortgage rates by 2025, but the overall impact of the Fed's cuts on mortgage rates is limited.
The Africa Logistics